Market Overview:
The global industrial panel controls potentiometers market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The growth in this market can be attributed to the increasing demand for industrial automation and rising adoption of smart technologies across different industries. In terms of type, the wirewound segment is expected to hold the largest share in the global industrial panel controls potentiometers market during the forecast period. This can be attributed to its high accuracy and reliability as compared to other types of potentiometers available in the market. In terms of application, commercial applications are expected to account for a major share in this market during the forecast period owing to their growing demand across different industries such as automotive, aerospace & defense, and consumer electronics among others.
Product Definition:
A potentiometer is a three-terminal resistor with a sliding or rotating contact that forms an adjustable voltage divider. If only two terminals are used, one end and the wiper, it acts as a variable resistor or rheostat. The term "potentiometer" is derived from the name for the early battery-powered radios "potentiometers" used to adjust the volume of the radio signal.
Wirewound:
Wirewound, it's usage.
The global wirewound potentiometer market size was valued at USD 1.6 billion in 2015 and is expected to witness significant growth over the forecast period owing to its increasing demand across various industries including automotive, aerospace & defense, consumer electronics, etc.
Carbon Film:
Carbon film is a thin layer of carbon atoms that forms on the glass surface when exposed to air. The primary function of carbon film in potentiometers is to provide electrical resistance. However, it also has some other functions such as providing lubrication and offering adhesion for the paint or coating layer. It also provides an insulating barrier between adjacent glass layers and helps in preventing corrosion due to moisture or water vapor present around the device’s terminals or leads.
Application Insights:
The industrial applications segment dominated the global industry panel controls potentiometers market in 2017, accounting for a share of over 60.0% in terms of revenue. The growth can be attributed to the rising demand from various industries such as oil & gas, chemical, food & beverage and pulp and paper for controlling processes such as heating, cooling water circulation and grinding at plant level.
The scientific applications segment is expected to witness significant growth over the forecast period owing to increasing R&D activities across several industries worldwide. For instance, semiconductor manufacturing companies use potentiometers for critical process control needs while designing their products globally since they are highly reliable and offer precise value adjustment capabilities during manufacturing operations at different levels including wafer level up until product level which includes packaging materials along with it being used as an input device or output device by using its digital or analog output signals respectively.
Regional Analysis:
Asia Pacific dominated the global industry panel potentiometers market in terms of revenue with a share of over 38% in 2017. This is attributed to the presence of key players such as NED Display Solutions Pvt. Ltd., LG Electronics Inc., and Samsung Electro-Mechanics Co., Ltd. The region is expected to continue its dominance over the forecast period as well owing to increasing demand from end-use industries for industrial automation solutions, especially in China and India.
The Asia Pacific regional market witnessed significant growth due to rising investments by governments across various countries for establishing smart cities initiatives, which will include smart infrastructure such as intelligent transportation system (ITS), smart energy system,.
Growth Factors:
- Increasing demand from the automotive industry for panel controls potentiometers
- Growing demand for industrial automation and control systems
- Rising popularity of smart technologies and IoT-enabled devices
- Proliferation of new applications for panel controls potentiometers in various industries
- Technological advancements in the design and manufacturing of potentiometers
Scope Of The Report
Report Attributes
Report Details
Report Title
Industrial Panel Controls Potentiometers Market Research Report
By Type
Wirewound, Carbon Film, Metal Film
By Application
Commercial Applications, Industrial Applications, Scientific Applications, Others
By Companies
TE Connectivity, TT Electronics, CTS, Bourns, Sensata, Alpha, Dacell
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
213
Number of Tables & Figures
150
Customization Available
Yes, the report can be customized as per your need.
Global Industrial Panel Controls Potentiometers Market Report Segments:
The global Industrial Panel Controls Potentiometers market is segmented on the basis of:
Types
Wirewound, Carbon Film, Metal Film
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Commercial Applications, Industrial Applications, Scientific Applications, Others
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- TE Connectivity
- TT Electronics
- CTS
- Bourns
- Sensata
- Alpha
- Dacell
Highlights of The Industrial Panel Controls Potentiometers Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Wirewound
- Carbon Film
- Metal Film
- By Application:
- Commercial Applications
- Industrial Applications
- Scientific Applications
- Others
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Industrial Panel Controls Potentiometers Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
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- Consumer Insights
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- Product & Brand Management
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Industrial Panel Controls Potentiometers are used to adjust the output of an industrial control system. They are made from a variety of materials, including metal and plastic, and can be mounted on a panel or stand. They typically have three terminals that allow them to be connected to other components in the system, and they often have adjustable ranges so that they can be set to specific values.
Some of the major companies in the industrial panel controls potentiometers market are TE Connectivity, TT Electronics, CTS, Bourns, Sensata, Alpha, Dacell.
The industrial panel controls potentiometers market is expected to register a CAGR of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Industrial Panel Controls Potentiometers Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Industrial Panel Controls Potentiometers Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Industrial Panel Controls Potentiometers Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Industrial Panel Controls Potentiometers Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Industrial Panel Controls Potentiometers Market Size & Forecast, 2020-2028
4.5.1 Industrial Panel Controls Potentiometers Market Size and Y-o-Y Growth
4.5.2 Industrial Panel Controls Potentiometers Market Absolute $ Opportunity
Chapter 5 Global Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Market Size Forecast by Type
5.2.1 Wirewound
5.2.2 Carbon Film
5.2.3 Metal Film
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Market Size Forecast by Applications
6.2.1 Commercial Applications
6.2.2 Industrial Applications
6.2.3 Scientific Applications
6.2.4 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Industrial Panel Controls Potentiometers Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Industrial Panel Controls Potentiometers Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Analysis and Forecast
9.1 Introduction
9.2 North America Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Market Size Forecast by Type
9.6.1 Wirewound
9.6.2 Carbon Film
9.6.3 Metal Film
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Market Size Forecast by Applications
9.10.1 Commercial Applications
9.10.2 Industrial Applications
9.10.3 Scientific Applications
9.10.4 Others
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Analysis and Forecast
10.1 Introduction
10.2 Europe Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Market Size Forecast by Type
10.6.1 Wirewound
10.6.2 Carbon Film
10.6.3 Metal Film
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Market Size Forecast by Applications
10.10.1 Commercial Applications
10.10.2 Industrial Applications
10.10.3 Scientific Applications
10.10.4 Others
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Market Size Forecast by Type
11.6.1 Wirewound
11.6.2 Carbon Film
11.6.3 Metal Film
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Market Size Forecast by Applications
11.10.1 Commercial Applications
11.10.2 Industrial Applications
11.10.3 Scientific Applications
11.10.4 Others
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Analysis and Forecast
12.1 Introduction
12.2 Latin America Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Market Size Forecast by Type
12.6.1 Wirewound
12.6.2 Carbon Film
12.6.3 Metal Film
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Market Size Forecast by Applications
12.10.1 Commercial Applications
12.10.2 Industrial Applications
12.10.3 Scientific Applications
12.10.4 Others
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Market Size Forecast by Type
13.6.1 Wirewound
13.6.2 Carbon Film
13.6.3 Metal Film
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Market Size Forecast by Applications
13.10.1 Commercial Applications
13.10.2 Industrial Applications
13.10.3 Scientific Applications
13.10.4 Others
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Industrial Panel Controls Potentiometers Market: Competitive Dashboard
14.2 Global Industrial Panel Controls Potentiometers Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 TE Connectivity
14.3.2 TT Electronics
14.3.3 CTS
14.3.4 Bourns
14.3.5 Sensata
14.3.6 Alpha
14.3.7 Dacell
