Chip resistors are IC devices that are manufactured in rectangular or square chip packages. These are components that oppose the electric current flow. They are utilized for protecting, operating, or controlling circuits. Resistors may have a fixed value of resistance or be a variable or adjustable value of resistance within a specific range. As passive components, they can only reduce current signals or voltage and cannot increase them.
MARKET DYNAMICS
The chip resistor market growth is highly driven by the rapid digitalization in diverse industries worldwide. Advancements in sensors, data capture, robotics, computing power, and connectivity are allowing companies to make enhancements in materials to improve their production, service, as well as supply chains. Further, increasing electronics applications in automobiles is bolstering the growth of chip resistors market. Also, growth in the development of data center infrastructure is fueling the chip resistor market demand. However, the volatile price of raw materials acts as a challenging factor to the chip resistor market.
MARKET SCOPE
The "Global Chip Resistor Market Analysis to 2028" is a specialized and in-depth study of the chip resistor industry with a special focus on the global market trend analysis. The report aims to provide an overview of chip resistor market with detailed market segmentation by technology, application, and geography. The global chip resistor market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading chip resistor market players and offers key trends and opportunities in the market.
MARKET SEGMENTATION
The global chip resistor market is segmented on the basis of technology and application. Based on the technology, the market is segmented into thick films and thin films. The application segment of chip resistor market is classified into consumer electronics, medical, industrial, automotive & transportation, aerospace and defense, telecommunication, and others.
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REGIONAL FRAMEWORKThe report provides a detailed overview of the industry including both qualitative and quantitative information. It provides an overview and forecast of the global chip resistor market based on various segments. It also provides market size and forecast estimates from the year 2020 to 2028 with respect to four major regions, namely; North America, Europe, Asia-Pacific (APAC), and Rest of World (RoW). The chip resistor market by each region is later sub-segmented by respective countries and segments. The report covers the analysis and forecast of 17 countries globally along with the current trend and opportunities prevailing in the region.
The report analyzes factors affecting the chip resistor market from both demand and supply side and further evaluates market dynamics affecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all four regions namely; North America, Europe, APAC, and RoW after evaluating political, economic, social and technological factors affecting the chip resistor market in these regions.
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MARKET PLAYERSThe reports cover key developments in the chip resistor market as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals and others such as patents and events. Inorganic growth strategies activities witnessed in the market were acquisitions, and partnership & collaborations. These activities have paved the way for the expansion of business and customer base of market players. The market payers from chip resistor market are anticipated to lucrative growth opportunities in the future with the rising demand for chip resistor in the global market. Below mentioned is the list of few companies engaged in the chip resistor market.
The report also includes the profiles of key chip resistor companies along with their SWOT analysis and market strategies. In addition, the report focuses on leading industry players with information such as company profiles, components, and services offered, financial information of the last 3 years, the key development in the past five years.
-Bourns, Inc.
-CTS Corporation
-Murata Manufacturing Co., Ltd.
-Panasonic Corporation
-Rohm Semiconductor
-Samsung Electro-Mechanics
-Susumu Co. Ltd.
-TE Connectivity
-Vishay Intertechnology, Inc.
-Yageo Corporation
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