Shunt Resistor Market Size, Emerging Trends, Technological Advancements, and Business Strategies 202

Shunt Resistor Market Size 20232029 help@ https://semiconductorinsight.com

(+1)-6467817170 (Int'l)

Report Overview:  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.

©All Rights Reserved, semiconductor insight

Market Value:  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.

CAGR of 2.8% (2023-2029)

©All Rights Reserved, semiconductor insight

By Types:  Wirewound shunt resistors  Metal foil shunt resistors  Thick film shunt resistors  Thin film shunt resistors

©All Rights Reserved, semiconductor insight

By Applications:

Automotive

Ammeter

Communication Consumer Electronics Power supplies

©All Rights Reserved, semiconductor insight

Get in touch

(+1 (+1)-6467817170 (Int'l) help@semiconductorinsight.com

www. semiconductorinsight.com

Full Report Url: https://semiconductorinsight.com/report/shunt-resistor-market/#:~:text=Strategies%202023%2D2029-,Shunt %20Resistor%20Market%20Size%2C%20Emerging%20Trends%2C%20Technological%20Advancements%2C%20and %20Business%20Strategies%202023%2D2029,-The%20global%20Shunt

©All Rights Reserved, semiconductor insight