According to a market report by Lucintel, the future of the global potentiometer market looks promising with opportunities in the television, computation, and medical equipment markets. The global potentiometer market is expected to reach an estimated $2.6 billion by 2030 from $1.8 billion in 2024, at a CAGR of 6.7% from 2024 to 2030. The major drivers for this market are growing use of automation in industries such as manufacturing, robotics, and process control, rising demand for electronic devices, and advances in sensor technology and the expanding adoption of Internet of Things (IoT) gadgets.
A more than 150 – page report is developed to understand Trends, opportunity and forecast in potentiometer market to 2030 by type (linear, rotary, and digital), application (television, computation, medical equipment, and others), and region (North America, Europe, Asia Pacific, and the Rest of the World).
Lucintel forecasts that rotary will remain the largest segment over the forecast period because they allow for continuous voltage adjustment in a circuit and are commonly used in applications that need accurate voltage control.
Within this market, computation will remain the largest segment.
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North America will remain the largest region over the forecast period due to the rising consumer expenditure on comfort and the introduction of innovative cars in the region.
TE onnectivity, BEI Sensors, Texas Instruments, Honeywell, Positek, Microchip Technology, Parallax, Renesas Electronics, Maxim, and Bourns are the major suppliers in the potentiometer market.
This unique research report will enable you to make confident business decisions in this globally competitive marketplace. For a detailed table of contents, contact Lucintel at +1-972-636-5056 or write us at [email protected] To get access of more than 1000 reports at fraction of cost visit Lucintel's Analytics Dashboard.
About Lucintel
At Lucintel, we offer solutions for you growth through game changer ideas and robust market & unmet needs analysis. We are based in Dallas, TX and have been a trusted advisor for 1,000+ clients for over 20 years. We are quoted in several publications like the Wall Street Journal, ZACKS, and the Financial Times.
Contact:
Roy Almaguer
Lucintel
Dallas, Texas, USA
Email: [email protected]
Tel. +1 972.636.5056
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