What is Global Thick Film Resistors Market?
The Global Thick Film Resistors Market is a vast and dynamic sector that plays a crucial role in the electronics industry. Thick film resistors are a type of electronic component that controls the flow of electric current in an electronic circuit. They are made by applying a thick film of resistive material onto a ceramic base, hence the name. These resistors are widely used in various electronic devices due to their high reliability, stability, and low cost. The global market for these resistors is substantial and continues to grow, driven by the increasing demand for electronic devices worldwide. However, the market is also influenced by various factors such as technological advancements, changes in consumer preferences, and economic conditions. Therefore, understanding the Global Thick Film Resistors Market requires a comprehensive analysis of these factors and their impact on the market's growth and development.
SMD Type, Through Hole Type in the Global Thick Film Resistors Market:
The Global Thick Film Resistors Market is segmented into two main types: SMD Type and Through Hole Type. SMD Type, or Surface Mount Device Type, is the most common and widely used type of thick film resistors. These resistors are small, lightweight, and designed to be mounted directly onto the surface of a printed circuit board (PCB). They are highly efficient and reliable, making them ideal for use in various electronic devices such as smartphones, laptops, and televisions. On the other hand, Through Hole Type resistors are designed to be inserted into holes drilled in the PCB and then soldered into place. These resistors are larger and more robust than SMD Type resistors, making them suitable for use in high-power and industrial applications. However, they are less common and less popular than SMD Type resistors due to their larger size and higher cost.
Consumer Electronics, Telecommunications, Automotive/Energy, Industrial/Medical, Others in the Global Thick Film Resistors Market:
The Global Thick Film Resistors Market finds its application in various sectors including Consumer Electronics, Telecommunications, Automotive/Energy, Industrial/Medical, and others. In the Consumer Electronics sector, these resistors are used in a wide range of devices such as smartphones, laptops, televisions, and home appliances. They help control the flow of electric current in these devices, ensuring their proper functioning and performance. In the Telecommunications sector, thick film resistors are used in various communication devices and systems such as mobile phones, routers, and satellite communication systems. They play a crucial role in ensuring the reliability and efficiency of these systems. In the Automotive/Energy sector, these resistors are used in various automotive and energy systems such as electric vehicles, solar panels, and wind turbines. They help control the flow of electric current in these systems, enhancing their performance and efficiency. In the Industrial/Medical sector, thick film resistors are used in various industrial and medical devices such as industrial machinery, medical equipment, and diagnostic devices. They help ensure the reliability and accuracy of these devices.
Global Thick Film Resistors Market Outlook:
The future outlook for the Global Thick Film Resistors Market is promising. As of 2022, the market was valued at US$ 1494 million and is expected to reach US$ 2096.5 million by 2029, growing at a CAGR of 4.9% during the forecast period 2023-2029. This growth is primarily driven by the increasing demand for electronic devices worldwide and the ongoing technological advancements in the electronics industry. The market is dominated by the top five manufacturers, who collectively hold a market share of over 50%. In terms of product type, SMD Type resistors are the most popular, accounting for about 90% of the market. This dominance is due to their high efficiency, reliability, and wide application in various electronic devices.
| Report Metric | Details |
| Report Name | Thick Film Resistors Market |
| Accounted market size in 2023 | US$ 1573.4 million |
| Forecasted market size in 2029 | US$ 2096.5 million |
| CAGR | 4.9 |
| Base Year | 2023 |
| Forecasted years | 2023 - 2029 |
| Segment by Type |
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| Segment by Application |
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| Production by Region |
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| Sales by Region |
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| By Company | Yageo, Ta-I Technology Co., Ltd, KOA, Vishay, Ralec Electronics Corp., Walsin Technology Corporation, Fenghua Advanced Technology, Samsung Electro-Mechanics, Panasonic, Uni Ohm, Rohm Co., Ltd., Tateyama Kagaku Industry Co., Ltd., Elektronische Bauelemente GmbH (EBG), Ever Ohms Technology Co., Ltd. |
| Forecast units | USD million in value |
| Report coverage | Revenue and volume forecast, company share, competitive landscape, growth factors and trends |
