Amid Ukraine-Russia crisis, our analysts and industry experts are closely monitoring the markets and working hard to identify, gather and timely deliver analysis of the impact of the situation and the impact that it has on various markets. All our reports are updated with the latest impact on the market before being sent out to our customers.

Global Chip Resistor Market: By Type: Thick Chip Resistor, Thin Chip Resistor, General Purpose Chip Resistors, Current-Sensing Resistor, Others; By Shape: Square, Rectangular; By Application; Regional Analysis; Historical Market and Forecast (2017-2027); Market Dynamics: SWOT Analysis; Competitive Landscape; Industry Events and Developments

Global Chip Resistor Market Outlook

The global chip resistor market attained a value of nearly USD 1.06 billion in 2021. The market is estimated to grow in the forecast period of 2022-2027 at a CAGR of 6.20% to reach about USD 1.44 billion by 2027.

 

Rapid Growth of the Asia Pacific Market to Augment the Overall Market Growth of Chip Resistor

The Asia Pacific region is anticipated to register robust growth in the global chip resistor market during the forecast period on account of the huge production of electronic devices, along with the availability of resources in countries like China. With the expansion and development of the consumer electronics manufacturing sector, coupled with the emerging economic growth of the region, the market for chip resistor is likely to robustly grow in the Asia Pacific region over the coming years. Moreover, the surging adoption of EVs and advancements in electric and hybrid vehicles in the region are likely to enhance the demand for integrated circuits, hence driving the market growth of the chip resistor. The introduction of various favourable government initiatives to boost chip manufacturing is expected to bolster the market demand for chip resistor in the region. For Instance, in December 2021, the Indian government unveiled a plan of INR 76000 crore to encourage chip-making in the country.

 

Market Segmentation

A chip resistor refers to a component that restricts the flow of electrical current. It is primarily used to operate, control or safeguard circuits. It is also known as an SMD resistor or surface-mount device and finds extensive application in various end-use industries like automotive and electronics, among others.

The market for chip resistors, by type, is divided into:

  • Thick Chip Resistor
  • Thin Chip Resistor
  • General Purpose Chip Resistors
  • Current-Sensing Resistor
  • Others

The market can be broadly categorised on the basis of shape segments into:

  • Square
  • Rectangular

Based on application, the market is segmented into:

  • Industrial
  • Consumer Electronics
  • Automotive and Transportation
  • Telecommunication
  • Aerospace and Defence
  • Medical
  • Others

The EMR report looks into the regional markets of chip resistor like Latin America, North America, Europe, the Asia Pacific, and the Middle East and Africa.

 

Growing Demand for Chip Resistors in the Electronics and Automotive Industry Driving the Market

The global chip resistor market is being driven by the increasing utilisation of the product in electronics and automotive applications. Going further, with the surging novel innovations like high-definition equipment and eco-friendly electronic products, the demand for products is escalating in the electronics industry, which is fuelling the market growth of chip resistors. The rapid digitisation in various industries like telecommunication, robotics, and software, among others, is further driving the market growth of chip resistor. The growing technological developments in the medical industry and the rising utilisation of portable medical equipment are bolstering the demand for chip resistors. Moreover, the performance requirements of resistors utilised in automatic external defibrillators (AEDs), including cardiac monitoring circuits are extremely demanding. This, in turn, is surging the utilisation of chip resistors that can withstand high voltages and dissipate about 10W of power while providing voltage linearity and temperature stability, which is further bolstering the market for chip resistors.

 

Key Players in the Global Market for Chip Resistor

The report presents a detailed analysis of the following key players in the global chip resistor market, looking into their capacity, market shares, and latest developments like capacity expansions, plant turnarounds, and mergers and acquisitions:

  • ROHM CO., LTD.
  • YAGEO Group
  • TE Connectivity Corporation
  • Bourns, Inc.
  • Panasonic Industry Co., Ltd. (Panasonic Corporation)
  • Others

The comprehensive report looks into the macro and micro aspects of the market. The EMR report gives an in-depth insight into the market by providing a SWOT analysis as well as an analysis of Porter’s Five Forces model.

*We at Expert Market Research always thrive to give you the latest information. The numbers in the article are only indicative and may be different from the actual report.

1    Preface
2    Report Coverage – Key Segmentation and Scope
3    Report Description

    3.1    Market Definition and Outlook
    3.2    Properties and Application
    3.3    Market Analysis
    3.4    Key Players
4    Key Assumptions
5    Executive Summary

    5.1    Overview
    5.2    Key Drivers
    5.3    Key Developments
    5.4    Competitive Structure
    5.5    Key Industrial Trends
6    Market Snapshot
    6.1    Global
    6.2    Regional
7    Industry Opportunities and Challenges
8    Global Chip Resistor Market Analysis

    8.1    Key Industry Highlights
    8.2    Global Chip Resistor Historical Market (2017-2021) 
    8.3    Global Chip Resistor Market Forecast (2022-2027)
    8.4    Global Chip Resistor Market by Type
        8.4.1    Thick Chip Resistor
            8.4.1.1    Market Share
            8.4.1.2    Historical Trend (2017-2021)
            8.4.1.3    Forecast Trend (2022-2027)
        8.4.2    Thin Chip Resistor
            8.4.2.1    Market Share
            8.4.2.2    Historical Trend (2017-2021)
            8.4.2.3    Forecast Trend (2022-2027)
        8.4.3    General Purpose Chip Resistors
            8.4.3.1    Market Share
            8.4.3.2    Historical Trend (2017-2021)
            8.4.3.3    Forecast Trend (2022-2027)
        8.4.4    Current-Sensing Resistor
            8.4.4.1    Market Share
            8.4.4.2    Historical Trend (2017-2021)
            8.4.4.3    Forecast Trend (2022-2027)
        8.4.5    Others
    8.5    Global Chip Resistor Market by Shape
        8.5.1    Square
            8.5.1.1    Market Share
            8.5.1.2    Historical Trend (2017-2021)
            8.5.1.3    Forecast Trend (2022-2027)
        8.5.2    Rectangular
            8.5.2.1    Market Share
            8.5.2.2    Historical Trend (2017-2021)
            8.5.2.3    Forecast Trend (2022-2027)
    8.6    Global Chip Resistor Market by Application
        8.6.1    Industrial
            8.6.1.1    Market Share
            8.6.1.2    Historical Trend (2017-2021)
            8.6.1.3    Forecast Trend (2022-2027)
        8.6.2    Consumer Electronics
            8.6.2.1    Market Share
            8.6.2.2    Historical Trend (2017-2021)
            8.6.2.3    Forecast Trend (2022-2027)
        8.6.3    Automotive and Transportation
            8.6.3.1    Market Share
            8.6.3.2    Historical Trend (2017-2021)
            8.6.3.3    Forecast Trend (2022-2027)
        8.6.4    Telecommunication
            8.6.4.1    Market Share
            8.6.4.2    Historical Trend (2017-2021)
            8.6.4.3    Forecast Trend (2022-2027)
        8.6.5    Aerospace and Defence
            8.6.5.1    Market Share
            8.6.5.2    Historical Trend (2017-2021)
            8.6.5.3    Forecast Trend (2022-2027)
        8.6.6    Medical
            8.6.6.1    Market Share
            8.6.6.2    Historical Trend (2017-2021)
            8.6.6.3    Forecast Trend (2022-2027)
        8.6.7    Others
    8.7    Global Chip Resistor Market by Region
        8.7.1    Market Share
            8.7.1.1    North America
            8.7.1.2    Europe
            8.7.1.3    Asia Pacific
            8.7.1.4    Latin America
            8.7.1.5    Middle East and Africa
9    Regional Analysis
    9.1    North America
        9.1.1    Historical Trend (2017-2021)
        9.1.2    Forecast Trend (2022-2027)
        9.1.3    Breakup by Country
            9.1.3.1    United States of America 
            9.1.3.2    Canada
    9.2    Europe
        9.2.1    Historical Trend (2017-2021)
        9.2.2    Forecast Trend (2022-2027)
        9.2.3    Breakup by Country 
            9.2.3.1    United Kingdom
            9.2.3.2    Germany
            9.2.3.3    France
            9.2.3.4    Italy
            9.2.3.5    Others
    9.3    Asia Pacific
        9.3.1    Historical Trend (2017-2021)
        9.3.2    Forecast Trend (2022-2027)
        9.3.3    Breakup by Country
            9.3.3.1    China
            9.3.3.2    Japan
            9.3.3.3    India
            9.3.3.4    ASEAN
            9.3.3.5    Australia
            9.3.3.6    Others
    9.4    Latin America
        9.4.1    Historical Trend (2017-2021)
        9.4.2    Forecast Trend (2022-2027)
        9.4.3    Breakup by Country
            9.4.3.1    Brazil
            9.4.3.2    Argentina
            9.4.3.3    Mexico
            9.4.3.4    Others
    9.5    Middle East and Africa
        9.5.1    Historical Trend (2017-2021)
        9.5.2    Forecast Trend (2022-2027)
        9.5.3    Breakup by Country
            9.5.3.1    Saudi Arabia
            9.5.3.2    United Arab Emirates
            9.5.3.3    Nigeria
            9.5.3.4    South Africa
            9.5.3.5    Others
10    Market Dynamics
    10.1    SWOT Analysis
        10.1.1    Strengths
        10.1.2    Weaknesses
        10.1.3    Opportunities
        10.1.4    Threats
    10.2    Porter’s Five Forces Analysis
        10.2.1    Supplier’s Power
        10.2.2    Buyer’s Power
        10.2.3    Threat of New Entrants
        10.2.4    Degree of Rivalry
        10.2.5    Threat of Substitutes
    10.3    Key Indicators for Demand
    10.4    Key Indicators for Price
11    Value Chain Analysis
12    Competitive Landscape

    12.1    Market Structure
    12.2    Company Profiles
        12.2.1    ROHM CO., LTD.
            12.2.1.1    Company Overview
            12.2.1.2    Product Portfolio
            12.2.1.3    Demographic Reach and Achievements
            12.2.1.4    Certifications
        12.2.2    YAGEO Group
            12.2.2.1    Company Overview
            12.2.2.2    Product Portfolio
            12.2.2.3    Demographic Reach and Achievements
            12.2.2.4    Certifications
        12.2.3    TE Connectivity Corporation
            12.2.3.1    Company Overview
            12.2.3.2    Product Portfolio
            12.2.3.3    Demographic Reach and Achievements
            12.2.3.4    Certifications
        12.2.4    Bourns, Inc.
            12.2.4.1    Company Overview
            12.2.4.2    Product Portfolio
            12.2.4.3    Demographic Reach and Achievements
            12.2.4.4    Certifications
        12.2.5    Panasonic Industry Co., Ltd. (Panasonic Corporation)
            12.2.5.1    Company Overview
            12.2.5.2    Product Portfolio
            12.2.5.3    Demographic Reach and Achievements
            12.2.5.4    Certifications
        12.2.6    Others
13    Industry Events and Developments

 

List of Key Figures and Tables

1.    Global Chip Resistor Market: Key Industry Highlights, 2017 and 2027
2.    Global Chip Resistor Historical Market: Breakup by Type (USD Billion), 2017-2021
3.    Global Chip Resistor Market Forecast: Breakup by Type (USD Billion), 2022-2027
4.    Global Chip Resistor Historical Market: Breakup by Shape (USD Billion), 2017-2021
5.    Global Chip Resistor Market Forecast: Breakup by Shape (USD Billion), 2022-2027
6.    Global Chip Resistor Historical Market: Breakup by Application (USD Billion), 2017-2021
7.    Global Chip Resistor Market Forecast: Breakup by Application (USD Billion), 2022-2027
8.    Global Chip Resistor Historical Market: Breakup by Region (USD Billion), 2017-2021
9.    Global Chip Resistor Market Forecast: Breakup by Region (USD Billion), 2022-2027
10.    North America Chip Resistor Historical Market: Breakup by Country (USD Billion), 2017-2021
11.    North America Chip Resistor Market Forecast: Breakup by Country (USD Billion), 2022-2027
12.    Europe Chip Resistor Historical Market: Breakup by Country (USD Billion), 2017-2021
13.    Europe Chip Resistor Market Forecast: Breakup by Country (USD Billion), 2022-2027
14.    Asia Pacific Chip Resistor Historical Market: Breakup by Country (USD Billion), 2017-2021
15.    Asia Pacific Chip Resistor Market Forecast: Breakup by Country (USD Billion), 2022-2027
16.    Latin America Chip Resistor Historical Market: Breakup by Country (USD Billion), 2017-2021
17.    Latin America Chip Resistor Market Forecast: Breakup by Country (USD Billion), 2022-2027
18.    Middle East and Africa Chip Resistor Historical Market: Breakup by Country (USD Billion), 2017-2021
19.    Middle East and Africa Chip Resistor Market Forecast: Breakup by Country (USD Billion), 2022-2027
20.    Global Chip Resistor Market Structure

Key Questions Answered in the Report

In 2021, the global chip resistor market attained a value of nearly USD 1.06 billion.

The market is assessed to grow at a CAGR of 6.20% between 2022 and 2027.

The market is estimated to witness healthy growth in the forecast period of 2022-2027 to reach almost USD 1.44 billion by 2027.

The major market drivers include the rising manufacturing of consumer electronics, increasing digitisation in several industries, and introduction of various government initiatives to boost chip manufacturing.

The key market trends guiding the growth of the market include the growing adoption of chip resistors in various industries like automotive and transportation, the increasing use of portable medical devices, and technological advancements and innovations in the market.

The major regions in the market are North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa.

The various types of chip resistors in the market are thick chip resistor, thin chip resistor, general purpose chip resistors, and current-sensing resistor, among others.

The different shapes of chip resistor include square and rectangular.

The several applications of chip resistors in the market are industrial, consumer electronics, automotive and transportation, telecommunication, aerospace and defence, and medical, among others.

The major players in the market are ROHM CO., LTD., YAGEO Group, TE Connectivity Corporation, Bourns, Inc., and Panasonic Industry Co., Ltd. (Panasonic Corporation), among others.

Analyst Review

The global chip resistor market attained a value of nearly USD 1.06 billion in 2021, driven by the increasing manufacturing of consumer electronics. Aided by technological advancements and innovations, the market is expected to witness further growth in the forecast period of 2022-2027, growing at a CAGR of 6.20%. The market is estimated to reach about USD 1.44 billion by 2027.

EMR’s meticulous research methodology delves deep into the market, covering the macro and micro aspects of the market. The chip resistor market, by type, is divided into thick chip resistor, thin chip resistor, general purpose chip resistors, and current-sensing resistor, among others. Based on shape, the market is segmented into square and rectangular. On the basis of application, the market is segmented into industrial, consumer electronics, automotive and transportation, telecommunication, aerospace and defence, and medical, among others. The major regional markets for chip resistor are North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa. The key players in the above market include ROHM CO., LTD., YAGEO Group, TE Connectivity Corporation, Bourns, Inc., and Panasonic Industry Co., Ltd. (Panasonic Corporation), among others.

EMR’s research methodology uses a combination of cutting-edge analytical tools and the expertise of their highly accomplished team, thus, providing their customers with market insights that are accurate, actionable, and help them remain ahead of their competition.

Purchase Full Report

Mini Report

$1499
  • Selected Sections, One User
  • Printing Not Allowed
  • Email Delivery in PDF
  • Free Limited Customisation
  • Post Sales Analyst Support
  • 50% Discount on Next Update

Single User License

$2699
  • All Sections, One User
  • One Print Allowed
  • Email Delivery in PDF
  • Free Limited Customisation
  • Post Sales Analyst Support
  • 50% Discount on Next Update

Five User License

$3699
  • All Sections, Five Users
  • Five Prints Allowed
  • Email Delivery in PDF
  • Free Limited Customisation
  • Post Sales Analyst Support
  • 50% Discount on Next Update

Corporate License

$4699
  • All Sections, Unlimited Users
  • Unlimited Prints Allowed
  • Email Delivery in PDF + Excel
  • Free Limited Customisation
  • Post Sales Analyst Support
  • 50% Discount on Next Update

Any Question? Speak With An Analyst

Contact Analyst

View A Sample

Request Sample

Did You Miss Anything, Ask Now

Request Customisation
Why Expert Market Research?

Right People

We are technically excellent, strategic, practical, experienced and efficient; our analysts are hand-picked based on having the right attributes to work successfully and execute projects based on your expectations.

Right Methodology

We leverage our cutting-edge technology, our access to trusted databases, and our knowledge of the current models used in the market to deliver you research solutions that are tailored to your needs and put you ahead of the curve.

Right Price

We deliver in-depth and superior quality research in prices that are reasonable, unmatchable, and shows our understanding of your resource structure. We, additionally, offer attractive discounts on our upcoming reports.

Right Support

Our team of expert analysts are at your beck and call to deliver you optimum results that are customised to meet your precise needs within the specified timeframe and help you form a better understanding of the industry.

Similar Reports





NEWSLETTER