Europe Current Sampling Resistance Market Forecast to 2028 - COVID-19 Impact and Regional Analysis By Type (Thick Film, Thin Film, and Metal Plate) and Application (Consumer Devices, Industrial, Telecommunication, Automotive, and Other Applications)

Industrial Segment to Dominate Europe Current Sampling Resistance Market During 2021-2028

According to a new market research study on “Europe Current Sampling Resistance Market to 2028 - COVID-19 Impact and Regional Analysis and Forecast by Type and Application” is expected to reach US$ 750.78 million by 2028 from US$ 542.58 million in 2021. The market is estimated to grow at a CAGR of 4.7% from 2021 to 2028. The report provides trends prevailing in the Europe current sampling resistance market along with the drivers and restraints pertaining to the market growth. Rising prevalence’s of electric cars and increasing production of consumer electronics are the major factor driving the growth of the Europe current sampling resistance market. However, less accuracy over a high current range hinders the growth of Europe current sampling resistance market.

In case of COVID-19, Europe is highly affected specially the UK. In Europe, the COVID-19 pandemic has a different impact on different countries, as only selective countries have witnessed the rise in the number of cases and subsequently attracted strict, as well as prolonged, lockdown periods or social isolation norms. However, Western European countries such as Germany, France, Russia, and the UK have seen a comparatively modest decrease in their growth activities because of their strong healthcare systems. These countries have been investing significantly to make the diagnosis and treatment of the disease more effective and less time-consuming. Despite the fact that Europe is in a state of emergency, many nations are beginning to see the light at the end of the tunnel. Traditional corporate frameworks have been swiftly replaced by more innovative business concepts. Despite the fact that everything is unlikely to return to normal very soon, the electronic industry is projected to rebound quickly.

The Europe current sampling resistance market has been analyzed based on type, application, and country. Based on type, the market is segmented into thick film, thin film, and metal plate. The thick film segment dominated the Europe current sampling resistance market in 2020 and metal plate segment is expected to be fastest growing during forecast period. Based on application, the market is segmented into consumer devices, industrial, telecommunication, automotive, and other applications. The industrial segment dominated the Europe current sampling resistance market in 2020 and consumer devices segment is expected to be fastest growing during forecast period.

Cyntec Co. Ltd.; KOA Speer Electronics, Inc.; Panasonic Corporation; ROHM CO. LTD.; Samsung Electro-Mechanics Co, Ltd.; Susumu Co. Ltd; TT Electronics; Viking Tech Corporation; and Vishay Intertechnology, Inc. are among the leading companies in the Europe current sampling resistance market. The companies are focused on adopting organic growth strategies such as product launches and expansions to sustain their position in the dynamic market. For instance, in 20220, ROHM had announced the availability of shunt resistors, GMR50 series, delivering industry-leading 4W rated power (at electrode temperature TK=90°C) in the compact 5.0mm×2.5mm (2010 type package) size. It is ideal for current detection in motors and power supply circuits used in automotive systems and industrial equipment.

The report segments the Europe Current Sampling Resistance Market as follows:

Europe Current Sampling Resistance Market - By Type

• Thick Film
• Thin Film
• Metal Plate

Europe Current Sampling Resistance Market - By Application

• Consumer Devices
• Industrial
• Telecommunication
• Automotive
• Other Applications

Europe Current Sampling Resistance Market - By Country

• Germany
• France
• Italy
• UK
• Russia
• Rest of Europe

Reasons to buy:

• Save and reduce time carrying out entry-level research by identifying the growth, size, leading players and segments in the Europe current sampling resistance market
• Highlights key business priorities in order to assist companies to realign their business strategies
• The key findings and recommendations highlight crucial progressive industry trends in Europe current sampling resistance market, thereby allowing players across the value chain to develop effective long-term strategies
• Develop/modify business expansion plans by using substantial growth offering developed and emerging markets
• Scrutinize in-depth Europe market trends and outlook coupled with the factors driving the current sampling resistance market, as well as those hindering it
• Enhance the decision-making process by understanding the strategies that underpin commercial interest with respect to client products, segmentation, pricing and distribution