2021 Nonlinear Resistor Market Report: Asia-Pacific to Record Fastest Growth as Electronic Circuits to Continue to Dominate the Market
DUBLIN, May 4, 2021 / PRNewswire / – The “Nonlinear Resistor Market Size, Market Share, Application Analysis, Regional Outlook, Growth Trends, Key Players, Competitive Strategies and Forecast, 2021 to 2029” the report was added to ResearchAndMarkets.com offer.
Growing Use of Electronic Circuits to Drive Nonlinear Resistor Market
The global market for nonlinear resistors is expected to grow with a CAGR of 6.5% during the forecast period 2021 to 2029
The global market for nonlinear resistors has experienced tremendous growth in recent years along with the growth of the electronic circuit market. The major use of electronic circuits in consumer electronics products is driving the growth of the market. Nonlinear resistors have various advantages such as compact size, stability, good tolerance and efficiency to reduce heat dissipation.
The growing demand for electronic circuits in various industries such as consumer electronics, automotive, and others is helping the market for nonlinear resistors to grow. Due to all these factors, we expect huge growth in the nonlinear resistors market during the forecast period.
Electronic circuits to continue to dominate the market
In 2020, the electronic circuit segment contributing over 60% of the total revenue generated globally dominated the global nonlinear resistors market. The electronic circuit is made up of various components such as resistors, transistors, inductors, capacitors, conductors or traces and others. The segment of electronic circuits is growing due to the wide application of electronic circuits in consumer electronic products.
Besides consumer electronic products, electronic circuits have wide application in other products as well such as renewable energy sectors, automotive products and others. Due to all these factors, electronic circuits will continue to dominate the market throughout the forecast period.
Asia Pacific to record the fastest growth
The market for nonlinear resistors is dominated by Asia Pacific. In 2020, the regional market represented nearly 30% of the total turnover generated worldwide. The market here mainly supported by China and India having high spending on electronics as well as a huge consumer base.
Asia Pacific is expected to register the highest growth in the market during the forecast period. Rapid growth in disposable income, growth in technology adoption, and increasing demand for consumer electronics products in the region are the major factors supporting the growth of the market. Due to these factors, Asia Pacific will increase with the highest CAGR throughout the forecast period.
Some of the major players operating in the nonlinear resistors market include AEP Components, Micronova Group, Lucas-Nulle GmbH, Murata Manufacturing, Vetco Electronics, Vishay Intertechnology, Inc., TT Electronics Plc, Queen Mao Electronic Co., Ltd., KOA Speer Electronics Inc, ohmite manufacturing company among others.
Main topics covered:
Chapter 1 Preface
Chapter 2 Executive Summary
2.1 Market Overview: Global NLR Market
Chapter 3 Market Dynamics
3.2 Market dynamics
3.3 Attractive investment proposition, by geography, 2020
3.4 Market Positioning of Major NLR Suppliers, 2020
Chapter 4 Global Nonlinear Resistor (NLR) Market, By Product Type
4.1.1 Global NLR Market Value Share, by Product Type, 2020 and 2029 (Value,%)
4.2 Voltage dependent resistance
4.2.1 Global Voltage Dependent Resistor Market Value, 2019-2029 (Million US $)
4.3 Thermistors with positive temperature coefficient
4.4 Thermistors with negative temperature coefficient
4.5 Light dependent resistance
Chapter 5 Global Nonlinear Resistor (NLR) Market, By Application
5.1.1 Global NLR Market Value Share, by Application, 2020 and 2029 (Value,%)
5.2 Electricity networks
5.3 Electronic circuits
Chapter 6 North America Nonlinear Resistor (NLR) Market Analysis, 2019-2029 (Million US $)
6.2 North America NLR Market Analysis, by Product Type, 2019-2029 (USD Million)
6.3 North America NLR Market Analysis, by Application, 2019-2029 (Million US $)
6.4 North America NLR Market, by Country, 2019-2029 (Million US $)
6.4.1 Market analysis
6.4.2 United States
6.4.3 Remainder of North America
Chapter 7 Europe Nonlinear Resistor (NLR) Market Analysis, 2019-2029 (USD Million)
Chapter 8 Asia-Pacific Nonlinear Resistor (NLR) Market Analysis, 2019-2029 (USD Million)
Chapter 9 Rest of the World (RoW) Nonlinear Resistor (NLR) Market Analysis, 2019-2029 (Million US $)
Chapter 10 Company Profiles
- AEP components
- Micronova Group
- Lucas Nulle GmbH
- Murata manufacturing
- Vetco electronics
- Vishay Intertechnologie Inc.
- TT Electronics Plc
- Queen Mao Electronic Co. Ltd.
- Electronics KOA Speer Inc
- Ohmite Manufacturing Company
For more information on this report, visit https://www.researchandmarkets.com/r/vb5i55
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