PUBLISHER: Lucintel | PRODUCT CODE: 1356657
PUBLISHER: Lucintel | PRODUCT CODE: 1356657
Thin Film Chip Resistor Trends and Forecast
The future of the global thin film chip resistor market looks promising with opportunities in the industrial equipment and consumer electronic markets. The global thin film chip resistor market is expected to reach an estimated $935.9 million by 2030 with a CAGR of 5.2% from 2024 to 2030. The major drivers for this market are growing data center infrastructure, rising demand for miniaturized and high precision devices, and on-goinf development in emerging technologies, such as electric and driverless cars, 5G, and the internet of things (IoT) across the globe.
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Thin Film Chip Resistor by Segment
The study includes a forecast for the global thin film chip resistor by type, application, end use industry, and region.
Thin Film Chip Resistor Market by Type [Shipment Analysis by Value from 2018 to 2030]:
Thin Film Chip Resistor Market by Application [Shipment Analysis by Value from 2018 to 2030]:
Thin Film Chip Resistor Market by End Use Industry [Shipment Analysis by Value from 2018 to 2030]:
Thin Film Chip Resistor Market by Region [Shipment Analysis by Value from 2018 to 2030]:
List of Thin Film Chip Resistor Companies
Companies in the market compete on the basis of product quality offered. Major players in this market focus on expanding their manufacturing facilities, R&D investments, infrastructural development, and leverage integration opportunities across the value chain. With these strategies thin film chip resistor companies cater increasing demand, ensure competitive effectiveness, develop innovative products & technologies, reduce production costs, and expand their customer base. Some of the thin film chip resistor companies profiled in this report include-
Thin Film Chip Resistor Market Insights
Lucintel forecasts that instrumentation will remain the largest segment over the forecast period because of its increasing usage in ordinary domestic uses, laboratories, factories, refineries, and cars.
Industrial equipment will remain the largest segment.
APAC is expected to witness highest growth over the forecast period due to growing demand for electronic digital products like smartphones and tablets and increasing advancement in technology in the developing nations of the region.
Features of the Global Thin Film Chip Resistor Market
Market Size Estimates: Thin film chip resistor market size estimation in terms of value ($B).
Trend and Forecast Analysis: Market trends (2018 to 2023) and forecast (2024 to 2030) by various segments and regions.
Segmentation Analysis: Thin film chip resistor market size by various segments, such as by type, application, end use industry, and region. in terms of value ($B).
Regional Analysis: Thin film chip resistor market breakdown by North America, Europe, Asia Pacific, and Rest of the World.
Growth Opportunities: Analysis of growth opportunities in different types, applications, end use industries, and region.s for the thin film chip resistor market.
Strategic Analysis: This includes M&A, new product development, and competitive landscape of the thin film chip resistor market.
Analysis of competitive intensity of the industry based on Porter's Five Forces model.
FAQ
Q.1. What is the thin film chip resistor market size?
Answer: The global thin film chip resistor market is expected to reach an estimated $935.9 million by 2030.
Q.2. What is the growth forecast for thin film chip resistor market?
Answer: The global thin film chip resistor market is expected to grow with a CAGR of 5.2% from 2024 to 2030.
Q.3. What are the major drivers influencing the growth of the thin film chip resistor market?
Answer: The major drivers for this market are growing data center infrastructure, rising demand for miniaturized and high precision devices, and on-goinf development in emerging technologies, such as electric and driverless cars, 5G, and the internet of things (IoT) across the globe.
Q.4. What are the major segments for thin film chip resistor market?
Answer: The future of the thin film chip resistor market looks promising with opportunities in the industrial equipment and consumer electronic markets.
Q.5. Who are the key thin film chip resistor market companies?
Answer: Some of the key thin film chip resistor companies are as follows:
Q.6. Which thin film chip resistor market segment will be the largest in future?
Answer: Lucintel forecasts that instrumentation will remain the largest segment over the forecast period because of its increasing usage in ordinary domestic uses, laboratories, factories, refineries, and cars.
Q.7. In thin film chip resistor market, which region is expected to be the largest in next 5 years?
Answer: APAC is expected to witness highest growth over the forecast period due to growing demand for electronic digital products like smartphones and tablets and increasing advancement in technology in the developing nations of the region.
Q.8. Do we receive customization in this report?
Answer: Yes, Lucintel provides 10% customization without any additional cost.