Market Overview:
The global industrial rotary 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 heavy engineering equipment, automobiles, and ship propulsion systems across the globe. Additionally, the growing trend of miniaturization is also expected to fuel the demand for industrial rotary potentiometers in various applications over the forecast period. On the basis of type, wound potentiometer accounted for a major share ofthe global industrial rotary potentiometers market in 2017.
Product Definition:
industrial rotary potentiometers are devices used to control the output of an electronic circuit. They allow for precise adjustment of a signal, which can be important in many industrial applications.
Wound Potentiometer:
Wound potentiometer is a device used to measure the electrical resistance of a wound. It works on the principle as any other potentiometer, except that it is specially designed for measuring the electrical resistance of open wounds. The normal skin has an overall range of 0-10?ohm; however, in case of injuries or surgeries this value can be altered and can go up to 100?ohms.
The most common types of injuries are burns.
Conductive Plastic Potentiometer:
Conductive plastic potentiometer is a new type of rotary potentiometer that uses the principle of conductive plastics to achieve high accuracy and reliability. It has many advantages over conventional rotary pot, such as it can be used in harsh environments, it is smaller in size & lighter weight which makes it easier to handle & store, and most important of all; its price is much lower than conventional types.
Application Insights:
The heavy engineering segment dominated the global industry with a revenue share of over 30.0% in 2017. The growth can be attributed to the rising demand for rotary potentiometers in various applications such as engine control, valve actuation and transmission systems among others. Engine control is one of the key application areas where rotary potentiometers are used due to their features such as high accuracy, long life and wide temperature range which makes them suitable for use in critical applications related to vehicle safety and performance enhancement.
Automobile is another major application area where RYK type pots are used on account of its features such as compact size, low power consumption & high-precision manufacturing process among others which make it an ideal solution for automotive electronics development & production line testing purposes respectively.
Regional Analysis:
Asia Pacific dominated the global market in 2017 and is expected to continue its dominance over the forecast period. The region is home to several emerging economies, including China, India, and Japan. These countries are making steady progress toward industrialization at a rapid pace. This has resulted in an increasing demand for industrial rotary potentiometers across various application sectors across Asia Pacific region.
Europe accounted for more than 20% of the total revenue share in 2017 owing to high demand from ship propulsion system applications sector mainly within Germany and U.K., which are among the major contributors of automotive production globally along with France and Italy respectively as per 2016 stats by OICA (Organization Internationale des Constructeurs d'Automobiles).
Growth Factors:
- Increasing demand from the automotive industry for rotary potentiometers in applications such as cruise control, power steering, and brake systems.
- Growing demand for industrial rotary potentiometers in Asia Pacific due to the increasing number of industrial and manufacturing facilities in the region.
- Rising popularity of position sensors that use rotary potentiometers as a sensing element, which is expected to drive market growth over the next few years.
- Increasing adoption of industrial automation across various industries, which is resulting in an increase in demand for precision motion control components such as rotary potentiometers.
Scope Of The Report
Report Attributes
Report Details
Report Title
Industrial Rotary Potentiometers Market Research Report
By Type
Wound Potentiometer, Conductive Plastic Potentiometer, Carbon Potentiometer
By Application
Heavy Engineering, Automobile, Ship Propulsion System
By Companies
CTS Corporation, Giovenzana, Ohmite, Panasonic, TE Connectivity, Novotechnik, Curtiss-Wright, Honeywell, Bourns Inc
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
144
Number of Tables & Figures
101
Customization Available
Yes, the report can be customized as per your need.
Global Industrial Rotary Potentiometers Market Report Segments:
The global Industrial Rotary Potentiometers market is segmented on the basis of:
Types
Wound Potentiometer, Conductive Plastic Potentiometer, Carbon Potentiometer
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
Heavy Engineering, Automobile, Ship Propulsion System
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:
- CTS Corporation
- Giovenzana
- Ohmite
- Panasonic
- TE Connectivity
- Novotechnik
- Curtiss-Wright
- Honeywell
- Bourns Inc
Highlights of The Industrial Rotary 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:
- Wound Potentiometer
- Conductive Plastic Potentiometer
- Carbon Potentiometer
- By Application:
- Heavy Engineering
- Automobile
- Ship Propulsion System
- 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 Rotary 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
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer 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 rotary potentiometers are used in industrial and scientific applications to measure or control the output of a device. They are also used as sensors for measuring angular position, linear displacement, or torque.
Some of the major companies in the industrial rotary potentiometers market are CTS Corporation, Giovenzana, Ohmite, Panasonic, TE Connectivity, Novotechnik, Curtiss-Wright, Honeywell, Bourns Inc.
The industrial rotary potentiometers market is expected to grow at a compound annual growth rate of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Industrial Rotary 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 Rotary Potentiometers Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Industrial Rotary 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 Rotary 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 Rotary Potentiometers Market Size & Forecast, 2018-2028
4.5.1 Industrial Rotary Potentiometers Market Size and Y-o-Y Growth
4.5.2 Industrial Rotary Potentiometers Market Absolute $ Opportunity
Chapter 5 Global Industrial Rotary Potentiometers 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 Industrial Rotary Potentiometers Market Size Forecast by Type
5.2.1 Wound Potentiometer
5.2.2 Conductive Plastic Potentiometer
5.2.3 Carbon Potentiometer
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Industrial Rotary Potentiometers 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 Industrial Rotary Potentiometers Market Size Forecast by Applications
6.2.1 Heavy Engineering
6.2.2 Automobile
6.2.3 Ship Propulsion System
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Industrial Rotary 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 Rotary 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 Industrial Rotary Potentiometers Analysis and Forecast
9.1 Introduction
9.2 North America Industrial Rotary Potentiometers 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 Industrial Rotary Potentiometers Market Size Forecast by Type
9.6.1 Wound Potentiometer
9.6.2 Conductive Plastic Potentiometer
9.6.3 Carbon Potentiometer
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 Industrial Rotary Potentiometers Market Size Forecast by Applications
9.10.1 Heavy Engineering
9.10.2 Automobile
9.10.3 Ship Propulsion System
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 Industrial Rotary Potentiometers Analysis and Forecast
10.1 Introduction
10.2 Europe Industrial Rotary Potentiometers 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 Industrial Rotary Potentiometers Market Size Forecast by Type
10.6.1 Wound Potentiometer
10.6.2 Conductive Plastic Potentiometer
10.6.3 Carbon Potentiometer
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 Industrial Rotary Potentiometers Market Size Forecast by Applications
10.10.1 Heavy Engineering
10.10.2 Automobile
10.10.3 Ship Propulsion System
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 Industrial Rotary Potentiometers Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Industrial Rotary Potentiometers 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 Industrial Rotary Potentiometers Market Size Forecast by Type
11.6.1 Wound Potentiometer
11.6.2 Conductive Plastic Potentiometer
11.6.3 Carbon Potentiometer
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 Industrial Rotary Potentiometers Market Size Forecast by Applications
11.10.1 Heavy Engineering
11.10.2 Automobile
11.10.3 Ship Propulsion System
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 Industrial Rotary Potentiometers Analysis and Forecast
12.1 Introduction
12.2 Latin America Industrial Rotary Potentiometers 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 Industrial Rotary Potentiometers Market Size Forecast by Type
12.6.1 Wound Potentiometer
12.6.2 Conductive Plastic Potentiometer
12.6.3 Carbon Potentiometer
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 Industrial Rotary Potentiometers Market Size Forecast by Applications
12.10.1 Heavy Engineering
12.10.2 Automobile
12.10.3 Ship Propulsion System
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) Industrial Rotary Potentiometers Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Industrial Rotary Potentiometers 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) Industrial Rotary Potentiometers Market Size Forecast by Type
13.6.1 Wound Potentiometer
13.6.2 Conductive Plastic Potentiometer
13.6.3 Carbon Potentiometer
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) Industrial Rotary Potentiometers Market Size Forecast by Applications
13.10.1 Heavy Engineering
13.10.2 Automobile
13.10.3 Ship Propulsion System
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 Rotary Potentiometers Market: Competitive Dashboard
14.2 Global Industrial Rotary Potentiometers Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 CTS Corporation
14.3.2 Giovenzana
14.3.3 Ohmite
14.3.4 Panasonic
14.3.5 TE Connectivity
14.3.6 Novotechnik
14.3.7 Curtiss-Wright
14.3.8 Honeywell
14.3.9 Bourns Inc
