Wire Wound Variable Resistors Market – Global Industry Analysis and Forecast (2023-2029)

Wire Wound Variable Resistors Market size was US$ 1.30 Bn in 2022 and is expected to reach US$ 1.71 Bn by 2029, at a CAGR of 4% during the forecast period.

Wire Wound Variable Resistors Market Definition:

A wire wound variable resistor is a passive electronic component that is generally used to restrict or limit current flow in a circuit. Wirewound variable resistors are commonly constructed by winding conductive or metal wire such as fibreglass, plastic, ceramic and nichrome core.Wire Wound Variable Resistors MarketTo know about the Research Methodology :- Request Free Sample Report

Wire Wound Variable Resistors Market Dynamics:

A growing adoption of wirewound variable resistors in several electronic instruments and equipment where more requirements of high accuracy and high power is needed which in turn is major driving factor behind the growth of the market. Increasing demand of wirewound resistor for applications such as computers, telecommunication, audio and video equipment, telephone switching systems, current and voltage balancing, medical electronic equipment and many others and rising shift of various manufacturers towards wirewound variable resistor owing to its benefits such as higher stability, wide resistance range, higher accuracy and lower cost than other resistors are expected to improve growth of the market during forecast. In addition, growing consumer electronic market across the globe and supportive government’s initiatives to boost electronics industry in the APAC region is further propelling the growth of the market. However, ability to use wirewound variable resistors only for low frequency applications, larger size, and high cost than carbon size resistor are major restraining factors that could hamper the growth of the market.

Wire Wound Variable Resistors Market Segment Analysis:

By type, precision resistor segment dominated the market in 2022 and is expected to maintain its dominance at CAGR of xx% during the forecast period. Precision wirewound resistors are created for high energy impulse applications. Growing adoption of precision wirewound resistor for a number of different applications such as test instrumentation, in calibration equipment, measuring bridges, AF attenuators and many other applications is attributed to the growth of the market. Increasing focus of various leading manufacturers to provide cost effective, highly accurate and stable precision wirewound resistors in the market and wide scale adoption of precision wirewound resistors in power inverters, engine and temperature sensors are propelling the growth of the market. By application, the potentiometer segment dominated the market in 2022 and is projected to witness fast growth at a CAGR of xx% during the forecast period. Potentiometer is an electronic measuring component that is generally used to measure electric voltage or potential in an electronic device. The potentiometer market is majorly driven by its wide scale adoption in electronic devices such as audio and volume control equipment. Additionally, increased adoption of potentiometer in TVs to control colour, contrast response and picture brightness, in motion control equipment and in displacement transducers is impelling the growth of the market.

Wire Wound Variable Resistors Market Regional Analysis:

Region wise, the Asia Pacific held the largest market share in 2022 and is expected to maintain its dominance at a CAGR of xx% during the forecast period. The countries such as China, Japan, India, Vietnam, Thailand, and South Korea are major key contributors behind the growth of the market. The growth is attributed to growing consumer electronic and electronic components manufacturing industry across the region. Massive availability of cheap raw materials, lower cost labors, increasing government and corporate spending and initiatives, increased demand of household equipment, changing lifestyle and high disposable income of consumers is driving the growth of the market. According to the MMR report, it is found that the total export of electrical resistors including potentiometer and rheostat and excluding heating resistors is valued US$ 30 million in 2022. The objective of the report is to present a comprehensive analysis of the Global Wirewound Variable Resistors Market including all the stakeholders of the industry. The past and current status of the industry with forecasted market size and trends are presented in the report with the analysis of complicated data in simple language. The report covers all the aspects of the industry with a dedicated study of key players that includes market leaders, followers, and new entrants. PORTER, SVOR, PESTEL analysis with the potential impact of micro-economic factors of the market has been presented in the report. External as well as internal factors that are supposed to affect the business positively or negatively have been analyzed, which will give a clear futuristic view of the industry to the decision-makers. The report also helps in understanding Market dynamics, structure by analyzing the market segments and projects the Market. Clear representation of competitive analysis of key players by Application, price, financial position, Product portfolio, growth strategies, and regional presence in the Global Wirewound Variable Resistors Market make the report investor’s guide.

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Wire Wound Variable Resistors Market
Report Coverage Details
Base Year: 2022 Forecast Period: 2023-2029
Historical Data: 2017 to 2022 Market Size in 2022: US$ 1.30 Bn.
Forecast Period 2023 to 2029 CAGR: 4% Market Size in 2029: US$ 1.71 Bn.
Segments Covered: by Type • Precision Resistors • Power Resistors
by Application • Temperature Sensors • Potentiometers • Current Sensors

Wire Wound Variable Resistors Market, by Region

North America (United States, Canada and Mexico) • Europe (UK, France, Germany, Italy, Spain, Sweden, Austria and Rest of Europe) • Asia Pacific (China, South Korea, Japan, India, Australia, Indonesia, Malaysia, Vietnam, Taiwan, Bangladesh, Pakistan and Rest of APAC) • Middle East and Africa (South Africa, GCC, Egypt, Nigeria and Rest of ME&A) • South America (Brazil, Argentina Rest of South America)

Wire Wound Variable Resistors Market Key Players are:

ADI American Distributors Inc • 1-Source Electronic Components • Cougar Electronics Corp • KRL Bantry Components, Inc • Ohmite Manufacturing Co • Mod-Tronic Instruments Ltd • Taiwan Volt Electronics Co • Voltronics, Inc • Novotechnik U.S. Inc • Jameco Electronics • Viking Tech Corporation • Vishay Intertechnology, Inc • HEINE Resistors GmbH • MEGATRON Elektronik GmbH & Co • Fong Ya Enterprise Co., Ltd • Japan Resistor Mfg. Co., Ltd • Mega Electronics Co • Reckon Resistors Private Limited • Stead Electronic Industries • Direct Electronics Tech • Stead Electronic Industries • TE Connectivity • Honeywell • TT Electronics Frequently Asked Questions: 1. Which region has the largest share in Global Wire Wound Variable Resistors Market? Ans: Asia Pacific region held the highest share in 2022. 2. What is the growth rate of Global Wire Wound Variable Resistors Market? Ans: The Global Wire Wound Variable Resistors Market is growing at a CAGR of 4% during forecasting period 2023-2029. 3. What is scope of the Global Wire Wound Variable Resistors Market report? Ans: Global Wire Wound Variable Resistors Market report helps with the PESTEL, PORTER, COVID-19 Impact analysis, Recommendations for Investors & Leaders, and market estimation of the forecast period. 4. Who are the key players in Global Wire Wound Variable Resistors Market? Ans: The important key players in the Global Wire Wound Variable Resistors Market are – ADI American Distributors Inc, 1-Source Electronic Components, Cougar Electronics Corp, KRL Bantry Components, Inc, Ohmite Manufacturing Co, Mod-Tronic Instruments Ltd, Taiwan Volt Electronics Co, Voltronics, Inc, Novotechnik U.S. Inc, Jameco Electronics, Viking Tech Corporation, Vishay Intertechnology, Inc, HEINE Resistors GmbH, MEGATRON Elektronik GmbH & Co, Fong Ya Enterprise Co., Ltd, Japan Resistor Mfg. Co., Ltd, Mega Electronics Co, Reckon Resistors Private Limited, Stead Electronic Industries, Direct Electronics Tech, Stead Electronic Industries, TE Connectivity, Honeywell, TT Electronics. 5. What is the study period of this Market? Ans: The Global Wire Wound Variable Resistors Market is studied from 2022 to 2029.
Global Wirewound Variable Resistors Market 1. Preface 1.1. Report Scope and Market Segmentation 1.2. Research Highlights 1.3. Research Objectives 2. Assumptions and Research Methodology 2.1. Report Assumptions 2.2. Abbreviations 2.3. Research Methodology 2.3.1. Secondary Research 2.3.1.1. Secondary data 2.3.1.2. Secondary Sources 2.3.2. Primary Research 2.3.2.1. Data from Primary Sources 2.3.2.2. Breakdown of Primary Sources 3. Executive Summary: Global Wirewound Variable Resistors Market Size, by Market Value (US$ Bn) 4. Market Overview 4.1. Introduction 4.2. Market Indicator 4.2.1. Drivers 4.2.2. Restraints 4.2.3. Opportunities 4.2.4. Challenges 4.3. Porter’s Analysis 4.4. Value Chain Analysis 4.5. Market Risk Analysis 4.6. SWOT Analysis 4.7. Industry Trends and Emerging Technologies 5. Supply Side and Demand Side Indicators 6. Global Wirewound Variable Resistors Market Analysis and Forecast 6.1. Wirewound Variable Resistors Market Size & Y-o-Y Growth Analysis 6.1.1. North America 6.1.2. Europe 6.1.3. Asia Pacific 6.1.4. Middle East & Africa 6.1.5. South America 7. Global Wirewound Variable Resistors Market Analysis and Forecast, By Type 7.1. Introduction and Definition 7.2. Key Findings 7.3. Wirewound Variable Resistors Market Value Share Analysis, By Type 7.4. Wirewound Variable Resistors Market Size (US$ Bn) Forecast, By Type 7.5. Wirewound Variable Resistors Market Analysis, By Type 7.6. Wirewound Variable Resistors Market Attractiveness Analysis, By Type 8. Global Wirewound Variable Resistors Market Analysis and Forecast, By Application 8.1. Introduction and Definition 8.2. Key Findings 8.3. Wirewound Variable Resistors Market Value Share Analysis, By Application 8.4. Wirewound Variable Resistors Market Size (US$ Bn) Forecast, By Application 8.5. Wirewound Variable Resistors Market Analysis, By Application 8.6. Wirewound Variable Resistors Market Attractiveness Analysis, By Application 9. Global Wirewound Variable Resistors Market Analysis, by Region 9.1. Wirewound Variable Resistors Market Value Share Analysis, by Region 9.2. Wirewound Variable Resistors Market Size (US$ Bn) Forecast, by Region 9.3. Wirewound Variable Resistors Market Attractiveness Analysis, by Region 10. North America Wirewound Variable Resistors Market Analysis 10.1. Key Findings 10.2. North America Wirewound Variable Resistors Market Overview 10.3. North America Wirewound Variable Resistors Market Value Share Analysis, By Type 10.4. North America Wirewound Variable Resistors Market Forecast, By Type 10.4.1. Precision Resistors 10.4.2. Power Resistors 10.5. North America Wirewound Variable Resistors Market Value Share Analysis, By Application 10.6. North America Wirewound Variable Resistors Market Forecast, By Application 10.6.1. Temperature Sensors 10.6.2. Potentiometers 10.6.3. Current Sensors 10.7. North America Wirewound Variable Resistors Market Value Share Analysis, by Country 10.8. North America Wirewound Variable Resistors Market Forecast, by Country 10.8.1. U.S. 10.8.2. Canada 10.9. North America Wirewound Variable Resistors Market Analysis, by Country 10.10. U.S. Wirewound Variable Resistors Market Forecast, By Type 10.10.1. Precision Resistors 10.10.2. Power Resistors 10.11. U.S. Wirewound Variable Resistors Market Forecast, By Application 10.11.1. Temperature Sensors 10.11.2. Potentiometers 10.11.3. Current Sensors 10.12. Canada Wirewound Variable Resistors Market Forecast, By Type 10.12.1. Precision Resistors 10.12.2. Power Resistors 10.13. Canada Wirewound Variable Resistors Market Forecast, By Application 10.13.1. Temperature Sensors 10.13.2. Potentiometers 10.13.3. Current Sensors 10.14. North America Wirewound Variable Resistors Market Attractiveness Analysis 10.14.1. By Type 10.14.2. By Application 10.15. PEST Analysis 10.16. Key Trends 10.17. Key Developments 11. Europe Wirewound Variable Resistors Market Analysis 11.1. Key Findings 11.2. Europe Wirewound Variable Resistors Market Overview 11.3. Europe Wirewound Variable Resistors Market Value Share Analysis, By Type 11.4. Europe Wirewound Variable Resistors Market Forecast, By Type 11.4.1. Precision Resistors 11.4.2. Power Resistors 11.5. Europe Wirewound Variable Resistors Market Value Share Analysis, By Application 11.6. Europe Wirewound Variable Resistors Market Forecast, By Application 11.6.1. Temperature Sensors 11.6.2. Potentiometers 11.6.3. Current Sensors 11.7. Europe Wirewound Variable Resistors Market Value Share Analysis, by Country 11.8. Europe Wirewound Variable Resistors Market Forecast, by Country 11.8.1. Germany 11.8.2. U.K. 11.8.3. France 11.8.4. Italy 11.8.5. Spain 11.8.6. Rest of Europe 11.9. Europe Wirewound Variable Resistors Market Analysis, by Country 11.10. Germany Wirewound Variable Resistors Market Forecast, By Type 11.10.1. Precision Resistors 11.10.2. Power Resistors 11.11. Germany Wirewound Variable Resistors Market Forecast, By Application 11.11.1. Temperature Sensors 11.11.2. Potentiometers 11.11.3. Current Sensors 11.12. U.K. Wirewound Variable Resistors Market Forecast, By Type 11.12.1. Precision Resistors 11.12.2. Power Resistors 11.13. U.K. Wirewound Variable Resistors Market Forecast, By Application 11.13.1. Temperature Sensors 11.13.2. Potentiometers 11.13.3. Current Sensors 11.14. France Wirewound Variable Resistors Market Forecast, By Type 11.14.1. Precision Resistors 11.14.2. Power Resistors 11.15. France Wirewound Variable Resistors Market Forecast, By Application 11.15.1. Temperature Sensors 11.15.2. Potentiometers 11.15.3. Current Sensors 11.16. Italy Wirewound Variable Resistors Market Forecast, By Type 11.16.1. Precision Resistors 11.16.2. Power Resistors 11.17. Italy Wirewound Variable Resistors Market Forecast, By Application 11.17.1. Temperature Sensors 11.17.2. Potentiometers 11.17.3. Current Sensors 11.18. Spain Wirewound Variable Resistors Market Forecast, By Type 11.18.1. Precision Resistors 11.18.2. Power Resistors 11.19. Spain Wirewound Variable Resistors Market Forecast, By Application 11.19.1. Temperature Sensors 11.19.2. Potentiometers 11.19.3. Current Sensors 11.20. Rest of Europe Wirewound Variable Resistors Market Forecast, By Type 11.20.1. Precision Resistors 11.20.2. Power Resistors 11.21. Rest of Europe Wirewound Variable Resistors Market Forecast, By Application 11.21.1. Temperature Sensors 11.21.2. Potentiometers 11.21.3. Current Sensors 11.22. Europe Wirewound Variable Resistors Market Attractiveness Analysis 11.22.1. By Type 11.22.2. By Application 11.23. PEST Analysis 11.24. Key Trends 11.25. Key Developments 12. Asia Pacific Wirewound Variable Resistors Market Analysis 12.1. Key Findings 12.2. Asia Pacific Wirewound Variable Resistors Market Overview 12.3. Asia Pacific Wirewound Variable Resistors Market Value Share Analysis, By Type 12.4. Asia Pacific Wirewound Variable Resistors Market Forecast, By Type 12.4.1. Precision Resistors 12.4.2. Power Resistors 12.5. Asia Pacific Wirewound Variable Resistors Market Value Share Analysis, By Application 12.6. Asia Pacific Wirewound Variable Resistors Market Forecast, By Application 12.6.1. Temperature Sensors 12.6.2. Potentiometers 12.6.3. Current Sensors 12.7. Asia Pacific Wirewound Variable Resistors Market Value Share Analysis, by Country 12.8. Asia Pacific Wirewound Variable Resistors Market Forecast, by Country 12.8.1. China 12.8.2. India 12.8.3. Japan 12.8.4. ASEAN 12.8.5. Rest of Asia Pacific 12.9. Asia Pacific Wirewound Variable Resistors Market Analysis, by Country 12.10. China Wirewound Variable Resistors Market Forecast, By Type 12.10.1. Precision Resistors 12.10.2. Power Resistors 12.11. China Wirewound Variable Resistors Market Forecast, By Application 12.11.1. Temperature Sensors 12.11.2. Potentiometers 12.11.3. Current Sensors 12.12. India Wirewound Variable Resistors Market Forecast, By Type 12.12.1. Precision Resistors 12.12.2. Power Resistors 12.13. India Wirewound Variable Resistors Market Forecast, By Application 12.13.1. Temperature Sensors 12.13.2. Potentiometers 12.13.3. Current Sensors 12.14. Japan Wirewound Variable Resistors Market Forecast, By Type 12.14.1. Precision Resistors 12.14.2. Power Resistors 12.15. Japan Wirewound Variable Resistors Market Forecast, By Application 12.15.1. Temperature Sensors 12.15.2. Potentiometers 12.15.3. Current Sensors 12.16. ASEAN Wirewound Variable Resistors Market Forecast, By Type 12.16.1. Precision Resistors 12.16.2. Power Resistors 12.17. ASEAN Wirewound Variable Resistors Market Forecast, By Application 12.17.1. Temperature Sensors 12.17.2. Potentiometers 12.17.3. Current Sensors 12.18. Rest of Asia Pacific Wirewound Variable Resistors Market Forecast, By Type 12.18.1. Precision Resistors 12.18.2. Power Resistors 12.19. Rest of Asia Pacific Wirewound Variable Resistors Market Forecast, By Application 12.19.1. Temperature Sensors 12.19.2. Potentiometers 12.19.3. Current Sensors 12.20. Asia Pacific Wirewound Variable Resistors Market Attractiveness Analysis 12.20.1. By Type 12.20.2. By Application 12.21. PEST Analysis 12.22. Key Trends 12.23. Key Developments 13. Middle East & Africa Wirewound Variable Resistors Market Analysis 13.1. Key Findings 13.2. Middle East & Africa Wirewound Variable Resistors Market Overview 13.3. Middle East & Africa Wirewound Variable Resistors Market Value Share Analysis, By Type 13.4. Middle East & Africa Wirewound Variable Resistors Market Forecast, By Type 13.4.1. Precision Resistors 13.4.2. Power Resistors 13.5. Middle East & Africa Wirewound Variable Resistors Market Value Share Analysis, By Application 13.6. Middle East & Africa Wirewound Variable Resistors Market Forecast, By Application 13.6.1. Temperature Sensors 13.6.2. Potentiometers 13.6.3. Current Sensors 13.7. Middle East & Africa Wirewound Variable Resistors Market Value Share Analysis, by Country 13.8. Middle East & Africa Wirewound Variable Resistors Market Forecast, by Country 13.8.1. GCC 13.8.2. South Africa 13.8.3. Rest of Middle East & Africa 13.9. Middle East & Africa Wirewound Variable Resistors Market Analysis, by Country 13.10. GCC Wirewound Variable Resistors Market Forecast, By Type 13.10.1. Precision Resistors 13.10.2. Power Resistors 13.11. GCC Wirewound Variable Resistors Market Forecast, By Application 13.11.1. Temperature Sensors 13.11.2. Potentiometers 13.11.3. Current Sensors 13.12. South Africa Wirewound Variable Resistors Market Forecast, By Type 13.12.1. Precision Resistors 13.12.2. Power Resistors 13.13. South Africa Wirewound Variable Resistors Market Forecast, By Application 13.13.1. Temperature Sensors 13.13.2. Potentiometers 13.13.3. Current Sensors 13.14. Rest of Middle East & Africa Wirewound Variable Resistors Market Forecast, By Type 13.14.1. Precision Resistors 13.14.2. Power Resistors 13.15. Rest of Middle East & Africa Wirewound Variable Resistors Market Forecast, By Application 13.15.1. Temperature Sensors 13.15.2. Potentiometers 13.15.3. Current Sensors 13.16. Middle East & Africa Wirewound Variable Resistors Market Attractiveness Analysis 13.16.1. By Type 13.16.2. By Application 13.17. PEST Analysis 13.18. Key Trends 13.19. Key Developments 14. South America Wirewound Variable Resistors Market Analysis 14.1. Key Findings 14.2. South America Wirewound Variable Resistors Market Overview 14.3. South America Wirewound Variable Resistors Market Value Share Analysis, By Type 14.4. South America Wirewound Variable Resistors Market Forecast, By Type 14.4.1. Precision Resistors 14.4.2. Power Resistors 14.5. South America Wirewound Variable Resistors Market Value Share Analysis, By Application 14.6. South America Wirewound Variable Resistors Market Forecast, By Application 14.6.1. Temperature Sensors 14.6.2. Potentiometers 14.6.3. Current Sensors 14.7. South America Wirewound Variable Resistors Market Value Share Analysis, by Country 14.8. South America Wirewound Variable Resistors Market Forecast, by Country 14.8.1. Brazil 14.8.2. Mexico 14.8.3. Rest of South America 14.9. South America Wirewound Variable Resistors Market Analysis, by Country 14.10. Brazil Wirewound Variable Resistors Market Forecast, By Type 14.10.1. Precision Resistors 14.10.2. Power Resistors 14.11. Brazil Wirewound Variable Resistors Market Forecast, By Application 14.11.1. Temperature Sensors 14.11.2. Potentiometers 14.11.3. Current Sensors 14.12. Mexico Wirewound Variable Resistors Market Forecast, By Type 14.12.1. Precision Resistors 14.12.2. Power Resistors 14.13. Mexico Wirewound Variable Resistors Market Forecast, By Application 14.13.1. Temperature Sensors 14.13.2. Potentiometers 14.13.3. Current Sensors 14.14. Rest of South America Wirewound Variable Resistors Market Forecast, By Type 14.14.1. Precision Resistors 14.14.2. Power Resistors 14.15. Rest of South America Wirewound Variable Resistors Market Forecast, By Application 14.15.1. Temperature Sensors 14.15.2. Potentiometers 14.15.3. Current Sensors 14.16. South America Wirewound Variable Resistors Market Attractiveness Analysis 14.16.1. By Type 14.16.2. By Application 14.17. PEST Analysis 14.18. Key Trends 14.19. Key Developments 15. Company Profiles 15.1. Market Share Analysis, by Company 15.2. Competition Matrix 15.2.1. Competitive Benchmarking of key players by price, presence, market share, Vehicles and R&D investment 15.2.2. New Product Launches and Product Enhancements 15.2.3. Market Consolidation 15.2.3.1. M&A by Regions, Investment and Vehicles 15.2.3.2. M&A Key Players, Forward Integration, and Backward Integration 15.3. Company Profiles: Key Players 15.3.1. ADI American Distributors Inc 15.3.1.1. Company Overview 15.3.1.2. Financial Overview 15.3.1.3. Product Portfolio 15.3.1.4. Business Strategy 15.3.1.5. Recent Developments 15.3.1.6. Development Footprint 15.3.2. 1-Source Electronic Components 15.3.3. Cougar Electronics Corp 15.3.4. KRL Bantry Components, Inc 15.3.5. Ohmite Manufacturing Co 15.3.6. Mod-Tronic Instruments Ltd 15.3.7. Taiwan Volt Electronics Co 15.3.8. Voltronics, Inc 15.3.9. Novotechnik U.S. Inc 15.3.10. Jameco Electronics 15.3.11. Viking Tech Corporation 15.3.12. Vishay Intertechnology, Inc 15.3.13. HEINE Resistors GmbH 15.3.14. MEGATRON Elektronik GmbH & Co 15.3.15. Fong Ya Enterprise Co., Ltd 15.3.16. Japan Resistor Mfg. Co., Ltd 15.3.17. Mega Electronics Co 15.3.18. Reckon Resistors Private Limited 15.3.19. Stead Electronic Industries 15.3.20. Direct Electronics Tech 15.3.21. Stead Electronic Industries 15.3.22. TE Connectivity 15.3.23. Honeywell 15.3.24. TT Electronics 16. Primary Key Insights
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