This report describes the global market size of Thin Film Chip Resistor Market from 2018 to 2022 and its CAGR from 2018 to 2022, and also forecasts its market size to the end of 2030 and its expected to grow with a CAGR of 5.4% from 2023 to 2030.
A thin film chip resistor is crafted through the process of applying a fine layer of resistive material onto a ceramic substrate. The commonly employed resistive material is a metal alloy, often nickel-chromium (Nichrome). The degree of thickness in this film dictates the resultant resistance value of the resistor.
Primarily utilized in surface-mount devices (SMDs), thin film chip resistors possess compact dimensions and a lightweight composition, coupled with commendable electrical characteristics. Moreover, their manufacturing cost is relatively modest.
Due to the COVID-19 pandemic and Russia-Ukraine War Influence, the global market for Thin Film Chip Resistor Market estimated at US $ million in the year 2022, is projected to reach a revised size of US$ million by 2030, growing at a CAGR of 5.4% during the forecast period 2023-2030. North American market for Thin Film Chip Resistor Market is estimated to increase from $million in 2022 to reach $ million by 2030, at a CAGR of XX% during the forecast period of 2023 through 2030.
For geography segment, regional supply, demand, major players, price is presented from 2018 to 2030. This report cover following regions:
Middle East and Africa
The key countries for each regions are also included such as United States, China, Japan, India, Korea, ASEAN, Germany, France, UK, Italy, Spain, CIS, and Brazil etc.
For competitor segment, the report include global key players of Thin Film Chip Resistor Market as well as some small players. The information for each competitor include:
Main Business Information
Sales Volume, Revenue, Price and Gross Margin
Ultra Precision 0.05% Tolerance
Categorized by type, the Ultra Precision 0.05% Tolerance sub-segment asserted its market dominance in 2021. The term "ultra-precision 0.05% tolerance" has garnered significant attention within the thin film chip resistor sector, captivating both consumers and manufacturers in recent times. The impetus behind this surge lies in its versatile utility across diverse end-use industries such as healthcare, consumer electronics, automotive, aerospace & military, and solar. These factors are anticipated to wield considerable influence on the dimensions of the thin film chip resistor market throughout the projected timeframe.
Electric Power Equipment
Electronic Digital Products
In terms of application, the instrumentation sub-segment took the lead in capturing the major portion of the global thin film chip resistor market in 2021. Within the realm of thin film chip resistor applications, these components found prominence in instruments encompassing precision resistors, potentiometers, and thermometers, with utility spanning across consumer electronics, medical devices, and telecommunications equipment. Its exceptional precision and sleek design profile make it especially well-suited for packaging, rendering it a favored choice for various electronic digital applications, including smartphones, among others. The incorporation of thin film chip resistors in these electronics applications is poised to open up avenues for expansion within this sub-segment during the predicted period.
In terms of end-users, the industrial equipment sub-segment emerged as the frontrunner in capturing the major slice of the global thin film chip resistor market in 2021. The sustained dependability of thin film chip resistors in environments with low sulfur content is gaining heightened significance across a broad spectrum of industries, prominently including industrial equipment. The advantages of employing these resistors in industrial equipment extend magnificently to domains like data/storage centers, server farms, and the broader IT sector, especially in crucial applications such as banking, extensive data storage, military operations, and notably challenging industrial settings or geographic regions like China and India, where operational conditions for servers might not always be optimal.
Middle East & Africa
In terms of geographical distribution, it is projected that Asia-Pacific will exhibit the most rapid expansion by the year 2031. Asia-Pacific commands a substantial market share within the global thin film chip resistor market. This prevalence can be attributed to the escalating technological progress in emerging nations like India, China, and Japan. The surge in urbanization within developing countries across the Asia-Pacific region is fostering a heightened demand for intelligent electronic devices and products, thereby catalyzing the growth of the thin film chip resistors market. A pivotal driver propelling the expansion of the Asia-Pacific Thin Film Chip Resistor Market Opportunity stems from the augmented integration of technology in electronic devices utilized in sectors such as healthcare, digital manufacturing, and military applications.
Asj Pte ltd
Cal Chip Electronics Inc
Viking Tech Corporation
Ohmite Manufacturing Co.,
International Manufacturing Services Inc
Hong Kong Resistors Manufactory
Mini Systems Inc
Micro Ohm Corp
KOA Speer Electronics Inc
Other Key players
Please ask for sample pages for full companies list
Base Year: 2022
Historical Data: from 2018 to 2021
Forecast Data: from 2023 to 2030
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