Global Thick Film Resistor Market, By Type (Thick Film Power Resistor, Thick Film Chip Resistor, Thick Film Voltage Chip Resistor, Thick Film Low Resistance Chip Resistor, Shunt Resistor, Through Hole Type), Vehicle Type (Passenger Cars, Commercial Vehicles), Electric and Hybrid Vehicle (BEV, HEV, PHEV), End-Use Industry (Automotive, Electrical and Electronics, Telecommunication), Country (U.S., Canada, Mexico, Brazil, Argentina, Rest of South America, Germany, Italy, U.K., France, Spain, Netherlands, Belgium, Switzerland, Turkey, Russia, Rest of Europe, Japan, China, India, South Korea, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia Pacific, South Africa, Saudi Arabia, U.A.E, Israel, Egypt, Rest of Middle East and Africa) Industry Trends and Forecast to 2028.
Market Analysis and Insights of Thick Film Resistor Market
Thick film resistor market is expected to gain market growth in the forecast period of 2021 to 2028. Data Bridge Market Research analyses that the thick film resistor market would exhibit a CAGR of 4.9% for the above-mentioned forecast period.
Thick film resistors are the resistor electronic components and one of the most prolific part used in electronic and electrical devices, which have the capability of reducing the flow of current flowing through a circuit and provide different capability for resistance based on their size, shape and types of components used in their production method. They can be characterized by a resistive layer of a ceramic base and which is produced by firing a special paste onto the substrate, and that paste is a mixture of glass and metal oxide. Its structure is defined as having a mixture of glass and metal oxide pasted on its substrate.
Surging demands for high-performance based electronic and electrical systems has resulted in growth in the market value. Additionally, high adoption rate for premium/high-end vehicles coupled with growth of adoption rate for 4G and 5G networking technology will further carve the way for the growth of market. However, lack of profit margins due to the reducing prices for these products will further restrict the scope of growth for the market.
Increasing levels of demands for advanced technologies for the automotive components will also create lucrative growth opportunities for the market. Also, development of future technologies that currently under development that can be used as a low-cost substitute for these products will pose a major challenge to the market growth rate.
This thick film resistor market report provides details of new recent developments, trade regulations, import export analysis, production analysis, value chain optimization, market share, impact of domestic and localized market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographic expansions, technological innovations in the market. To gain more info on thick film resistor market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.
Global Thick Film Resistor Market Scope and Market Size
The thick film resistor market is segmented on the basis of type, vehicle type, electric and hybrid vehicle and end-use industry. The growth amongst these segments will help you analyses meagre growth segments in the industries, and provide the users with valuable market overview and market insights to help them in making strategic decisions for identification of core market applications.
- On the basis of type, the thick film resistor market has been segmented into thick film power resistor, thick film chip resistor, thick film voltage chip resistor, thick film low resistance chip resistor, shunt resistor and through hole type.
- On the basis of vehicle type, the market is segmented into passenger cars and commercial vehicles.
- On the basis of electric and hybrid vehicle, the thick film resistor market is segmented into BEV, HEV and PHEV.
- On the basis of end-use industry, the thick film resistor market is segmented into automotive, electrical and electronics and telecommunication.
Thick Film Resistor Market Country Level Analysis
The global thick film resistor market is analyzed and market size insights and trends are provided by type, vehicle type, electric and hybrid vehicle and end-use industry as referenced above.
The countries covered in the thick film resistor market report are U.S., Canada and Mexico in North America, Brazil, Argentina and Rest of South America as part of South America, Germany, Italy, U.K., France, Spain, Netherlands, Belgium, Switzerland, Turkey, Russia, Rest of Europe in Europe, Japan, China, India, South Korea, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in Asia-Pacific (APAC), South Africa, Saudi Arabia, U.A.E, Israel, Egypt, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA).
North America dominates the thick film resistor market and will continue to flourish its trend of dominance during the forecast period. The prevalence of advanced technologies and thick film resistors is of the key component used in various applications, particularly in consumer electronics. Asia-Pacific region is set to witness unprecedented growth during the forecast period and will project the highest compound annual growth (CAGR) rate, due to rising disposable income, growing urbanization, and rising e-commerce activities in this region.
The country section of the thick film resistor market report also provides individual market impacting factors and changes in regulation in the market domestically that impacts the current and future trends of the market. Data points such as consumption volumes, production sites and volumes, import export analysis, price trend analysis, cost of raw materials, down-stream and upstream value chain analysis are some of the major pointers used to forecast the market scenario for individual countries. Also, presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of sales channels are considered while providing forecast analysis of the country data.
Competitive Landscape and Thick Film Resistor Market Share Analysis
The thick film resistor market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies’ focus related to thick film resistor market.
The major players covered in the thick film resistor market report are YAGEO Group, TE Connectivity, KOA Speer Electronics, Inc, Panasonic Corporation, Vishay Intertechnology. Inc, ROHM CO., LTD, Viking Tech Corporation, Murata Manufacturing Co., Ltd, TT Electronics, Bourns, Inc, Ralec, Japan Resistor Mfg. Co., Ltd, NIC Components Corp, Cal-chip Electronics, International Manufacturing, Riedon, Ohmite Mfg Co, Johanson Dielectrics, Walsin Technology Corporation, Fenghua (HK) Electronics Ltd, SAMSUNG ELECTRO-MECHANICS, Uniohm Corp, TATEYAMA KAGAKU DEVICE TECHNOLOGY CO., LTD., Miba AG, EVER OHMS TECHNOLOGY CO.,LTD. among other domestic and global players. Market share data is available for Global, North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America separately. DBMR analysts understand competitive strengths and provide competitive analysis for each competitor separately.