Shunt Manganin Market Size, Production, Sales, Average Product Price, Market Share, Import vs Export

Shunt Manganin Market Trends Shaping the Future of Precision Current Sensing 

The Shunt Manganin Market is currently experiencing rapid expansion, driven by its critical role in industries demanding high precision and reliability in current measurement. Shunt Manganin, known for its ultra-low temperature coefficient of resistance and exceptional stability, is becoming indispensable in applications where accuracy is non-negotiable. For instance, the explosive growth in electric vehicles is intensifying the demand for Shunt Manganin in battery management systems. As EV sales grow at double-digit rates globally, the Shunt Manganin Market is simultaneously expanding to meet the stringent requirements for accurate current sensing in batteries, power conversion, and charging infrastructure. 

Technological Innovation as a Core Driver of the Shunt Manganin Market 

Technological advancements in smart grids and digital metering systems have become pivotal drivers of the Shunt Manganin Market. The global transition toward smart energy networks requires components that maintain precision under fluctuating environmental conditions. Shunt Manganin’s low drift in resistance, even with temperature changes, makes it ideal for smart meters and energy monitoring devices. For example, with smart meter deployments scaling into hundreds of millions worldwide, the Shunt Manganin Market is benefiting from this wave of modernization. The integration of IoT and automation into energy management systems further amplifies the need for reliable current sensors, reinforcing the growth trajectory of the Shunt Manganin Market. 

Renewable Energy Expansion Boosts Shunt Manganin Market Demand 

The growing emphasis on renewable energy infrastructure directly correlates with surging Shunt Manganin Market demand. Solar farms and wind turbines depend on accurate current sensing to optimize power output and ensure grid stability. Given that renewable capacity is increasing at unprecedented rates, the Shunt Manganin Market is poised for strong gains. Shunt Manganin’s corrosion resistance and temperature stability make it suitable for harsh outdoor environments typical of renewable installations. Additionally, energy storage systems, vital for balancing intermittent renewable supply, rely on precise battery monitoring where Shunt Manganin plays a central role. The synergy between renewable energy growth and Shunt Manganin demand is a defining market trend. 

Automotive Electrification: A Major Growth Engine for the Shunt Manganin Market 

The global shift toward electric mobility has emerged as a powerful catalyst for the Shunt Manganin Market. As electric vehicles become mainstream, their dependency on high-accuracy battery management systems grows. Shunt Manganin’s properties enable precise current measurement, crucial for battery safety and efficiency. The automotive sector’s electrification trends, with rapid adoption and increasing regulatory pressures on emissions, drive substantial market expansion. This dynamic translates into rising demand for Shunt Manganin components designed specifically for electric drivetrains and charging stations, propelling the Shunt Manganin Market forward at a remarkable pace. 

Industrial Automation Enhances Shunt Manganin Market Prospects 

Industrial automation is reshaping manufacturing and production processes, requiring highly accurate electrical sensing solutions. The Shunt Manganin Market benefits significantly from this trend as industries demand components that perform consistently in challenging environments. Automation systems rely on current sensing for monitoring power consumption and ensuring operational safety. Shunt Manganin’s stable resistance over time and resistance to environmental degradation make it a preferred material. The growing investment in smart factories and Industry 4.0 initiatives is creating ongoing opportunities, reinforcing the Shunt Manganin Market’s robust outlook. 

Healthcare Sector Advances Drive Precision in the Shunt Manganin Market 

Healthcare technology is evolving rapidly, with diagnostic and monitoring devices increasingly dependent on precise electrical measurements. The Shunt Manganin Market is expanding alongside this trend as medical equipment such as ECGs and other patient monitoring systems require stable current sensing. The rising adoption of wearable health devices and remote monitoring solutions further fuels demand. Shunt Manganin’s ability to maintain accuracy under diverse operating conditions ensures it remains critical in these applications. As healthcare technology investments continue to grow, the Shunt Manganin Market is positioned to capture substantial value. 

Sustainability and Environmental Resistance Propel the Shunt Manganin Market 

The Shunt Manganin Market is also influenced by growing sustainability demands across sectors. Its resistance to corrosion and oxidation ensures longevity even in harsh conditions, reducing the need for frequent replacements and waste. This characteristic aligns with industry trends toward environmentally responsible and cost-efficient solutions. For example, renewable energy projects and industrial applications increasingly require materials that offer durability without compromising precision. The Shunt Manganin Market benefits as manufacturers prioritize components that support long-term system stability and environmental resilience. 

Emerging Markets Open New Frontiers for the Shunt Manganin Market 

Emerging economies are becoming important contributors to the Shunt Manganin Market growth story. Rapid industrialization, expanding energy infrastructure, and accelerating adoption of electric mobility in these regions are driving new demand. Countries experiencing fast urbanization and infrastructure upgrades require precise measurement solutions to support reliable energy distribution and automotive electrification. The Shunt Manganin Market is adapting by increasing production capacity and tailoring products to meet diverse regional requirements. This geographic expansion is a significant factor in the broader market’s sustained growth. 

Market Outlook: Sustained Growth in Shunt Manganin Market Size 

Given the convergence of factors such as renewable energy expansion, electric vehicle adoption, industrial automation, and healthcare technology advancements, the Shunt Manganin Market Size is expected to grow significantly over the next decade. The compound effects of these drivers create a robust environment for innovation and investment. As industries demand higher precision, stability, and durability in current sensing components, the Shunt Manganin Market will continue to see strong momentum, supported by ongoing technological evolution and increasing global electrification.

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Geographical Demand Dynamics Shaping the Shunt Manganin Market 

The geographical landscape of the Shunt Manganin Market is marked by significant regional disparities driven by industrialization levels, technological adoption, and government policies. Asia Pacific dominates the Shunt Manganin Market demand due to rapid industrial growth, surging electric vehicle adoption, and expansive renewable energy projects. For example, China’s electric vehicle sales exceeded 7 million units in 2024, a surge fueling demand for Shunt Manganin components in battery management systems and power electronics. Similarly, India’s aggressive renewable energy targets, aiming to achieve 500 GW of renewable capacity by 2030, require precise current sensing solutions, pushing the Shunt Manganin Market upward. 

In contrast, North America presents a mature Shunt Manganin Market characterized by advanced manufacturing capabilities and strong investments in smart grid technology. The United States alone is expected to deploy over 100 million smart meters by 2030, significantly boosting demand for high-precision Shunt Manganin components. Europe’s Shunt Manganin Market is also witnessing robust growth, driven by stringent environmental policies and accelerated electric vehicle adoption, particularly in Germany and France. These regional dynamics underscore the varying but complementary demand drivers in the Shunt Manganin Market across global territories. 

Production Concentration and Technological Edge in the Shunt Manganin Market 

Production of Shunt Manganin is concentrated in countries with advanced metallurgical industries and strong research capabilities. China leads global production due to its vast industrial base and cost-efficient manufacturing infrastructure, supporting its growing domestic and export markets. For instance, Chinese manufacturers have scaled production capacity by over 15% annually in recent years to meet demand from burgeoning EV and renewable energy sectors, which is pivotal for the Shunt Manganin Market. 

Japan and Germany are also key production hubs renowned for precision and quality. Japan’s focus on automotive and electronics innovation has led to development of customized Shunt Manganin products optimized for temperature stability and longevity, critical for battery and power management applications. Germany’s leadership in industrial automation and renewable integration further boosts its Shunt Manganin Market prominence, leveraging cutting-edge manufacturing techniques to deliver high-reliability components. This geographic production concentration reflects how technological expertise and industrial strategy are shaping the Shunt Manganin Market’s supply landscape. 

Market Segmentation Fuels Diversification in the Shunt Manganin Market 

The Shunt Manganin Market segmentation reveals the alloy’s versatile application across industries and product types. By application, current sensing and measurement dominate, accounting for nearly 40% of the market value. This is driven by sectors like power generation, automotive, and electronics requiring precise current monitoring. For example, with the global battery management system market forecast to exceed $20 billion by 2030, Shunt Manganin components in BMS are a critical growth segment within the Shunt Manganin Market. 

Battery management systems form another rapidly growing segment within the Shunt Manganin Market. The rise of electric vehicles and renewable energy storage systems has propelled BMS demand, where Shunt Manganin’s stable resistance ensures optimal battery performance and safety. For example, EV battery pack production doubled globally between 2020 and 2024, underscoring the Shunt Manganin Market’s expansion in this segment. 

Smart grids and advanced metering systems also contribute significantly to the Shunt Manganin Market, with growing deployments in North America, Europe, and Asia Pacific. These systems require Shunt Manganin for real-time energy monitoring and efficiency optimization. In healthcare, precision current measurement for diagnostic devices such as ECGs and monitoring equipment represents a niche but steadily growing Shunt Manganin Market segment, fueled by digital health adoption. 

By form, the Shunt Manganin Market is segmented into strips and rods, with strips leading due to ease of integration in compact and automated systems. For example, Shunt Manganin strips are extensively used in power meters and electronic circuits, while rods cater to higher power industrial applications, reflecting the diverse requirements served by the Shunt Manganin Market. 

Price Trends and Their Influence on the Shunt Manganin Market 

Shunt Manganin Price and its fluctuations have been a critical factor influencing market dynamics. Over recent years, the Shunt Manganin Price Trend has reflected global raw material volatility, particularly in copper, manganese, and nickel. For instance, sharp increases in copper prices between 2022 and 2024 contributed to a 10-15% rise in Shunt Manganin Price, temporarily impacting production costs and pricing strategies within the Shunt Manganin Market. 

Despite these price pressures, manufacturers have managed to stabilize Shunt Manganin Price by optimizing alloy compositions and production processes. Furthermore, demand from high-growth sectors such as EVs and renewable energy has enabled producers to pass on reasonable price increases, maintaining robust market growth. The Shunt Manganin Price Trend also shows seasonal and geopolitical sensitivities, with trade policies and supply chain disruptions occasionally causing short-term volatility, influencing procurement and inventory decisions in the Shunt Manganin Market. 

Impact of Raw Material Supply on Shunt Manganin Price Trend and Market Stability 

Raw material supply chains play a significant role in shaping the Shunt Manganin Price Trend. Copper, constituting the bulk of Shunt Manganin alloy, often experiences supply-demand imbalances that ripple through the Shunt Manganin Market. For example, global copper demand is projected to grow by 4% annually due to infrastructure and clean energy projects, tightening supply and exerting upward pressure on Shunt Manganin Price. 

Manganese and nickel supply constraints, often driven by mining output and geopolitical factors, further affect cost structures. Producers in the Shunt Manganin Market have increasingly adopted strategic sourcing and inventory management to mitigate these risks. This adaptability helps maintain supply continuity and moderate price volatility, ensuring the Shunt Manganin Market remains resilient even amid raw material challenges. 

Regional Price Variation and Its Effect on Shunt Manganin Market Dynamics 

Shunt Manganin Price exhibits regional variations influenced by production costs, logistics, and trade tariffs. Asia Pacific generally benefits from lower production costs due to scale and labor advantages, resulting in more competitive Shunt Manganin Price points. This price competitiveness supports the region’s dominant market share in Shunt Manganin Market demand, especially in emerging economies. 

Conversely, Europe and North America typically face higher Shunt Manganin Price levels, attributed to stringent quality standards, environmental compliance costs, and advanced manufacturing technology investments. For example, German manufacturers often command premium pricing for high-reliability, customized Shunt Manganin components used in critical automotive and energy applications. These regional price differences influence supply chain decisions, with companies balancing cost and quality when sourcing Shunt Manganin, thus shaping market dynamics. 

Future Outlook: Price Stabilization and Growth Opportunities in the Shunt Manganin Market 

Looking ahead, the Shunt Manganin Price Trend is expected to stabilize as raw material supply chains strengthen and production technologies evolve. Innovations in alloy engineering and manufacturing efficiency are likely to reduce costs, enabling more affordable Shunt Manganin components without sacrificing performance. This will open new market opportunities in sectors previously limited by cost constraints. 

The Shunt Manganin Market is positioned to capitalize on expanding electrification, renewable energy infrastructure, and smart technology adoption. For example, as battery storage systems become more widespread in residential and commercial applications, demand for cost-effective, high-precision Shunt Manganin components will rise. This sustained growth coupled with price stabilization will reinforce the Shunt Manganin Market’s long-term expansion.

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Leading Manufacturers Dominating the Shunt Manganin Market 

The Shunt Manganin Market is characterized by a handful of global manufacturers who dominate due to their advanced metallurgical capabilities, extensive product portfolios, and strong distribution networks. Key players such as Vishay Precision Group, Heraeus Holding, Carpenter Technology Corporation, and Ohmite Manufacturing Co. lead the charge with well-established reputations in precision alloy production. 

Vishay Precision Group is a front-runner in the Shunt Manganin Market, offering specialized shunt resistors and current sensing components under product lines such as the Vishay Dale and Vishay Foil Resistors series. Their foil-based shunt resistors are known for ultra-low temperature coefficients and high stability, making them popular across automotive battery management and energy metering applications. Vishay’s global presence and consistent investment in R&D allow it to command a significant share of the Shunt Manganin Market, particularly in North America and Europe. 

Heraeus Holding also holds a considerable share of the Shunt Manganin Market through its metallurgical expertise and product innovation. Their precision alloy offerings, including Manganin strips and rods, are widely utilized in industrial current sensing and high-power electronics. Heraeus’s strategic focus on sustainable manufacturing and custom alloy development reinforces their position, especially in Europe and Asia Pacific markets. 

Carpenter Technology Corporation, known for its specialty alloys, contributes to the Shunt Manganin Market with high-performance manganin products optimized for harsh environments and long service life. Their product lines cater to aerospace, defense, and medical sectors, where reliability under extreme conditions is paramount. Carpenter’s ability to customize alloy properties helps them capture niche segments within the Shunt Manganin Market. 

Ohmite Manufacturing Co., a specialist in resistive components, is another significant player offering manganin-based shunt resistors tailored for power electronics and industrial automation. Ohmite’s focus on cost-effective solutions combined with dependable performance has expanded their market share, especially in the growing Asia Pacific region. 

Shunt Manganin Market Share Distribution Among Manufacturers 

The Shunt Manganin Market is relatively consolidated, with the top five manufacturers accounting for approximately 60-65% of global market share. Vishay Precision Group alone is estimated to hold close to 20% share, driven by its comprehensive product range and technological leadership. Heraeus Holding and Carpenter Technology Corporation follow, commanding between 12% to 15% each, supported by strong regional presence and diverse industry applications. 

Mid-sized players and regional manufacturers make up the remaining share but are steadily gaining ground by focusing on emerging markets and custom solutions. For example, several Chinese manufacturers have increased production capacity and improved quality to compete effectively, particularly in the Asia Pacific Shunt Manganin Market, which now represents the fastest-growing regional segment. 

Manufacturer Product Lines Driving the Shunt Manganin Market 

The sophistication of product lines is a defining factor differentiating manufacturers in the Shunt Manganin Market. Vishay’s foil resistors, such as the WSBS and WSBSH series, offer precision current sensing with temperature coefficients as low as 2 ppm/°C, suited for electric vehicles and renewable energy systems. Their high-power shunt resistors are designed for applications requiring power ratings up to several hundred watts, reflecting the versatility of Shunt Manganin alloys. 

Heraeus focuses on premium manganin strips and rods, providing customizable dimensions and electrical properties for specific industrial applications. Their product development emphasizes long-term stability and corrosion resistance, enabling use in grid infrastructure and heavy machinery. Heraeus’s innovative alloys extend the functionality of Shunt Manganin, enhancing performance in next-generation power electronics. 

Carpenter Technology’s manganin alloy products include precision strips and rods with exceptional mechanical strength and electrical stability. These are integrated into aerospace avionics, medical devices, and high-end instrumentation, where failure is not an option. Carpenter’s proprietary processing techniques improve uniformity and reduce electrical noise, benefiting the Shunt Manganin Market segments requiring high signal integrity. 

Ohmite’s manganin shunt resistors, offered under the Super Mini and Power Resistor series, are widely recognized for their ruggedness and cost-efficiency. These product lines serve industrial automation, power supplies, and battery management, delivering reliable current sensing at competitive prices. Ohmite continues to expand its portfolio to meet evolving market demands, particularly in emerging economies. 

Recent Industry Developments and Market Player Strategies 

Recent developments in the Shunt Manganin Market highlight manufacturers’ strategic responses to increasing demand and evolving technology needs. In early 2025, Vishay announced an expansion of its manufacturing capacity for foil-based Shunt Manganin resistors in Europe, targeting the electric vehicle sector’s rapid growth. This move aims to reduce lead times and improve supply chain resilience amid rising global demand. 

Heraeus unveiled a new eco-friendly production process for manganin strips in late 2024, reducing energy consumption and waste generation. This initiative aligns with the broader industry push towards sustainable manufacturing practices and is expected to strengthen Heraeus’s market position in regions with strict environmental regulations. 

Carpenter Technology recently launched a series of high-temperature resistant manganin alloys optimized for aerospace and defense applications, addressing the need for components that perform reliably in extreme conditions. This product line enhances Carpenter’s footprint in niche, high-value segments of the Shunt Manganin Market. 

Ohmite’s entry into the Asia Pacific market with localized production facilities in 2024 has improved its competitive stance. By reducing logistics costs and offering region-specific product variations, Ohmite aims to capitalize on the fast-growing industrial automation and renewable energy sectors in this geography. 

Furthermore, industry collaborations have accelerated innovation. For instance, in 2023, a consortium of Shunt Manganin manufacturers and research institutes launched a project focused on developing next-generation alloys with ultra-low temperature coefficients and enhanced durability. This collaborative effort is expected to yield breakthroughs that will benefit the Shunt Manganin Market across multiple end-use industries. 

Outlook on Market Player Competitive Landscape 

The competitive landscape of the Shunt Manganin Market is expected to remain dynamic, with leading manufacturers leveraging technological innovation, regional expansion, and sustainability initiatives to maintain and grow market share. Emerging players focusing on cost efficiency and localized production are poised to challenge incumbents, particularly in fast-developing economies. 

Market players are also investing in digitalization and smart manufacturing to improve product quality and operational efficiency. These initiatives will help manufacturers respond quickly to customized requirements and shifting market demands, further driving the Shunt Manganin Market’s evolution. 

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Market Scenario, Demand vs Supply, Average Product Price, Import vs Export, till 2035

• Global Shunt Manganin Market revenue and demand by region
• Global Shunt Manganin Market production and sales volume
• United States Shunt Manganin Market revenue size and demand by country
• Europe Shunt Manganin Market revenue size and demand by country
• Asia Pacific Shunt Manganin Market revenue size and demand by country
• Middle East & Africa Shunt Manganin Market revenue size and demand by country
• Latin America Shunt Manganin Market revenue size and demand by
• Import-export scenario – United States, Europe, APAC, Latin America, Middle East & Africa
• Average product price – United States, Europe, APAC, Latin America, Middle East & Africa
• Market player analysis, competitive scenario, market share analysis
• Business opportunity analysis

Key questions answered in the Global Shunt Manganin Market Analysis Report:

• What is the market size for Shunt Manganin in United States, Europe, APAC, Middle East & Africa, Latin America?
• What is the yearly sales volume of Shunt Manganin and how is the demand rising?
• Who are the top market players by market share, in each product segment?
• Which is the fastest growing business/ product segment?
• What should be the business strategies and Go to Market strategies?

The report covers Shunt Manganin Market revenue, Production, Sales volume, by regions, (further split into countries): 

• Asia Pacific (China, Japan, South Korea, India, Indonesia, Vietnam, Rest of APAC)
• Europe (UK, Germany, France, Italy, Spain, Benelux, Poland, Rest of Europe)
• North America (United States, Canada, Mexico)
• Latin America (Brazil, Argentina, Rest of Latin America)
• Middle East & Africa

Table of Contents:

Shunt Manganin Market

1. Executive Summary
   • Key Market Insights and Trends
   • Growth Projections and Market Outlook
   • Strategic Insights for Stakeholders
2. Introduction to Shunt Manganin
   • Definition and Composition of Shunt Manganin
   • Unique Properties and Advantages in Electrical Measurement
   • Market Scope and Research Methodology
3. Market Dynamics
   • Key Drivers: Demand in Precision Measurement and Calibration
   • Market Restraints: Cost, Availability of Alternatives, and Technological Challenges
   • Opportunities in High-Precision Instruments and Emerging Markets
   • Industry Trends and Innovations
4. Global Shunt Manganin Market Overview (2020–2035)
   • Market Size, Revenue Analysis, and Growth Forecasts
   • Market Trends and Key Influencing Factors
   • Long-Term Market Outlook and Projections
5. Segmentation by Product Type
   • Standard Shunt Manganin Resistors
   • High Precision and Custom Shunt Manganin
   • Specialized Manganin Alloys
6. Segmentation by Application
   • Electrical and Electronics Measurement Instruments
   • Calibration Equipment
   • Power and Energy Measurement
   • Medical Devices and Diagnostic Tools
   • Automotive and Industrial Applications
7. Segmentation by End-User Industry
   • Industrial Manufacturing
   • Electronics and Electrical
   • Healthcare and Medical
   • Automotive and Aerospace
   • Others (Energy, Telecommunication, etc.)
8. Regional Market Insights
   • North America: Industry Growth, Key Manufacturers, and Market Demand
   • Europe: Market Maturity, Regulatory Landscape, and Technological Advancements
   • Asia Pacific: Emerging Markets, Production Hubs, and Investment Opportunities
   • Latin America: Market Trends, Challenges, and Future Potential
   • Middle East & Africa: Market Expansion, Infrastructure, and Growth Drivers
9. Production and Manufacturing Analysis
   • Global Production Capabilities and Key Manufacturers
   • Manufacturing Techniques and Cost Structures
   • Efficiency, Yield, and Technological Advancements in Production
10. Supply Chain and Distribution Analysis
    • Overview of the Shunt Manganin Supply Chain
    • Key Raw Materials and Suppliers
    • Distribution Channels, Logistics, and Challenges in Supply Chain
11. Import & Export Analysis
    • Trade Dynamics in the Global Shunt Manganin Market
    • Exporting and Importing Countries
    • Impact of Trade Policies, Tariffs, and Global Supply Chains
12. Competitive Landscape
    • Market Share and Competitive Position of Leading Players
    • Competitive Strategies: Innovation, Mergers, Acquisitions, and Strategic Partnerships
    • Profiles of Key Companies and Emerging Market Players
13. Pricing and Cost Structure Analysis
    • Historical Price Trends and Forecast (2020–2035)
    • Pricing Influencers: Raw Material Costs, Technology, and Market Demand
    • Regional Price Comparisons and Cost Drivers
14. Demand and Consumption Analysis
    • Global Demand by Application and Industry
    • Consumption Patterns by Region and Market Segmentation
    • Forecasting Consumption Trends (2020–2035)
15. Technological Innovations and Developments
    • Advances in Manganin Alloy Composition and Performance
    • Research & Development Trends in Electrical Resistance Measurement
    • Future Technologies and Their Impact on the Shunt Manganin Market
16. Regulatory and Industry Standards
    • Regulatory Guidelines and Compliance for Shunt Manganin Products
    • Safety and Quality Standards for Measurement Equipment
    • Environmental Regulations Impacting Production
17. Sustainability and Environmental Impact
    • Sustainable Sourcing and Manufacturing Practices
    • Environmental Footprint of Shunt Manganin Production
    • Recycling and Lifecycle Management
18. Risk Assessment and Market Challenges
    • Market Risks: Economic, Geopolitical, and Environmental Risks
    • Technological and Operational Risks in Production and Supply Chains
    • Risk Mitigation Strategies and Approaches to Ensure Stability
19. Investment Opportunities and Market Expansion
    • High-Growth Areas and Market Segments for Investment
    • Key Investment Trends in Manganin Technology and Manufacturing
    • Strategic Recommendations for New Market Entrants
20. Future Market Outlook (2020–2035)
    • Long-Term Projections for Shunt Manganin Market Growth
    • Emerging Trends and Market Transformations
    • Disruptive Technologies and Their Potential Impact on Market Dynamics
21. Appendix
    • Glossary of Industry Terms and Technical Definitions
    • Research Methodology and Data Sources
    • Abbreviations and Acronyms
22. Company Profiles of Key Industry Players
    • Company Overview, Product Portfolio, and Strategic Objectives
    • Market Share and Competitive Positioning
    • Recent Developments, Innovations, and Key Partnerships
23. FAQs and Expert Insights
    • Frequently Asked Questions About the Shunt Manganin Market
    • Insights from Industry Experts on Trends, Opportunities, and Future Prospects

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