Resistor Market Report 2026

The resistor market size has grown steadily in recent years. It will grow from $10.85 billion in 2025 to $11.2 billion in 2026 at a compound annual growth rate (CAGR) of 3.2%. The growth in the historic period can be attributed to early expansion of consumer electronics manufacturing, rise in adoption of fixed and variable resistors, improvements in resistor material technologies, growing use of resistors in automotive electronics, increased demand for circuit protection components.

The resistor market size is expected to see steady growth in the next few years. It will grow to $12.84 billion in 2030 at a compound annual growth rate (CAGR) of 3.5%. The growth in the forecast period can be attributed to growth in electric mobility and charging systems, rising integration of resistors into iot devices, increasing demand for high power resistors in industrial equipment, expansion of aerospace and defense electronic systems, growing investment in high density electronic circuit designs. Major trends in the forecast period include growing demand for high precision and miniature resistors, increasing use of resistors in power electronics applications, rising adoption of advanced resistor materials for high performance, expansion of consumer electronics and computing devices, shift toward reliable and long life cycle components.

The rising demand for wearable devices is expected to drive the growth of the resistor market going forward. Wearable devices are electronic products worn on the body as accessories, equipped with various sensors and often connected to smartphones or other devices to deliver information or perform specific functions. Resistors are used in wearable devices as essential components that support precise control, miniaturization, and innovation within electronic systems. For example, in March 2025, YouGov, a UK-based global public opinion and data analytics company, reported that young adults (18-34) are more likely to use wearables, with 46% of 18-24-year-olds and 47% of 25-34-year-olds owning a smartwatch, compared to only 19% of individuals aged 55 and older. Therefore, the increasing demand for wearable devices is fueling the growth of the resistor market.

Major companies operating in the resistor market are concentrating on developing innovative technologies, such as thin-film resistors, to ensure high resistance stability. Thin-film technology is a modern engineering method that involves creating extremely thin layers of material, typically ranging from a nanometer to a few micrometers in thickness. For example, in December 2024, Vishay Intertechnology, Inc., a United States-based semiconductor and electronic components manufacturer, introduced the MMU, MMA, and MMB series precision thin-film MELF resistors. These newly launched resistors provide resistance values up to 10 MΩ, tight tolerances as low as ±0.1%, and a temperature coefficient of resistance down to ±15 ppm/K, making them ideal for applications requiring high stability and reliability. These resistors are designed for automotive, industrial, and medical electronics markets and are AEC-Q200 qualified for automotive-grade reliability.

In April 2023, Bourns Inc., a US-based electronics company, acquired Riedon Inc. for an undisclosed amount. This acquisition marks a significant step in Bourns' strategy to expand its protection portfolio. The acquisition not only complements Bourns' existing resistor product line but also enables the company to offer a broader and more comprehensive range of resistive and current sense solutions. Furthermore, it positions Bourns to effectively meet the technology and advanced product demands of high-growth markets. Riedon Inc. is a US-based manufacturer specializing in precision resistors.

Major companies operating in the resistor market are Panasonic Corporation, Honeywell International Inc., Walsin Technology Corporation, TE Connectivity, Murata Manufacturing, OKAYA Electric Industries Co. Ltd., Samsung Electro-Mechanics, Rohm Co. Ltd., Yageo Corporation, Vishay Intertechnology, Bourns Inc., AVX Corporation, CTS Corporation, Ohmite Manufacturing Company, Viking Tech Corporation, Susumu Co. Ltd., Stackpole Electronics Inc., Cyntec Electronics, Caddock Electronics Inc., Cressall Resistors, Arcol, HVR Pentagon, KOA Corporation, Shenzhen Sunlord Electronics Co. Ltd.

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 on electronic components, metal alloys, and semiconductor materials have increased manufacturing costs for resistors, particularly impacting high volume segments such as consumer electronics and automotive applications. Regions dependent on imported raw materials, including North America and Europe, face higher procurement expenses and extended lead times. However, tariffs are also encouraging localized sourcing, stimulating domestic production of resistor materials, and supporting long term resilience in regional electronics supply chains.

The resistor market research report is one of a series of new reports that provides resistor market statistics, including resistor industry global market size, regional shares, competitors with a resistor market share, detailed resistor market segments, market trends and opportunities, and any further data you may need to thrive in the resistor industry. This 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.

A resistor is a passive electrical component that introduces resistance into an electric circuit, regulating the flow of current. It is a crucial element in electronic design, found in a wide range of electronic devices and systems, used to manage or limit the amount of electrical current passing through a circuit.

Resistors can be classified into two main types include linear resistors and fixed resistors. Linear resistors exhibit a linear relationship between the voltage applied across their terminals and the current passing through them. They are manufactured using thin films and thick films and are utilized in various industries such as automotive, aerospace and defense, communications, consumer electronics and computing, among others.Asia-Pacific was the largest region in the resistor market in 2025. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the 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 resistor market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Taiwan, Russia, South Korea, UK, USA, Canada, Italy, Spain.

The resistor market consists of sales of carbon composition resistors, variable resistors, light-dependent resistors, thermocouples, network resistors, and surface mount 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.

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