Global Chip Resistor Market 2018-2022

Overview of the global chip resistor market

Passive electronic components such as capacitors, resistors, and inductors, don’t require a power source to function. Chip resistors find their application in the defense and aerospace industries in various electrical circuits, to manage electrical current levels at certain levels. Technavio’s market study identifies the growing requirement for passive electronic components for defense and aerospace applications to be one of the primary growth factors for the chip resistor market. Numerous manufacturers are using chip resistors to manufacture aerospace components for commercial and defense aircraft. The increasing demand for fighter jets and commercial aircrafts will drive the need for passive electronic components for defense and aerospace applications. Our market analysts estimate that the market will grow steadily at a CAGR of more than 5% by 2022.

Vendors in the market are focusing on using environment-friendly passive electronic components, due to the growing focus on developing eco-friendly electronics and electronic components. To cater to the stringent regulations, vendors are developing lead-free chip resistors that are environmentally safe. This drives the usability of chip resistors for consumer electronics and defense and aerospace applications. Consequently, the strong focus on developing lead-free components will be a key trend driving the growth of the chip resistor market.

Companies covered

The chip resistor market is moderately fragmented due to the presence of several international and regional vendors. The SMD resistor market research report assists the clients to strengthen their market position by offering competitive analysis of the players in the market. This will in turn, aid micro resistor manufacturers to emphasize on differentiating their products from the competitors and attain competitive advantage in the market. 

This research report provides an analysis of the various companies in this market including:

• Bourns
• Murata Manufacturing
• Panasonic
• ROHM Semiconductor
• TE Connectivity
• Vishay Intertechnology

Segmentation by technology and analysis of the chip resistor market

• Thick film
• Thin film

In the SMD resistor market research report, our analysts identify that the thick film technology will dominate the shares of the market throughout the forecast period. The growing demand and advanced features incorporated in this technology drive the growth of this technology segment.

Geographical segmentation and analysis of the chip resistor market

• Americas
• APAC
• EMEA

APAC will be the major revenue contributor to the SMD resistor market throughout the forecast period. The market witnesses’ steady growth in this region owing to the rapid growth of data center infrastructure.

Key questions answered in the report include

• What will the market size and the growth rate be in 2022?
• What are the key factors driving the global chip resistor market?
• What are the key market trends impacting the growth of the global chip resistor market?
• What are the challenges to market growth?
• Who are the key vendors in the global chip resistor market?
• What are the market opportunities and threats faced by the vendors in the global chip resistor market?
• Trending factors influencing the market shares of the Americas, APAC, and EMEA.
• What are the key outcomes of the five forces analysis of the global chip resistor market?

Technavio also offers customization on reports based on specific client requirement.