Press release
Automotive High Voltage Resistor market is forecast to a readjusted size of USD 424.9 million by 2028 with a CAGR of 4.5% during review period
Automotive High Voltage Resistor
The global Automotive High Voltage Resistor market size is estimated to be worth US$ 314.6 million in 2021 and is forecast to a readjusted size of USD 424.9 million by 2028 with a CAGR of 4.5% during review period. Commercial Vehicles accounting for 20.8% of the Automotive High Voltage Resistor global market in 2021, is projected to value USD 84.8 million by 2028, growing at a 3.9% CAGR in next six years. While Chip Resistor segment is altered to a 4.7% CAGR between 2022 and 2028.
The Automotive High Voltage Resistor market report provides a detailed analysis of global market size, regional and country-level market size, segmentation market growth, market share, competitive landscape, sales analysis, impact of domestic and global market players, value chain optimization, trade regulations, recent developments, opportunities analysis, strategic market growth analysis, product launches, area marketplace expanding, and technological innovations.
Automotive High Voltage Resistor market is split by Type and by Application. For the period 2017- 2028, the growth among segments provides accurate calculations and forecasts for sales by Type, and by Application in terms of volume and value. This analysis can help you expand your business by targeting qualified niche markets.
๐๐๐ซ๐ค๐๐ญ ๐ฌ๐๐ ๐ฆ๐๐ง๐ญ ๐๐ฒ ๐๐ฒ๐ฉ๐, ๐๐จ๐ฏ๐๐ซ๐ฌ
โค Chip Resistor
โค Wirewound Resistor
โค Others
๐๐๐ซ๐ค๐๐ญ ๐ฌ๐๐ ๐ฆ๐๐ง๐ญ ๐๐ฒ ๐๐ฉ๐ฉ๐ฅ๐ข๐๐๐ญ๐ข๐จ๐ง ๐๐๐ง ๐๐ ๐๐ข๐ฏ๐ข๐๐๐ ๐ข๐ง๐ญ๐จ
โค Commercial Vehicles
โค Passenger Vehicles
๐๐ฝ๐ฝ๐น๐ถ๐ฐ๐ฎ๐๐ถ๐ผ๐ป ๐๐ป๐๐ถ๐ด๐ต๐๐:
๐พ๐ค๐ข๐ข๐๐ง๐๐๐๐ก ๐๐๐๐๐๐ก๐๐จ
A commercial vehicle is a vehicle that is licensed to be used for the transportation of goods or materials rather than passengers. Light to medium-sized commercial vehicles are used to transport relatively light goods. Thanks to its load carrying capacity, a five-seater one-tonne double cab is counted for tax purposes as a commercial vehicle. The point of any commercial vehicle, whether it's a florist's van or part of a parcel delivery firm, is to be of service to the business.
๐๐๐จ๐จ๐๐ฃ๐๐๐ง ๐๐๐๐๐๐ก๐๐จ
Passenger Vehicles means passenger vehicles, including electric powered cars and vehicles, mini vans, sports utility vehicles, motorcycles, motor scooters, bicycles, vans, light trucks, and pickup trucks, but, excluding buses, trucks with a load capacity of one (1) ton or more not included within the "car" or "passenger vehicle".
๐๐๐ซ๐ค๐๐ญ ๐๐ซ๐ข๐ฏ๐๐ซ๐ฌ
๐ฅ๐ถ๐๐ฒ ๐ถ๐ป ๐๐๐ฒ ๐ถ๐ป ๐ฎ๐๐๐ผ๐บ๐ผ๐๐ถ๐๐ฒ ๐ฎ๐ป๐ฑ ๐ถ๐ป๐ฑ๐๐๐๐ฟ๐ถ๐ฎ๐น ๐ฎ๐ฝ๐ฝ๐น๐ถ๐ฐ๐ฎ๐๐ถ๐ผ๐ป๐ ๐๐ผ ๐ณ๐๐ฒ๐น ๐๐ต๐ฒ ๐บ๐ฎ๐ฟ๐ธ๐ฒ๐ ๐ฒ๐ ๐ฝ๐ฎ๐ป๐๐ถ๐ผ๐ป
Automotive high voltage resistors can be free-standing or built into the control circuitry of electric motors to regulate the speed of the cooling fan, windows, seats, mirrors, and wipers. These components are used in hybrid and other types of automobiles to convert between various voltages and provide regenerative electric braking to the wheels. For instance, in January 2020, KOA Speer Electronics released the HV73V high voltage resistor, designed specifically for automotive applications. The HV73V resistor is perfect for high voltages since it has a specific inner electrode material. Compared to ordinary resistors, it reaches maximum operating voltages that are 2.5 times higher and has better temperature cycling stability.
๐๐ฟ๐ผ๐๐ถ๐ป๐ด ๐ฎ๐ฑ๐ผ๐ฝ๐๐ถ๐ผ๐ป ๐ผ๐ณ ๐ฒ๐น๐ฒ๐ฐ๐๐ฟ๐ถ๐ฐ ๐๐ฒ๐ต๐ถ๐ฐ๐น๐ฒ๐ ๐๐ผ ๐ฑ๐ฟ๐ถ๐๐ฒ ๐๐ต๐ฒ ๐บ๐ฎ๐ฟ๐ธ๐ฒ๐
The market for automotive high voltage resistors has become more accessible by the increased adoption of electric vehicles due to the negative environmental effects of conventional gasoline automobiles and the rise in fuel prices. Customers are becoming more likely to purchase hybrid or battery-powered cars, which is expected to increase electric vehicle sales, driving the automotive high voltage resistor market. Furthermore, traditional fuel cars are one of the major contributors to air pollution worldwide.
๐๐๐ซ๐ค๐๐ญ ๐๐ซ๐๐ง๐๐ฌ
โข One of the primary trends for the automotive high voltage resistor market is passenger automobiles. Their demand in this market will rise due to the growing use. The need for ever-increasing safety in passenger vehicles, buses, lorries, and other forms of transportation has prompted automakers worldwide to expand their investment in these parts significantly. Automobile manufacturers have also concentrated on increasing fuel efficiency by decreasing emissions and lowering noise pollution from exhausts and powertrains, increasing insulation needs that can only be met by using an automotive high voltage resistor.
โข Another trend for market growth is the government's stringent pollution regulations, and customers' rising environmental consciousness is anticipated to increase demand for electric vehicles, which will drive the automotive high voltage market expansion.
Global key manufacturers of Automotive High Voltage Resistor include Vishay, Viking Tech, KOA Speer, YAGEO, and Ralec, etc. In terms of revenue, the global top players hold a share over 50% in 2021.
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Market Research Corridor
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Market Research Corridor is a global market research and management consulting firm serving businesses, non-profits, universities and government agencies. Our goal is to work with organizations to achieve continuous strategic improvement and achieve growth goals. Our industry research reports are designed to provide quantifiable information combined with key industry insights. We aim to provide our clients with the data they need to ensure sustainable organizational development.
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