Chip Resistor Market Report 2026

The chip resistor market size has grown strongly in recent years. It will grow from $1.51 billion in 2025 to $1.6 billion in 2026 at a compound annual growth rate (CAGR) of 6.1%. The growth in the historic period can be attributed to miniaturization of electronic devices, growth of surface mount technology adoption, expansion of consumer electronics manufacturing, rising demand for circuit protection components, increased use of resistors in automotive electronics.

The chip resistor market size is expected to see strong growth in the next few years. It will grow to $2.08 billion in 2030 at a compound annual growth rate (CAGR) of 6.8%. The growth in the forecast period can be attributed to growth of electric vehicle electronics, expansion of iot enabled devices, rising demand for high reliability industrial electronics, increased adoption of advanced driver assistance systems, growth of smart healthcare equipment. Major trends in the forecast period include growing demand for miniaturized and high density chip resistors, rising adoption of high precision and low tolerance resistors, increasing use of chip resistors in high temperature applications, expansion of thin film chip resistor technologies, growing focus on reliability and long term stability.

The rising demand for compact devices is expected to fuel the growth of the chip resistor market going forward. Compact devices are small, portable electronic gadgets - such as smartphones, tablets, and wearable technologies - designed to offer advanced functionality and convenience. This growing demand is driven by increasing consumer preference for portability, continuous technological advancements, and the heightened need for connectivity and convenience in daily life. Chip resistors are extensively used in compact devices due to their small size and surface-mount design, which allow for efficient space utilization and seamless integration into electronic circuits without sacrificing performance. For instance, according to Digital Commerce 360, a US-based ecommerce and media company, online sales in the consumer electronics category continued to grow, with online penetration reaching 72.9% after exceeding $51.3 billion in 2022. Therefore, the rising demand for compact devices is driving the chip resistor market.

Major companies in the chip resistor market are increasingly focused on developing innovative products, such as automotive-grade chip resistors, to effectively meet the demands of high-voltage industrial environments. Automotive-grade chip resistors are highly reliable electronic components designed to meet the strict performance and durability standards necessary for automotive applications. For example, in April 2023, YAGEO Group, a Taiwan-based electronic component manufacturer, introduced the VT Series, an automotive-grade thin-film chip resistor known for its high voltage tolerance, precision, and stability. The VT Series features a distinctive laser trimming design, ensuring exceptional voltage endurance and consistent resistance stability, even in harsh environments. Additionally, its AEC-Q200 qualification, resistance to sulfur and moisture, and low TCR make it a highly reliable choice for demanding applications in automotive, telecom, industrial, medical, and power systems.

In April 2023, Bourns, Inc., a US-based electronics manufacturer, acquired the assets of Riedon, Inc. for an undisclosed sum. This acquisition aims to broaden and strengthen Bourns’ resistor portfolio by incorporating Riedon’s extensive range of high-quality thick-film, thin-film, wire-wound, and shunt resistors. Riedon, Inc. is a US-based provider of various chip resistors, which are a type of surface-mount (SMT) resistor.

Major companies operating in the chip resistor market are Samsung Electronics Co., Panasonic Holdings Corporation, TE Connectivity Ltd., Murata Manufacturing Co. Ltd., YAGEO Corp., Rohm Co. Ltd., Vishay Intertechnology Inc., Bourns Inc., AVX Corporation, Walsin Technology Corp., China Zhenhua Group, Darfon Electronics Corporation, Tt Electronics Plc, Guangdong Fenghua Advanced Technology Holding Co. Ltd., CTS Corporation, HolyStone International, Kyocera AVX, Ta-I Technology Co. Ltd., Ohmite Mfg Co., KOA Speer Electronics Inc., Ever Ohms Technology Co. Ltd., Cyntec Co. Ltd., Stackpole Electronics Inc., Caddock Electronics Inc., Elektronische Bauelemente GmbH, Susumu Co. Ltd., Viking Tech, International Manufacturing Services Inc., Ralec Corp., Token Electronics Industry Co. Ltd., Asj Holdings Limited.

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 ceramic substrates, metal alloys, electronic materials, and semiconductor manufacturing equipment have increased production costs and supply chain complexity in the chip resistor market. Consumer electronics, automotive, and industrial segments are most affected, particularly in Asia Pacific and North America where cross border sourcing is high. These tariffs have led to pricing pressure and longer lead times for high volume chip resistors. However, they are also encouraging localized manufacturing, supplier diversification, and innovation in cost optimized resistor designs to improve long term supply resilience.

The chip resistor market research report is one of a series of new reports that provides chip resistor market statistics, including chip resistor industry global market size, regional shares, competitors with a chip resistor market share, detailed chip resistor market segments, market trends and opportunities, and any further data you may need to thrive in the chip resistor industry. This chip 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 chip resistor is an electronic component mounted on a surface to provide resistance in a circuit. Typically, it consists of resistive material deposited on a ceramic substrate, ensuring both compactness and reliability. These resistors are widely employed in electronic devices due to their small size and ease of integration.

Chip resistors come in various types including pressure-sensitive and thermosensitive variants. Pressure-sensitive chip resistors alter their resistance based on applied pressure. They are categorized into thick chip resistors, thin chip resistors, and others, using materials such as silver, palladium, cupronickel, and others. These resistors operate at voltages ranging from up to 50V, 51V to 200V, 201V to 400V, and above 400V. They find applications across diverse industries such as consumer electronics, information technology, telecommunications, automotive, industrial, healthcare, aerospace, defense, energy, utilities, and others.Asia-Pacific was the largest region in the chip resistor market in 2025. The regions covered in the chip 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 chip resistor market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Taiwan, Russia, South Korea, UK, USA, Canada, Italy, Spain.

The chip resistor market consists of sales of nichrome chip resistors, ceramic chip resistors, metal film chip resistors, carbon film chip resistors, tantalum nitride chip resistors, and silicon chip 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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