Braking Resistor Market Scope and Key Players - 2031
Braking Resistor Market Report Scope
| Report Attribute | Details |
|---|---|
| Market size in 2019 | US$ 7.84 Billion |
| Market Size by 2027 | US$ 11.14 Billion |
| Global CAGR (2019 - 2027) | 4.8% |
| Historical Data | 2017-2018 |
| Forecast period | 2020-2027 |
| Segments Covered |
By Resistor Element Type
|
| Regions and Countries Covered | North America
|
| Market leaders and key company profiles |
Product development is the commonly adopted strategy by companies to expand their product portfolio. ABB Ltd., Vishay, Schneider Electric, Kanthal, and Yashkawa are among the key players implementing strategies to enlarge the customer base and gain significant share in the global braking resistors market, which in turn permits them to maintain their brand name. A few of the recent key developments are:
- In 2019, Yaskawa Electric Corporation’s R1000 regenerative unit avoids energy to waste. Instead, it is delivered back to the power source that could be used by other loads. The R1000 regenerative unit is a safer solution for regeneration than the open heating element used in dynamic braking resistors.
- In 2018, Vishay Intertechnology, Inc. exhibited its latest resistors for oil and gas, industrial, traction, and renewable energy power systems at the 2018 IEEE PES T&D conference and expo.
Braking Resistors Market Segmentation:
By Resistor Element Type
- Wirewound
- Edge-wound
- Stamped Grid
- Others
By End-User
- Oil and Gas
- Mining
- Marine
- Automobile and Railway
- Energy
- Others
Company Profiles
- ABB Ltd.
- Bonitron
- Captech Pty Ltd.
- CRESSALL RESISTORS LTD.
- REO AG
- Sandvik AB(Kanthal)
- Schneider Electric
- Toshiba International Corporation
- Vishay Intertechnology, Inc.
- Yaskawa Electric Corporation
Get Free Sample For