- Thick Film
- Thin Film
- Others
Chip Resistor Market is estimated to be valued at USD 1,498.3 Million in 2021 and is poised to grow at a significant CAGR of 6.2% over 2022-2028. Chip resistors can restrict DC or AC, which is used to lower the voltage or maintain the current at a specified dimension inside an electronic circuit. Resistors might have a set resistance value or be variable or changeable within a defined range. They can be used to safeguard, power, or regulate circuits. Chip resistors are used in various sectors, including consumer electronics, industrial manufacturing, automotive and transportation, medical, communications, aerospace, and defense. Chip resistors are well-suited for usage in the telecommunications, automotive, and consumer electronics sectors, such as radio and tape recorders, TV tuners, video cameras, watches, and pocket calculators where they may be used in DC-to-DC conversion, AC adaptors, and so on. Based on technology, the global chip resistor market has been segmented into thick film, thin film, and others into which the thick film segment is anticipated to grow in the forecasting period owing to this thick film resistor segment is driven by the growing vehicle industry, consumer electronics, and telecommunications equipment. Rising IC and electric and hybrid vehicle sales, as well as regulatory mandates to increase fuel efficiency and safety regulations, have prompted OEMs to install more electrical and electronic components, propelling the automotive industry. Furthermore, significant technological advancements in electronic products and the growing use of fast networks (4G/5G networks) throughout the world have raised the demand for things such as thick film power resistors. These factors are expected to fuel the broad film resistor segment in the future years. The rising digitization of many sectors throughout the world is driving the chip resistor market expansion. Sensors, data capture, robots, processing power, and connection advancements enable firms to make meaningful improvements to improve production, service, and supply chains. Furthermore, the growing use of electronics in vehicles is fueling the growth of the chip resistors industry. In addition, the expansion of data centre infrastructure is driving demand for chip resistors. The variable pricing of raw materials, on the other hand, poses a challenge to the chip resistor business.
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Base Year
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Largest Market
Fastest Growing Market
The demand for electronics like smartphones and the expansion of applications such as the Internet of Things and cloud computing is projected to fuel growth in the global chip resistor market. The incorporation of new technologies such as AI and 5G networks, as well as significant expansion in automotive and industrial electronics, are likely to be important driving drivers in the market. For example, Vishay Inter Technology, a semiconductor and passive electronic component manufacturer, introduced a high precision thin film wraparound chip resistor in May 2021 that delivers a tight TCR of 2 ppm/°Cover 100 to 3.05 M resistance range used in industrial, medical, military, and aerospace applications.
The chip resistor market is projected to expand at a CAGR of 6.2% during the forecast period
Bourns Inc., TE Connectivity, Vishay Intertechnology Inc., Koa Corporation, Tzai Yuan Enterprise Co., International Manufacturing Services, Yageo Corporation, Rohm Semiconductor, AVX Corporation, Susumu Co. Ltd.
North America is the fastest-growing region for chip resistor market
1. Executive Summary |
2. Global Chip Resistor Market Introduction |
2.1. Global Chip Resistor Market – Taxonomy |
2.2. Global Chip Resistor Market –Definitions |
2.2.1. By Technology |
2.2.2. By End-Use |
2.2.3. Region |
3. Global Chip Resistor Market Dynamics |
3.1. Drivers |
3.2. Restraints |
3.3. Opportunities/Unmet Needs of the Market |
3.4. Trends |
3.5. Global Chip Resistor Market Dynamic Factors - Impact Analysis |
3.6. Global Chip Resistor Market – Competition Landscape |
4. Global Chip Resistor Market Analysis, 2017 - 2021 and Forecast, 2022 - 2028 |
4.1. Market Analysis, 2017 - 2021 and Forecast, 2022 - 2028 (Revenue, USD Mn) |
4.2. Year-over-Year (Y-o-Y) Growth Analysis (%) |
4.3. Market Opportunity Analysis |
5. Global Chip Resistor Market, By Technology, 2017 - 2021 and Forecast, 2022 - 2028 (Revenue, USD Mn) |
5.1. Thick Film |
5.1.1. Market Analysis, 2017 - 2021 and Forecast, 2022 - 2028 (Revenue, USD Mn) |
5.1.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
5.1.3. Market Opportunity Analysis |
5.2. Thin Film |
5.2.1. Market Analysis, 2017 - 2021 and Forecast, 2022 - 2028 (Revenue, USD Mn) |
5.2.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
5.2.3. Market Opportunity Analysis |
5.3. Others |
5.3.1. Market Analysis, 2017 - 2021 and Forecast, 2022 - 2028 (Revenue, USD Mn) |
5.3.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
5.3.3. Market Opportunity Analysis |
6. Global Chip Resistor Market Forecast, By End-Use, 2017 - 2021 and Forecast, 2022 - 2028 |
6.1. Consumer Electronics |
6.1.1. Market Analysis, 2017 - 2021 and Forecast, 2022 - 2028 (Revenue, USD Mn) |
6.1.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
6.1.3. Market Opportunity Analysis |
6.2. Industrial |
6.2.1. Market Analysis, 2017 - 2021 and Forecast, 2022 - 2028 (Revenue, USD Mn) |
6.2.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
6.2.3. Market Opportunity Analysis |
6.3. Automotive and Transportation |
6.3.1. Market Analysis, 2017 - 2021 and Forecast, 2022 - 2028 (Revenue, USD Mn) |
6.3.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
6.3.3. Market Opportunity Analysis |
6.4. Telecommunication |
6.4.1. Market Analysis, 2017 - 2021 and Forecast, 2022 - 2028 (Revenue, USD Mn) |
6.4.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
6.4.3. Market Opportunity Analysis |
6.5. Aerospace and Defense |
6.5.1. Market Analysis, 2017 - 2021 and Forecast, 2022 - 2028 (Revenue, USD Mn) |
6.5.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
6.5.3. Market Opportunity Analysis |
6.6. Others |
6.6.1. Market Analysis, 2017 - 2021 and Forecast, 2022 - 2028 (Revenue, USD Mn) |
6.6.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
6.6.3. Market Opportunity Analysis |
7. Global Chip Resistor Market Forecast, By Region, 2017 - 2021 and Forecast, 2022 - 2028 (Revenue, USD Mn) |
7.1. North America |
7.1.1. Market Analysis, 2017 - 2021 and Forecast, 2022 - 2028 (Revenue, USD Mn) |
7.1.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
7.1.3. Market Opportunity Analysis |
7.2. Europe |
7.2.1. Market Analysis, 2017 - 2021 and Forecast, 2022 - 2028 (Revenue, USD Mn) |
7.2.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
7.2.3. Market Opportunity Analysis |
7.3. Asia-Pacific |
7.3.1. Market Analysis, 2017 - 2021 and Forecast, 2022 - 2028 (Revenue, USD Mn) |
7.3.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
7.3.3. Market Opportunity Analysis |
7.4. Latin America |
7.4.1. Market Analysis, 2017 - 2021 and Forecast, 2022 - 2028 (Revenue, USD Mn) |
7.4.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
7.4.3. Market Opportunity Analysis |
7.5. Middle East and Africa |
7.5.1. Market Analysis, 2017 - 2021 and Forecast, 2022 - 2028 (Revenue, USD Mn) |
7.5.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
7.5.3. Market Opportunity Analysis |
7.6. Global Chip Resistor Market - Opportunity Analysis Index, By Technology, End Use, and Region, 2022 - 2028 |
8. North America Chip Resistor Market Analysis, 2017 - 2021 and Forecast, 2022 - 2028 (Revenue, USD Mn) |
8.1. By Technology Analysis 2017 - 2021 and Forecast 2022 - 2028 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%) |
8.1.1. Thick Film |
8.1.2. Thin Film |
8.1.3. Others |
8.2. By End-Use Analysis 2017 - 2021 and Forecast 2022 - 2028 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%) |
8.2.1. Consumer Electronics |
8.2.2. Industrial |
8.2.3. Automotive and Transportation |
8.2.4. Telecommunication |
8.2.5. Aerospace and Defense |
8.2.6. Others |
8.3. Country Analysis 2017 - 2021 and Forecast 2022 - 2028 by Revenue (USD Mn) Y-o-Y Growth (%) and Market Share (%) |
8.3.1. USA |
8.3.2. Canada |
8.4. North America Chip Resistor Market - Opportunity Analysis Index, By Technology, End Use, and Country, 2022 - 2028 |
8.5. North America Chip Resistor Market Dynamics – Trends |
9. Europe Chip Resistor Market Analysis, 2017 - 2021 and Forecast, 2022 - 2028 (Revenue, USD Mn) |
9.1. By Technology Analysis 2017 - 2021 and Forecast 2022 - 2028 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%) |
9.1.1. Thick Film |
9.1.2. Thin Film |
9.1.3. Others |
9.2. By End-Use Analysis 2017 - 2021 and Forecast 2022 - 2028 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%) |
9.2.1. Consumer Electronics |
9.2.2. Industrial |
9.2.3. Automotive and Transportation |
9.2.4. Telecommunication |
9.2.5. Aerospace and Defense |
9.2.6. Others |
9.3. Country Analysis 2017 - 2021 and Forecast 2022 - 2028 by Revenue (USD Mn) Y-o-Y Growth (%) and Market Share (%) |
9.3.1. Germany |
9.3.2. UK |
9.3.3. France |
9.3.4. Spain |
9.3.5. Italy |
9.3.6. Rest of Europe |
9.4. Europe Chip Resistor Market - Opportunity Analysis Index, By Technology, End Use, and Country, 2022 - 2028 |
9.5. Europe Chip Resistor Market Dynamics – Trends |
10. Asia-Pacific Chip Resistor Market Analysis, 2017 - 2021 and Forecast, 2022 - 2028 (Revenue, USD Mn) |
10.1. By Technology Analysis 2017 - 2021 and Forecast 2022 - 2028 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%) |
10.1.1. Thick Film |
10.1.2. Thin Film |
10.1.3. Others |
10.2. By End-Use Analysis 2017 - 2021 and Forecast 2022 - 2028 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%) |
10.2.1. Consumer Electronics |
10.2.2. Industrial |
10.2.3. Automotive and Transportation |
10.2.4. Telecommunication |
10.2.5. Aerospace and Defense |
10.2.6. Others |
10.3. Country Analysis 2017 - 2021 and Forecast 2022 - 2028 by Revenue (USD Mn) Y-o-Y Growth (%) and Market Share (%) |
10.3.1. Japan |
10.3.2. China |
10.3.3. India |
10.3.4. ASEAN |
10.3.5. Australia & New Zealand |
10.3.6. Rest of Asia-Pacific |
10.4. Asia-Pacific Chip Resistor Market - Opportunity Analysis Index, By Technology, End Use, and Country, 2022 - 2028 |
10.5. Asia-Pacific Chip Resistor Market Dynamics – Trends |
11. Latin America Chip Resistor Market Analysis, 2017 - 2021 and Forecast, 2022 - 2028 (Revenue, USD Mn) |
11.1. By Technology Analysis 2017 - 2021 and Forecast 2022 - 2028 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%) |
11.1.1. Thick Film |
11.1.2. Thin Film |
11.1.3. Others |
11.2. By End-Use Analysis 2017 - 2021 and Forecast 2022 - 2028 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%) |
11.2.1. Consumer Electronics |
11.2.2. Industrial |
11.2.3. Automotive and Transportation |
11.2.4. Telecommunication |
11.2.5. Aerospace and Defense |
11.2.6. Others |
11.3. Country Analysis 2017 - 2021 and Forecast 2022 - 2028 by Revenue (USD Mn) Y-o-Y Growth (%) and Market Share (%) |
11.3.1. Brazil |
11.3.2. Mexico |
11.3.3. Argentina |
11.3.4. Rest of Latin America |
11.4. Latin America Chip Resistor Market - Opportunity Analysis Index, By Technology, End Use, and Country, 2022 - 2028 |
11.5. Latin America Chip Resistor Market Dynamics – Trends |
12. Middle East and Africa Chip Resistor Market Analysis, 2017 - 2021 and Forecast, 2022 - 2028 (Revenue, USD Mn) |
12.1. By Technology Analysis 2017 - 2021 and Forecast 2022 - 2028 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%) |
12.1.1. Thick Film |
12.1.2. Thin Film |
12.1.3. Others |
12.2. By End-Use Analysis 2017 - 2021 and Forecast 2022 - 2028 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%) |
12.2.1. Consumer Electronics |
12.2.2. Industrial |
12.2.3. Automotive and Transportation |
12.2.4. Telecommunication |
12.2.5. Aerospace and Defense |
12.2.6. Others |
12.3. Country Analysis 2017 - 2021 and Forecast 2022 - 2028 by Revenue (USD Mn) Y-o-Y Growth (%) and Market Share (%) |
12.3.1. Gulf Cooperation Council (GCC) Countries |
12.3.2. Israel |
12.3.3. South Africa |
12.3.4. Rest of MEA |
12.4. MEA Chip Resistor Market - Opportunity Analysis Index, By Technology, End Use, and Country, 2022 - 2028 |
12.5. MEA Chip Resistor Market Dynamics – Trends |
13. Competition Landscape |
13.1. Strategic Dashboard of Top Market Players |
13.2. Company Profiles (Introduction, Financial Analysis, Sales Channel & Service Offerings, Key Developments, Strategies, and SWOT Analysis) |
13.2.1. Bourns Inc., |
13.2.2. TE Connectivity |
13.2.3. Vishay Intertechnology Inc., |
13.2.4. Koa Corporation |
13.2.5. Tzai Yuan Enterprise Co. |
13.2.6. International Manufacturing Services |
13.2.7. Yageo Corporation |
13.2.8. Rohm Semiconductor |
13.2.9. AVX Corporation |
13.2.10. Susumu Co. Ltd. |
14. Research Methodology |
15. Key Assumptions and Acronyms |