Chip Resistor Market: Regional Share, Trends, Competitor Analysis 2017 to 2021 and Forecast 2022 to 2028

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Chip Resistor Market: By Technology (Thick Film, Thin Film,  Others) by End-Use (Consumer Electronics, Industrial, Automotive and Transportation, Telecommunication, Aerospace and Defense, Others) and Geography

 

 

 

 

 

 

 

 

 

 

 

 

 

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Report

Description

Chip Resistor Market is estimated to be valued at USD 1,498.3 Million in 2021 and is poised to grow at a significant CAGR of 6.2% over 2022-2028. Chip resistors can restrict DC or AC, which is used to lower the voltage or maintain the current at a specified dimension inside an electronic circuit. Resistors might have a set resistance value or be variable or changeable within a defined range. They can be used to safeguard, power, or regulate circuits. Chip resistors are used in various sectors, including consumer electronics, industrial manufacturing, automotive and transportation, medical, communications, aerospace, and defense. Chip resistors are well-suited for usage in the telecommunications, automotive, and consumer electronics sectors, such as radio and tape recorders, TV tuners, video cameras, watches, and pocket calculators where they may be used in DC-to-DC conversion, AC adaptors, and so on. Based on technology, the global chip resistor market has been segmented into thick film, thin film, and others into which the thick film segment is anticipated to grow in the forecasting period owing to this thick film resistor segment is driven by the growing vehicle industry, consumer electronics, and telecommunications equipment. Rising IC and electric and hybrid vehicle sales, as well as regulatory mandates to increase fuel efficiency and safety regulations, have prompted OEMs to install more electrical and electronic components, propelling the automotive industry. Furthermore, significant technological advancements in electronic products and the growing use of fast networks (4G/5G networks) throughout the world have raised the demand for things such as thick film power resistors. These factors are expected to fuel the broad film resistor segment in the future years. The rising digitization of many sectors throughout the world is driving the chip resistor market expansion. Sensors, data capture, robots, processing power, and connection advancements enable firms to make meaningful improvements to improve production, service, and supply chains. Furthermore, the growing use of electronics in vehicles is fueling the growth of the chip resistors industry. In addition, the expansion of data centre infrastructure is driving demand for chip resistors. The variable pricing of raw materials, on the other hand, poses a challenge to the chip resistor business.

Key Developments:

In September 2022, TT Electronics launches high-power, high-precision chip resistors on AIN ceramic substrate.

In May 2022. Element14 Announced Availability of Latest Chip Resistors from Panasonic

Chip Resistor Market

MARKET SUMMARY
-
6.2%
  • Study Period– 2022-2028
  • Base Year– 2021
  • CAGR– 6.2%
  • Largest Market– North American
  • Fastest Growing Market– Asia-Pacific

Chip Resistor Market

  • The chip resistor market report gives comprehensive outlook across the region with special emphasis on key regions such as North America, Europe, Asia Pacific, Latin America and Middle East and Africa.
  • The chip resistor market is segmented based on technology, end-use and geography.
Key Players
  • Bourns Inc.,
  • TE Connectivity
  • Vishay Intertechnology Inc.,
  • Koa Corporation
  • Tzai Yuan Enterprise Co.
Chip Resistor Market Dynamics

The demand for electronics like smartphones and the expansion of applications such as the Internet of Things and cloud computing is projected to fuel growth in the global chip resistor market. The incorporation of new technologies such as AI and 5G networks, as well as significant expansion in automotive and industrial electronics, are likely to be important driving drivers in the market. For example, Vishay Inter Technology, a semiconductor and passive electronic component manufacturer, introduced a high precision thin film wraparound chip resistor in May 2021 that delivers a tight TCR of 2 ppm/°Cover 100 to 3.05 M resistance range used in industrial, medical, military, and aerospace applications.


North America Got Significant Share

Chip Resistor Market

The Chip Resistor market in North America is likely to hold the highest revenue share of in 2021 and same trend is expected over the forecast period due to geographically. Asia Pacific is one of the significant electronic device manufacturing countries due to China's bulk production and resource availability, whereas Europe is predicted to be the top electronic device customer. Semiconductor sales are predicted to increase by around 15% by 2020. During the projected period, the automotive segment is expected to be the largest market for thick film resistors in the end-use industry. The need for thick film resistors would likely rise as the desire for rapid internet access, consumer electronics, and delicate luxury features rises. Government regulations requiring high safety equipment installation have raised the demand for high precision chip resistors in Europe and North America.

Latin America
Latin-America
North-America
North-America
Europe
Europe
Asia Pacific
Asia-Pacific
Middle East
Middle East

Key

Key Features of the Report

  • The report provides granular level information about the market size, regional market share and forecast from 2021-2027
  • The report covers in-detail insights about the competitor’s overview, key findings and their key strategies
  • The report outlines drivers, restraints, challenges, and trends that are currently faced by the industry
  • The report tracks recent innovations, key developments and startup’s details that are working in the industry
  • The report provides plethora of information about market entry strategies, regulatory framework and reimbursement scenario
Chip Resistor Market Segmentation


Location

GEOGRAPHY

Frequently Asked Questions

The chip resistor market is projected to expand at a CAGR of 6.2% during the forecast period

Bourns Inc., TE Connectivity, Vishay Intertechnology Inc., Koa Corporation, Tzai Yuan Enterprise Co., International Manufacturing Services, Yageo Corporation, Rohm Semiconductor, AVX Corporation, Susumu Co. Ltd.

North America is the fastest-growing region for chip resistor market


Report

Table Of Content

1. Executive Summary
2. Global Chip Resistor Market Introduction
2.1. Global Chip Resistor Market – Taxonomy
2.2. Global Chip Resistor Market –Definitions
2.2.1. By Technology
2.2.2. By End-Use
2.2.3. Region
3. Global Chip Resistor Market Dynamics
3.1. Drivers
3.2. Restraints
3.3. Opportunities/Unmet Needs of the Market
3.4. Trends
3.5. Global Chip Resistor Market Dynamic Factors – Impact Analysis
3.6. Global Chip Resistor Market – Competition Landscape
4. Global Chip Resistor Market Analysis, 2017 – 2021 and Forecast, 2022 – 2028
4.1. Market Analysis, 2017 – 2021 and Forecast, 2022 – 2028 (Revenue, USD Mn)
4.2. Year-over-Year (Y-o-Y) Growth Analysis (%)
4.3. Market Opportunity Analysis
5. Global Chip Resistor Market, By Technology, 2017 – 2021 and Forecast, 2022 – 2028 (Revenue, USD Mn)
5.1. Thick Film
5.1.1. Market Analysis, 2017 – 2021 and Forecast, 2022 – 2028 (Revenue, USD Mn)
5.1.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
5.1.3. Market Opportunity Analysis
5.2. Thin Film
5.2.1. Market Analysis, 2017 – 2021 and Forecast, 2022 – 2028 (Revenue, USD Mn)
5.2.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
5.2.3. Market Opportunity Analysis
5.3. Others
5.3.1. Market Analysis, 2017 – 2021 and Forecast, 2022 – 2028 (Revenue, USD Mn)
5.3.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
5.3.3. Market Opportunity Analysis
6. Global Chip Resistor Market Forecast, By End-Use, 2017 – 2021 and Forecast, 2022 – 2028
6.1. Consumer Electronics
6.1.1. Market Analysis, 2017 – 2021 and Forecast, 2022 – 2028 (Revenue, USD Mn)
6.1.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
6.1.3. Market Opportunity Analysis
6.2. Industrial
6.2.1. Market Analysis, 2017 – 2021 and Forecast, 2022 – 2028 (Revenue, USD Mn)
6.2.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
6.2.3. Market Opportunity Analysis
6.3. Automotive and Transportation
6.3.1. Market Analysis, 2017 – 2021 and Forecast, 2022 – 2028 (Revenue, USD Mn)
6.3.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
6.3.3. Market Opportunity Analysis
6.4. Telecommunication
6.4.1. Market Analysis, 2017 – 2021 and Forecast, 2022 – 2028 (Revenue, USD Mn)
6.4.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
6.4.3. Market Opportunity Analysis
6.5. Aerospace and Defense
6.5.1. Market Analysis, 2017 – 2021 and Forecast, 2022 – 2028 (Revenue, USD Mn)
6.5.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
6.5.3. Market Opportunity Analysis
6.6. Others
6.6.1. Market Analysis, 2017 – 2021 and Forecast, 2022 – 2028 (Revenue, USD Mn)
6.6.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
6.6.3. Market Opportunity Analysis
7. Global Chip Resistor Market Forecast, By Region, 2017 – 2021 and Forecast, 2022 – 2028 (Revenue, USD Mn)
7.1. North America
7.1.1. Market Analysis, 2017 – 2021 and Forecast, 2022 – 2028 (Revenue, USD Mn)
7.1.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
7.1.3. Market Opportunity Analysis
7.2. Europe
7.2.1. Market Analysis, 2017 – 2021 and Forecast, 2022 – 2028 (Revenue, USD Mn)
7.2.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
7.2.3. Market Opportunity Analysis
7.3. Asia-Pacific
7.3.1. Market Analysis, 2017 – 2021 and Forecast, 2022 – 2028 (Revenue, USD Mn)
7.3.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
7.3.3. Market Opportunity Analysis
7.4. Latin America
7.4.1. Market Analysis, 2017 – 2021 and Forecast, 2022 – 2028 (Revenue, USD Mn)
7.4.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
7.4.3. Market Opportunity Analysis
7.5. Middle East and Africa
7.5.1. Market Analysis, 2017 – 2021 and Forecast, 2022 – 2028 (Revenue, USD Mn)
7.5.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
7.5.3. Market Opportunity Analysis
7.6. Global Chip Resistor Market – Opportunity Analysis Index, By Technology, End Use, and Region, 2022 – 2028
8. North America Chip Resistor Market Analysis, 2017 – 2021 and Forecast, 2022 – 2028 (Revenue, USD Mn)
8.1. By Technology Analysis 2017 – 2021 and Forecast 2022 – 2028 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%)
8.1.1. Thick Film
8.1.2. Thin Film
8.1.3. Others
8.2. By End-Use Analysis 2017 – 2021 and Forecast 2022 – 2028 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%)
8.2.1. Consumer Electronics
8.2.2. Industrial
8.2.3. Automotive and Transportation
8.2.4. Telecommunication
8.2.5. Aerospace and Defense
8.2.6. Others
8.3. Country Analysis 2017 – 2021 and Forecast 2022 – 2028 by Revenue (USD Mn) Y-o-Y Growth (%) and Market Share (%)
8.3.1. USA
8.3.2. Canada
8.4. North America Chip Resistor Market – Opportunity Analysis Index, By Technology, End Use, and Country, 2022 – 2028
8.5. North America Chip Resistor Market Dynamics – Trends
9. Europe Chip Resistor Market Analysis, 2017 – 2021 and Forecast, 2022 – 2028 (Revenue, USD Mn)
9.1. By Technology Analysis 2017 – 2021 and Forecast 2022 – 2028 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%)
9.1.1. Thick Film
9.1.2. Thin Film
9.1.3. Others
9.2. By End-Use Analysis 2017 – 2021 and Forecast 2022 – 2028 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%)
9.2.1. Consumer Electronics
9.2.2. Industrial
9.2.3. Automotive and Transportation
9.2.4. Telecommunication
9.2.5. Aerospace and Defense
9.2.6. Others
9.3. Country Analysis 2017 – 2021 and Forecast 2022 – 2028 by Revenue (USD Mn) Y-o-Y Growth (%) and Market Share (%)
9.3.1. Germany
9.3.2. UK
9.3.3. France
9.3.4. Spain
9.3.5. Italy
9.3.6. Rest of Europe
9.4. Europe Chip Resistor Market – Opportunity Analysis Index, By Technology, End Use, and Country, 2022 – 2028
9.5. Europe Chip Resistor Market Dynamics – Trends
10. Asia-Pacific Chip Resistor Market Analysis, 2017 – 2021 and Forecast, 2022 – 2028 (Revenue, USD Mn)
10.1. By Technology Analysis 2017 – 2021 and Forecast 2022 – 2028 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%)
10.1.1. Thick Film
10.1.2. Thin Film
10.1.3. Others
10.2. By End-Use Analysis 2017 – 2021 and Forecast 2022 – 2028 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%)
10.2.1. Consumer Electronics
10.2.2. Industrial
10.2.3. Automotive and Transportation
10.2.4. Telecommunication
10.2.5. Aerospace and Defense
10.2.6. Others
10.3. Country Analysis 2017 – 2021 and Forecast 2022 – 2028 by Revenue (USD Mn) Y-o-Y Growth (%) and Market Share (%)
10.3.1. Japan
10.3.2. China
10.3.3. India
10.3.4. ASEAN
10.3.5. Australia & New Zealand
10.3.6. Rest of Asia-Pacific
10.4. Asia-Pacific Chip Resistor Market – Opportunity Analysis Index, By Technology, End Use, and Country, 2022 – 2028
10.5. Asia-Pacific Chip Resistor Market Dynamics – Trends
11. Latin America Chip Resistor Market Analysis, 2017 – 2021 and Forecast, 2022 – 2028 (Revenue, USD Mn)
11.1. By Technology Analysis 2017 – 2021 and Forecast 2022 – 2028 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%)
11.1.1. Thick Film
11.1.2. Thin Film
11.1.3. Others
11.2. By End-Use Analysis 2017 – 2021 and Forecast 2022 – 2028 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%)
11.2.1. Consumer Electronics
11.2.2. Industrial
11.2.3. Automotive and Transportation
11.2.4. Telecommunication
11.2.5. Aerospace and Defense
11.2.6. Others
11.3. Country Analysis 2017 – 2021 and Forecast 2022 – 2028 by Revenue (USD Mn) Y-o-Y Growth (%) and Market Share (%)
11.3.1. Brazil
11.3.2. Mexico
11.3.3. Argentina
11.3.4. Rest of Latin America
11.4. Latin America Chip Resistor Market – Opportunity Analysis Index, By Technology, End Use, and Country, 2022 – 2028
11.5. Latin America Chip Resistor Market Dynamics – Trends
12. Middle East and Africa Chip Resistor Market Analysis, 2017 – 2021 and Forecast, 2022 – 2028 (Revenue, USD Mn)
12.1. By Technology Analysis 2017 – 2021 and Forecast 2022 – 2028 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%)
12.1.1. Thick Film
12.1.2. Thin Film
12.1.3. Others
12.2. By End-Use Analysis 2017 – 2021 and Forecast 2022 – 2028 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%)
12.2.1. Consumer Electronics
12.2.2. Industrial
12.2.3. Automotive and Transportation
12.2.4. Telecommunication
12.2.5. Aerospace and Defense
12.2.6. Others
12.3. Country Analysis 2017 – 2021 and Forecast 2022 – 2028 by Revenue (USD Mn) Y-o-Y Growth (%) and Market Share (%)
12.3.1. Gulf Cooperation Council (GCC) Countries
12.3.2. Israel
12.3.3. South Africa
12.3.4. Rest of MEA
12.4. MEA Chip Resistor Market – Opportunity Analysis Index, By Technology, End Use, and Country, 2022 – 2028
12.5. MEA Chip Resistor Market Dynamics – Trends
13. Competition Landscape 
13.1. Strategic Dashboard of Top Market Players
13.2. Company Profiles (Introduction, Financial Analysis, Sales Channel & Service Offerings, Key Developments, Strategies, and SWOT Analysis)
13.2.1. Bourns Inc.,
13.2.2. TE Connectivity
13.2.3. Vishay Intertechnology Inc.,
13.2.4. Koa Corporation
13.2.5. Tzai Yuan Enterprise Co.
13.2.6. International Manufacturing Services
13.2.7. Yageo Corporation
13.2.8. Rohm Semiconductor
13.2.9. AVX Corporation
13.2.10. Susumu Co. Ltd.
14. Research Methodology
15. Key Assumptions and Acronyms

Report

Company Profile

  • Bourns Inc.,
  • TE Connectivity
  • Vishay Intertechnology Inc.,
  • Koa Corporation
  • Tzai Yuan Enterprise Co.
  • International Manufacturing Services
  • Yageo Corporation
  • Rohm Semiconductor
  • AVX Corporation
  •  Susumu Co. Ltd.

Description

Chip Resistor Market is estimated to be valued at USD 1,498.3 Million in 2021 and is poised to grow at a significant CAGR of 6.2% over 2022-2028. Chip resistors can restrict DC or AC, which is used to lower the voltage or maintain the current at a specified dimension inside an electronic circuit. Resistors might have a set resistance value or be variable or changeable within a defined range. They can be used to safeguard, power, or regulate circuits. Chip resistors are used in various sectors, including consumer electronics, industrial manufacturing, automotive and transportation, medical, communications, aerospace, and defense. Chip resistors are well-suited for usage in the telecommunications, automotive, and consumer electronics sectors, such as radio and tape recorders, TV tuners, video cameras, watches, and pocket calculators where they may be used in DC-to-DC conversion, AC adaptors, and so on. Based on technology, the global chip resistor market has been segmented into thick film, thin film, and others into which the thick film segment is anticipated to grow in the forecasting period owing to this thick film resistor segment is driven by the growing vehicle industry, consumer electronics, and telecommunications equipment. Rising IC and electric and hybrid vehicle sales, as well as regulatory mandates to increase fuel efficiency and safety regulations, have prompted OEMs to install more electrical and electronic components, propelling the automotive industry. Furthermore, significant technological advancements in electronic products and the growing use of fast networks (4G/5G networks) throughout the world have raised the demand for things such as thick film power resistors. These factors are expected to fuel the broad film resistor segment in the future years. The rising digitization of many sectors throughout the world is driving the chip resistor market expansion. Sensors, data capture, robots, processing power, and connection advancements enable firms to make meaningful improvements to improve production, service, and supply chains. Furthermore, the growing use of electronics in vehicles is fueling the growth of the chip resistors industry. In addition, the expansion of data centre infrastructure is driving demand for chip resistors. The variable pricing of raw materials, on the other hand, poses a challenge to the chip resistor business.

Key Developments:

In September 2022, TT Electronics launches high-power, high-precision chip resistors on AIN ceramic substrate.

In May 2022. Element14 Announced Availability of Latest Chip Resistors from Panasonic

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