A potentiometer is a three-terminal resistor with a sliding or rotating contact that forms an adjustable voltage divider. If only two terminals are used, one end and the wiper, it acts as a variable resistor or rheostat. The measuring instrument called a potentiometer is essentially a voltage divider used for measuring electric potential (voltage); the component is an implementation of the same principle, hence its name. Potentiometers are commonly used to control electrical devices such as volume controls on audio equipment. Potentiometers operated by a mechanism can be used as position transducers, for example, in a joystick. Potentiometers are rarely used to directly control significant power (more than a watt), since the power dissipated in the potentiometer would be comparable to the power in the controlled load.
The major factor that drives the growth of the potentiometer is its accuracy to measure the potential difference between any two given points in a circuits. Other parameters that boosts the growth of the potentiometer market are temperature stability, long operational life, and improved linearity. One of the restraining factor that restricts the growth of the global potentiometer market is the noise generated in the potentiometer. When the wiper moves along the linear or rotary path, the resistive element creates a noise called as fader scratch. Also the friction between the resistive element and the potentiometer causes the inertia. This inertia prevents the potentiometer being used as rotary sensor in some sensitive applications. However, the increasing demand by the users for the potentiometers in various electronic appliances such as computer and audio equipment, will enable the manufacturers to develop and design the technology in the existing potentiometer thereby helping to grow the global potentiometer market. The area wise division of the international market of the Potentiometers can be done like Asian industry of Potentiometer, North American industry of Potentiometer, and European industry of Potentiometers. The prominent nations are the U.S., Germany, Japan, and China.
The Global Potentiometers Market was valued at xxx million USD with a CAGR xx% from 2018-2022. Subsequently, it will touch xxx million USD in 2023 with a CAGR xx % from 2023-2030.

In the global Potentiometers Market, This report focuses particularly in North America, South America, Europe and Asia-Pacific, and Middle East and Africa. This report classifies the Market on the basis of application, type, regions, and manufactures.

In Market segmentation by manufacturers, the report covers the following companies-
Analog Devices
BI Technologies
NTE Electronics
Bourns
TT Electronics
Vishay
Honeywell
BEI Sensors
Precision Electronics
Haffmann+Krippner

In Market segmentation by geographical regions, the report has analysed the following regions-
North America (USA, Canada and Mexico)
Europe (Germany, France, UK, Russia and Italy)
Asia-Pacific (China, Japan, Korea, India and Southeast Asia)
South America (Brazil, Argentina, Columbia etc.)
Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)

In Market segmentation by types :
Linear Potentiometers
Rotary Potentiometers

In Market segmentation by applications :
Audio Equipment
Computers
Televisions
Measuring Devices
Tuners & Calibrators

The research provides answers to the following key questions:
• What is the estimated growth rate and Market share and size of the Potentiometers Market for the forecast period 2023-2030?
• What are the driving forces in the Potentiometers Market for the forecast period 2023-2030?
• Who are the prominent Market players and how have they gained a competitive edge over other competitors?
• What are the Market trends influencing the progress of the Potentiometers industry worldwide?
• What are the major challenges and threats restricting the progress of the industry?
• What opportunities does the Market hold for the prominent Market players?
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