Chip Resistor Market - Estimated to Reach a Value US$ 2,647.8 Million by 2027

Published: Thu Jun 06 2019

The expanding database of Market Research Reports Search Engine (MRRSE) has been recently updated by the addition of a new study which is titled as "Chip Resistor Market - Estimated to Reach a Value US$ 2,647.8 Million by 2027". The fact-based research report on the global Chip Resistor market covers various aspects such as trends, drivers, challenges and opportunities that have an influence on the growth and expansion of the global market. All these factors are analyzed across key regions of Latin America, North America, Europe, Middle and Africa (MEA) and the Asia Pacific. In order to provide an accurate forecast, analysts have presented the current market, which forms the basis of how the metal caps and closures market is expected to develop in the future.

The report covers all trends and technologies expected to play a major role in growth of the global chip resistor market during the forecast period. It highlights drivers, restraints, and opportunities expected to influence the market from 2019 to 2027. The study provides a holistic perspective on the chip resistor market, in terms of revenue (in US$ Mn), across different regions such as North America, Europe, Asia Pacific, Middle East & Africa, and South America. The report highlights key trends affecting the chip resistor market at the global level. Prominent countries/sub-regions covered in the report include the U.S., Canada, Germany, France, the U.K., India, China, Japan, GCC, South Africa, and Brazil.

This report analyzes and forecasts the market for chip resistors at the global and regional levels. The market has been forecast in terms of revenue (in US$ Mn) from 2019 to 2027. The study includes drivers and restraints of the global market. It also covers the anticipated impact of these drivers and restraints during the forecast period.

The report comprises detailed ecosystem analysis, which provides a comprehensive view of the global chip resistor market. Porter’s five forces model has also been included to help understand the competition landscape of the market. The study encompasses market attractiveness analysis, wherein type and application segments have been benchmarked based on their market size, growth rate, and general attractiveness.

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This research study on the global chip resistor market provides detailed analysis based on type and application segments of the market. Based on type, the market has been divided into thick-film resistor, thin-film resistor, current-sensing resistor, and others. Based on application, the market has been classified into consumer electronics, industrial, automotive & transportation, medical, telecommunication, aerospace & defense, and others. The thin-film resistor segment is expected to expand at a rapid pace throughout the forecast period, owing to rising adoption of thin-film resistors in consumer electronics devices such as smartphones, wearable devices, and control and measurement systems. The industrial segment held a major market share, in terms of revenue, in 2018, owing to widespread use of chip resistors in industrial automation systems.

Global Chip Resistor Market: Research Methodology

Secondary research sources that are typically referred to include, but are not limited to company websites, annual reports, financial reports, broker reports, investor presentations, SEC filings, internal and external proprietary databases, relevant patent and regulatory databases, national government documents, statistical databases, market reports, news articles, press releases, webcasts specific to companies operating in the market, national government documents, statistical databases, and Factiva.

Primary research involves e-mail interactions, telephonic interviews, and face-to-face interviews conducted for each market segment across geographies. TMR conducts primary interviews on an ongoing basis with market participants and commentators in order to validate the data and analysis. Primary interviews provide firsthand information on market size, market trends, growth trends, competition landscape, and market outlook. These help validate and strengthen secondary research findings. They also help develop the analysis team’s expertise and market understanding.

Global Chip Resistor Market: Competition Dynamics

The report covers major players operating in the global chip resistor market including Rohm Semiconductors, Yageo Corporation, AVX Corporation, Samsung Electro-Mechanics, Vishay Intertechnology, Inc., Panasonic Corporation, TE Connectivity Ltd., Susumu Co. Ltd., Bourns Inc., and CTS Corporation. These established players are engaged in the development of innovative chip resistors and their introduction in the market. For instance, in November 2018, Yageo Corporation announced the launch of a new high–power, anti-surge chip resistor called SR High-power Series. This chip resistor is regarded a suitable solution for use in applications, such as telecommunications, chargers, servers, power supplies, and car electronics, wherein high-surge and high-power components are required. This move would help the company better position itself in the global chip resistor market.

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