Global Chip Resistor Market Size is estimated to expand rapidly in coming years, at a CAGR of 3.6 % from 2018 to 2025. In 2017, the global market valuation was USD 1.71 billion, and it is anticipated to be greater than USD xx.xx billion by 2025. Over the last few years, the Chip Resistor market has seen important developments and is expected to expand enormously in the prediction era. Chip resistors have DC or AC limiting characteristics. Such characteristics are used to lower the voltage or maintain the flow within an electronic circuit at a particular dimension. Obstruction meets Ohm's law in principle. The necessary barrier value is comprised of materials of elevated and poor electrical conductivity. Geographically, Asia Pacific region is expected to be the highest growing region in the global market of chip resistors.

Global Market Growth Opportunities (Revenue, Growth) By 2017-2025

This global market study report analysis offers in-depth insights, revenue details, and other vital information regarding the global chip resistor market, and the various trends, drivers, restraints, opportunities, and threats in the target market till 2025. The report offers insightful and detailed information regarding the various key players operating in the market, their financials, supply chain trends, technological innovations, key developments, apart from future strategies, acquisitions & mergers, and market footprint. The global chip resistor market report has been segmented on the basis of type, application, and region. It includes the estimation of the market size, in terms of value, with respect to 4 main geographies, namely, North America, Europe, APAC, and RoW.

Segment Analysis

By Type Insights: On the basis of type, global chip resistor market has been segmented into thick-film resistor, thin-film resistor, current-sensing resistor. In 2018, in terms of sales, the thick film resistor section had a large market share. The result is that thick-foil chip resistors are low-cost and commonly used in a multitude of consumer electronic systems.

By Application Insights: On the basis of application, global chip resistor market has been segmented into consumer electronics, industrial, automotive and transportation, medical, telecommunication, aerospace and defense. Among which automotive and transportation segment held largest market share in the global market share. The growing implementation of electronics and fast progress in electric vehicles can be ascribed to that. In addition, during the prediction era, the manufacturing & transport sector is anticipated to grow at a substantial CAGR.

Regional Analysis

The chip resistor market is divided into regions that are North America - U.S, Canada, Other; Asia-Pacific -India, Japan, China, Australia, Other; Europe - UK, Russia, France, Brazil, Other; Middle East and Africa. Every region analysis details in sense of growth, revenue, volume, challenges, and opportunities with the regional and global key players. In the prediction era, Asia Pacific is anticipated to retain the highest percentage of the world chip resistor industry. The growth of electric vehicles in the region, particularly in China, is mainly due to growing consumer electronics sector.

In America's conjecture, North America is expected to give the world's most intense chip resistance industry. The evolution of electric vehicles in the district, especially in the US, is essentially attributed to the increasing consumers ' electronic sector. Europe is anticipated to dominate the global chip resistor market over the projected period owing to the presence of key players in the region and increasing R&D activities in the region.

Global Chip Resistor Market Size, Share Analysis by Region 2017

Global Chip Resistor Market Study Objective

1. To forecast the market size of chip resistor market, along with describing and defining the market, in terms of volume and revenue as well as market opportunities for stakeholders, in order to provide a competitive landscape for global market players.

2. Market analysis and forecast of chip resistor market on the basis of region, substrate, and application or end-use industry. To profile major market players, and to analyze their market shares and essential competencies comprehensively.

3. To analyze and elaborate significant factors that will have a major impact on the growth of chip resistor market, such as drivers, restraints, challenges, and opportunities.

4. The regional analysis of chip resistor market, to induce market size of five global major regions, which include, Europe, North America, South America, Middle East & Africa, and the Asia Pacific.

5. Strategic analysis of micro markets, in terms of individual prospects, opportunities, growth trends and their involvement in the overall market.

6. To provide detailed analysis of competitive and strategic developments in the chip resistor market like a new product launch, partnership & agreement, investment & expansion, and company merger & acquisitions.

Key Players Landscape

Rohm Semiconductors, Yageo Corporation, TE Connectivity Ltd., Susumu Co. Ltd., Bourns Inc., and CTS Corporation are some of the key players in the market of chip resistor.

Global Chip Resistor Market Study Report Offer You!

The global chip resistor market study report gives an idea about market size, share, stock, equity, investment and total price analysis. Also, the report provides comprehensively industry insights with all major factors such as market credit, allocation, demand, distribution, market scope, key players, end user & applications, provisions, livestock, commodities and industry economics analysis, future growth & forecast. The global market report includes all depth data like pre-market emphasis, market survey, market investment, industry advice, portfolio, finance, access, trade, market exploration, industry review and market predication & projection to develop effective strategies for optimizing their market position.