1. Market Research
  2. > Manufacturing
  3. > Electronic Component Market Trends
Braking Resistor Market Forecast to 2027 - COVID-19 Impact and Global Analysis By Resistor Element Type and End-User

Braking Resistor Market Forecast to 2027 - COVID-19 Impact and Global Analysis By Resistor Element Type and End-User

  • January 2021
  • 153 pages
  • ID: 6027524
  • Format: PDF
  • The Insight Partners
Up to $1700 off Until Jul 31st 2021


Table of Contents

Search Inside

The braking resistors market is expected to grow from US$ 7,838.1 in 2019 to US$ 11,141.9 million by 2027; it is estimated to grow at a CAGR of 4.8% from 2020 to 2027. Rising urbanization is one of the major factors leading to the development of electric trains worldwide, which, in turn is boosting the growth of the braking resistors market globally. The adoption of electric trains over diesel trains is attributed to factors such as eco-friendly and regenerating energy. The electric trains produce enormous amount of energy when slowing down or stopping the train. Therefore, the dynamic braking resistor is mainly integrated with an electric train’s engine system’s brakes to regain the energy. The kinetic energy is converted into the electric current at the engine’s traction motors in dynamic train braking, and then the current produced is dissipated within the train’s car body in onboard series of braking resistors. The rising demand for motor’s reliability, safety, and durability is driving the growth of the braking resistors market. The development in the energy & power sector upsurges the demand for power transmission projects worldwide that demand braking resistor for quickly stop or slow down the mechanical system by producing a braking torque to the electric motor. The growth in electrical infrastructure projects worldwide is driving the use of braking resistor among several energy & power projects.
Based on resistor element type, the wire-wound segment led the braking resistors market in 2019.Wire-wound resistor offers significant advantages such as excellent power dissipation, shock-proofing, and stable resistance.

This resistor is used across several applications, basically as a power resistor, where larger amounts of power are dissipated.The wire-wound resistor includes a resistive wire, which is wound around a nonconductive material.

Generally, the resistive wire is insulated so that adjacent wires do not short together.The resistance wire’s length, diameter, and resistivity determine the wire-wound resistor’s resistance.

Depending on the application, different types of wire-wound resistors are available in the market, such as precision and power resistor. In terms of geography, in 2019, the global braking resistor market the fastest growing market resides in APAC. Government initiatives—such as “Made in China 2025” and “Make in India”—are propelling the growth of this sector in APAC. Improvements in infrastructure, increase in domestic consumption, and low labor costs in Southeast Asian countries are attracting automotive companies to this region. Based on the pollutant emissions, electric vehicles perform exceptionally well than diesel vehicles—especially in the light and heavy commercial vehicles. Optimizing automated cars is expected to be a significant driver for electric vehicle in various APAC countries such as India, Malaysia, Singapore, and Thailand. Therefore, strong automotive manufacturing sector in these countries is expected to support the growth of the braking resistor market in the region in the coming years.
The COVID-19 outbreak is adversely affecting economies and industries in various countries owing to lockdowns, travel bans, and business shutdowns.The strong presence of manufacturing and production facilities of various market players in Japan and China, which has multiple production facilities around the city, witnessed a decline in its production of braking resistors.

In addition, the subsequent nation-wide lockdown is disrupting the automotive production capabilities and supply chain activities globally, which is halting the demand for braking resistors from various automotive manufacturers and customers. Thus, the global braking resistors market is witnessing a significant decline in revenue generation.
The overall braking resistors market size has been derived using both primary and secondary sources.To begin the research process, exhaustive secondary research has been conducted using internal and external sources to obtain qualitative and quantitative information related to the market.

The process also serves the purpose of obtaining an overview and forecast for the braking resistors market with respect to all the segments pertaining to the region.Also, multiple primary interviews have been conducted with industry participants and commentators to validate the data, as well as to gain more analytical insights into the topic.

The participants of this process include industry experts such as VPs, business development managers, market intelligence managers, and national sales managers, along with external consultants such as valuation experts, research analysts, and key opinion leaders, specializing in the braking resistors market. ABB Ltd.; Bonitron; Captech Pty Ltd.; CRESSALL RESISTORS LTD.; REO AG; Sandvik AB(Kanthal); Schneider Electric; Toshiba International Corporation; Vishay Intertechnology, Inc.; and Yaskawa Electric Corporation are among the players operating in the market.

Get Industry Insights. Simply.

  • Latest reports & slideshows with insights from top research analysts
  • 150+ Million searchable statistics with tables, figures & datasets
  • More than 25,000 trusted sources
20% Off


  • Single User License — provides access to the report by one individual.
  • Department License — allows you to share the report with up to 5 users
  • Site License — allows the report to be shared amongst all employees in a defined country
  • Corporate License — allows for complete access, globally.

ReportLinker may already be registered as a supplier with your company. If you want to Order by PO, check with us first and we'll let you know if we are a registered supplier and what the vendor number is. Otherwise, we'll provide you with the necessary information to register ReportLinker as a vendor.

Ahmad helps you find the right report:

The research specialist advised us on the best content for our needs and provided a great report and follow-up, thanks very much we shall look at ReportLinker in the future.

Kate Merrick

Global Marketing Manager at
Eurotherm by Schneider Electric

We were impressed with the support that ReportLinker’s research specialists’ team provided. The report we purchased was useful and provided exactly what we want.

Category Manager at

ReportLinker gave access to reliable and useful data while avoiding dispersing resources and spending too much time on unnecessary research.

Executive Director at
PwC Advisory

The customer service was fast, responsive, and 100% professional in all my dealings (...) If we have more research needs, I'll certainly prioritize working with ReportLinker!

Scott Griffith

Vice President Marketing at
Maurice Sporting Goods

The research specialist provided prompt, helpful instructions for accessing ReportLinker's product. He also followed up to make sure everything went smoothly and to ensure an easy transition to the next stage of my research

Jessica P Huffman

Research Associate at
American Transportation Research Institute

Excellent customer service. Very responsive and fast.

Director, Corporate Strategy at

I reached out to ReportLinker for a detailed market study on the Air Treatment industry. The quality of the report, the research specialist’s willingness to solve my queries exceeded my expectations. I would definitely recommend ReportLinker for in-depth industry information.

Mariana Mendoza

Global Platform Senior Manager at
Whirlpool Corporation

Thanks! I like what you've provided and will certainly come back if I need to do further research works.

Bee Hin Png

CEO at
LDR Pte Ltd

The research specialist advised us on the best content for our needs and provided a great report and follow-up, thanks very much we shall look at ReportLinker in the future.

Kate Merrick

Global Marketing Manager at
Eurotherm by Schneider Electric

  • How we can help
    • I am not sure if the report I am interested in will fulfill my needs. Can you help me?
    • Yes, of course. You can call us at +33(0) 4 37 65 17 03 or drop us an email at [email protected] to let us know more about your requirements.
    • We buy reports often - can ReportLinker get me any benefits?
    • Yes. Set up a call with a Senior Research Advisor to learn more - [email protected] or +33(0) 4 37 65 17 03.
    • I have had negative experiences with market research reports before. How can you avoid this from happening again?
    • We advise all clients to read the TOC and Summary and list your questions so that we can get more insight for you before you make any purchase decision. A research advisor will accompany you so that you can compare samples and reports from different sources, and choose the study that is right for you.

  • Report Delivery
    • How and when I will receive my Report?
    • Most reports are delivered right away in a pdf format, while others are accessed via a secure link and access codes. Do note that sometimes reports are sent within a 12 hour period, depending on the time zones. However, you can contact us to escalate this. Should you need a hard copy, you can check if this option is offered for the particular report, and pay the related fees.
  • Payment conditions
    • What payment methods do you accept?
      1. Credit card : VISA, American Express, Mastercard, or
      2. You can download an invoice to pay by wire transfer, check, or via a Purchase Order from your company, or
      3. You can pay via a Check made out in US Dollars, Euros, or British Pounds for the full amount made payable to ReportLinker
    • What are ReportLinker’s Payment Terms?
    • All payments must normally be submitted within 30 days. However, you can let us know if you need extended time.
    • Are Taxes and duties included?
    • All companies based in France must pay a 20% tax per report. The same applies to all individuals based in the EU. All EU companies must supply their VAT number when purchasing to avoid this charge.
    • I’m not satisfied. Can I be refunded?
    • No. Once your order has been processed and the publisher has received a notification to send you the report, we cannot issue any refund or cancel any order. As these are not ‘traditional’ products that can be returned, reports that are dispatched are considered to be ‘consumed’.
  • User license
    • The license that you should acquire depends on the number of persons that need to access the report. This can range from Single User (only one person will have the right to read or access the report), or Department License (up to 5 persons), to Site License (a group of persons based in the same company location), or Corporate License (the entire company personnel based worldwide). However, as publishers have different terms and conditions, we can look into this for you.
Purchase Reports From Reputable Market Research Publishers

Passive Electronic Components Market - Growth, Trends, COVID-19 Impact, and Forecasts (2021 - 2026)

  • $ 4250
  • June 2021
  • 286 pages

The passive electronic components market was valued at USD 31.54 billion in 2020 and expected to reach USD 40.81 billion by 2026 and grow at a CAGR of 4.5% over the forecast period (2021 - 2026). The increasing ...

  • World
  • Electronic Component
  • Electronics
  • Industry analysis
  • Metal Price
  • Greenhouse Gas Emissions


Reportlinker.com © Copyright 2021. All rights reserved.

ReportLinker simplifies how Analysts and Decision Makers get industry data for their business.

Make sure you don’t miss any news and follow us on