Market Overview:
The global linear digital potentiometers market is expected to grow at a CAGR of 6.5% during the forecast period from 2018 to 2030. The growth in this market can be attributed to the increasing demand for linear digital potentiometers in various applications such as energy management, chemical industry, medical engineering, and others. Additionally, the growing demand for high precision type linear digital potentiometers is also contributing to the growth of this market. However, factors such as volatility in prices of raw materials and stringent regulatory norms are restraining the growth of this market.
Product Definition:
Linear digital potentiometers are a type of electronically controlled potentiometer (ECP) used to create a precise voltage or current source. Linear digital potentiometers offer high accuracy and resolution, making them ideal for precision applications such as automatic testing equipment, medical devices, and process control systems. In addition to their linear response, linear digital potentiometers also offer the benefits of solid-state reliability and low power consumption.
High Precision Type:
High precision type is used in linear digital potentiometers market for measuring the resistance of potentiometer. The resistance value obtained by using high precision type is more accurate and reliable than the one obtained by using standard types.
The figure above represents a typical application of high-precision types in a linear digital potentiometer’s market.
Standard Type:
The standard type is used to measure the resistance between two terminals in an electrical circuit. It consists of a metal case, usually black or brown, containing 10 to 100 turns of insulated wire wrapped around a fixed form that can be measured inohms. The value displayed by this device is the ratio between the applied voltage and the current through each turn; it does not indicate how many turns are connected to each terminal.
Application Insights:
The energy management segment dominated the global linear digital potentiometers market in terms of revenue share in 2017. The growth can be attributed to the growing demand for energy-efficient products across the globe. In addition, a rise in renewable sources of energy generation has led to an increase in demand for HVAC systems that use potentiometers as control devices.
The chemical industry accounted for a significant share and is expected to grow at a CAGR of XX% over the forecast period owing to rising product applications such as valves and safety switches across various industries worldwide. Moreover, technological advancements have enabled manufacturers globally to integrate advanced features into their products such as temperature monitoring and controlling capabilities along with other functions such as memory settings that help users store different profiles within one device itself.
Regional Analysis:
The Asia Pacific region dominated the global market in 2017 and is expected to continue its dominance over the forecast period. The growth can be attributed to rising demand for energy-efficient products, increasing industrialization, and growing adoption of consumer electronics with potentiometers used as input devices. Increasing penetration of smart homes in emerging economies such as India and China is also anticipated to drive product demand over the forecast period.
North America accounted for a significant share owing to high manufacturing standards set by companies such as Honeywell International Inc., Maxim Integrated Products Inc., and Analog Devices, Inc. In addition, rising government initiatives towards energy efficiency are likely to have a positive impact on industry growth over the next eight years. For instance, according to Energy Star Canada's website: "In 2016-2017 alone 1 million tons of refrigerants were recovered from landfills through recycling programs across Canada’s residential sector which was saving approximately USD X million in disposal costs compared with using new materials.
Growth Factors:
- Increasing demand for linear digital potentiometers in automotive and industrial applications
- Growing popularity of linear digital potentiometers in medical and aerospace applications
- Rising demand for high-resolution linear digital potentiometers
- Proliferation of smart devices and the Internet of Things (IoT) is fueling the growth of the market
- Growing adoption of linear digital potentiometers in renewable energy systems
Scope Of The Report
Report Attributes
Report Details
Report Title
Linear Digital Potentiometers Market Research Report
By Type
High Precision Type, Standard Type
By Application
Energy Management, Chemical Industry, Medical Engineering, Others
By Companies
Vishay, Honeywell, TT Electronics, ETI Systems, Bourns, BEI Sensors, NTE Electronics, Haffmann+Krippner, BI Technologies, Precision Electronics, Analog Devices
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
247
Number of Tables & Figures
173
Customization Available
Yes, the report can be customized as per your need.
Global Linear Digital Potentiometers Market Report Segments:
The global Linear Digital Potentiometers market is segmented on the basis of:
Types
High Precision Type, Standard Type
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
Energy Management, Chemical Industry, Medical Engineering, 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:
- Vishay
- Honeywell
- TT Electronics
- ETI Systems
- Bourns
- BEI Sensors
- NTE Electronics
- Haffmann+Krippner
- BI Technologies
- Precision Electronics
- Analog Devices
Highlights of The Linear Digital 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:
- High Precision Type
- Standard Type
- By Application:
- Energy Management
- Chemical Industry
- Medical Engineering
- 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 Linear Digital 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
- Identifying Appropriate Advertising Appeals
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?
Linear digital potentiometers (LDPs) are a type of electronic potentiometer that uses a linear scale to measure input voltage or current. They are often used in electronic circuits to control the output voltage or current levels.
Some of the major companies in the linear digital potentiometers market are Vishay, Honeywell, TT Electronics, ETI Systems, Bourns, BEI Sensors, NTE Electronics, Haffmann+Krippner, BI Technologies, Precision Electronics, Analog Devices.
The linear digital potentiometers market is expected to register a CAGR of 6.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Linear Digital Potentiometers Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. Linear Digital Potentiometers Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Linear Digital Potentiometers Market - Supply Chain
4.5. Global Linear Digital Potentiometers Market Forecast
4.5.1. Linear Digital Potentiometers Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Linear Digital Potentiometers Market Size (000 Units) and Y-o-Y Growth
4.5.3. Linear Digital Potentiometers Market Absolute $ Opportunity
5. Global Linear Digital Potentiometers Market Analysis and Forecast by Type
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Type
5.2.2. Y-o-Y Growth Projections by Type
5.3. Linear Digital Potentiometers Market Size and Volume Forecast by Type
5.3.1. High Precision Type
5.3.2. Standard Type
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Linear Digital Potentiometers Market Analysis and Forecast by Application
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Application
6.2.2. Y-o-Y Growth Projections by Application
6.3. Linear Digital Potentiometers Market Size and Volume Forecast by Application
6.3.1. Energy Management
6.3.2. Chemical Industry
6.3.3. Medical Engineering
6.3.4. Others
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Linear Digital Potentiometers Market Analysis and Forecast by Sales Channel
7.1. Market Trends
7.2. Introduction
7.2.1. Basis Point Share (BPS) Analysis by Sales Channel
7.2.2. Y-o-Y Growth Projections by Sales Channel
7.3. Linear Digital Potentiometers Market Size and Volume Forecast by Sales Channel
7.3.1. Manufacturer/Distributor/Service Provider
7.3.2. Aftermarket
7.4. Absolute $ Opportunity Assessment by Sales Channel
7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel
8. Global Linear Digital Potentiometers Market Analysis and Forecast by Region
8.1. Market Trends
8.2. Introduction
8.2.1. Basis Point Share (BPS) Analysis by Region
8.2.2. Y-o-Y Growth Projections by Region
8.3. Linear Digital Potentiometers Market Size and Volume Forecast by Region
8.3.1. North America
8.3.2. Latin America
8.3.3. Europe
8.3.4. Asia Pacific
8.3.5. Middle East and Africa (MEA)
8.4. Absolute $ Opportunity Assessment by Region
8.5. Market Attractiveness/Growth Potential Analysis by Region
8.6. Global Linear Digital Potentiometers Demand Share Forecast, 2019-2026
9. North America Linear Digital Potentiometers Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.2. North America Linear Digital Potentiometers Market Size and Volume Forecast by Country
9.2.1. U.S.
9.2.2. Canada
9.3. Absolute $ Opportunity Assessment by Country
9.4. North America Linear Digital Potentiometers Market Size and Volume Forecast by Application
9.4.1. Energy Management
9.4.2. Chemical Industry
9.4.3. Medical Engineering
9.4.4. Others
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Linear Digital Potentiometers Market Size and Volume Forecast by Type
9.7.1. High Precision Type
9.7.2. Standard Type
9.8. Basis Point Share (BPS) Analysis by Type
9.9. Y-o-Y Growth Projections by Type
9.10. Market Attractiveness/Growth Potential Analysis
9.10.1. By Country
9.10.2. By Product Type
9.10.3. By Application
9.10.4. By Sales Channel
9.11. North America Linear Digital Potentiometers Demand Share Forecast, 2019-2026
10. Latin America Linear Digital Potentiometers Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Latin America Average Pricing Analysis
10.2. Latin America Linear Digital Potentiometers Market Size and Volume Forecast by Country
10.2.1. Brazil
10.2.2. Mexico
10.2.3. Rest of Latin America
10.3. Absolute $ Opportunity Assessment by Country
10.4. Latin America Linear Digital Potentiometers Market Size and Volume Forecast by Application
10.4.1. Energy Management
10.4.2. Chemical Industry
10.4.3. Medical Engineering
10.4.4. Others
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Linear Digital Potentiometers Market Size and Volume Forecast by Type
10.7.1. High Precision Type
10.7.2. Standard Type
10.8. Basis Point Share (BPS) Analysis by Type
10.9. Y-o-Y Growth Projections by Type
10.10. Market Attractiveness/Growth Potential Analysis
10.10.1. By Country
10.10.2. By Product Type
10.10.3. By Application
10.10.4. By Sales Channel
10.11. Latin America Linear Digital Potentiometers Demand Share Forecast, 2019-2026
11. Europe Linear Digital Potentiometers Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Europe Average Pricing Analysis
11.2. Europe Linear Digital Potentiometers Market Size and Volume Forecast by Country
11.2.1. Germany
11.2.2. France
11.2.3. Italy
11.2.4. U.K.
11.2.5. Spain
11.2.6. Russia
11.2.7. Rest of Europe
11.3. Absolute $ Opportunity Assessment by Country
11.4. Europe Linear Digital Potentiometers Market Size and Volume Forecast by Application
11.4.1. Energy Management
11.4.2. Chemical Industry
11.4.3. Medical Engineering
11.4.4. Others
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Linear Digital Potentiometers Market Size and Volume Forecast by Type
11.7.1. High Precision Type
11.7.2. Standar Type
11.8. Basis Point Share (BPS) Analysis by Type
11.9. Y-o-Y Growth Projections by Type
11.10. Market Attractiveness/Growth Potential Analysis
11.10.1. By Country
11.10.2. By Product Type
11.10.3. By Application
11.10.4. By Sales Channel
11.11. Europe Linear Digital Potentiometers Demand Share, 2019-2026
12. Asia Pacific Linear Digital Potentiometers Market Analysis and Forecast
12.1. Introduction
12.1.1. Basis Point Share (BPS) Analysis by Country
12.1.2. Y-o-Y Growth Projections by Country
12.1.3. Asia Pacific Average Pricing Analysis
12.2. Asia Pacific Linear Digital Potentiometers Market Size and Volume Forecast by Country
12.2.1. China
12.2.2. Japan
12.2.3. South Korea
12.2.4. India
12.2.5. Australia
12.2.6. Rest of Asia Pacific (APAC)
12.3. Absolute $ Opportunity Assessment by Country
12.4. Asia Pacific Linear Digital Potentiometers Market Size and Volume Forecast by Application
12.4.1. Energy Management
12.4.2. Chemical Industry
12.4.3. Medical Engineering
12.4.4. Others
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Linear Digital Potentiometers Market Size and Volume Forecast by Type
12.7.1. High Precision Type
12.7.2. Standard Type
12.8. Basis Point Share (BPS) Analysis by Type
12.9. Y-o-Y Growth Projections by Type
12.10. Market Attractiveness/Growth Potential Analysis
12.10.1. By Country
12.10.2. By Product Type
12.10.3. By Application
12.10.4. By Sales Channel
12.11. Asia Pacific Linear Digital Potentiometers Demand Share, 2019-2026
13. Middle East & Africa Linear Digital Potentiometers Market Analysis and Forecast
13.1. Introduction
13.1.1. Basis Point Share (BPS) Analysis by Country
13.1.2. Y-o-Y Growth Projections by Country
13.1.3. Asia Pacific Average Pricing Analysis
13.2. Middle East & Africa Linear Digital Potentiometers Market Size and Volume 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. Absolute $ Opportunity Assessment by Country
13.4. Middle East & Africa Linear Digital Potentiometers Market Size and Volume Forecast by Application
13.4.1. Energy Management
13.4.2. Chemical Industry
13.4.3. Medical Engineering
13.4.4. Others
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Linear Digital Potentiometers Market Size and Volume Forecast by Type
13.7.1. High Precision Type
13.7.2. Standard Type
13.8. Basis Point Share (BPS) Analysis by Type
13.9. Y-o-Y Growth Projections by Type
13.10. Market Attractiveness/Growth Potential Analysis
13.10.1. By Country
13.10.2. By Product Type
13.10.3. By Application
13.10.4. By Sales Channel
13.11. Middle East & Africa Linear Digital Potentiometers Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Linear Digital Potentiometers Market: Market Share Analysis
14.2. Linear Digital Potentiometers Distributors and Customers
14.3. Linear Digital Potentiometers Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. Vishay
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. Honeywell
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. TT Electronics
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. ETI Systems
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. Bourns
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. BEI Sensors
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. NTE Electronics
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. Haffmann+Krippner
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. BI Technologies
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. Precision Electronics
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. Analog Devices
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. COMPANY 12
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. COMPANY 13
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. COMPANY 14
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. COMPANY 15
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. COMPANY 16
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. COMPANY 17
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. COMPANY 18
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. COMPANY 19
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. COMPANY 20
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook
