A shunt resistor, also known as an ammeter shunt, is a high-precision resistor designed to measure the current flowing through a circuit. It is a low-resistance electrical component placed in parallel with a device or circuit under test, creating an alternate path for a portion of the current. By measuring the voltage drop across the shunt resistor and applying Ohm’s law, the current in the circuit can be accurately calculated. These components play a critical role in various applications, including power supplies, battery management systems, and motor control circuits.This report contains market size and forecasts of Shunt Resistor in global, including the following market information: Global Shunt Resistor Market Revenue, 2018-2023, 2024-2029, ($ millions) Global Shunt Resistor Market Sales, 2018-2023, 2024-2029, (M Units) Global top five Shunt Resistor companies in 2022 (%) Global key players of shunt resistor include Rohm Semiconductor, Yageo, Murata, Vishay, etc. Global top five manufacturers hold a share over 53%. China is the largest producer of shunt resistor holds a share over 52%. In terms of product, rated current 400 to 750A is the largest segment, with a share over 26%. And in terms of application, the largest application is automotive, with a share over 26%.By Application Automotive Ammeter Communication Consumer Electronics Power supplies Others 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.