Shunt Resistor Market Forecast & Analysis 2025-2032

[Amisha]

A shunt resistor is a high-precision, low-resistance electrical component used to measure the current flowing through a circuit. By creating an alternate path for a portion of the current, it enables accurate current measurement using Ohm’s law. Shunt resistors are critical in various applications, including power supplies, battery management systems, motor control circuits, and industrial automation systems. Their increasing demand across multiple industries highlights their essential role in precision electronics.

Market Size

Report Sample includes:
- Table of Contents
- List of Tables & Figures
- Charts
- Research Methodology


Get FREE Sample of this Report at https://www.intelmarketresearch.com/download-free-sample/581/shunt-resistor-market-research-report


The global shunt resistor market was valued at USD 1,194.33 million in 2023 and is projected to reach USD 1,426.09 million by 2029, growing at a CAGR of 3.00%. The rising demand for precision current measurement, advancements in electronic components, and increasing adoption in electric vehicles (EVs) and industrial automation are key factors driving this market’s growth. The Asia-Pacific region, particularly China, is a major producer and consumer of shunt resistors, holding over 52% of the global market share.

 
Competitor Analysis

The global shunt resistor market is dominated by key players such as:

• Rohm Semiconductor
• Yageo
• Murata
• Vishay
• Delta Electronics (Cyntec)
• Isabellenhütte
• KOA Corporation

Key Strategies of Market Leaders:

• Product Innovation: Introduction of high-power, surface-mount shunt resistors.
• Strategic Partnerships and Acquisitions: Companies are expanding their reach through mergers and collaborations.
• Expansion into Emerging Markets: Players are targeting Asia-Pacific and Latin America for growth opportunities.

Market Segmentation (by Application)

• Automotive: EV battery management, motor control.
• Ammeter: Precision current measurement devices.
• Communication: Telecommunications equipment.
• Consumer Electronics: Smart devices, wearables.
• Power Supplies: Industrial power management.
• Others: Aerospace, medical devices.

Market Segmentation (by Type)

• Wirewound Shunt Resistors
• Metal Foil Shunt Resistors
• Thick Film Shunt Resistors
• Thin Film Shunt Resistors
• Others


Get FREE Sample of this Report at https://www.intelmarketresearch.com/download-free-sample/581/shunt-resistor-market-research-report


Key Companies

The report highlights major companies involved in the market, their revenue, market share, and business strategies, providing a comprehensive competitive landscape analysis.

Geographic Segmentation

• North America (USA, Canada, Mexico)
• Europe (Germany, UK, France, Italy, Rest of Europe)
• Asia-Pacific (China, Japan, India, Southeast Asia, Rest of Asia-Pacific)
• South America (Brazil, Argentina, Rest of South America)
• Middle East & Africa (Saudi Arabia, UAE, South Africa, Rest of MEA)

Recent Developments:

1. ROHM Semiconductor Introduces High-Power Shunt Resistors

In June 2024, ROHM Semiconductor expanded its PMR100 series by adding three new shunt resistors with a rated power of 5W and ultra-low resistances of 0.5mΩ, 1.0mΩ, and 1.5mΩ. These resistors are designed for motor control and power circuits in automotive, consumer, and industrial equipment applications. They offer approximately 2.5 times higher rated power than previous 2W models, enabling the replacement of larger high-power types and contributing to greater miniaturization in various applications.

2. TT Electronics Launches LRMAK 4-Terminal Shunt Resistors

In January 2025, TT Electronics introduced the LRMAK series of 4-terminal surface-mount (SMT) shunt resistors. These resistors are designed for accurate current sensing in applications handling tens of amps, such as automotive and industrial sectors. The LRMAK series offers low resistance values down to 500µΩ and tolerances as tight as 0.5%, ensuring precise current measurements.

3. Bourns Expands Riedon™ Industrial Shunt Resistor Line

In August 2024, Bourns, Inc. expanded its line of Riedon™ Industrial Shunt Resistors by introducing six new models. These shunt resistors feature superior current handling capabilities, meeting accurate current measurement requirements in applications such as battery management systems, solar inverters, welding equipment, and power supplies. The new models are available with panel and busbar mounting options, accommodating currents from 1A to 6000A with resistance values ranging from 0.025 milliohms to 100 milliohms.

4. Littelfuse Unveils SSA Series Current Shunt Resistors

In November 2023, Littelfuse, Inc. launched the SSA Series Current Shunt Resistors, designed to meet the increasing demand for accurate current measurement in high-performance applications. These two-terminal, ultra-low resistance shunt resistors are suitable for both AC and DC circuits and are ideal for markets including automotive electronics, EV charging, large appliances, data centers, and industrial power modules. The SSA Series offers resistance ranges from 0.2 to 4.0 mΩ and power ratings up to 15W

FAQs-

Q. What is a shunt resistor, and how is it used in the semiconductor industry?

A. A shunt resistor is a high-precision, low-resistance electrical component used to measure the current flowing through a circuit by creating an alternate path for a portion of the current. In the semiconductor industry, shunt resistors are vital for applications like power supplies, battery management systems, and motor controls, enabling accurate current measurement and efficient circuit monitoring.

Q. What factors are driving the growth of the shunt resistor market?

A. The shunt resistor market growth is driven by increasing demand for precision current measurement in industries such as automotive, consumer electronics, and renewable energy. Key trends like the rise of electric vehicles, industrial automation, and miniaturization of electronic components in the semiconductor industry further propel this market’s expansion.

Q. What is the significance of SMD shunt resistors in the market?

A. SMD (Surface-Mount Device) shunt resistors are gaining popularity due to their compact size and ability to support high-precision applications in modern electronics. Their growing preference has significantly impacted the SMD shunt resistor market share, especially in sectors like telecommunications, automotive, and IoT-enabled devices.

Q. How does the shunt resistor market align with semiconductor industry trends?

A. The shunt resistor market aligns closely with semiconductor industry trends such as advancements in AI, IoT, and 5G technologies. The increasing complexity and power requirements of electronic devices demand more efficient current sensing and management, positioning shunt resistors as critical components in the semiconductor market growth and future technological innovations.


Get the Complete Report & TOC at https://www.intelmarketresearch.com/semiconductor-and-electronics/581/shunt-resistor-market-research-report

CONTACT US:
276 5th Avenue, New York , NY 10001,United States
International: [phone]
Email: [e-mail]

Follow Us On linkedin :- https://www.linkedin.com/company/intelsight-research/

About intel market research :

Established ourselves in the year 2015, Intel Market Reports is a popular market research company that provides an in-depth quantified market research report. The Purpose is to deliver effective and fruit-bearing market research reports. Our portfolio includes the list of 30+ companies belonging to the Fortune 500 list. We have achieved this milestone in less than half a decade.