Dublin, April 30, 2021 (GLOBE NEWSWIRE) -- The "Non-Linear Resistors Market Size, Market Share, Application Analysis, Regional Outlook, Growth Trends, Key Players, Competitive Strategies and Forecasts, 2021 to 2029" report has been added to ResearchAndMarkets.com's offering.
Increasing Use of Electronic Circuits to Boost the Non-Linear Resistors Market
The non-linear resistors market worldwide is expected to grow with a CAGR of 6.5% during the forecast period from 2021 to 2029
Non-linear resistors market worldwide is witnessing tremendous growth since the past few years with growth in electronic circuits market. The major use of electronic circuits in consumer electronics products driving the growth for the market. Non-Linear resistors have various benefits such as compact size, stability, good tolerance and effective in reducing heat dissipation.
The growing demand for electronic circuits in various industries such as consumer electronics, automotive and others helps the non-linear resistors market to grow. Due to all these factors, we are expecting huge growth in non-linear resistors market during the forecast period.
Electronic Circuits to Continue Dominating the Market
In 2020, the electronic circuits segment contributing to over 60% of the total revenue generated worldwide led the overall non-linear resistors market. The electronic circuit is composed of various components such as resistors, transistors, inductors, capacitors, conductive wires or traces and others. The electronic circuits segment is growing due to wide application of electronic circuits in consumer electronic products.
Other than consumer electronic products, electronic circuits have wide application in other products also such as renewable energy sectors, automotive products and others. As a result of all these factors, electronic circuits will continue dominating the market throughout the forecast period.
Asia Pacific to Register the Fastest Growth
Non-linear resistors market is led by Asia Pacific. In 2020, the regional market accounted for nearly 30% of the total revenue generated worldwide. The market here primarily backed by China and India having high spending on electronics products as well as huge consumer base.
Asia Pacific is set to register the highest growth in the market during the forecast period. Rapidly growing disposable income, growth in adopting technology and increasing demand for consumer electronics products in the region are the major factors supporting the growth of the market. On account of these factors, Asia Pacific will grow with the highest CAGR throughout the forecast period.
Some of the prominent players operating in the non-linear 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.
Key Topics Covered:
Chapter 1 Preface
Chapter 2 Executive Summary
2.1 Market Snapshot: Global NLR Market
Chapter 3 Market Dynamics
3.2 Market Dynamics
3.3 Attractive Investment Proposition, by Geography, 2020
3.4 Market Positioning of Key NLR Vendors, 2020
Chapter 4 Global Non-Linear Resistors (NLR) Market, by Product Type
4.1.1 Global NLR Market Value Share, by Product Type, 2020 & 2029 (Value, %)
4.2 Voltage-Dependent Resistor
4.2.1 Global Voltage-Dependent Resistor Market Value, 2019 - 2029 (US$ Mn)
4.3 Positive Temperature Coefficient Thermistors
4.4 Negative Temperature Coefficient Thermistors
4.5 Light-Dependent Resistor
Chapter 5 Global Non-Linear Resistors (NLR) Market, by Application
5.1.1 Global NLR Market Value Share, by Application, 2020 & 2029 (Value, %)
5.2 Electrical Networks
5.3 Electronic Circuits
Chapter 6 North America Non-Linear Resistors (NLR) Market Analysis, 2019 - 2029 (US$ Mn)
6.2 North America NLR Market Analysis, by Product Type, 2019 - 2029 (US$ Mn)
6.3 North America NLR Market Analysis, by Application, 2019 - 2029 (US$ Mn)
6.4 North America NLR Market, by Country, 2019 - 2029 (US$ Mn)
6.4.1 Market Analysis
6.4.3 Rest of North America
Chapter 7 Europe Non-Linear Resistors (NLR) Market Analysis, 2019 - 2029 (US$ Mn)
Chapter 8 Asia Pacific Non-Linear Resistors (NLR) Market Analysis, 2019 - 2029 (US$ Mn)
Chapter 9 Rest of the World (RoW) Non-Linear Resistors (NLR) Market Analysis, 2019 - 2029 (US$ Mn)
Chapter 10 Company Profiles
Vishay Intertechnology Inc.
TT Electronics Plc
Queen Mao Electronic Co. Ltd.
KOA Speer Electronics Inc
Ohmite Manufacturing Company
For more information about this report visit https://www.researchandmarkets.com/r/ecjolh
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