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According to our LPI (LP Information) latest study, the global Chip Resistor market size was valued at US$ 1781.4 million in 2023. With growing demand in downstream market, the Chip Resistor is forecast to a readjusted size of US$ 4174.3 million by 2030 with a CAGR of 12.9% during review period.
The research report highlights the growth potential of the global Chip Resistor market. Chip Resistor are expected to show stable growth in the future market. However, product differentiation, reducing costs, and supply chain optimization remain crucial for the widespread adoption of Chip Resistor. Market players need to invest in research and development, forge strategic partnerships, and align their offerings with evolving consumer preferences to capitalize on the immense opportunities presented by the Chip Resistor market.
A chip resistor also known as surface-mount device or SMD resistor is an integrated circuit (IC) device designed in square or rectangular chip bundles. A chip resistor is a component that opposes the flow of electrical current. It is mainly used to operate, safeguard or control circuits.
Vishay and Yageo are the top 2 manufacturers of chip resistor globally and holds over 30% of global market share. Geographically speaking, China holds over 40% of global market share. In terms of type, thick film resistors segment holds an important share of over 40%. In terms of application, consumer electronics segment holds over 40% of market share, followed by automotive electronics with about 15% share.
Key Features:
The report on Chip Resistor market reflects various aspects and provide valuable insights into the industry.
Market Size and Growth: The research report provide an overview of the current size and growth of the Chip Resistor market. It may include historical data, market Segmentation by Type (e.g., Thin Film Resistors, Thick Film Resistors), and regional breakdowns.
Market Drivers and Challenges: The report can identify and analyse the factors driving the growth of the Chip Resistor market, such as government regulations, environmental concerns, technological advancements, and changing consumer preferences. It can also highlight the challenges faced by the industry, including infrastructure limitations, range anxiety, and high upfront costs.
Competitive Landscape: The research report provides analysis of the competitive landscape within the Chip Resistor market. It includes profiles of key players, their market share, strategies, and product offerings. The report can also highlight emerging players and their potential impact on the market.
Technological Developments: The research report can delve into the latest technological developments in the Chip Resistor industry. This include advancements in Chip Resistor technology, Chip Resistor new entrants, Chip Resistor new investment, and other innovations that are shaping the future of Chip Resistor.
Downstream Procumbent Preference: The report can shed light on customer procumbent behaviour and adoption trends in the Chip Resistor market. It includes factors influencing customer ' purchasing decisions, preferences for Chip Resistor product.
Government Policies and Incentives: The research report analyse the impact of government policies and incentives on the Chip Resistor market. This may include an assessment of regulatory frameworks, subsidies, tax incentives, and other measures aimed at promoting Chip Resistor market. The report also evaluates the effectiveness of these policies in driving market growth.
Environmental Impact and Sustainability: The research report assess the environmental impact and sustainability aspects of the Chip Resistor market.
Market Forecasts and Future Outlook: Based on the analysis conducted, the research report provide market forecasts and outlook for the Chip Resistor industry. This includes projections of market size, growth rates, regional trends, and predictions on technological advancements and policy developments.
Recommendations and Opportunities: The report conclude with recommendations for industry stakeholders, policymakers, and investors. It highlights potential opportunities for market players to capitalize on emerging trends, overcome challenges, and contribute to the growth and development of the Chip Resistor market.
Market Segmentation:
Chip Resistor market is split by Type and by Application. For the period 2019-2030, the growth among segments provides accurate calculations and forecasts for consumption value by Type, and by Application in terms of volume and value.
Segmentation by type
- Thin Film Resistors
- Thick Film Resistors
- Foil Resistors
Segmentation by application
- Consumer Electronics
- Automotive Electronics
- Industrial and Measurement Equipment
- Medical Equipment
- Communication Device
- Others
This report also splits the market by region:
- Americas
- - United States
- - Canada
- - Mexico
- - Brazil
- APAC
- - China
- - Japan
- - Korea
- - Southeast Asia
- - India
- - Australia
- Europe
- - Germany
- - France
- - UK
- - Italy
- - Russia
- Middle East & Africa
- - Egypt
- - South Africa
- - Israel
- - Turkey
- - GCC Countries
The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
- Vishay
- KOA
- Susumu
- Viking Tech
- Panasonic
- Yageo
- Walsin Technology
- Bourns
- TE Connectivity
- Samsung Electro-Mechanics
- Ta-I Technology
- Uniohm
- Ralec Electronics
- Ever Ohms
- Rohm
- Fenghua Advanced Technology
- Tateyama Kagaku Industry
- Elektronische Bauelemente GmbH
Key Questions Addressed in this Report
What is the 10-year outlook for the global Chip Resistor market?
What factors are driving Chip Resistor market growth, globally and by region?
Which technologies are poised for the fastest growth by market and region?
How do Chip Resistor market opportunities vary by end market size?
How does Chip Resistor break out type, application?