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Press Release:

Global Chip Resistor Market to Reach US$ 1,557.1 Million by 2027, Impelled by Growing Adoption of Consumer Electronics

COVID-19
The pandemic continues to cause unprecedented disruption across industries worldwide.
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Chip Resistor Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027

Market Overview:

The global chip resistor market reached a value of US$ 1,049.2 Million in 2021. Looking forward, IMARC Group expects the market to reach a value of US$ 1,557.1 Million by 2027 exhibiting a CAGR of 6.20% during 2022-2027. Keeping in mind the uncertainties of COVID-19, we are continuously tracking and evaluating the direct as well as the indirect influence of the pandemic. These insights are included in the report as a major market contributor.

Chip resistors, also known as surface-mount devices or SMD resistors, refer to integrated circuit (IC) devices designed to oppose the flow of electric current. They are typically manufactured in small rectangular or square chip bundles using metal films or metal oxides and covered with multiple layers of a thin protective coating. Nowadays, chip resistors are widely available in fixed and variable resistance variants. They are primarily utilized to operate, protect and control circuits in advanced electronics due to their excellent stability, resistance to temperature, and heat dissipation properties. As a result, chip resistors find extensive applications across numerous industries, including consumer electronics, automotive, transportation, healthcare, information technology (IT) and telecom. 

 

 
 

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Chip Resistor Market Trends:

The increasing usage of consumer electronics, such as smartphones, laptops, smart TVs, automotive logging devices, and speakers, represents the primary factor driving the market growth. Additionally, the emerging trend of electronics miniaturization and the escalating demand for compact devices are accelerating the adoption of chip resistors as they are more cost-efficient and smaller than traditional lead resistors. Besides this, the leading manufacturers are investing heavily in research and development (R&D) activities to launch innovative product variants and expand their product portfolio. For instance, they have developed a high precision thin film chip resistor with the most robust electro-static discharge (ESD) protection to enhance accuracy and reduce the risks of ESDs in industrial robots and automotive electronic control units (ECUs). Furthermore, the increasing sales of high-end automobiles and hybrid electric vehicles are catalyzing the product demand for use in automotive components. Other factors, including the rising digitization across various end use sectors, growing adoption of 4G and 5G technology, rapid urbanization and inflating consumer disposable incomes, are also creating a positive market outlook.

Key Market Segmentation:

IMARC Group provides an analysis of the key trends in each sub-segment of the global chip resistor market, along with forecasts at the global, regional and country level from 2022-2027. Our report has categorized the market based on type, technology and end use.

Breakup by Type:

  • Pressure-Sensitive
  • Thermosensitive
  • Others
     

Breakup by Technology:

 

 
 

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  • Thick Chip Resistors
  • Thin Chip Resistors
  • Others
     

Breakup by End Use:

  • Automotive and Transportation
  • Consumer Electronics
  • Industrial
  • IT and Telecommunication
  • Others
     

Breakup by Region:

 

 
 

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  • North America
    • United States
    • Canada
  • Asia-Pacific
    • China
    • Japan
    • India
    • South Korea
    • Australia
    • Indonesia
    • Others
  • Europe
    • Germany
    • France
    • United Kingdom
    • Italy
    • Spain
    • Russia
    • Others
  • Latin America
    • Brazil
    • Mexico
    • Others
  • Middle East and Africa
     

Competitive Landscape:

The competitive landscape of the industry has also been examined along with the profiles of the key players being Bourns Inc., International Manufacturing Services Inc, Koa Corporation, Panasonic Corporation, Rohm Semiconductor, Samsung Electro-Mechanics, Susumu International U.S.A., TE Connectivity, TT Electronics Plc, Viking Tech Corporation, Vishay Intertechnology Inc. and YAGEO Group.

Report Coverage:

Report Features Details
Base Year of the Analysis 2021
    Historical Period 2016-2021
Forecast Period 2022-2027
Units US$ Million
Segment Coverage Type, Technology, End Use, Region
Region Covered  Asia Pacific, Europe, North America, Latin America, Middle East and Africa
Countries Covered United States, Canada, Germany, France, United Kingdom, Italy, Spain, Russia, China, Japan, India, South Korea, Australia, Indonesia, Brazil, Mexico
Companies Covered Bourns Inc., International Manufacturing Services Inc, Koa Corporation, Panasonic Corporation, Rohm Semiconductor, Samsung Electro-Mechanics, Susumu International U.S.A., TE Connectivity, TT Electronics Plc, Viking Tech Corporation, Vishay Intertechnology Inc. and YAGEO Group.
Customization Scope 10% Free Customization
Report Price and Purchase Option Single User License: US$ 2499
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Post-Sale Analyst Support 10-12 Weeks
Delivery Format PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request)

1    Preface
2    Scope and Methodology
    2.1    Objectives of the Study
    2.2    Stakeholders
    2.3    Data Sources
        2.3.1    Primary Sources
        2.3.2    Secondary Sources
    2.4    Market Estimation
        2.4.1    Bottom-Up Approach
        2.4.2    Top-Down Approach
    2.5    Forecasting Methodology
3    Executive Summary
4    Introduction
    4.1    Overview
    4.2    Key Industry Trends
5    Global Chip Resistor Market
    5.1    Market Overview
    5.2    Market Performance
    5.3    Impact of COVID-19
    5.4    Market Forecast
6    Market Breakup by Type
    6.1    Pressure-Sensitive
        6.1.1 Market Trends
        6.1.2 Market Forecast
    6.2    Thermosensitive
        6.2.1 Market Trends
        6.2.2 Market Forecast
    6.3    Others
        6.3.1 Market Trends
        6.3.2 Market Forecast
7    Market Breakup by Technology
    7.1    Thick Chip Resistors
        7.1.1 Market Trends
        7.1.2 Market Forecast
    7.2    Thin Chip Resistors
        7.2.1 Market Trends
        7.2.2 Market Forecast
    7.3    Others 
        7.3.1 Market Trends
        7.3.2 Market Forecast
8    Market Breakup by End Use
    8.1    Automotive and Transportation
        8.1.1 Market Trends
        8.1.2 Market Forecast
    8.2    Consumer Electronics
        8.2.1 Market Trends
        8.2.2 Market Forecast
    8.3    Industrial
        8.3.1 Market Trends
        8.3.2 Market Forecast
    8.4    IT and Telecommunication
        8.4.1 Market Trends
        8.4.2 Market Forecast
    8.5    Others
        8.5.1 Market Trends
        8.5.2 Market Forecast
9    Market Breakup by Region
    9.1    North America
        9.1.1 United States
           9.1.1.1 Market Trends
           9.1.1.2 Market Forecast
        9.1.2 Canada
           9.1.2.1 Market Trends
           9.1.2.2 Market Forecast
    9.2    Asia-Pacific
        9.2.1 China
           9.2.1.1 Market Trends
           9.2.1.2 Market Forecast
        9.2.2 Japan
           9.2.2.1 Market Trends
           9.2.2.2 Market Forecast
        9.2.3 India
           9.2.3.1 Market Trends
           9.2.3.2 Market Forecast
        9.2.4 South Korea
           9.2.4.1 Market Trends
           9.2.4.2 Market Forecast
        9.2.5 Australia
           9.2.5.1 Market Trends
           9.2.5.2 Market Forecast
        9.2.6 Indonesia
           9.2.6.1 Market Trends
           9.2.6.2 Market Forecast
        9.2.7 Others
           9.2.7.1 Market Trends
           9.2.7.2 Market Forecast
    9.3    Europe
        9.3.1 Germany
           9.3.1.1 Market Trends
           9.3.1.2 Market Forecast
        9.3.2 France
           9.3.2.1 Market Trends
           9.3.2.2 Market Forecast
        9.3.3 United Kingdom
           9.3.3.1 Market Trends
           9.3.3.2 Market Forecast
        9.3.4 Italy
           9.3.4.1 Market Trends
           9.3.4.2 Market Forecast
        9.3.5 Spain
           9.3.5.1 Market Trends
           9.3.5.2 Market Forecast
        9.3.6 Russia
           9.3.6.1 Market Trends
           9.3.6.2 Market Forecast
        9.3.7 Others
           9.3.7.1 Market Trends
           9.3.7.2 Market Forecast
    9.4    Latin America
        9.4.1 Brazil
           9.4.1.1 Market Trends
           9.4.1.2 Market Forecast
        9.4.2 Mexico
           9.4.2.1 Market Trends
           9.4.2.2 Market Forecast
        9.4.3 Others
           9.4.3.1 Market Trends
           9.4.3.2 Market Forecast
    9.5    Middle East and Africa
        9.5.1 Market Trends
        9.5.2 Market Breakup by Country
        9.5.3 Market Forecast
10    SWOT Analysis
    10.1    Overview
    10.2    Strengths
    10.3    Weaknesses
    10.4    Opportunities
    10.5    Threats
11    Value Chain Analysis
12    Porters Five Forces Analysis
    12.1    Overview
    12.2    Bargaining Power of Buyers
    12.3    Bargaining Power of Suppliers
    12.4    Degree of Competition
    12.5    Threat of New Entrants
    12.6    Threat of Substitutes
13    Price Analysis
14    Competitive Landscape
    14.1    Market Structure
    14.2    Key Players
    14.3    Profiles of Key Players
        14.3.1    Bourns Inc.
           14.3.1.1 Company Overview
           14.3.1.2 Product Portfolio
        14.3.2    International Manufacturing Services Inc
           14.3.2.1 Company Overview
           14.3.2.2 Product Portfolio
        14.3.3    Koa Corporation
           14.3.3.1 Company Overview
           14.3.3.2 Product Portfolio
           14.3.3.3 Financials
        14.3.4    Panasonic Corporation 
           14.3.4.1 Company Overview
           14.3.4.2 Product Portfolio
           14.3.4.3 Financials
           14.3.4.4 SWOT Analysis
        14.3.5    Rohm Semiconductor
           14.3.5.1 Company Overview
           14.3.5.2 Product Portfolio
           14.3.5.3 Financials
           14.3.5.4 SWOT Analysis
        14.3.6    Samsung Electro-Mechanics
           14.3.6.1 Company Overview
           14.3.6.2 Product Portfolio
           14.3.6.3 Financials
           14.3.6.4 SWOT Analysis
        14.3.7    Susumu International U.S.A.
           14.3.7.1 Company Overview
           14.3.7.2 Product Portfolio
        14.3.8    TE Connectivity
           14.3.8.1 Company Overview
           14.3.8.2 Product Portfolio
           14.3.8.3 Financials
           14.3.8.4 SWOT Analysis
        14.3.9    TT Electronics Plc
           14.3.9.1 Company Overview
           14.3.9.2 Product Portfolio
           14.3.9.3 Financials
           14.3.9.4 SWOT Analysis
        14.3.10    Viking Tech Corporation
           14.3.10.1 Company Overview
           14.3.10.2 Product Portfolio
           14.3.10.3 Financials
        14.3.11    Vishay Intertechnology Inc.
           14.3.11.1 Company Overview
           14.3.11.2 Product Portfolio
           14.3.11.3 Financials
           14.3.11.4 SWOT Analysis
        14.3.12    YAGEO Group
           14.3.12.1 Company Overview
           14.3.12.2 Product Portfolio
           14.3.12.3 Financials

List of Figures

Figure 1: Global: Chip Resistor Market: Major Drivers and Challenges
Figure 2: Global: Chip Resistor Market: Sales Value (in Million US$), 2016-2021
Figure 3: Global: Chip Resistor Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 4: Global: Chip Resistor Market: Breakup by Type (in %), 2021
Figure 5: Global: Chip Resistor Market: Breakup by Technology (in %), 2021
Figure 6: Global: Chip Resistor Market: Breakup by End Use (in %), 2021
Figure 7: Global: Chip Resistor Market: Breakup by Region (in %), 2021
Figure 8: Global: Chip Resistor (Pressure-Sensitive) Market: Sales Value (in Million US$), 2016 & 2021
Figure 9: Global: Chip Resistor (Pressure-Sensitive) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 10: Global: Chip Resistor (Thermosensitive) Market: Sales Value (in Million US$), 2016 & 2021
Figure 11: Global: Chip Resistor (Thermosensitive) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 12: Global: Chip Resistor (Other Types) Market: Sales Value (in Million US$), 2016 & 2021
Figure 13: Global: Chip Resistor (Other Types) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 14: Global: Chip Resistor (Thick Chip Resistors) Market: Sales Value (in Million US$), 2016 & 2021
Figure 15: Global: Chip Resistor (Thick Chip Resistors) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 16: Global: Chip Resistor (Thin Chip Resistors) Market: Sales Value (in Million US$), 2016 & 2021
Figure 17: Global: Chip Resistor (Thin Chip Resistors) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 18: Global: Chip Resistor (Other Technologies) Market: Sales Value (in Million US$), 2016 & 2021
Figure 19: Global: Chip Resistor (Other Technologies) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 20: Global: Chip Resistor (Automotive and Transportation) Market: Sales Value (in Million US$), 2016 & 2021
Figure 21: Global: Chip Resistor (Automotive and Transportation) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 22: Global: Chip Resistor (Consumer Electronics) Market: Sales Value (in Million US$), 2016 & 2021
Figure 23: Global: Chip Resistor (Consumer Electronics) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 24: Global: Chip Resistor (Industrial) Market: Sales Value (in Million US$), 2016 & 2021
Figure 25: Global: Chip Resistor (Industrial) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 26: Global: Chip Resistor (IT and Telecommunication) Market: Sales Value (in Million US$), 2016 & 2021
Figure 27: Global: Chip Resistor (IT and Telecommunication) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 28: Global: Chip Resistor (Other End Uses) Market: Sales Value (in Million US$), 2016 & 2021
Figure 29: Global: Chip Resistor (Other End Uses) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 30: North America: Chip Resistor Market: Sales Value (in Million US$), 2016 & 2021
Figure 31: North America: Chip Resistor Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 32: United States: Chip Resistor Market: Sales Value (in Million US$), 2016 & 2021
Figure 33: United States: Chip Resistor Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 34: Canada: Chip Resistor Market: Sales Value (in Million US$), 2016 & 2021
Figure 35: Canada: Chip Resistor Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 36: Asia-Pacific: Chip Resistor Market: Sales Value (in Million US$), 2016 & 2021
Figure 37: Asia-Pacific: Chip Resistor Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 38: China: Chip Resistor Market: Sales Value (in Million US$), 2016 & 2021
Figure 39: China: Chip Resistor Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 40: Japan: Chip Resistor Market: Sales Value (in Million US$), 2016 & 2021
Figure 41: Japan: Chip Resistor Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 42: India: Chip Resistor Market: Sales Value (in Million US$), 2016 & 2021
Figure 43: India: Chip Resistor Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 44: South Korea: Chip Resistor Market: Sales Value (in Million US$), 2016 & 2021
Figure 45: South Korea: Chip Resistor Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 46: Australia: Chip Resistor Market: Sales Value (in Million US$), 2016 & 2021
Figure 47: Australia: Chip Resistor Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 48: Indonesia: Chip Resistor Market: Sales Value (in Million US$), 2016 & 2021
Figure 49: Indonesia: Chip Resistor Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 50: Others: Chip Resistor Market: Sales Value (in Million US$), 2016 & 2021
Figure 51: Others: Chip Resistor Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 52: Europe: Chip Resistor Market: Sales Value (in Million US$), 2016 & 2021
Figure 53: Europe: Chip Resistor Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 54: Germany: Chip Resistor Market: Sales Value (in Million US$), 2016 & 2021
Figure 55: Germany: Chip Resistor Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 56: France: Chip Resistor Market: Sales Value (in Million US$), 2016 & 2021
Figure 57: France: Chip Resistor Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 58: United Kingdom: Chip Resistor Market: Sales Value (in Million US$), 2016 & 2021
Figure 59: United Kingdom: Chip Resistor Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 60: Italy: Chip Resistor Market: Sales Value (in Million US$), 2016 & 2021
Figure 61: Italy: Chip Resistor Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 62: Spain: Chip Resistor Market: Sales Value (in Million US$), 2016 & 2021
Figure 63: Spain: Chip Resistor Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 64: Russia: Chip Resistor Market: Sales Value (in Million US$), 2016 & 2021
Figure 65: Russia: Chip Resistor Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 66: Others: Chip Resistor Market: Sales Value (in Million US$), 2016 & 2021
Figure 67: Others: Chip Resistor Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 68: Latin America: Chip Resistor Market: Sales Value (in Million US$), 2016 & 2021
Figure 69: Latin America: Chip Resistor Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 70: Brazil: Chip Resistor Market: Sales Value (in Million US$), 2016 & 2021
Figure 71: Brazil: Chip Resistor Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 72: Mexico: Chip Resistor Market: Sales Value (in Million US$), 2016 & 2021
Figure 73: Mexico: Chip Resistor Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 74: Others: Chip Resistor Market: Sales Value (in Million US$), 2016 & 2021
Figure 75: Others: Chip Resistor Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 76: Middle East and Africa: Chip Resistor Market: Sales Value (in Million US$), 2016 & 2021
Figure 77: Middle East and Africa: Chip Resistor Market: Breakup by Country (in %), 2021
Figure 78: Middle East and Africa: Chip Resistor Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 79: Global: Chip Resistor Industry: SWOT Analysis
Figure 80: Global: Chip Resistor Industry: Value Chain Analysis
Figure 81: Global: Chip Resistor Industry: Porter's Five Forces Analysis

List of Tables

Table 1: Global: Chip Resistor Market: Key Industry Highlights, 2021 and 2027
Table 2: Global: Chip Resistor Market Forecast: Breakup by Type (in Million US$), 2022-2027
Table 3: Global: Chip Resistor Market Forecast: Breakup by Technology (in Million US$), 2022-2027
Table 4: Global: Chip Resistor Market Forecast: Breakup by End Use (in Million US$), 2022-2027
Table 5: Global: Chip Resistor Market Forecast: Breakup by Region (in Million US$), 2022-2027
Table 6: Global: Chip Resistor Market: Competitive Structure
Table 7: Global: Chip Resistor Market: Key Players

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Key Questions Answered in This Report

The global chip resistor market was valued at US$ 1,049.2 Million in 2021.

We expect the global chip resistor market to exhibit a CAGR of 6.20% during 2022-2027.

The extensive utilization of chip resistors to operate, protect, and control circuits in electronic
devices, owing to their excellent stability, high-resistance to temperature, and heat dissipation
properties, is primarily driving the global chip resistor market.

The sudden outbreak of the COVID-19 pandemic had led to the implementation of stringent
lockdown regulations across several nations resulting in temporary closure of numerous
manufacturing units for chip resistor.

Based on the technology, the global chip resistor market has been segmented into thick chip
resistors, thin chip resistors, and others. Among these, thick chip resistors currently represent the
largest market share.

Based on the end use, the global chip resistor market can be bifurcated into automotive and
transportation, consumer electronics, industrial, IT and telecommunication, and others. Currently,
the consumer electronics sector accounts for the majority of the total market share.

On a regional level, the market has been classified into North America, Europe, Asia-Pacific, Middle
East and Africa, and Latin America, where Asia-Pacific currently dominates the global market.

Some of the major players in the global chip resistor market include Bourns Inc., International
Manufacturing Services Inc, Koa Corporation, Panasonic Corporation, Rohm Semiconductor,
Samsung Electro-Mechanics, Susumu International U.S.A., TE Connectivity, TT Electronics Plc, Viking
Tech Corporation, Vishay Intertechnology Inc., and YAGEO Group.

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