The import of wirewound variable resistors for a power handling capacity exceeding 20 watts to the US is projected to grow modestly from $40.057 million in 2024 to $40.805 million by 2028. The average annual growth rate, or CAGR, over the five-year period is relatively stable. With the year-on-year increases appearing consistent, this suggests a steady demand and market stability.
Future trends to watch for include:
- Technological advancements in electronic components, potentially driving demand.
- US manufacturing trends and the impact of reshoring or nearshoring strategies.
- Impact of international trade policies which could affect import dynamics.