Global Chip Resistors Market to Reach $3.4 Billion by 2030
The global market for Chip Resistors estimated at US$2.3 Billion in the year 2022, is projected to reach a revised size of US$3.4 Billion by 2030, growing at a CAGR of 5.2% over the analysis period 2022-2030. Thick-Film Resistors, one of the segments analyzed in the report, is projected to record 6.4% CAGR and reach US$1.4 Billion by the end of the analysis period. Taking into account the ongoing post pandemic recovery, growth in the Thin-Film Resistors segment is readjusted to a revised 4.8% CAGR for the next 8-year period.The U.S. Market is Estimated at $620.1 Million, While China is Forecast to Grow at 10.5% CAGR
The Chip Resistors market in the U.S. is estimated at US$620.1 Million in the year 2022. China, the world's second largest economy, is forecast to reach a projected market size of US$850 Million by the year 2030 trailing a CAGR of 10.5% over the analysis period 2022 to 2030. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 1.3% and 3.4% respectively over the 2022-2030 period. Within Europe, Germany is forecast to grow at approximately 2.6% CAGR.Select Competitors (Total 36 Featured) -
- ASJ Holdings Limited
- AVX
- BDS Electronics Inc
- Bourns
- China Zhenhua Group
- International Manufacturing Services
- KOA Corporation
- Murata Manufacturing Co.
- Ohmite
- Panasonic
- Rohm
- Samsung Electro-Mechanics
- Sevenstar
- TE Connectivity
- TT Electronics
- Tzai Yuan Enterprise Co.
- Viking Tech
- Vishay
- Yageo
What's New?
- Special coverage on Russia-Ukraine war; global inflation; easing of zero-Covid policy in China and its 'bumpy' reopening; supply chain disruptions, global trade tensions; and risk of recession.
- Global competitiveness and key competitor percentage market shares
- Market presence across multiple geographies - Strong/Active/Niche/Trivial
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Table of Contents
Companies Mentioned (Partial List)
A selection of companies mentioned in this report includes, but is not limited to:
- ASJ Holdings Limited
- AVX
- BDS Electronics Inc
- Bourns
- China Zhenhua Group
- International Manufacturing Services
- KOA Corporation
- Murata Manufacturing Co.
- Ohmite
- Panasonic
- Rohm
- Samsung Electro-Mechanics
- Sevenstar
- TE Connectivity
- TT Electronics
- Tzai Yuan Enterprise Co.
- Viking Tech
- Vishay
- Yageo
Table Information
Report Attribute | Details |
---|---|
No. of Pages | 92 |
Published | April 2024 |
Forecast Period | 2022 - 2030 |
Estimated Market Value ( USD | $ 2.3 Billion |
Forecasted Market Value ( USD | $ 3.4 Billion |
Compound Annual Growth Rate | 5.0% |
Regions Covered | Global |