Power Resistors Market Research Report – Type, Packaging, Application, Distribution Channel, Region up to 2022


Global Power Resistors Market is expected to grow at a significant CAGR in the upcoming years as the scope and its applications are increasing across the globe. A resistor designed and manufactured to dissipate large amounts of power in a compact physical package is termed as power resistors. Usually, they have a power rating of at least 5 Watt. They are made up of materials with a high thermal conductivity, letting efficient cooling.


The factors that propel the growth of the Power Resistors Market include increasing demand, rapid urbanization & industrialization, wide range of applications, and product development & technological innovations. The market is classified on the basis of product type, applications, distribution channel and geography. Power Resistors Market is segmented by product type as case type, grid type, smoothwound type, wirewound type, and others. Power Resistors Industry is classified on applications as power equipment, transportation, and others. Power Resistors Market is segmented by distribution channel as online stores, specialty stores and others. The market is classified on the basis of geography as North America, Latin America, Western Europe, Eastern Europe, Asia Pacific, Japan and Middle East and Africa.
Some of the key players that fuel the growth of the Power Resistors Market include Enapros, Hubbell Incorporated, Ohmite, Precision Resistor, VIKING, and others. The key players are focusing on inorganic growth to sustain themselves amidst fierce competition. As such, mergers, acquisitions, and joint ventures are the need of the hour.

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