Latin America Electrical Resistor Market Size & Outlook

The electrical resistor market in Latin America is expected to reach a projected revenue of US$ 718.0 million by 2030. A compound annual growth rate of 4.2% is expected of Latin America electrical resistor market from 2024 to 2030.
Revenue, 2023 (US$M)
$539.0
Forecast, 2030 (US$M)
$718.0
CAGR, 2024 - 2030
4.2%
Report Coverage
Latin America

Latin America electrical resistor market, 2018-2030 (US$M)

Latin

Latin America electrical resistor market highlights

  • The Latin America electrical resistor market generated a revenue of USD 539.0 million in 2023.
  • The market is expected to grow at a CAGR of 4.2% from 2024 to 2030.
  • In terms of segment, linear resistor was the largest revenue generating type in 2023.
  • Linear Resistor is the most lucrative type segment registering the fastest growth during the forecast period.


Latin America data book summary

Market revenue in 2023USD 539.0 million
Market revenue in 2030USD 718.0 million
Growth rate4.2% (CAGR from 2023 to 2030)
Largest segmentLinear resistor
Fastest growing segmentLinear Resistor
Historical data covered2018 - 2022
Base year for estimation2023
Forecast period covered2024 - 2030
Quantitative unitsRevenue in USD million
Market segmentationLinear Resistor
Key market players worldwideBourns, Koa Corp, Cressall Resistors, Murata Manufacturing Co Ltd, TE Connectivity Ltd, Viking Holdings Ltd, Vishay Intertechnology Inc, Yageo Corp ADR, Japan Resistor Mfg


Other key industry trends

  • In terms of revenue, Latin America region accounted for 9.2% of the global electrical resistor market in 2023.
  • Globally, Asia Pacific is projected to lead the regional market in terms of revenue in 2030.
  • Asia Pacific is the fastest growing regional market and is projected to reach USD 3,610.3 million by 2030.

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Electrical Resistor Market Scope

Electrical resistor market segmentation & scope
Linear Resistor
Fixed Resistor
Variable Resistor
Non-linear Resistor
Others
Product Type
Power Supplies
Electric Motors
Drives
Inverters
Others
Application
Power Generation
Transmission
Distribution Channels
Others
End Use
Consumer Electronics
IT and Telecommunication
Automotive
Industrial
Healthcare
Others
Countries
U.S.
Canada
Mexico
UK
Germany
France
China
India
Japan
South Korea
Australia
Brazil
South Africa
Saudi Arabia
UAE

Electrical Resistor Market Companies

Name Profile # Employees HQ Website

Latin America electrical resistor market outlook

The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to electrical resistor market will help companies and investors design strategic landscapes.


Linear resistor was the largest segment with a revenue share of 100% in 2023. Horizon Databook has segmented the Latin America electrical resistor market based on linear resistor covering the revenue growth of each sub-segment from 2018 to 2030.


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Horizon Databook provides a detailed overview of continent-level data and insights on the Latin America electrical resistor market , including forecasts for subscribers. This continent databook contains high-level insights into Latin America electrical resistor market from 2018 to 2030, including revenue numbers, major trends, and company profiles.

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Latin America electrical resistor market

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