Boston, MA -- (SBWIRE) -- 09/01/2016 -- An electrical resistor is a passive electrical component that prevents an excess inrush of current into a circuit. As electricity plays a significant role in modern life, electrical resistors have a broad range of applications and markets. Power generation, transmission, and distribution sectors account for extensive use of resistors. With the demand for electricity showing an exponential increase globally, governments in various countries are undertaking development and modernization of their power generation infrastructure. Both developed and developing countries are making efforts to develop new power generation and T&D infrastructure, besides revamping the existing ones. As electrical resistors form a vital component of the equipment used in power infrastructure, the increase in the demand for electricity, especially in the T&D networks, will boost the demand for electrical resistors and lead to market growth.

Get More Details on this Report and a Full Table of Contents at Global Electrical Resistor Market 2016-2020

Technavio's analysts forecast the global electrical resistor market to grow at a CAGR of 6.47% during the period 2016-2020.

Covered in this report

The report covers the present scenario and the growth prospects of the global electrical resistor market for 2016-2020. To calculate the market size, Technavio takes into account the market demand from end-users such as power supplies, power transmission and distribution, drives and inverters, and motors.

The market is divided into the following segments based on geography:

-Americas
-APAC
-EMEA

Technavio's report, Global Electrical Resistor Market 2016-2020, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

Key vendors

-Cressall
-KOA
-Murata
-TE Connectivity
-Vishay

Other prominent vendors

-Rohm
-Arcol
-Ohmite
-Panasonic
-Ampcontrol Equipments
-Japan Resistor Manufacturing
-Telema
-Precision Resistor Company
-HVR Pentagon

Market driver

-Growth in T&D networks
-For a full, detailed list, view our report

Market challenge

-Lack of product differentiation
-For a full, detailed list, view our report

Market trend

-Growth in smart grid market
-For a full, detailed list, view our report

Key questions answered in this report

-What will the market size be in 2020 and what will the growth rate be?
-What are the key market trends?
-What is driving this market?
-What are the challenges to market growth?
-Who are the key vendors in this market space?
-What are the market opportunities and threats faced by the key vendors?
-What are the strengths and weaknesses of the key vendors?

You can request one free hour of our analyst's time when you purchase this market report. Details are provided within the report.

Companies Mentioned in this Report: Cressall Resistors, , KOA Speer, , Murata, , TE Connectivity, , Vishay, , Rohm, , Arcol, , Ohmite, , Panasonic, , Ampcontrol Equipments, , Japan Resistor Manufacturing, , Telema, , Precision Resistor Company, , HVR Pentagon.

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