Chip Resistor Market: is expected to grow at a CAGR of 6.42% during the forecast period and it is expected to reach US$ 2.50 Bn. by 2029.
Chip Resistor Market Overview:
The purpose of this report is to provide a thorough examination of the Chip Resistor Market by segments and geographics. The study goes into great detail on the primary factors influencing the Chip Resistor market’s growth. The study also offers a comprehensive analysis of the market’s value chain. A chip resistor is a very compact, surface mounted electronic component, which is designed to offer resistance to any electrical device to limit the current flowing through it. The chip fixed resistor is one of the most widely used components in the circuit board.
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Market Scope:
The “Global Chip Resistor Market Analysis” is a detailed investigation of the Chip Resistor market, with a focus on global market trends and analysis. The goal of this research is to provide an overview of the Chip Resistor market as well as detailed market segmentation by application, end-use, and geography. The Chip Resistor market is expected to develop substantially over the forecast period. The study contains critical information on the market positions of the leading Chip Resistor players, as well as noteworthy industry trends and opportunities.
The research method used to assess and anticipate the Chip Resistor market begins with secondary research using sources that collect revenue data from key suppliers. When calculating market segment estimation, the vendor offerings are also considered. Using the bottom-up method, the whole size of the Chip Resistor market was calculated using the revenue of significant enterprises.
Segmentation:
by Technology
• Thick films
• Thin films
by Type
• Pressure-sensitive
• Thermo sensitive
by Shape
• Square
• Rectangular
by Application
• Power Supply
• Aerospace Components
• Automotive
• Medical
• Others
The chip resistors are made with high accuracy and current detecting capabilities, making them ideal for applications in the telecommunications, automotive, and consumer electronics sectors, including motor circuits, watches, radios, TV tuners, and pocket calculators. Medical applications that demand sensitive signals, including ECG monitors and analytical devices, would benefit from technological developments in registered technology. Additionally, it is anticipated that during the forecast period, the automotive sector will represent the greatest market for thick film chip resistors. The demand for these resistors in healthcare devices, together with rising demand for compact size and high resistance resistor chips to improve performance at a lower cost and rising desire to detect extremely small signals without giving inaccurate readings, is propelling the chip resistor market forward.
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Key Players:
The major players covered in the Chip Resistor market report are
• Rohm
• Yageo
• Koa Corporation
• Tzai Yuan Enterprise Co.
• International Manufacturing Services
• Viking Tech
• Vishay Technologies
• Bds Electronics Inc
• Sevenstar
• China Zhenhua Group
• Murata Manufacturing Co.
• Asj Holdings Limited
• Tt Electronics
• Panasonic
• Samsung Electro-Mechanics
• Bourns
• Te Connectivity
• Avx
• Ohmite
• CTS Corporation
• Susumu Co. Ltd.
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Regional Analysis:
Global, North America, Europe, Asia-Pacific, the Middle East, Africa, and South America market share statistics are accessible individually. Analysts at Maximize evaluate competitive strengths and conduct competitive analysis for each competitor individually.
COVID-19 Impact Analysis on Chip Resistor Market:
Aerospace and defense, agriculture, automobiles, retail and e-commerce, energy and power, healthcare, packaging, mining, electronics, banking, financial services, and insurance, among other industries, have all been affected by the COVID-19 outbreak. COVID-19 has had an impact on the Chip Resistor market in general, as well as the growth rate in 2019-2020, as the impact of COVID-19 spread. Our most recent inquiry, opinions, and bits of knowledge on the market are critical to the businesses and associations in the Chip Resistor industry,
Key Questions Answered in the Chip Resistor Market Report are:
- Which segment grabbed the largest share in the Chip Resistor market?
- What was the competitive scenario of the Chip Resistor market in 2021?
- Which are the key factors responsible for the Chip Resistor market growth?
- Which region held the maximum share in the Chip Resistor market in 2021?
