Chip Resistor Market: By Technology By End-Use and Region Forecast 2020-2031                        

Chip Resistor Market Size, Share, Growth, Trends, and Global Industry Analysis: By Technology (Thick Film, Thin Film, Others) By End-Use (Consumer Electronics, Industrial, Automotive and Transportation, Telecommunication, Aerospace and Defense, Others) and Region Forecast 2020-2031                        

Chip Resistor Market size was valued at US$ 1,498.3 million in 2023 and is poised to grow at a significant CAGR of 6.2% from 2024-2030. 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 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 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.

Chip Resistor Market Key Developments

  • In September 2022, TT Electronics launches high-power, high-precision chip resistors on AIN ceramic substrate.
  • In May 2022. Element14 Announced Availability of Latest Chip Resistors from Panasonic

Chip Resistor Market Summary

Study Period

2025-2031

Base Year

2024

CAGR

6.2%

Largest Market

North-American

Fastest Growing Market

Asia-Pacific

Chip Resistor Market Dynamics

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.

Chip Resistor Market Segmentation Analysis

Report Benchmarks

Details

Report Study Period

2025-2031

Market Size in 2023

US$ 1,498.3 million

Market CAGR

6.2%

By Technology

  • Thick Film
  • Thin Film
  • Others

By End Use

  • Consumer Electronics
  • Industrial
  • Automotive and Transportation
  • Telecommunication
  • Aerospace and Defense
  • Others

By Region

  • North America (U.S., Canada)
  • Europe (Germany, U.K., France, Italy, Russia, Spain, Rest of Europe)
  • Asia-Pacific (China, India, Japan, Australia, Southeast Asia, Rest of Asia Pacific)
  • Latin America (Mexico, Brazil, Argentina, Columbia, Rest of Latin America)
  • Middle East & Africa (GCC, Egypt, Nigeria, South Africa, Rest of Middle East and Africa)

Key Features of the Report

  • The chip resistor market report provides granular level information about the market size, regional market share and forecast from 2024-2030
  • The report covers in-detail insights about the competitors overview, key findings and their key strategies
  • The report outlines drivers, restraints, challenges, and trends that are currently faced by the industry
  • The report tracks recent innovations, key developments and startups details that are working in the industry
  • The report provides plethora of information about market entry strategies, regulatory framework and reimbursement scenario
  • The report analyses the impact of the socio-political environment through PESTLE Analysis and competition through Porters Five Force Analysis 

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Frequently Asked Questions

The chip resistor market size was valued at US$ 1,498.3 million in 2023 and is poised to grow at a significant CAGR of 6.2% from 2024-2030.

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 in the market

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Author

Sravani

Sravani is a proficient Business Analyst with an MBA and a background in Computer Science, with seven years of expe.....

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, 2019 - 2024 and Forecast, 2025 - 2031
4.1. Market Analysis, 2019 - 2024 and Forecast, 2025 - 2031 (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, 2019 - 2024 and Forecast, 2025 - 2031 (Revenue, USD Mn)
5.1. Thick Film
5.1.1. Market Analysis, 2019 - 2024 and Forecast, 2025 - 2031 (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, 2019 - 2024 and Forecast, 2025 - 2031 (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, 2019 - 2024 and Forecast, 2025 - 2031 (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, 2019 - 2024 and Forecast, 2025 - 2031
6.1. Consumer Electronics
6.1.1. Market Analysis, 2019 - 2024 and Forecast, 2025 - 2031 (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, 2019 - 2024 and Forecast, 2025 - 2031 (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, 2019 - 2024 and Forecast, 2025 - 2031 (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, 2019 - 2024 and Forecast, 2025 - 2031 (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, 2019 - 2024 and Forecast, 2025 - 2031 (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, 2019 - 2024 and Forecast, 2025 - 2031 (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, 2019 - 2024 and Forecast, 2025 - 2031 (Revenue, USD Mn)
7.1. North America
7.1.1. Market Analysis, 2019 - 2024 and Forecast, 2025 - 2031 (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, 2019 - 2024 and Forecast, 2025 - 2031 (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, 2019 - 2024 and Forecast, 2025 - 2031 (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, 2019 - 2024 and Forecast, 2025 - 2031 (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, 2019 - 2024 and Forecast, 2025 - 2031 (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, 2025 - 2031
8. North America Chip Resistor Market Analysis, 2019 - 2024 and Forecast, 2025 - 2031 (Revenue, USD Mn)
8.1. By Technology Analysis 2019 - 2024 and Forecast 2025 - 2031 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 2019 - 2024 and Forecast 2025 - 2031 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 2019 - 2024 and Forecast 2025 - 2031 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, 2025 - 2031
8.5. North America Chip Resistor Market Dynamics Trends
9. Europe Chip Resistor Market Analysis, 2019 - 2024 and Forecast, 2025 - 2031 (Revenue, USD Mn)
9.1. By Technology Analysis 2019 - 2024 and Forecast 2025 - 2031 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 2019 - 2024 and Forecast 2025 - 2031 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 2019 - 2024 and Forecast 2025 - 2031 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, 2025 - 2031
9.5. Europe Chip Resistor Market Dynamics Trends
10. Asia-Pacific Chip Resistor Market Analysis, 2019 - 2024 and Forecast, 2025 - 2031 (Revenue, USD Mn)
10.1. By Technology Analysis 2019 - 2024 and Forecast 2025 - 2031 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 2019 - 2024 and Forecast 2025 - 2031 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 2019 - 2024 and Forecast 2025 - 2031 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, 2025 - 2031
10.5. Asia-Pacific Chip Resistor Market Dynamics Trends
11. Latin America Chip Resistor Market Analysis, 2019 - 2024 and Forecast, 2025 - 2031 (Revenue, USD Mn)
11.1. By Technology Analysis 2019 - 2024 and Forecast 2025 - 2031 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 2019 - 2024 and Forecast 2025 - 2031 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 2019 - 2024 and Forecast 2025 - 2031 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, 2025 - 2031
11.5. Latin America Chip Resistor Market Dynamics Trends
12. Middle East and Africa Chip Resistor Market Analysis, 2019 - 2024 and Forecast, 2025 - 2031 (Revenue, USD Mn)
12.1. By Technology Analysis 2019 - 2024 and Forecast 2025 - 2031 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 2019 - 2024 and Forecast 2025 - 2031 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 2019 - 2024 and Forecast 2025 - 2031 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, 2025 - 2031
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

Key Market Players

  • 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.

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