Chip Resistor Market Trends, Size, Analysis 2031
The Chip Resistor Market is expected to register a CAGR of 6.2% from 2023 to 2031, with a market size expanding from US$ XX million in 2023 to US$ XX Million by 2031.
The report is segmented by Type (Thick chip Resistor, Thin Chip Resistor, Current-Sensing Resistor, General Purpose Chip Resistors), Application (Consumer electronics, Automotive & Transportation, Medical, Telecommunication, Aerospace & Defence). The global analysis is further broken-down at regional level and major countries. The report offers the value in USD for the above analysis and segments
Purpose of the ReportThe report Chip Resistor Market by The Insight Partners aims to describe the present landscape and future growth, top driving factors, challenges, and opportunities. This will provide insights to various business stakeholders, such as:
- Technology Providers/Manufacturers: To understand the evolving market dynamics and know the potential growth opportunities, enabling them to make informed strategic decisions.
- Investors: To conduct a comprehensive trend analysis regarding the market growth rate, market financial projections, and opportunities that exist across the value chain.
- Regulatory bodies: To regulate policies and police activities in the market with the aim of minimizing abuse, preserving investor trust and confidence, and upholding the integrity and stability of the market.
Chip Resistor Market Segmentation
Type- Thick chip Resistor
- Thin Chip Resistor
- Current-Sensing Resistor
- General Purpose Chip Resistors
- Consumer electronics
- Automotive & Transportation
- Medical
- Telecommunication
- Aerospace & Defence
Strategic Insights
Chip Resistor Market Growth Drivers- Growth in Consumer Electronics: The increasing demand for consumer electronics, including smartphones, wearables, and IoT devices, is a major driver for the chip resistor market. These devices require smaller, more efficient, and reliable components like chip resistors to optimize performance and reduce size. As consumer electronics continue to evolve and proliferate globally, the need for high-performance chip resistors in these products grows.
- Advancements in Automotive Electronics: The automotive industry's shift toward more advanced electronic systems, such as electric vehicles (EVs) and autonomous driving technology, is driving the demand for chip resistors. These resistors are critical for the performance and safety of various automotive systems, including power control, battery management, and sensor systems, contributing significantly to market growth.
- Miniaturization and Increased Efficiency: There is a growing trend towards the miniaturization of chip resistors, as electronic devices demand smaller, more efficient components. As technologies like 5G, IoT, and EVs require compact and high-performance parts, chip resistors are becoming smaller while maintaining or even improving their efficiency and reliability. This trend aligns with the overall push for more lightweight, space-efficient electronics.
- Rising Focus on High-Power Resistors: As industries such as automotive and industrial automation require more power-efficient solutions, the demand for high-power chip resistors is on the rise. These resistors are designed to handle higher voltages and current levels while ensuring long-term stability, making them particularly crucial in high-performance applications like power electronics, renewable energy systems, and EV charging infrastructure.
- Expansion in Electric Vehicle Market: The rapid growth of the electric vehicle market presents a significant opportunity for chip resistors. EVs rely on sophisticated electronic systems for battery management, power control, and regenerative braking, all of which require high-performance chip resistors. The ongoing expansion of the EV industry offers a substantial growth opportunity for manufacturers of chip resistors.
- Adoption of 5G Technology: With the global rollout of 5G technology, there is an increasing need for advanced electronic components like chip resistors. 5G infrastructure and devices require high-frequency, reliable components for efficient operation. As 5G adoption accelerates, the demand for chip resistors in communication devices, base stations, and network equipment is expected to rise significantly.
Market Report Scope
Key Selling Points
- Comprehensive Coverage: The report comprehensively covers the analysis of products, services, types, and end users of the Chip Resistor Market, providing a holistic landscape.
- Expert Analysis: The report is compiled based on the in-depth understanding of industry experts and analysts.
- Up-to-date Information: The report assures business relevance due to its coverage of recent information and data trends.
- Customization Options: This report can be customized to cater to specific client requirements and suit the business strategies aptly.
The research report on the Chip Resistor Market can, therefore, help spearhead the trail of decoding and understanding the industry scenario and growth prospects. Although there can be a few valid concerns, the overall benefits of this report tend to outweigh the disadvantages.
REGIONAL FRAMEWORK
Have a question?
Naveen
Naveen will walk you through a 15-minute call to present the report’s content and answer all queries if you have any.
Speak to Analyst
- Sample PDF showcases the content structure and the nature of the information with qualitative and quantitative analysis.
- Request discounts available for Start-Ups & Universities
- Sample PDF showcases the content structure and the nature of the information with qualitative and quantitative analysis.
- Request discounts available for Start-Ups & Universities
Report Coverage
Revenue forecast, Company Analysis, Industry landscape, Growth factors, and Trends
Segment Covered
This text is related
to segments covered.
Regional Scope
North America, Europe, Asia Pacific, Middle East & Africa, South & Central America
Country Scope
This text is related
to country scope.
Frequently Asked Questions
The Chip Resistor Market is estimated to witness a CAGR of 6.2% from 2023 to 2031
Booming consumer electronics sector and shift towards electric vehicles (EVs) and advanced driver-assistance systems (ADAS): are the major factors driving the chip resistor market
Increased use of thin-film resistors is anticipated to play a significant role in the global chip resistor market in the coming years
The report can be delivered in PDF/PPT format; we can also share excel dataset based on the request
Some of the customization options available based on the request are an additional 3–5 company profiles and country-specific analysis of 3–5 countries of your choice. Customizations are to be requested/discussed before making final order confirmation# as our team would review the same and check the feasibility
1. INTRODUCTION
1.1. SCOPE OF THE STUDY
1.2. THE INSIGHT PARTNERS RESEARCH REPORT GUIDANCE
1.3. MARKET SEGMENTATION
1.3.1 Chip Resistor Market - By Technology
1.3.2 Chip Resistor Market - By Application
1.3.3 Chip Resistor Market - By Region
1.3.3.1 By Country
2. KEY TAKEAWAYS
3. RESEARCH METHODOLOGY
4. CHIP RESISTOR MARKET LANDSCAPE
4.1. OVERVIEW
4.2. PEST ANALYSIS
4.2.1 North America - Pest Analysis
4.2.2 Europe - Pest Analysis
4.2.3 Asia-Pacific - Pest Analysis
4.2.4 Rest of the World - Pest Analysis
4.3. ECOSYSTEM ANALYSIS
4.4. EXPERT OPINIONS
5. CHIP RESISTOR MARKET - KEY MARKET DYNAMICS
5.1. KEY MARKET DRIVERS
5.2. KEY MARKET RESTRAINTS
5.3. KEY MARKET OPPORTUNITIES
5.4. FUTURE TRENDS
5.5. IMPACT ANALYSIS OF DRIVERS, RESTRAINTS & EXPECTED INFLUENCE OF COVID-19 PANDEMIC
6. CHIP RESISTOR MARKET - GLOBAL MARKET ANALYSIS
6.1. CHIP RESISTOR - GLOBAL MARKET OVERVIEW
6.2. CHIP RESISTOR - GLOBAL MARKET AND FORECAST TO 2028
6.3. MARKET POSITIONING/MARKET SHARE
7. CHIP RESISTOR MARKET - REVENUE AND FORECASTS TO 2028 - TECHNOLOGY
7.1. OVERVIEW
7.2. TECHNOLOGY MARKET FORECASTS AND ANALYSIS
7.3. THICK FILM
7.3.1. Overview
7.3.2. Thick Film Market Forecast and Analysis
7.4. THIN FILM
7.4.1. Overview
7.4.2. Thin Film Market Forecast and Analysis
8. CHIP RESISTOR MARKET - REVENUE AND FORECASTS TO 2028 - APPLICATION
8.1. OVERVIEW
8.2. APPLICATION MARKET FORECASTS AND ANALYSIS
8.3. CONSUMER ELECTRONICS
8.3.1. Overview
8.3.2. Consumer Electronics Market Forecast and Analysis
8.4. MEDICAL
8.4.1. Overview
8.4.2. Medical Market Forecast and Analysis
8.5. INDUSTRIAL
8.5.1. Overview
8.5.2. Industrial Market Forecast and Analysis
8.6. AUTOMOTIVE AND TRANSPORTATION
8.6.1. Overview
8.6.2. Automotive and Transportation Market Forecast and Analysis
8.7. AEROSPACE AND DEFENSE
8.7.1. Overview
8.7.2. Aerospace and Defense Market Forecast and Analysis
8.8. TELECOMMUNICATION
8.8.1. Overview
8.8.2. Telecommunication Market Forecast and Analysis
8.9. OTHERS
8.9.1. Overview
8.9.2. Others Market Forecast and Analysis
9. CHIP RESISTOR MARKET REVENUE AND FORECASTS TO 2028 - GEOGRAPHICAL ANALYSIS
9.1. NORTH AMERICA
9.1.1 North America Chip Resistor Market Overview
9.1.2 North America Chip Resistor Market Forecasts and Analysis
9.1.3 North America Chip Resistor Market Forecasts and Analysis - By Technology
9.1.4 North America Chip Resistor Market Forecasts and Analysis - By Application
9.1.5 North America Chip Resistor Market Forecasts and Analysis - By Countries
9.1.5.1 United States Chip Resistor Market
9.1.5.1.1 United States Chip Resistor Market by Technology
9.1.5.1.2 United States Chip Resistor Market by Application
9.1.5.2 Canada Chip Resistor Market
9.1.5.2.1 Canada Chip Resistor Market by Technology
9.1.5.2.2 Canada Chip Resistor Market by Application
9.1.5.3 Mexico Chip Resistor Market
9.1.5.3.1 Mexico Chip Resistor Market by Technology
9.1.5.3.2 Mexico Chip Resistor Market by Application
9.2. EUROPE
9.2.1 Europe Chip Resistor Market Overview
9.2.2 Europe Chip Resistor Market Forecasts and Analysis
9.2.3 Europe Chip Resistor Market Forecasts and Analysis - By Technology
9.2.4 Europe Chip Resistor Market Forecasts and Analysis - By Application
9.2.5 Europe Chip Resistor Market Forecasts and Analysis - By Countries
9.2.5.1 Germany Chip Resistor Market
9.2.5.1.1 Germany Chip Resistor Market by Technology
9.2.5.1.2 Germany Chip Resistor Market by Application
9.2.5.2 France Chip Resistor Market
9.2.5.2.1 France Chip Resistor Market by Technology
9.2.5.2.2 France Chip Resistor Market by Application
9.2.5.3 Italy Chip Resistor Market
9.2.5.3.1 Italy Chip Resistor Market by Technology
9.2.5.3.2 Italy Chip Resistor Market by Application
9.2.5.4 Spain Chip Resistor Market
9.2.5.4.1 Spain Chip Resistor Market by Technology
9.2.5.4.2 Spain Chip Resistor Market by Application
9.2.5.5 United Kingdom Chip Resistor Market
9.2.5.5.1 United Kingdom Chip Resistor Market by Technology
9.2.5.5.2 United Kingdom Chip Resistor Market by Application
9.2.5.6 Russia Chip Resistor Market
9.2.5.6.1 Russia Chip Resistor Market by Technology
9.2.5.6.2 Russia Chip Resistor Market by Application
9.2.5.7 Netherlands Chip Resistor Market
9.2.5.7.1 Netherlands Chip Resistor Market by Technology
9.2.5.7.2 Netherlands Chip Resistor Market by Application
9.2.5.8 Rest of Europe Chip Resistor Market
9.2.5.8.1 Rest of Europe Chip Resistor Market by Technology
9.2.5.8.2 Rest of Europe Chip Resistor Market by Application
9.3. ASIA-PACIFIC
9.3.1 Asia-Pacific Chip Resistor Market Overview
9.3.2 Asia-Pacific Chip Resistor Market Forecasts and Analysis
9.3.3 Asia-Pacific Chip Resistor Market Forecasts and Analysis - By Technology
9.3.4 Asia-Pacific Chip Resistor Market Forecasts and Analysis - By Application
9.3.5 Asia-Pacific Chip Resistor Market Forecasts and Analysis - By Countries
9.3.5.1 Australia Chip Resistor Market
9.3.5.1.1 Australia Chip Resistor Market by Technology
9.3.5.1.2 Australia Chip Resistor Market by Application
9.3.5.2 China Chip Resistor Market
9.3.5.2.1 China Chip Resistor Market by Technology
9.3.5.2.2 China Chip Resistor Market by Application
9.3.5.3 India Chip Resistor Market
9.3.5.3.1 India Chip Resistor Market by Technology
9.3.5.3.2 India Chip Resistor Market by Application
9.3.5.4 Japan Chip Resistor Market
9.3.5.4.1 Japan Chip Resistor Market by Technology
9.3.5.4.2 Japan Chip Resistor Market by Application
9.3.5.5 South Korea Chip Resistor Market
9.3.5.5.1 South Korea Chip Resistor Market by Technology
9.3.5.5.2 South Korea Chip Resistor Market by Application
9.3.5.6 Singapore Chip Resistor Market
9.3.5.6.1 Singapore Chip Resistor Market by Technology
9.3.5.6.2 Singapore Chip Resistor Market by Application
9.3.5.7 Taiwan Chip Resistor Market
9.3.5.7.1 Taiwan Chip Resistor Market by Technology
9.3.5.7.2 Taiwan Chip Resistor Market by Application
9.3.5.8 Rest of Asia-Pacific Chip Resistor Market
9.3.5.8.1 Rest of Asia-Pacific Chip Resistor Market by Technology
9.3.5.8.2 Rest of Asia-Pacific Chip Resistor Market by Application
9.4. REST OF THE WORLD
9.4.1 Rest of the World Chip Resistor Market Overview
9.4.2 Rest of the World Chip Resistor Market Forecasts and Analysis
9.4.3 Rest of the World Chip Resistor Market Forecasts and Analysis - By Technology
9.4.4 Rest of the World Chip Resistor Market Forecasts and Analysis - By Application
9.4.5 Rest of the World Chip Resistor Market Forecasts and Analysis - By Countries
9.4.5.1 MEA Chip Resistor Market
9.4.5.1.1 MEA Chip Resistor Market by Technology
9.4.5.1.2 MEA Chip Resistor Market by Application
9.4.5.2 SAM Chip Resistor Market
9.4.5.2.1 SAM Chip Resistor Market by Technology
9.4.5.2.2 SAM Chip Resistor Market by Application
10. INDUSTRY LANDSCAPE
10.1. MERGERS AND ACQUISITIONS
10.2. AGREEMENTS, COLLABORATIONS AND JOIN VENTURES
10.3. NEW PRODUCT LAUNCHES
10.4. EXPANSIONS AND OTHER STRATEGIC DEVELOPMENTS
11. CHIP RESISTOR MARKET, KEY COMPANY PROFILES
11.1. BOURNS, INC.
11.1.1. Key Facts
11.1.2. Business Description
11.1.3. Products and Services
11.1.4. Financial Overview
11.1.5. SWOT Analysis
11.1.6. Key Developments
11.2. CTS CORPORATION
11.2.1. Key Facts
11.2.2. Business Description
11.2.3. Products and Services
11.2.4. Financial Overview
11.2.5. SWOT Analysis
11.2.6. Key Developments
11.3. MURATA MANUFACTURING CO., LTD.
11.3.1. Key Facts
11.3.2. Business Description
11.3.3. Products and Services
11.3.4. Financial Overview
11.3.5. SWOT Analysis
11.3.6. Key Developments
11.4. PANASONIC CORPORATION
11.4.1. Key Facts
11.4.2. Business Description
11.4.3. Products and Services
11.4.4. Financial Overview
11.4.5. SWOT Analysis
11.4.6. Key Developments
11.5. ROHM SEMICONDUCTOR
11.5.1. Key Facts
11.5.2. Business Description
11.5.3. Products and Services
11.5.4. Financial Overview
11.5.5. SWOT Analysis
11.5.6. Key Developments
11.6. SAMSUNG ELECTRO-MECHANICS
11.6.1. Key Facts
11.6.2. Business Description
11.6.3. Products and Services
11.6.4. Financial Overview
11.6.5. SWOT Analysis
11.6.6. Key Developments
11.7. SUSUMU CO. LTD.
11.7.1. Key Facts
11.7.2. Business Description
11.7.3. Products and Services
11.7.4. Financial Overview
11.7.5. SWOT Analysis
11.7.6. Key Developments
11.8. TE CONNECTIVITY
11.8.1. Key Facts
11.8.2. Business Description
11.8.3. Products and Services
11.8.4. Financial Overview
11.8.5. SWOT Analysis
11.8.6. Key Developments
11.9. VISHAY INTERTECHNOLOGY, INC
11.9.1. Key Facts
11.9.2. Business Description
11.9.3. Products and Services
11.9.4. Financial Overview
11.9.5. SWOT Analysis
11.9.6. Key Developments
11.10. YAGEO CORPORATION
11.10.1. Key Facts
11.10.2. Business Description
11.10.3. Products and Services
11.10.4. Financial Overview
11.10.5. SWOT Analysis
11.10.6. Key Developments
12. APPENDIX
12.1. ABOUT THE INSIGHT PARTNERS
12.2. GLOSSARY OF TERMS
1. Bourns, Inc.
2. CTS Corporation
3. Murata Manufacturing Co., Ltd.
4. Panasonic Corporation
5. Rohm Semiconductor
6. Samsung Electro-Mechanics
7. Susumu Co. Ltd.
8. TE Connectivity
9. Vishay Intertechnology, Inc
10. Yageo Corporation
The Insight Partners performs research in 4 major stages: Data Collection & Secondary Research, Primary Research, Data Analysis and Data Triangulation & Final Review.
- Data Collection and Secondary Research:
As a market research and consulting firm operating from a decade, we have published many reports and advised several clients across the globe. First step for any study will start with an assessment of currently available data and insights from existing reports. Further, historical and current market information is collected from Investor Presentations, Annual Reports, SEC Filings, etc., and other information related to company’s performance and market positioning are gathered from Paid Databases (Factiva, Hoovers, and Reuters) and various other publications available in public domain.
Several associations trade associates, technical forums, institutes, societies and organizations are accessed to gain technical as well as market related insights through their publications such as research papers, blogs and press releases related to the studies are referred to get cues about the market. Further, white papers, journals, magazines, and other news articles published in the last 3 years are scrutinized and analyzed to understand the current market trends.
- Primary Research:
The primarily interview analysis comprise of data obtained from industry participants interview and answers to survey questions gathered by in-house primary team.
For primary research, interviews are conducted with industry experts/CEOs/Marketing Managers/Sales Managers/VPs/Subject Matter Experts from both demand and supply side to get a 360-degree view of the market. The primary team conducts several interviews based on the complexity of the markets to understand the various market trends and dynamics which makes research more credible and precise.
A typical research interview fulfils the following functions:
- Provides first-hand information on the market size, market trends, growth trends, competitive landscape, and outlook
- Validates and strengthens in-house secondary research findings
- Develops the analysis team’s expertise and market understanding
Primary research involves email interactions and telephone interviews for each market, category, segment, and sub-segment across geographies. The participants who typically take part in such a process include, but are not limited to:
- Industry participants: VPs, business development managers, market intelligence managers and national sales managers
- Outside experts: Valuation experts, research analysts and key opinion leaders specializing in the electronics and semiconductor industry.
Below is the breakup of our primary respondents by company, designation, and region:
Once we receive the confirmation from primary research sources or primary respondents, we finalize the base year market estimation and forecast the data as per the macroeconomic and microeconomic factors assessed during data collection.
- Data Analysis:
Once data is validated through both secondary as well as primary respondents, we finalize the market estimations by hypothesis formulation and factor analysis at regional and country level.
- 3.1 Macro-Economic Factor Analysis:
We analyse macroeconomic indicators such the gross domestic product (GDP), increase in the demand for goods and services across industries, technological advancement, regional economic growth, governmental policies, the influence of COVID-19, PEST analysis, and other aspects. This analysis aids in setting benchmarks for various nations/regions and approximating market splits. Additionally, the general trend of the aforementioned components aid in determining the market's development possibilities.
- 3.2 Country Level Data:
Various factors that are especially aligned to the country are taken into account to determine the market size for a certain area and country, including the presence of vendors, such as headquarters and offices, the country's GDP, demand patterns, and industry growth. To comprehend the market dynamics for the nation, a number of growth variables, inhibitors, application areas, and current market trends are researched. The aforementioned elements aid in determining the country's overall market's growth potential.
- 3.3 Company Profile:
The “Table of Contents” is formulated by listing and analyzing more than 25 - 30 companies operating in the market ecosystem across geographies. However, we profile only 10 companies as a standard practice in our syndicate reports. These 10 companies comprise leading, emerging, and regional players. Nonetheless, our analysis is not restricted to the 10 listed companies, we also analyze other companies present in the market to develop a holistic view and understand the prevailing trends. The “Company Profiles” section in the report covers key facts, business description, products & services, financial information, SWOT analysis, and key developments. The financial information presented is extracted from the annual reports and official documents of the publicly listed companies. Upon collecting the information for the sections of respective companies, we verify them via various primary sources and then compile the data in respective company profiles. The company level information helps us in deriving the base number as well as in forecasting the market size.
- 3.4 Developing Base Number:
Aggregation of sales statistics (2020-2022) and macro-economic factor, and other secondary and primary research insights are utilized to arrive at base number and related market shares for 2022. The data gaps are identified in this step and relevant market data is analyzed, collected from paid primary interviews or databases. On finalizing the base year market size, forecasts are developed on the basis of macro-economic, industry and market growth factors and company level analysis.
- Data Triangulation and Final Review:
The market findings and base year market size calculations are validated from supply as well as demand side. Demand side validations are based on macro-economic factor analysis and benchmarks for respective regions and countries. In case of supply side validations, revenues of major companies are estimated (in case not available) based on industry benchmark, approximate number of employees, product portfolio, and primary interviews revenues are gathered. Further revenue from target product/service segment is assessed to avoid overshooting of market statistics. In case of heavy deviations between supply and demand side values, all thes steps are repeated to achieve synchronization.
We follow an iterative model, wherein we share our research findings with Subject Matter Experts (SME’s) and Key Opinion Leaders (KOLs) until consensus view of the market is not formulated – this model negates any drastic deviation in the opinions of experts. Only validated and universally acceptable research findings are quoted in our reports.
We have important check points that we use to validate our research findings – which we call – data triangulation, where we validate the information, we generate from secondary sources with primary interviews and then we re-validate with our internal data bases and Subject matter experts. This comprehensive model enables us to deliver high quality, reliable data in shortest possible time.
Get Free Sample For