Global Chip Resistor Market Growth 2023-2029

Global Chip Resistor Market Growth 2023-2029

A chip resistor also known as surface-mount device or SMD resistor is an integrated circuit (IC) device designed in square or rectangular chip bundles. A chip resistor is a component that opposes the flow of electrical current. It is mainly used to operate, safeguard or control circuits.

LPI (LP Information)' newest research report, the “Chip Resistor Industry Forecast” looks at past sales and reviews total world Chip Resistor sales in 2022, providing a comprehensive analysis by region and market sector of projected Chip Resistor sales for 2023 through 2029. With Chip Resistor sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Chip Resistor industry.

This Insight Report provides a comprehensive analysis of the global Chip Resistor landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Chip Resistor portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms' unique position in an accelerating global Chip Resistor market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Chip Resistor and breaks down the forecast by type, by application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Chip Resistor.

The global Chip Resistor market size is projected to grow from US$ 1781.4 million in 2022 to US$ 4174.3 million in 2029; it is expected to grow at a CAGR of 4174.3 from 2023 to 2029.

Vishay and Yageo are the top 2 manufacturers of chip resistor globally and holds over 30% of global market share. Geographically speaking, China holds over 40% of global market share. In terms of type, thick film resistors segment holds an important share of over 40%. In terms of application, consumer electronics segment holds over 40% of market share, followed by automotive electronics with about 15% share.

This report presents a comprehensive overview, market shares, and growth opportunities of Chip Resistor market by product type, application, key manufacturers and key regions and countries.

Market Segmentation:

Segmentation by type
Thin Film Resistors
Thick Film Resistors
Foil Resistors

Segmentation by application
Consumer Electronics
Automotive Electronics
Industrial and Measurement Equipment
Medical Equipment
Communication Device
Others

This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries

The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
Vishay
KOA
Susumu
Viking Tech
Panasonic
Yageo
Walsin Technology
Bourns
TE Connectivity
Samsung Electro-Mechanics
Ta-I Technology
Uniohm
Ralec Electronics
Ever Ohms
Rohm
Fenghua Advanced Technology
Tateyama Kagaku Industry
Elektronische Bauelemente GmbH

Key Questions Addressed in this Report

What is the 10-year outlook for the global Chip Resistor market?

What factors are driving Chip Resistor market growth, globally and by region?

Which technologies are poised for the fastest growth by market and region?

How do Chip Resistor market opportunities vary by end market size?

How does Chip Resistor break out type, application?

What are the influences of COVID-19 and Russia-Ukraine war?

Please note: The report will take approximately 2 business days to prepare and deliver.