Press release
United States Precision Potentiometers Market 2025 | Growth Drivers, Trends & Market Forecast, Competitive Landscape & Investment Opportunities
Market Size and GrowthGlobal Precision Potentiometers Market reached US$ 1.40 billion in 2023 and is expected to reach US$ 2.30 billion by 2031, growing with a CAGR of 6.3% during the forecast period 2024-2031, according to DataM Intelligence report.
Recent merger and acquisition & Developments
United States:
✅ In October 2025, Bourns, Inc. announced the launch of a new series of high-reliability potentiometers designed for extreme conditions. This development aims to enhance performance in automotive and aerospace applications
✅ In September 2025, Crane Co., an industrial manufacturing and technology firm, acquired Precision Sensors & Instrumentation, a provider of sensor-based measurement solutions. This strategic acquisition aims to enhance Crane Co.'s capabilities in precision measurement and control systems, aligning with the growing demand in sectors such as automotive and aerospace.
✅ In August 2025, Bourns, Inc. announced the acquisition of a leading supplier of digital potentiometer technology. This move is expected to strengthen Bourns' position in the digital potentiometer market, catering to the increasing demand for advanced electronic components in automotive and industrial applications.
✅ In July 2025, Honeywell International Inc. completed the acquisition of a specialized manufacturer of precision rotary potentiometers. This acquisition enhances Honeywell's portfolio in the field of precision measurement and control, supporting its expansion into high-precision applications.
Japan:
✅ In October 2025, Tokyo Cosmos Electric Co., Ltd. (TOCOS) acquired a prominent player in the field of multi-turn potentiometers. This acquisition is set to bolster TOCOS's product offerings and market presence, particularly in the automotive and industrial automation sectors.
✅ In September 2025, Murata Manufacturing Co., Ltd. announced the acquisition of a company specializing in hybrid precision potentiometer technology. This strategic move aims to integrate advanced sensor technologies into Murata's product lineup, addressing the growing demand for precision components in electronic devices.
✅ In August 2025, Nidec Copal Electronics Corporation expanded its portfolio by acquiring a manufacturer of high-precision linear potentiometers. This acquisition enhances Nidec's capabilities in providing precise control solutions for various applications, including robotics and automation systems.
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Precision potentiometers are high-accuracy variable resistors used to measure or control voltage, position, or displacement in electronic and mechanical systems. They are widely applied in instrumentation, robotics, aerospace, and industrial automation for precise control and feedback.
Key Players:
=> Bourns, Inc., Vishay Intertechnology, Inc., TT Electronics Plc, Honeywell International Inc., TE Connectivity Ltd., Panasonic Corporation, CTS Corporation, Alpha (Taiwan) Potentiometers, BI Technologies Corporation and ETI Systems.
Growth Forecast Projected:
The Global Precision Potentiometers Market is anticipated to rise at a considerable rate during the forecast period, between 2024 and 2031. In 2023, the market is growing at a steady rate, and with the rising adoption of strategies by key players, the market is expected to rise over the projected horizon.
Research Process:
Both primary and secondary data sources have been used in the global Precision Potentiometers Market research report. During the research process, a wide range of industry-affecting factors are examined, including governmental regulations, market conditions, competitive levels, historical data, market situation, technological advancements, upcoming developments, in related businesses, as well as market volatility, prospects, potential barriers, and challenges.
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Key Segments:
➥ By Type: Single Precision Potentiometers, Multi-Turn Precision Potentiometers
➥ By Shape: Rotary, Linear
➥ By Application: Industrial, Automotive, Aerospace & Defense, Consumer Electronics, Healthcare, Others
➥ By End-User: OEMs, Aftermarket
Regional Analysis for Precision Potentiometers Market:
⇥ North America (U.S., Canada, Mexico)
⇥ Europe (U.K., Italy, Germany, Russia, France, Spain, The Netherlands and Rest of Europe)
⇥ Asia-Pacific (India, Japan, China, South Korea, Australia, Indonesia Rest of Asia Pacific)
⇥ South America (Colombia, Brazil, Argentina, Rest of South America)
⇥ Middle East & Africa (Saudi Arabia, U.A.E., South Africa, Rest of Middle East & Africa)
Benefits of the Report:
Chapter 1: Sets the stage by outlining the report's coverage, summarizing key market segments by region, product type, and application. Presents a snapshot of market sizes, growth potential across segments, and anticipated industry evolution both short and long term.
Chapter 2: Highlights pivotal market insights and uncovers the most significant emerging trends driving change within the industry.
Chapter 3: Offers an in-depth look at the competitive landscape among Precision Potentiometers producers, including revenue shares, strategic moves, and recent mergers and acquisitions.
Chapter 4: Presents comprehensive profiles of the market's key players, delving into details such as revenue, profit margins, product portfolios, and company milestones.
Chapters 5 & 6: Analyze Precision Potentiometers revenue at both regional and country levels, providing quantitative breakdowns of market sizes, growth opportunities, and development prospects worldwide.
Chapter 7: Focuses on different market segments by type, examining their individual sizes and potential, guiding readers toward high-impact, untapped market areas.
Chapter 8: Explores segmentation by application, evaluating industry growth potential in various downstream markets and pinpointing promising sectors for expansion.
Chapter 9: Provides a thorough review of the industry's supply chain mapping out both upstream and downstream activities.
Chapter 10: Concludes with a summary of the report's key findings and highlights the most critical takeaways for industry stakeholders.
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FAQ
What is the current size of the Precision Potentiometers Market?
A: In 2023, the Precision Potentiometers Market was valued at US$ 1.40 billion , reflecting its strong industry presence.
Q2: How large is the Precision Potentiometers Market expected to be by 2031?
A: By 2031, industry forecasts suggest the Precision Potentiometers Market will grow to around US$ 2.30 billion, demonstrating significant expansion.
Q3: What is the growth rate of the Precision Potentiometers Market?
A: The market is projected to expand at a compound annual growth rate (CAGR) of 6.3% during the forecast period from 2024 to 2031.
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