Market Size in 2024 | Market Forecast in 2034 | CAGR (in %) | Base Year |
---|---|---|---|
USD 1200 Million | USD 2500 Million | 7.5% | 2024 |
The global resolvers market size was worth around USD 1,200 million in 2024 and is predicted to grow to around USD 2,500 million by 2034, with a compound annual growth rate (CAGR) of roughly 7.5% between 2025 and 2034.
A resolver is a type of electrical transformer that can measure how far something has turned. It is an analog device, and there are digital versions, such as the digital resolver and the rotary (or pulse) encoder. When a coil spins, it creates voltage in two fixed coils. By comparing the phase of the signal in the two secondaries, one can determine the angle quite accurately. These methods were widely used in mechanical control systems, including figuring out how many times a screw jack needs to turn to move an airplane's flaps to a particular position. The resolvers market is being driven by several factors, such as the rising adoption of electric vehicles (EVs) and hybrid vehicles, the growth of industrial automation and robotics, increasing demand in aerospace and defense, and the expansion of renewable energy installations. However, the high initial cost and complex manufacturing pose a significant challenge to the industry's growth.
Growth Drivers
How does the increasing demand in aerospace and defense drive the Resolvers market growth?
The aerospace and defense industries are growing quickly because they need precise, reliable, and durable position sensing for navigation, flight control, missile guidance, radar, and satellite systems. As aviation and defense technologies become more advanced, with the development of fly-by-wire systems, autonomous aircraft, electric aircraft, and advanced military platforms, they need high-performance sensors like resolvers that provide real-time, very accurate feedback. Increased funding for defense and ongoing investments in modernizing the military are making complex avionics and resolver systems more prevalent in next-generation fighter jets, helicopters, drones, and missile guidance systems.
For instance, SIPRI data predict that military spending around the world will reach $2718 billion in 2024, marking the tenth consecutive year of increase. All of the top 15 spenders in the world in 2024 spent more on their militaries. By 2024, the global military burden, which is the percentage of global GDP that goes to military spending, is predicted to climb to 2.5%. Thus, the aforementioned stats are expected to propel the resolvers market over the projected period.
Restraints
High initial cost and complex manufacturing hinder the market growth
High initial costs and complicated production processes hinder the growth of the resolver market, as they make it difficult for people to use, especially in cost-sensitive industries and small to medium-sized organizations. It is hard to make resolvers because they need to be wound correctly, calibrated, and integrated.
All of these processes require skilled workers, specialized tools, and strict quality standards, which raise production costs. The high initial cost of both the resolver hardware and the necessary integration parts (such as resolver-to-digital converters) keeps potential customers away. They may prefer cheaper, easier-to-install options like digital encoders. More affordable options like optical and magnetic encoders are often preferred since they are easier to install and work directly with newer digital systems. This limits the use of resolvers in new applications.
Opportunities
How does the growth of industrial automation and robotics offer a potential opportunity for the resolver industry's growth?
The growth of industrial automation and robotics presents an enormous opportunity for the resolver sector, as these technologies require accurate, long-lasting, and reliable position feedback for motion control and machine performance. As factories and warehouses add more automated machinery like robotic arms, CNC machines, and conveyors, the need for accurate angle and position sensing develops. Resolvers are ideal for this since they are durable and can perform under challenging conditions.
The International Federation of Robotics reports that the latest World Robotics report indicates there are now 4,281,585 units operating in businesses worldwide, marking a 10% increase. For the third year in a row, more than half a million units were installed. In 2023, Asia got 70% of all new robots, Europe got 17%, and the Americas got 10%.
Challenges
How does the limited availability of skilled technicians pose a major challenge to the Resolvers market expansion?
The lack of skilled personnel is a significant challenge for the growth of the resolver market, as it complicates the development and use of resolver systems, which require extensive knowledge in electromechanical design, calibration, and integration. Resolvers are highly accurate devices used to measure position and speed in fields such as aerospace, robotics, and automotive. Because of this, installing, maintaining, and fixing them requires a lot of specific technical knowledge.
For instance, the Semiconductor Industry Association (SIA) and Oxford Economics collaborated to publish a study showing that the U.S. is short on technicians, computer scientists, and engineers. By 2030, the semiconductor industry will be short 67,000 workers, and the U.S. economy as a whole will be short 1.4 million workers.
Report Attributes | Report Details |
---|---|
Report Name | Resolvers Market |
Market Size in 2024 | USD 1,200 Million |
Market Forecast in 2034 | USD 2,500 Million |
Growth Rate | CAGR of 7.5% |
Number of Pages | 212 |
Key Companies Covered | TE Connectivity, Rockwell Automation, Renishaw, Honeywell International, HEIDENHAIN, Copal Electronics, Dynapar, Kuebler Group, POSITAL Fraba, Hengstler GmbH, SICK AG, AMETEK Factory Automation, BEI Sensors, Tamagawa Seiki, Nidec-Avtron Automation, and others. |
Segments Covered | By Type, By Application, By Technology, By Distribution Channel, and By Region |
Regions Covered | North America, Europe, Asia Pacific (APAC), Latin America, Middle East, and Africa (MEA) |
Base Year | 2024 |
Historical Year | 2019 to 2023 |
Forecast Year | 2025 - 2034 |
Customization Scope | Avail customized purchase options to meet your exact research needs. Request For Customization |
The global resolvers industry is segmented based on type, application, technology, distribution channel, and region.
Based on the type, the global resolvers market is bifurcated into brushless resolvers and brushed resolvers. The brushless resolvers segment is expected to capture the largest market share over the projected period. Brushless resolvers are ideal for critical and high-performance applications such as aerospace, defense, industrial robotics, and electric cars because they are more reliable, require less maintenance, and send accurate signals. They also work effectively when they have to operate continuously in harsh conditions, like high temperatures, dust, and vibration. This has made it more common in systems for managing materials, automating production, and powering cars.
Based on the application, the global resolvers industry is bifurcated into military/aerospace, industrial, automotive, medical, renewable energy, communications, and robotics. The automotive segment holds the major market share. Electric automobiles (EVs) and hybrid electric vehicles (HEVs) are becoming increasingly popular, which aligns with what people want. Resolvers give these vehicles accurate and consistent motor control and position feedback. This is especially important for electric powertrains, power steering, and transmission systems. For expansion, it's also essential to have advanced driver assistance systems (ADAS) and self-driving technologies. Adaptive cruise control, lane-keeping aid, and automated parking systems are some of the safety-critical uses that necessitate high-precision resolvers. Thus, driving the segment growth.
Based on the technology, the global resolvers market is bifurcated into analog resolvers and digital resolvers. The digital resolvers segment holds the largest market share over the projected period. As the aerospace, automotive, industrial automation, and robotics industries grow, the requirement for RDCs is also increasing. RDCs make it easier to control and connect systems by turning resolver outputs into digital signals in real time. As electric cars and advanced driver assistance systems (ADAS) become more popular, the necessity for high-precision digital resolver technology grows. This is because these systems need to correctly and reliably identify their location.
Based on the distribution channel, the global resolvers industry is bifurcated into direct sales, distributor sales, and online retail. The direct sales segment holds a prominent market share during the analysis period. Direct sales channels let resolver producers get rid of middlemen, which leads to higher profit margins and pricing strategies that draw in more clients. Thus, driving the industry growth.
Why does North America dominate the Resolvers market over the projected period?
The North America region is projected to lead the resolver market. The region has a strong industrial infrastructure and has made significant investments in aircraft, defense, and industrial automation. These fields need accurate, long-lasting position sensing, which is why the use of resolvers is so high.
For instance, in October 2025, JPMorgan Chase indicated it would spend up to $10 billion on U.S. enterprises that are important for national security and economic stability. This is part of a larger plan worth $1.5 trillion over ten years that focuses on the defense, energy, industrial, and technological sectors. The move aligns with the Trump administration's aim to reduce reliance on foreign supply chains and follows criticism of banks for "debanking" clients based on political opinions.
The global resolvers market is dominated by players like:
By Type
By Application
By Technology
By Distribution Channel
By Region
FrequentlyAsked Questions
A resolver is a type of electrical transformer that can measure how far something has turned. It is an analog device, and there are digital versions, such as the digital resolver and the rotary (or pulse) encoder.
The resolvers market is being driven by several factors, such as the rising adoption of electric vehicles (EVs) and hybrid vehicles, the growth of industrial automation and robotics, increasing demand in aerospace and defense, and the expansion of renewable energy installations.
The high initial cost and complex manufacturing pose a significant challenge to the resolver industry's growth.
Based on the technology, the digital resolver segment is expected to dominate the resolvers market growth during the projected period.
The increasing product innovation and rising demand in aerospace and defense pose a major impact factor for the resolvers industry's growth over the projected period.
According to the report, the global resolvers market size was worth around USD 1,200 million in 2024 and is predicted to grow to around USD 2,500 million by 2034.
The global resolvers market is expected to grow at a CAGR of 7.5% during the forecast period.
The global resolvers industry growth is expected to be driven by the North America region. It is currently the world’s highest revenue-generating market due to the presence of major players and increasing investment in the aerospace and defense industry.
The global resolvers market is dominated by players like TE Connectivity, Rockwell Automation, Renishaw, Honeywell International, HEIDENHAIN, Copal Electronics, Dynapar, Kuebler Group, POSITAL Fraba, Hengstler GmbH, SICK AG, AMETEK Factory Automation, BEI Sensors, Tamagawa Seiki, and Nidec-Avtron Automation, among others.
The Resolvers market report covers the geographical market along with a comprehensive competitive landscape analysis. It also includes cash flow analysis, profit ratio analysis, market basket analysis, market attractiveness analysis, sentiment analysis, PESTLE analysis, trend analysis, SWOT analysis, trade area analysis, demand & supply analysis, Porter’s five forces analysis, and value chain analysis.
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