Shunt Resistor Market Share 2023-2029

Shunt Resistor Market Share 2023-2029

Sep 04, 2023

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.

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A shunt (shunt resistor or ammeter shunt) is a high precision resistor that can be used to measure the current flowing through a circuit. An ammeter shunt is a very low resistance connection between two points in a circuit that forms an alternate path for a portion of the current.

A shunt resistor is an electrical component that is used to measure the current flowing through a circuit. It is a low resistance resistor that is placed in parallel with a device or circuit under test, allowing a small portion of the current to flow through the shunt resistor. By measuring the voltage drop across the shunt resistor, the current flowing through the circuit can be accurately calculated using Ohm’s law. Shunt resistors are commonly used in applications such as power supplies, battery management systems, and motor control circuits.

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.

Total Market by Segment:

Global Shunt Resistor Market, by Current Rating, 2018-2023, 2024-2029 ($ Millions) & (M Units)

Global Shunt Resistor Market Segment Percentages, by Current Rating, 2022 (%)

  • Below 100A
  • 100 to 400A
  • 400 to 750A
  • 750 to 1000A

Further, the report presents profiles of competitors in the market, key players include:

  • Rohm Semiconductor
  • Yageo
  • Murata
  • Vishay
  • Delta Electronics (Cyntec)
  • Isabellenhütte
  • Walsin
  • Viking Tech
  • KOA Corporation
  • Cbeureka
  • Ohmite
  • TT Electronics
  • MEGATRON Elektronik
  • Token Electronics
  • Bourns
  • TE Connectivity
  • Panasonic Corporation

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