Consumer Insights
Uncover trends and behaviors shaping consumer choices today
Procurement Insights
Optimize your sourcing strategy with key market data
Industry Stats
Stay ahead with the latest trends and market analysis.
Base Year
Historical Year
Forecast Year
The global chip resistor market attained a value of nearly USD 1.20 billion in 2023. The market is estimated to grow in the forecast period of 2024-2032 at a CAGR of 6.2% to reach about USD 2.05 billion by 2032.
Read more about this report - REQUEST FREE SAMPLE COPY IN PDF
The Asia Pacific region is anticipated to register robust growth in the global chip resistor industry during the forecast period on account of the huge production of electronic devices, along with the availability of resources in countries like China. With the expansion and development of the consumer electronics manufacturing sector, coupled with the emerging economic growth of the region, the market for chip resistor is likely to robustly grow in the Asia Pacific region over the coming years. Moreover, the surging adoption of EVs and advancements in electric and hybrid vehicles in the region are likely to enhance the demand for integrated circuits, hence driving the market growth of the chip resistor. The introduction of various favourable government initiatives to boost chip manufacturing is expected to bolster the market demand for chip resistor in the region. For Instance, in December 2021, the Indian government unveiled a plan of INR 76000 crore to encourage chip-making in the country.
A chip resistor refers to a component that restricts the flow of electrical current. It is primarily used to operate, control or safeguard circuits. It is also known as an SMD resistor or surface-mount device and finds extensive application in various end-use industries like automotive and electronics, among others.
Read more about this report - REQUEST FREE SAMPLE COPY IN PDF
The market for chip resistors, by type, is divided into:
The market can be broadly categorised on the basis of shape segments into:
Based on application, the market is segmented into:
The EMR report looks into the regional markets of chip resistor like Latin America, North America, Europe, the Asia Pacific, and the Middle East and Africa.
Read more about this report - REQUEST FREE SAMPLE COPY IN PDF
The global chip resistor market is being driven by the increasing utilisation of the product in electronics and automotive applications. Going further, with the surging novel innovations like high-definition equipment and eco-friendly electronic products, the demand for products is escalating in the electronics industry, which is fuelling the market growth of chip resistors. The rapid digitisation in various industries like telecommunication, robotics, and software, among others, is further driving the market growth of chip resistor. The growing technological developments in the medical industry and the rising utilisation of portable medical equipment are bolstering the demand for chip resistors. Moreover, the performance requirements of resistors utilised in automatic external defibrillators (AEDs), including cardiac monitoring circuits are extremely demanding. This, in turn, is surging the utilisation of chip resistors that can withstand high voltages and dissipate about 10W of power while providing voltage linearity and temperature stability, which is further bolstering the market for chip resistors.
The report presents a detailed analysis of the following key players in the global chip resistor market, looking into their capacity, market shares, and latest developments like capacity expansions, plant turnarounds, and mergers and acquisitions:
The comprehensive report looks into the macro and micro aspects of the market. The EMR report gives an in-depth insight into the market by providing a SWOT analysis as well as an analysis of Porter’s Five Forces model.
REPORT FEATURES | DETAILS |
Base Year | 2023 |
Historical Period | 2018-2023 |
Forecast Period | 2024-2032 |
Scope of the Report |
Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment:
|
Breakup by Type |
|
Breakup by Shape |
|
Breakup by Application |
|
Breakup by Region |
|
Market Dynamics |
|
Competitive Landscape |
|
Companies Covered |
|
Report Price and Purchase Option | Explore our purchase options that are best suited to your resources and industry needs. |
Delivery Format | Delivered as an attached PDF and Excel through email, with an option of receiving an editable PPT, according to the purchase option. |
*While we strive to always give you current and accurate information, the numbers depicted on the website are indicative and may differ from the actual numbers in the main report. At Expert Market Research, we aim to bring you the latest insights and trends in the market. Using our analyses and forecasts, stakeholders can understand the market dynamics, navigate challenges, and capitalize on opportunities to make data-driven strategic decisions.*
Get in touch with us for a customized solution tailored to your unique requirements and save upto 35%!
In 2023, the global chip resistor market attained a value of nearly USD 1.20 billion.
The market is assessed to grow at a CAGR of 6.2% between 2024 and 2032.
The market is estimated to witness healthy growth in the forecast period of 2024-2032 to reach almost USD 2.05 billion by 2032.
The major market drivers include the rising manufacturing of consumer electronics, increasing digitisation in several industries, and introduction of various government initiatives to boost chip manufacturing.
The key market trends guiding the growth of the market include the growing adoption of chip resistors in various industries like automotive and transportation, the increasing use of portable medical devices, and technological advancements and innovations in the market.
The major regions in the market are North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa.
The various types of chip resistors in the market are thick chip resistor, thin chip resistor, general purpose chip resistors, and current-sensing resistor, among others.
The different shapes of chip resistor include square and rectangular.
The several applications of chip resistors in the market are industrial, consumer electronics, automotive and transportation, telecommunication, aerospace and defence, and medical, among others.
The major players in the market are ROHM CO., LTD., YAGEO Group, TE Connectivity Corporation, Bourns, Inc., and Panasonic Industry Co., Ltd. (Panasonic Corporation), among others.
Purchase Full Report
Datasheet
Single User License
One User
Five User License
Five Users
Corporate License
Unlimited Users
How To Order
Our step-by-step guide will help you select, purchase, and access your reports swiftly, ensuring you get the information that drives your decisions, right when you need it.
Select License Type
Choose the right license for your needs and access rights.
Click on ‘Buy Now’
Add the report to your cart with one click and proceed to register.
Select Mode of Payment
Choose a payment option for a secure checkout. You will be redirected accordingly.
Gain insights to stay ahead and seize opportunities.
Get insights & trends for a competitive edge.
Track prices with detailed trend reports.
Analyse trade data for supply chain insights.
Leverage cost reports for smart savings
Enhance supply chain with partnerships.
Connect For More Information
Our expert team of analysts will offer full support and resolve any queries regarding the report, before and after the purchase.
Our expert team of analysts will offer full support and resolve any queries regarding the report, before and after the purchase.
We employ meticulous research methods, blending advanced analytics and expert insights to deliver accurate, actionable industry intelligence, staying ahead of competitors.
Our skilled analysts offer unparalleled competitive advantage with detailed insights on current and emerging markets, ensuring your strategic edge.
We offer an in-depth yet simplified presentation of industry insights and analysis to meet your specific requirements effectively.
Australia
63 Fiona Drive, Tamworth, NSW
+61 448 06 17 27
India
C130 Sector 2 Noida, Uttar Pradesh 201301
+91-858-608-1494
Philippines
40th Floor, PBCom Tower, 6795 Ayala Avenue Cor V.A Rufino St. Makati City,1226.
+63 287899028, +63 967 048 3306
United Kingdom
6 Gardner Place, Becketts Close, Feltham TW14 0BX, Greater London
+44-753-713-2163
United States (Head Office)
30 North Gould Street, Sheridan, WY 82801
+1-415-325-5166
Vietnam
193/26/4 St.no.6, Ward Binh Hung Hoa, Binh Tan District, Ho Chi Minh City
+84865399124