China’s Shunt Resistor Market: Driving Innovation in EVs & Renewables

“The shunt resistor market in China is witnessing remarkable growth, largely due to the country's strong manufacturing capabilities and the rising embrace of advanced technologies. As the foremost producer of shunt resistors globally, China is well-positioned to lead this market. The rapid expansion of key industries, including electric vehicles (EVs), industrial automation, and renewable energy initiatives, is significantly contributing to this growth.

Among these sectors, the automotive industry stands out as a primary consumer of shunt resistors, which are essential for accurate current measurement in battery management systems and motor controls. The surge in adoption of EVs and hybrid vehicles in China has intensified the demand for these components. Moreover, the nation's commitment to energy efficiency and sustainability has driven increased investment in renewable energy projects, where shunt resistors are crucial for monitoring and managing electrical currents. With this trend expected to persist, the global shunt resistor market is projected to continue its steady growth, and China's focus on technological innovation and robust manufacturing infrastructure positions it to not only maintain but possibly expand its influence in the market in the years ahead.”

China produced around 423 million units of shunt resistors in 2022 with its major demand coming from automotive sector.

The rise of EVs and charging infrastructure boosts demand for shunt resistors in battery management, motor control, and power conversion applications.

China's electric vehicle (EV) market is the largest in the world, driven by strong government policies, subsidies, and ambitious sustainability goals. Shunt resistors play a critical role in battery management systems (BMS), motor controllers, and charging infrastructure. They help monitor and regulate current flow, energy efficiency, and thermal stability. The increasing production of EVs and hybrid vehicles creates a demand for advanced power monitoring solutions, which in turn drives the need for high-performance shunt resistors. Additionally, the rise of fast-charging stations and high-voltage powertrains further increases the need for resistors that have low resistance values and high reliability to manage large current loads effectively.

China’s investments in solar, wind, and energy storage systems drive demand for shunt resistors in current sensing and power regulation.

China’s significant investment in solar, wind, and energy storage systems is a major driving force for the shunt resistor market. These resistors play a crucial role in power monitoring, efficiency optimization, and safety mechanisms within renewable energy applications. For example, solar inverters and wind turbines require accurate current measurement to optimize energy conversion and prevent system failures. Moreover, the expanding energy storage market, which includes lithium-ion and solid-state batteries, depends on precise current sensing to improve battery performance and longevity. Government policies that promote a clean energy transition, along with increasing investments in grid modernization, further enhance the demand for shunt resistors in power distribution systems.

The rapid rollout of 5G networks and IoT devices increases the need for high-precision resistors in telecom infrastructure and smart technologies.

China is a global leader in the deployment of 5G technology and the adoption of the Internet of Things (IoT). The country is experiencing rapid growth in smart cities, connected devices, and telecommunications infrastructure. Shunt resistors are essential for current sensing, circuit protection, and energy efficiency in base stations, data centers, and network devices. As 5G networks require greater power management efficiency, the demand for low-impedance, high-precision resistors is increasing.

Additionally, IoT devices such as smart meters, connected appliances, and industrial sensors depend on reliable power monitoring components, which further drives the demand for compact and efficient shunt resistors. The rise of edge computing and AI-driven devices also contributes to market growth.

Government efforts to boost domestic semiconductor and electronics manufacturing reduce reliance on imports and strengthen local shunt resistor production.

The Chinese government is actively promoting the domestic production of semiconductors and electronics to reduce reliance on imported components. Policies like the "dual circulation strategy" and tax incentives for local manufacturers are encouraging the growth of China-based shunt resistor suppliers. The emergence of domestic chip manufacturers and increased investments in research and development for advanced resistor technologies—such as ultra-low resistance and high-precision resistors—are also contributing to industry expansion. Additionally, recent trade restrictions and supply chain disruptions have accelerated efforts to localize production, prompting domestic companies to enhance their manufacturing capabilities. This shift is expected to improve China’s self-sufficiency in high-precision electronic components and support long-term market growth.

Competitive Landscape

Some of the major companies operating within the Shunt Resistor market are: Shenzhen Zenithsun Electronics Tech Co., Ltd.,Yueqing Nqqk Electric Factory, Changzhou Southern Electronic Element Factory Co., Ltd., Zhejiang Dongya Electronic Co., Ltd, Oswell E-Group Limited, KDS Instrument (Kunshan) Co., Ltd., ROHM Semiconductor, JDC and Others.