SMD Shunt Resistor Market is Projected to Showcase Significant Growth | 2030

In a recent research report by Market Research Community, the SMD Shunt Resistor Market is expected to surpass USD 1,649.1 Billion by the year 2030, from USD 1,210 Billion in 2021.

The SMD Shunt Resistor Market Report is projected to grow at a significant pace reaching a CAGR of approximately 3.5%, over the forecast period of 2022–2030, despite a considerable fall in Type sales during the initial phase of pandemic spread and lockdown restrictions imposed globally.

A shunt resistor is a type of resistor that is connected in parallel with another component, typically a current-sensing device, in order to measure current flow. An SMD (surface-mount device) shunt resistor is a type of shunt resistor that is designed to be mounted directly onto the surface of a printed circuit board (PCB), as opposed to through-hole components that are inserted into holes drilled into the PCB. SMD shunt resistors are typically smaller and more compact than through-hole resistors, and they are often used in high-density electronic applications such as smartphones and laptops.

SMD Shunt Resistor Market Includes Key Players Like: (TE Connectivity, Susumu, Samsung Electro-mechanics, and Ohmite, Panasonic, KOA corporation, Vishay, TA-I Technology, ROHM, Cyntec, Walter TT Electronics, Walsin Technology, Viking Tech, Bourns)

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Analysis

By Type

• Metal Alloy
• Metal Foil
• Film

By Application

• Automotive
• Telecommunication
• Industrial
• Consumer Electronics
• Others

By Geography

• North America: (U.S., Canada, Mexico)
• Europe: (Germany, France, U.K., Russia, Italy, Spain, BENELUX, Rest of Europe)
• Asia Pacific: (China, Japan, India, South Korea, Australia, ASEAN, Rest of Asia Pacific)
• Latin America: (Brazil, Argentina, Chile, Rest of Latin America)
• The Middle East and Africa: (GCC, Turkey, Israel, Rest of MEA)

The Global SMD Shunt Resistor Market Size is expected to grow at a steady pace in the coming years, driven by increasing demand for high-performance and compact electronic devices in various industries such as consumer electronics, automotive, and telecommunications. The market is also driven by the growing adoption of renewable energy sources and the need for efficient energy management systems.

The market growth in Asia-Pacific region is expected to be higher due to the increasing adoption of renewable energy sources and the need for efficient energy management systems.

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