North America Current Sampling Resistance Market Forecast to 2028 - COVID-19 Impact and Regional Analysis By Type (Thick Film, Thin Film, and Metal Plate) and Application (Consumer Devices, Industrial, Telecommunication, Automotive, and Other Applications)

Thick Film Segment to Dominate North America Current Sampling Resistance Market During 2021-2028

According to a new market research study on “North America Current Sampling Resistance Market to 2028 - COVID-19 Impact and Regional Analysis and Forecast by Type and Application” is expected to reach US$ 809.83 million by 2028 from US$ 576.48 million in 2021. The market is estimated to grow at a CAGR of 5% from 2021 to 2028. The report provides trends prevailing in the North America current sampling resistance market along with the drivers and restraints pertaining to the market growth. Rising production of consumer electronics and increasing prevalence’s of electric cars are the major factor driving the growth of the North America current sampling resistance market. However, accuracy over a high current range hinders the growth of North America current sampling resistance market.

In case of COVID-19, North America is highly affected specially the US. North America is known for the highest rate of adoption of advanced technologies due to favorable government policies to boost innovation and strengthen infrastructure capabilities. As a result, any factor affecting performance of industries in the region hinders its economic growth. Currently, the US is the world's worst-affected country due to the COVID-19 outbreak, which has led governments to impose several limitations on industrial, commercial, and public activities in the country, to control the spread of infection. Hence, the demand for passive components has steadily declined as a result of the suspension of operations in numerous industries, the closing of different production units, and people's unwillingness to enter the work force. Therefore, the COVID-19 epidemic and its repercussions have impacted the North America's current sampling resistance market in a negative manner.

The North America current sampling resistance market has been analyzed based on type, application, and country. Based on type, the market is segmented into thick film, thin film, and metal plate. The thick film segment dominated the North America current sampling resistance market in 2020 and metal plate segment is expected to be fastest growing during forecast period. Based on application, the market is segmented into consumer devices, industrial, telecommunication, automotive, and other applications. The industrial segment dominated the North America current sampling resistance market in 2020 and consumer devices segment is expected to be fastest growing during forecast period.

Cyntec Co. Ltd.; KOA Speer Electronics, Inc.; Panasonic Corporation; ROHM CO. LTD.; Samsung Electro-Mechanics Co, Ltd.; Susumu Co. Ltd; TT Electronics; Viking Tech Corporation; and Vishay Intertechnology, Inc. are among the leading companies in the North America current sampling resistance market. The companies are focused on adopting organic growth strategies such as product launches and expansions to sustain their position in the dynamic market. For instance, in 2021, Susumu has Selected as one of 2021 Solution Provider TOP10 (Electronics Manufacturer) in the United States. Its ultra-precision thin-film chip resistors that are produced using its thin-film technology make it possible for our customers to realize high quality and high performance in their electronic equipment manufacturing market.

The report segments the North America Current Sampling Resistance Market as follows:

North America Current Sampling Resistance Market - By Type

• Thick Film
• Thin Film
• Metal Plate

North America Current Sampling Resistance Market - By Application

• Consumer Devices
• Industrial
• Telecommunication
• Automotive
• Other Applications

North America Current Sampling Resistance Market - By Country

• US
• Canada
• Mexico

Reasons to buy:

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• The key findings and recommendations highlight crucial progressive industry trends in North America current sampling resistance market, thereby allowing players across the value chain to develop effective long-term strategies
• Develop/modify business expansion plans by using substantial growth offering developed and emerging markets
• Scrutinize in-depth North America market trends and outlook coupled with the factors driving the current sampling resistance market, as well as those hindering it
• Enhance the decision-making process by understanding the strategies that underpin commercial interest with respect to client products, segmentation, pricing and distribution