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Wire Wound Variable Resistors Market Share

Report ID: GMI9795
Published Date: Jun 2024
Report Format: PDF

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Wire Wound Variable Resistors Market Share

TT Electronics and Bourns, Inc. held a share of over 10% in the market in 2023. TT Electronics is a global provider of engineered electronics for performance-critical applications. TT Electronics offers a wide range of precision resistors including wire wound variable resistors, potentiometers, and rheostats. These resistors are designed to meet stringent performance requirements in industries, such as automotive, industrial, aerospace, and medical, providing high reliability and accuracy for various applications.

Bourns, Inc. is a leading manufacturer of electronic components including wire wound variable resistors. The company offers a wide range of resistive products known for their reliability and performance. Bourns' wire wound variable resistors find applications in various sectors including automotive, consumer electronics, and industrial automation.

Wire Wound Variable Resistors Market Companies

Major players operating in the wire wound variable resistors industry are:

Bourns, Inc.
Honeywell
Novotechnik U.S. Inc.
Ohmite Manufacturing Co.
TE Connectivity
TT Electronics
Vishay Intertechnology, Inc.

Authors: Suraj Gujar, Rutvij Kshirsagar

Frequently Asked Questions (FAQ) :

Global industry size for wire wound variable resistors was valued at USD 1.4 billion in 2023 and is anticipated to register over 4.5% CAGR between 2024 and 2032 driven by increasing demand for high-performance electronics components and the growing need for precision and reliability in industries.

The precision segment in the wire wound variable resistors market is expected to witness over 6% CAGR through 2032 driven by rising aerospace and medical needs for exact resistance and enhanced innovations for providing lower temperature coefficients and reduced noise.

North America market held 35% revenue share in 2032, driven by technological innovation, automotive advancements, and industrial automation.

Bourns, Inc., Honeywell, Novotechnik U.S. Inc., Ohmite Manufacturing Co., TE Connectivity, TT Electronics and Vishay Intertechnology, Inc.