PUBLISHER: The Business Research Company | PRODUCT CODE: 1924018
PUBLISHER: The Business Research Company | PRODUCT CODE: 1924018
Precision resistors are resistive components carefully designed and manufactured to provide highly accurate and stable resistance values, with extremely tight tolerances that ensure the actual resistance closely matches the specified nominal value. They are built to deliver reliable and consistent electrical performance, maintaining their defined properties even when exposed to environmental changes and electrical stress over time.
The major types of precision resistors include precision wire-wound resistors, precision metal film resistors, and precision metal foil resistors. Precision wire-wound resistors are created by winding a metal wire around a ceramic or fiberglass core, offering superior accuracy and long-term stability. Technologies used in precision resistors include thin-film precision resistors, thick-film precision resistors, metal-foil or bulk-metal foil resistors, wire-wound precision resistors, metal-film precision resistors, and current-sense shunts. These products are distributed through direct sales, authorized distributors, and online retail platforms. Precision resistors serve applications such as current sensing and shunts, precision measurement and calibration, voltage division and reference, temperature compensation networks, and feedback or control loops. They are widely used across industries including test and measurement equipment, industrial automation and control, automotive electronics and xEVs (electric and extended variants), medical and life-science devices, aerospace and defense, telecommunications infrastructure, consumer electronics, and energy and power management.
Note that the outlook for this market is being affected by rapid changes in trade relations and tariffs globally. The report will be updated prior to delivery to reflect the latest status, including revised forecasts and quantified impact analysis. The report's Recommendations and Conclusions sections will be updated to give strategies for entities dealing with the fast-moving international environment.
Tariffs have affected the precision resistor market by increasing the cost of imported raw materials and specialized manufacturing components, leading to higher production expenses and slower adoption across automotive electronics, industrial automation, and medical devices. Asia-Pacific regions such as China and Taiwan, which are key manufacturing hubs, are most impacted. The tariffs have also encouraged manufacturers to explore local production and diversify sourcing strategies, which could improve supply chain resilience and stimulate innovation in high-precision resistor designs.
The precision resistor market research report is one of a series of new reports from The Business Research Company that provides precision resistor market statistics, including precision resistor industry global market size, regional shares, competitors with a precision resistor market share, detailed precision resistor market segments, market trends and opportunities, and any further data you may need to thrive in the precision resistor industry. This precision resistor market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.
The precision resistor market size has grown strongly in recent years. It will grow from $4.28 billion in 2025 to $4.62 billion in 2026 at a compound annual growth rate (CAGR) of 7.9%. The growth in the historic period can be attributed to growing demand for accurate measurement instruments, expansion of industrial automation, rise in automotive electronics, increased use in medical devices, development of aerospace and defense electronics.
The precision resistor market size is expected to see strong growth in the next few years. It will grow to $6.22 billion in 2030 at a compound annual growth rate (CAGR) of 7.7%. The growth in the forecast period can be attributed to advancements in thin-film and metal-foil resistor technologies, adoption of iot-enabled smart infrastructure, increasing electric vehicle production, integration with ai-driven systems, demand for high-precision calibration and testing solutions. Major trends in the forecast period include miniaturization and high-density resistors, enhanced thermal and electrical stability, automated precision manufacturing, integration with sensor and iot systems, advanced calibration and testing techniques.
The rising demand from the electronics industry is expected to drive the growth of the precision resistor market in the coming years. The electronics industry encompasses the design, manufacturing, and sale of electronic components and devices used in consumer products, industrial systems, and advanced technologies across multiple sectors. This expansion is being fueled by the growing global demand for semiconductors, particularly as their applications increase in areas such as artificial intelligence, electric vehicles, and consumer electronics. Precision resistors play a critical role in the electronics sector by offering highly accurate and stable resistance values, which ensure reliable circuit performance and meet the stringent requirements of advanced electronic systems. For example, in July 2024, the Semiconductor Industry Association, a US-based trade association, reported that global semiconductor industry sales reached $49.1 billion in May 2024, up 19.3% from $41.2 billion in May 2023 and 4.1% higher than $47.2 billion in April 2024. As a result, the rising demand from the electronics industry is contributing to the growth of the precision resistor market.
Major companies in the precision resistor market are concentrating on developing advanced technological solutions, such as high-precision chip resistors, to improve accuracy, stability, and reliability in electronic circuits. High-precision chip resistors are compact, surface-mount resistors designed to provide highly accurate and stable resistance values with minimal variation under different conditions. For example, in April 2023, YAGEO Group, a Taiwan-based electronic component manufacturer, introduced the VT Series, an automotive-grade thin-film chip resistor offering high-voltage tolerance up to 700 V, AEC-Q200 automotive certification, and enhanced resistance to moisture and sulfur for performance in harsh environments. The emphasis here is on supply-side innovation rather than mere volume expansion, as these advanced resistors carry premium pricing and reinforce the manufacturers' value-chain positioning in automotive and industrial electronics.
In April 2023, Bourns Inc., a US-based electronics manufacturer, acquired Riedon Inc. for an undisclosed sum. This acquisition strengthens Bourns' position in the global resistors market by incorporating Riedon's advanced thick-film, thin-film, wire-wound, and shunt resistor technologies into its product portfolio. The move enables Bourns to provide a broader range of high-quality, reliable resistive and current-sense solutions to meet the growing needs of high-demand markets. Riedon Inc., based in the United States, specializes in designing and producing power and precision resistors.
Major companies operating in the precision resistor market are Panasonic Holdings Corporation, TDK Corporation, TE Connectivity Ltd., Murata Manufacturing Co. Ltd., Delta Electronics Inc., Yageo Corporation, Kyocera AVX, Vishay Intertechnology Inc., Bourns Inc., ROHM Co. Ltd., CTS Corporation, Ever Ohms Technology Co. Ltd., Isabellenhutte Heusler GmbH & Co. KG, Mini-Systems Inc., Caddock Electronics, NIC Components Corporation, Thunder Components Limited, Susumu International, RMC Electronics Private Limited, Thakor Electronics Limited, Watts Electronics Private Limited, SRT Resistor Technology GmbH, Japan Resistor Manufacturing Co. Ltd.
Asia-Pacific was the largest region in the precision resistor market in 2025, and it is expected to be the fastest-growing region in the forecast period. The regions covered in the precision resistor market report are Asia-Pacific, South East Asia, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
The countries covered in the precision resistor market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Taiwan, Russia, South Korea, UK, USA, Canada, Italy, Spain.
The precision resistor market consists of sales of surface-mount precision resistors, precision chip resistors, high-voltage precision resistors, low-ohmic precision resistors, and temperature-compensated precision resistors. Values in this market are 'factory gate' values, that is, the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors, and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.
The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD unless otherwise specified).
The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.
Precision Resistor Market Global Report 2026 from The Business Research Company provides strategists, marketers and senior management with the critical information they need to assess the market.
This report focuses precision resistor market which is experiencing strong growth. The report gives a guide to the trends which will be shaping the market over the next ten years and beyond.
Where is the largest and fastest growing market for precision resistor ? How does the market relate to the overall economy, demography and other similar markets? What forces will shape the market going forward, including technological disruption, regulatory shifts, and changing consumer preferences? The precision resistor market global report from the Business Research Company answers all these questions and many more.
The report covers market characteristics, size and growth, segmentation, regional and country breakdowns, total addressable market (TAM), market attractiveness score (MAS), competitive landscape, market shares, company scoring matrix, trends and strategies for this market. It traces the market's historic and forecast market growth by geography.
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