Market Reports Center One Stop Market Reaserch Shop Electrical Resistor Market Analysis, Share and Size, Emerging Trends, Overview and Outlook, Growth And Segment Forecasts To 2020 Technavio Announces the Publication of its Research Report – Global Electrical Resistors Market 20162020 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-electricalresistor-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.” Market Reports Center One Stop Market Reaserch Shop 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, tramtrains, 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 squirrel cage motors and modern drives. Therefore, the growth of rail systems worldwide such as metro rail infrastructure will boost the demand for electrical resistors. Further, the report states that fluctuating raw material prices will be a challenge against the market growth. The raw materials that go into electrical resistor manufacturing include nickel, copper, aluminum, and zinc. In the period 2010-2014, fluctuations in the prices of these raw materials affected the profit margins of manufacturers and vendors significantly. Raw materials such as copper and aluminum are affected due to price fluctuations when supply does not align with demand, resulting in differing manufacturing cost. Therefore, vendors are forced to pass on the higher prices to consumers, hampering the demand for the product. The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors. Request A Sample copy of This Report @ https://marketreportscenter.com/request-sample/349536 About Electrical Resistors 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. 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 endusers such as power supplies, power transmission and distribution, drives and inverters, and motors. Market Reports Center One Stop Market Reaserch Shop 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 indepth 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. To Get Discount On The Report @ https://marketreportscenter.com/request-discount/349536 Connect for more details: Sam Collins Market Reports Center 1-646-883-3044 (US) [email protected]
The report covers the present scenario and the growth prospects of the global electrical resistor market for 2016-2020.
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