Press release
Shunt Resistor Market Size, Emerging Trends, Market Forecast & Analysis 2025-2032
In this report, we provide a comprehensive breakdown of the shunt resistor market size, including the latest data and projections. We also examine the SMD shunt resistor market share, highlighting the growing preference for surface-mounted devices in modern electronic systems. With a focus on both global and regional trends, our analysis covers the shunt resistor market growth in various sectors and provides insights into the key players driving the market's expansion.
A Brief Overview on Shunt Resistor Market Report
A shunt resistor, also known as an ammeter shunt, is a high-precision resistor designed to measure the current flowing through a circuit. It is a low-resistance electrical component placed in parallel with a device or circuit under test, creating an alternate path for a portion of the current. By measuring the voltage drop across the shunt resistor and applying Ohm's law, the current in the circuit can be accurately calculated. These components play a critical role in various applications, including power supplies, battery management systems, and motor control circuits.
In the semiconductor industry, shunt resistors are vital for the efficient operation and monitoring of electronic circuits. They are increasingly in demand due to their ability to deliver precise current measurement, a key requirement in advanced technologies like electric vehicles, industrial automation, and renewable energy systems. This demand contributes significantly to the semiconductor market growth and aligns with emerging semiconductor industry trends, including the push for enhanced efficiency and miniaturization in electronic components.
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Global key players of shunt resistor include Rohm Semiconductor, Yageo, Murata, Vishay, etc. Global top five manufacturers hold a share over 53%. China is the largest producer of shunt resistor holds a share over 52%. In terms of product, rated current 400 to 750A is the largest segment, with a share over 26%. And in terms of application, the largest application is automotive, with a share over 26%.
We surveyed the Shunt Resistor manufacturers, suppliers, distributors and industry experts on this industry, involving the sales, revenue, demand, price change, product type, recent development and plan, industry trends, drivers, challenges, obstacles, and potential risks.
Automotive industry: The global automotive shunt resistor market is expected to reach USD 628.1 million by 2028, growing at a compound annual growth rate (CAGR) of 6.2% from 2021 to 2028.
Industrial automation: The global shunt resistor market size in industrial automation is projected to reach USD 467.8 million by 2028, growing at a CAGR of 4.1% from 2021 to 2028.
Telecommunications: The global shunt resistor market size in the telecommunications sector is expected to reach USD 358.4 million by 2028, growing at a CAGR of 5.1% from 2021 to 2028.
Consumer electronics: The global shunt resistor market size in the consumer electronics sector is projected to reach USD 143.9 million by 2028, growing at a CAGR of 4.9% from 2021 to 2028.
Renewable energy: The global shunt resistor market size in renewable energy is expected to reach USD 174.9 million by 2028, growing at a CAGR of 6.1% from 2021 to 2028.
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Total Market by Segment:
Global Shunt Resistor Market, by Current Rating, 2018-2023, 2024-2029 ($ Millions) & (M Units)
Global Shunt Resistor Market Segment Percentages, by Current Rating, 2023 (%)
Below 100A
100 to 400A
400 to 750A
750 to 1000A
Global Shunt Resistor Market, by Type, 2018-2023, 2024-2029 ($ Millions) & (M Units)
Global Shunt Resistor Market Segment Percentages, by Type, 2023 (%)
Wirewound shunt resistors
Metal foil shunt resistors
Thick film shunt resistors
Thin film shunt resistors
Others
Global Shunt Resistor Market, by Application, 2018-2023, 2024-2029 ($ Millions) & (M Units)
Global Shunt Resistor Market Segment Percentages, by Application, 2023 (%)
Automotive
Ammeter
Communication
Consumer Electronics
Power supplies
Others
Global Shunt Resistor Market, By Region and Country, 2018-2023, 2024-2029 ($ Millions) & (M Units)
Global Shunt Resistor Market Segment Percentages, By Region and Country, 2023 (%)
North America (USA, Canada, Mexico)
Europe (Germany, UK, France, Russia, Italy, Rest of Europe)
Asia-Pacific (China, Japan, South Korea, India, Southeast Asia, Rest of Asia-Pacific)
South America (Brazil, Argentina, Columbia, Rest of South America)
The Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria, South Africa, Rest of MEA)
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FAQ
Q. What is a shunt resistor, and how is it used in the semiconductor industry?
A. A shunt resistor is a high-precision, low-resistance electrical component used to measure the current flowing through a circuit by creating an alternate path for a portion of the current. In the semiconductor industry, shunt resistors are vital for applications like power supplies, battery management systems, and motor controls, enabling accurate current measurement and efficient circuit monitoring.
Q. What factors are driving the growth of the shunt resistor market?
A. The shunt resistor market growth is driven by increasing demand for precision current measurement in industries such as automotive, consumer electronics, and renewable energy. Key trends like the rise of electric vehicles, industrial automation, and miniaturization of electronic components in the semiconductor industry further propel this market's expansion.
Q. What is the significance of SMD shunt resistors in the market?
A. SMD (Surface-Mount Device) shunt resistors are gaining popularity due to their compact size and ability to support high-precision applications in modern electronics. Their growing preference has significantly impacted the SMD shunt resistor market share, especially in sectors like telecommunications, automotive, and IoT-enabled devices.
Q. How does the shunt resistor market align with semiconductor industry trends?
A. The shunt resistor market aligns closely with semiconductor industry trends such as advancements in AI, IoT, and 5G technologies. The increasing complexity and power requirements of electronic devices demand more efficient current sensing and management, positioning shunt resistors as critical components in the semiconductor market growth and future technological innovations.
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About Semiconductor Insight:
Established in 2016, Semiconductor Insight specializes in providing comprehensive semiconductor industry research and analysis to support businesses in making well-informed decisions within this dynamic and fast-paced sector. From the beginning, we have been committed to delivering in-depth semiconductor market research, identifying key trends, opportunities, and challenges shaping the global semiconductor industry.
Our expertly developed semiconductor market reports offer actionable intelligence, including detailed semiconductor industry analysis, market forecasts, competitive analysis, and insights into technological advancements, enabling our clients to maintain a competitive edge. With nearly a decade of expertise, we remain at the forefront of innovation, delivering strategic clarity to businesses in the semiconductor sector.
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