Shunt Resistor Market and Emerging Trends 2023-2029

Report Overview:

 This report aims to provide a comprehensive presentation of the global market for Shunt Resistor, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Shunt Resistor.

 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%.

Market Value:

 The global Shunt Resistor market was valued at US$ 1180 million in 2022 and is projected to reach US$ 1433.9 million by 2029, at a CAGR of 2.8% during the forecast period. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.

CAGR of 2.8% (2023-2029)

By Types:

 Wirewound shunt resistors

 Metal foil shunt resistors

 Thick film shunt resistors

 Thin film shunt resistors