Vishay Precision Group's 15min chart shows Bollinger Bands expanding upward, bullish Marubozu.

Based on the 15-minute chart of Vishay Precision Group, the Bollinger Bands are expanding upward and a bullish Marubozu pattern has been observed at 09:15 on 04/09/2025. This suggests that market trend is being driven by strong buying activity, and it is likely that buyers will continue to dominate the market, leading to continued bullish momentum.

The precision potentiometers market has shown robust growth, with a significant expansion expected over the next decade. According to DataM Intelligence, the market reached US$ 1.40 billion in 2023 and is projected to reach US$ 2.30 billion by 2031, growing at a compound annual growth rate (CAGR) of 6.3% during the forecast period from 2024 to 2031 [1].

Precision potentiometers are high-accuracy variable resistors that are crucial for applications requiring fine calibration, positioning, and signal adjustment. They are widely used in aerospace, medical devices, robotics, and industrial automation due to their stability, reliability, and long service life in demanding environments.

Key players in the market include Bourns, Inc., Vishay Intertechnology, Inc., TT Electronics Plc, Honeywell International Inc., TE Connectivity Ltd., Panasonic Corporation, CTS Corporation, Alpha (Taiwan) Potentiometers, BI Technologies Corporation, and ETI Systems [1].

Recent developments in the market include Vishay Precision Group's (VPG) strategic growth initiative, which includes plans for manufacturing investments and expansion into humanoid robotics [1]. Additionally, Vishay Intertechnology introduced a next-generation rotary potentiometer with advanced features such as IP67 protection and high dielectric strength, designed to meet the demands of tough industrial and automotive applications [1].

UniMeasure Inc. unveiled its latest line of string potentiometers, engineered for enhanced accuracy and reliability in linear position feedback, ideal for applications in medical equipment, industrial automation, and resource management [1]. The UKC Group also relaunched Colvern Potentiometers and Rotary Switches under its Blore Edwards Precision brand, addressing obsolescence challenges in legacy systems [1].

The market is segmented by type, shape, application, and end-user, with regional analysis covering North America, Europe, Asia-Pacific, South America, and the Middle East & Africa [1]. The market's growth is driven by technological advancements, increasing demand in various industries, and strategic moves by key players.

Investors and financial professionals should closely monitor the market trends and developments to identify potential investment opportunities and navigate future market dynamics confidently.

References:
[1] DataM Intelligence. (2025). Precision Potentiometers Market. Retrieved from https://www.datamintelligence.com/download-sample/precision-potentiometers-market?sb