Middle East and Africa 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)

Consumer Devices Segment is Expected to be Fastest Growing During Forecast Period for MEA Region

According to a new market research study on “MEA Current Sampling Resistance Market to 2028 - COVID-19 Impact and Regional Analysis and Forecast by Type and Application” is expected to reach US$ 108.10 million by 2028 from US$ 86.89 million in 2021. The market is estimated to grow at a CAGR of 3.2% from 2021 to 2028. The report provides trends prevailing in the MEA current sampling resistance market along with the drivers and restraints pertaining to the market growth. Burgeoning use of high-density mounting resistors and mounting large scale commercialization of IoT and IIoT are the major factor driving the growth of the MEA current sampling resistance market. However, limited accuracy over a high current range hinders the growth of MEA current sampling resistance market.

In case of COVID-19, MEA is highly affected especially Saudi Arabia. The UAE, Egypt, Morocco, and Kuwait are some of the other MEA countries that are facing the effects of COVID-19 pandemic. The majority of operations in the region have been suspended due to an increase in the number of cases in the region. In order to deal with the pandemic, countries have been compelled to redirect funds to improve their healthcare infrastructure. As a result, the demand for passive components in the electronic industry is dwindling. As a result, the COVID-19 pandemic is limiting the demand development of current sampling resistors in the Middle East and Africa.

The MEA 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 MEA 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 MEA current sampling resistance market in 2020 and consumer devices segment is expected to be fastest growing during forecast period.

Panasonic Corporation; ROHM CO. LTD.; Susumu Co. Ltd; TT Electronics; Viking Tech Corporation; and Vishay Intertechnology, Inc. are among the leading companies in the MEA 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 2018, Vishay Intertechnology, Inc. has added a new line of 0612 case size devices to their NCW AT family of wide terminal thin film chip resistors. Vishay Beyschlag NCW 0612 AT components for power electronics are used in automotive and industrial applications. They combine high temperature performance and outstanding long-term stability with high power dissipation up to 1 W and low resistance values down to 0.10.

The report segments the MEA Current Sampling Resistance Market as follows:

MEA Current Sampling Resistance Market - By Type

• Thick Film
• Thin Film
• Metal Plate

MEA Current Sampling Resistance Market - By Application

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

MEA Current Sampling Resistance Market - By Country

• South Africa
• Saudi Arabia
• UAE
• Rest of MEA

Reasons to buy:

• Save and reduce time carrying out entry-level research by identifying the growth, size, leading players and segments in the MEA current sampling resistance market.
• Highlights key business priorities in order to assist companies to realign their business strategies
• The key findings and recommendations highlight crucial progressive industry trends in MEA 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 MEA 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