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Digital Potentiometer Market is valued at USD 280.54 Million in 2018 and expected to reach USD 407.85 Million by 2025

Digital Potentiometer Market is valued at USD 280.54 Million in 2018 and expected to reach USD 407.85 Million by 2025 with the a CAGR of 5.49% over the forecast period.Advancement in optical communication technology is the key driving factor for the growth of Global Digital Potentiometer Market.

A digital potentiometer is a digitally-controlled electronic component that simulates the analog functions of a potentiometer. Digital potentiometers are used to trim and scale the incoming analog signals. They provide an output resistance on digital inputs that is variable based and thus are sometimes referred to as resistive digital to analog converters. It deals like the same analog functions just as a rheostat or potentiometer but allows more accurate and robust calibration process. Digital potentiometer has various benefits over traditional one such as; high reliability, negligible resistance drift and very low power dissipation up to tens of mill watts. It is used in wide range of applications for factory adjustment and calibration of the equipment especially where the mechanical rheostat has some issues.

Global digital potentiometer market is segmented on the basis of by product type, application and by region. Based on product type the digital potentiometer market is segmented into 8-bit, 6-bit, 7-bit and 10-bit. Based upon application type the market is divided into home appliances, communication products, instrumentation and automotive products.

The regions covered in this digital potentiometer market report are North America, Europe, Asia-Pacific and Rest of the World. On the basis of country level, market of Digital Potentiometer market is sub divided into U.S., Mexico, Canada, UK, France, Germany, Italy, China, Japan, India, South East Asia, GCC, Africa, etc.

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