Industry Background:
Axial lead resistors are through-hole mounted electronic components. These axial lead resistors perform well where high peak power or high energy pulses are obligatory to be handled using smaller size resistors. These axial lead resistors are capable to dissipate the energy consistently through the entire resistor body. Resistor delivers unique solutions in applications where carbon composition traditionally have been used, often replacing 2 or more with a single resistor. The electronics industry has advanced at a remarkable rate over the past two decades.
Attributes | Details |
---|
Study Period | 2018-2028 |
Base Year | 2022 |
Unit | Value (USD Million) |
Key Companies Profiled | Ohmite (United States), Riedon (United States), Vishay Intertechnology (United States), TT Electronics (United Kingdom), Hymeg (United States), Tyco Electronics (Switzerland), Panasonic (Japan), Nikkohm. Co., Ltd. (Japan), NIC Components (United States) and KOA Speer Electronics (United States) |
This growth is primarily driven by Rising Demand from End-Use Applications and Growing Electronics Industry Worldwide.
Globally, a noticeable market trend is evident High Spending Inclination of Consumers Pertaining to Electronic Goods Major Players, such as Ohmite (United States), Riedon (United States), Vishay Intertechnology (United States), TT Electronics (United Kingdom), Hymeg (United States), Tyco Electronics (Switzerland), Panasonic (Japan), Nikkohm. Co., Ltd. (Japan), NIC Components (United States) and KOA Speer Electronics (United States), etc have either set up their manufacturing facilities or are planning to start new provision in the dominated region in the upcoming years. Leading key players of the axial lead resistor are focusing on strategic partnerships, acquisitions, and new product launch to improve their products and services along with focusing on increasing their client base to strengthen market position.
Key Developments in the Market:
In April 2023, BE Services Company, Inc., a wholly owned subsidiary of Bourns, Inc., a leading manufacturer and supplier of electronic components for power, protection, and sensing solutions, acquired virtually all of Riedon Inc.'s assets. "Riedon"), including Riedon's manufacturing facilities in Alhambra, California, and Tecate, Mexico.
In October 2022, Vishay Intertechnology, Inc. announced that certain units of its AC and AC-AT series bonded axial leadwound resistors are now available with WSZ lead form, a pick-and-place friendly lead bending option. Devices are available as surface mount components. Offering high power dissipation and excellent pulse capability, Vishay Draloric Resistors are the first devices in the industry to be offered in a non-inductive version.
Influencing Trend:
High Spending Inclination of Consumers Pertaining to Electronic Goods
Market Growth Drivers:
Rising Demand from End-Use Applications and Growing Electronics Industry Worldwide
Challenges:
Issue Related to Some High Prices of Products
Restraints:
High Pressure on Manufacturers of Discrete Components
Opportunities:
Increasing Demand from Emerging Economics such as India, China, and Others
AMA Research follows a focused and realistic research framework that provides the ability to study the crucial market dynamics in several regions across the world. Moreover, an in-depth assessment is mostly conducted by our analysts on geographical regions to provide clients and businesses the opportunity to dominate in niche markets and expand in emerging markets across the globe. This market research study also showcases the spontaneously changing Players landscape impacting the growth of the market. Furthermore, our market researchers extensively analyze the products and services offered by multiple players competing to increase their market share and presence.
Customization in the Report
AMA Research features not only specific market forecasts but also includes significant value-added commentary on:
- Market Trends
- Technological Trends and Innovations
- Market Maturity Indicators
- Growth Drivers and Constraints in Axial Lead Resistor Market
- Analysis about New Entrants in Axial Lead Resistor Market & Entry/Exit Barriers
- To Seize Powerful Market Opportunities
- Identify Key Business Segments, Market Proposition & Gap Analysis
- An Unbiased Perspective towards Market Performance & Indicators
Against this Challenging Backdrop, Axial Lead Resistor Study Sheds Light on
The Axial Lead Resistor Market status quo and key characteristics. To end this, Analysts at AMA organize and took surveys of the Axial Lead Resistor industry Players. The resultant snapshot serves as a basis for understanding why and how the industry can be expected to change.
Where Axial Lead Resistor industry is heading and what are the top priorities. Insights are drawn from financial analysis, surveys, and interviews with key executives and industry experts.
How every company in this diverse set of Players can best navigate the emerging competition landscape and follow a strategy that helps them position to hold the value they currently claim or capture the new addressable opportunity.