About Thick Film Resistors
The primary application of the resistor is to oppose the current flow. There is various type of resistor, thick film resistor is one of the types of fixed resistor means the value of the resistor is predefined and fixed. The value of the resistor totally depends on a resistive film deposited on the thick film resistor. In computer systems, more than 1000 thick film resistors are used. Thus, increasing demand for computers, laptops, and mobile phones is driving the market. Additionally, rising demand for consumer electronic and electrical systems and low cost and high durability of the products have been supplementing the overall growth of the market. However, the initial cost for manufacturing thick film resistor and the presence of local players in many geographical regions is limiting the market. Moreover, the emergence of electric vehicle and rising demand for premium and luxury vehicles due to increasing disposal income can create a huge opportunity for the market in the coming years.
Attributes | Details |
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Study Period | 2018-2030 |
Base Year | 2023 |
Unit | Value (USD Million) |
CAGR | 5.8% |
Competition among existing players is due to the Thick Film Resistors market share occupied by leading players. The industry leader is engaged in offering innovative and superior quality products to cater to the ever-growing demand for Thick Film Resistors market. The companies are implementing strategic activities such as acquisitions and mergers along with collaboration with companies in other industries to aid them in improving sustenance and maintaining their competitive advantage.The Players having a strong hold in the market are Vishay Intertechnology, Panasonic Industrial Devices & Solutions, ROHM semiconductors, Yageo Corporation, Bourns. Analyst at AMA Research estimates that United States and Asian Players will contribute the maximum growth to Global Thick Film Resistors market throughout the forecasted period. Established and emerging Players should take a closer view at their existing organizations and reinvent traditional business and operating models to adapt to the future.
Vishay Intertechnology (United States), Panasonic Corporation (Japan), ROHM semiconductors (Japan), Yageo Corporation (Taiwan), Bourns, Inc. (United States), TT Electronics (United Kingdom), KOA Speer Electronics Inc (United States), Ohmite Manufacturing Co LLC (United States), Johanson Dielectrics, Inc. (United States) and Caddock Electronics, Inc. (United States) are some of the key players that are part of study coverage. Additionally, the Players which are also part of the research coverage are HYMEG (Finland) and Others.
Segmentation Overview
AMA Research has segmented the market of Global Thick Film Resistors market by Type (Power Resistors, Thick Film Chip Resistors, Thick Film High-Voltage Chip Resistors, Thick Film Low-Resistance Chip Resistors and Others) and Region.
On the basis of geography, the market of Thick Film Resistors has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). If we see Market by End User Industry, the sub-segment i.e. Consumer Electronics will boost the Thick Film Resistors market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Current Type, the sub-segment i.e. Alternate Current will boost the Thick Film Resistors market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Resistance Range , the sub-segment i.e. 10k Ohms to 50 Mega Ohms will boost the Thick Film Resistors market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Influencing Trend:
Adoption of New Technology in Automotive such as ADAS (Automatic Driver Assistance System)
Market Growth Drivers:
Rising Demand for Consumer Electronic and Electrical Systems is Supplementing the Market, Low Cost and High Durability of the Product and Increasing Demand for PCs, Laptops, and Smart Phones
Challenges:
Increasing Presence of Local Players in the Operating Market
Restraints:
High Initial Investment for Thick Film Resistor
Opportunities:
Emergence of Electric Vehicle and Increasing the Sales of Electric Vehicle and Rising Demand for Premium and Luxury Vehicles due to Increasing Disposal Income
Market Leaders and their expansionary development strategies
In April 2023, Bourns Inc, announced that the company has acquired substantially all of the operating assets of Riedon Inc., a leading manufacturer of resistors headquartered in Alhambra, California. In many applications across the market, Riedon’s products are essential elements that help improve efficiency and dependability. It was not made public what was agreed upon in the deal.
In June 2023, Vishay Intertechnology, Inc. announced the launch of a new thick film power resistor ISOA, which has passed AEC-Q200 certification, adopts a small SOT-227 package, and can be directly mounted on a heat sink. Vishay MCB ISOA with high pulse handling capability, power dissipation up to 120 W at 85 °C bottom case temperature, optional NTC thermistor for internal temperature monitoring, pre-coated phase change thermal interface material (PC-TIM) Improve placement efficiency.
Key Target Audience
Thick Film Resistor Manufacturers, Raw Material Suppliers, Distributors and Suppliers, Mobile Phone Manufacturers, Laptop Manufacturers, Computer System Manufacturers, Investors, Private Research Organizations and Others
About Approach
To evaluate and validate the market size various sources including primary and secondary analysis is utilized. AMA Research follows regulatory standards such as NAICS/SIC/ICB/TRCB, to have a better understanding of the market. The market study is conducted on basis of more than 200 companies dealing in the market regional as well as global areas with the purpose to understand the companies positioning regarding the market value, volume, and their market share for regional as well as global.
Further to bring relevance specific to any niche market we set and apply a number of criteria like Geographic Footprints, Regional Segments of Revenue, Operational Centres, etc. The next step is to finalize a team (In-House + Data Agencies) who then starts collecting C & D level executives and profiles, Industry experts, Opinion leaders, etc., and work towards appointment generation.
The primary research is performed by taking the interviews of executives of various companies dealing in the market as well as using the survey reports, research institute, and latest research reports. Meanwhile, the analyst team keeps preparing a set of questionnaires, and after getting the appointee list; the target audience is then tapped and segregated with various mediums and channels that are feasible for making connections that including email communication, telephonic, skype, LinkedIn Group & InMail, Community Forums, Community Forums, open Survey, SurveyMonkey, etc.