Automotive Shunt Resistors Market size was valued at US$ 456.7 million in 2024 and is projected to reach US$ 734.2 million by 2032, at a CAGR of 6.1% during the forecast period 2025-2032.
Report Studies
• The global Automotive Shunt Resistors Market size was valued at US$ 456.7 million in 2024 and is projected to reach US$ 734.2 million by 2032, at a CAGR of 6.1% during the forecast period 2025-2032.
• Automotive shunt resistors are precision components used to measure current flow in vehicle electrical systems by creating a low-resistance path. These devices play a critical role in battery management systems, motor controls, and power distribution networks across both conventional and electric vehicles. The market offers resistors with varying tolerance levels including ±0.5%, ±1%, and ±5% to accommodate different application requirements.
Key Players:
• Murata Manufacturing Co., Ltd. (Japan)
• Vishay Intertechnology Inc. (U.S.)
• Yageo Corporation (Taiwan)
• Panasonic Corporation (Japan)
• Bourns Inc. (U.S.)
• Rohm Semiconductor (Japan)
• TT Electronics (UK)
By Type:
• The market is segmented based on type into:
• Resistance Tolerance: -0.5% to 0.5%
• Resistance Tolerance: -1% to 1%
• Resistance Tolerance: -5% to 5%
By Application:
• The market is segmented based on application into:
• Commercial Vehicles
• Passenger Vehicles
