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The market for chip resistor is being aided by the growing demand for consumer electronics, owing to the rising disposable income of the middle-class population. As chip resistors are cost-effective and highly adaptable, they are extensively used in diverse end-use sectors like medical, automotive, consumer electronics, and defence, among others. The growing miniaturisation of chip resistors is also boosting their use in various applications requiring enhanced precision, hence aiding the market growth.
In addition, with surged electrical stability and mechanical strength, chip resistors are increasingly used to boost the dependability and reliability of vehicles in the automotive sector. The growing popularity of electric vehicles and the development of innovative chip resistors that offer high accuracy and reliability for deployment in control units of vehicles are invigorating the market’s expansion.
Panasonic Industry Co., Ltd. (Panasonic Corporation), one of the leading companies in the market, launched the ERJ-UP3 Series Anti-Sulfurated Thick Film Chip Resistors in April 2020. The anti-surge and high-power resistors are ideal for harsh and challenging environments and are available in an 0603-inch case size. They offer anti-sulphurisation characteristics to reduce the risk of open circuits caused by a sulphur disconnection by using anti-sulphurated electrode materials and structures.
Moreover, the series features high power at 0.25W in a 0603 inch/ 1608 mm case size and ESD surge characteristics that are superior to standard thick film resistors. It also complies with JIS C 5201-8, IEC 60115-8, JEITA RC-2134C, and AEC-Q200, which ensures optimal reliability and quality of chip resistors.
The major players in the global chip resistor market are ROHM CO., LTD., YAGEO Group, TE Connectivity Corporation, Bourns, Inc., and Panasonic Industry Co., Ltd. (Panasonic Corporation), among others. The comprehensive report by EMR looks into the market share, capacity, and latest developments like mergers and acquisitions, plant turnarounds, and capacity expansions of the major players.
*At Expert Market Research, we strive to always give you current and accurate information. The numbers depicted in the description are indicative and may differ from the actual numbers in the final EMR report.
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