Electrical Resistor Market Share, Size, Emerging Trends and Analysis

Technavio Announces the Publication of its Research Report – Global Electrical Resistors Market 2016-2020

Technavio recognizes the following companies as the key players in the global electrical resistors market: Cressall Resistors, KOA Speer, Murata, TE Connectivity, and Vishay.

Other Prominent Vendors in the market are: Rohm, Arcol, Ohmite, Panasonic, Ampcontrol Equipments, Japan Resistor Manufacturing, Telema, Precision Resistor Company, and HVR Pentagon.

Browse full report with TOC@ https://marketreportscenter.com/reports/349536/global-electrical-resistor-market-2016-2020

Commenting on the report, an analyst from Technavio’s team said: “Growth in smart grid market will be a key trend for growth of global electrical resistors market. Smart grids have a significant impact on energy needs, especially with regard to distribution of electricity. Smart grids enable the integration of distributed energy resources (DER) such as power from renewable energy sources and the adaption of demand patterns and thus form an integral part of a sustainable, participatory, decentralized, safe, and secure energy system of the future. Conventional energy networks, particularly electricity, are undergoing drastic changes due to factors such as the growing contribution of renewable sources and rising demand for electricity due to increasing electrification of transport and heating.”

According to the report, rising importance for resistors in traction and marine applications will be a key driver for market growth. The growth of rail networks to accommodate the needs of travelers and urban commuters globally has resulted in rising demand for braking and control resistors for traction applications in electric locomotives. Traction systems are used in tramways, metro rail networks, tram-trains, regional trains, high-speed trains, and locomotives. Replacement of old resistors offers an easier, simpler, and more cost-effective option than replacing a whole drive with...