Global Potentiometers market cagr 6.40%

Potentiometers Market Scope: Industry Analysis, Market Size, Growth, Trends Till 2031

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Potentiometers Market Size and Growth

The global potentiometers market is witnessing steady growth due to increasing demand for electronic devices. Market size is estimated to reach $2.5 billion by 2025, with a CAGR of 4%. Rising adoption of smart home technology and IoT devices is driving market expansion, with Asia-Pacific region leading in market share.

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Companies Covered (Covid 19 Impact Covered)

◍ Analog Devices

◍ BI Technologies

◍ NTE Electronics

◍ Bourns

◍ TT Electronics

◍ Vishay

◍ Honeywell

◍ BEI Sensors

◍ Precision Electronics

◍ Haffmann+Krippner

The potentiometers market is highly competitive with key players such as Analog Devices, BI Technologies, NTE Electronics, Bourns, TT Electronics, Vishay, Honeywell, BEI Sensors, Precision Electronics, and Haffmann+Krippner. These companies use potentiometers in various applications to cater to different industry needs, contributing to the growth of the market.

- Analog Devices: $6.21 billion

- Bourns: $773 million

- Vishay: $3.11 billion

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Market Segmentation

By Application

◍ Audio Equipment

◍ Computers

◍ Televisions

◍ Measuring Devices

◍ Tuners & Calibrators

By Product

◍ Linear Potentiometers

◍ Rotary Potentiometers

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Market Growth

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$ 2.70 Billion