SMD Shunt Resistor Market overview:
SMD shunt resistors are used to guide the current flow in the circuit. These resistors are manufactured from Manganin as their temperature coefficient is near zero. SMD shunt resistors are used in automobiles, laptops, mobile phones, and other applications.
The regional segment is divided into North America, Asia Pacific, Europe, Latin America, and Middle East & Africa. North America is expected to grab significant market attention due to the presence of key market players in the region such as KOA corporation, Yageo, and Panasonic in the region.
The market is projected to grow at a significant pace reaching a CAGR of approximately XX%, over the forecast period of 2022–2028, despite a considerable fall in Service Operator sales during the initial phase of pandemic spread and lockdown restrictions imposed globally.
In the application segment, the consumer electronics segment is expected to strengthen the growth of the market. The demand for laptops, mobile phones, and other hand-held devices. As SMD shunt resistors are used to measure the amount of current drawn by the device in real-time.
The study is consolidated into major segments and further into sub-segments, such as by Type (Metal Alloy, Metal Foil, Film), By Application (Automotive, Industrial, Telecommunication, Consumer Electronics, Others), to forecast the SMD Shunt Resistor Market Size by value; also includes the analysis of past market dynamics from 2016 – 2021, considering 2021 as the base year.
Lastly, the report includes a regional analysis and country analysis with the latest trends, along with the major key players including Yageo, Isabellenhütte, TA-I Technology, KOA Corporation, ROHM, Cyntec, Vishay, and Panasonic.
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