Press release
Thick Film Devices Market 2021 Analysis by Top Manufacturers – Panasonic Corporation, Samsung Electronics Co. Ltd, Vishay Intertechnology Inc., Rohm Semiconductor GmbH, TE Connectivity Ltd
The Thick Film Devices Market report is a compilation of first-hand information, qualitative and quantitative assessment by industry analysts, inputs from industry experts and industry participants across the value chain. The report provides in-depth analysis of parent market trends, macro-economic indicators and governing factors along with market attractiveness as per segments. The report also maps the qualitative impact of various market factors on market segments and geographies.The thick film devices market has been valued at USD 83.21 billion in 2019 and is expected to register a CAGR of 14.04% over the forecast period 2020 to 2025 to reach USD 177.13 billion by 2025.
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Top Leading Companies of Thick Film Devices Market are Panasonic Corporation, Samsung Electronics Co. Ltd, Vishay Intertechnology Inc., Rohm Semiconductor GmbH, TE Connectivity Ltd, KOA Speer Electronics Inc., AVX Corporation, Aragonesa de Componentes Pasivos SA, Wurth Electronics Inc., Other Companies Analyzed, Murata Manufacturing Co. Ltd, YAGEO Corp., Viking Tech Corporation, Walsin Technology Corporation, Bourns Inc., Chromalox Inc., Ferro Techniek BV and others.
Industry News and Updates
- April 2020 - Panasonic Corporation introduced NEW ERJ-UP3 Series Anti-Sulfurated Thick Film Chip Resistors, Anti-Surge Type in 0603-inch case size. It is designed to be extremely durable in challenging or unclean, harsh environments. It provides anti-sulfurization characteristics that avoid an open circuit caused by a sulfide disconnection.
- February 2020 - Vishay Intertechnology, Inc. introduced the first high power resistors on the market to be offered with its AEC-Q200 qualified thick film high power resistors. It is designed for direct mounting on a heatsink. The company's Sfernice LPSA range of products delivers high power dissipation and pulse handling capabilities, which in turn helps the designers to reduce component counts and lower costs in automotive applications.
Key Market Trends
Asia-Pacific to Witness the Highest Growth
- Asia-Pacific is one of the most significant regions for the thick film devices market, mainly due to government policies favoring the growth of semiconductor manufacturing. Also, the region is the largest producer of consumer electronics. Also, the Chinese government raised around USD 23-30 billion to pay for the second phase of its National IC Investment Fund. Moreover, the growth of the food processing industry in China and India is further expected to fuel the demand for the thick film devices market.
- The expansion of the semiconductor industry throughout the region and the rising adoption of MEMS among various industries are bolstering the demand for thick film devices in the region. For instance, the consumption of semiconductors is rapidly increasing in China, compared to other countries, owing to the continuing transfer of global, diverse electronic equipment to China, wherein the product is a necessary component. China is home to three of the top five largest smartphone companies worldwide, posing tremendous opportunities for the thick film device market.
- According to India Electronics and Semiconductor Association, the semiconductor component market in the country is expected to be worth USD 32.35 billion by 2025, while displaying a CAGR of 10.1% (2018-2025). The report states that the country is a lucrative destination for global R&D centers. Thus, the government's ongoing Make in India initiative is expected to result in investments in the semiconductor industry in the country, further providing ample opportunities for the market.
Regional Outlook of Thick Film Devices Market report includes the following geographic areas such as: North America, Europe, China, Japan, Southeast Asia, India and ROW.
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What Are The Market Factors That Are Explained In The Report?
Key Strategic Developments: The study also includes the key strategic developments of the market, comprising R&D, new product launch, M&A, agreements, collaborations, partnerships, joint ventures, and regional growth of the leading competitors operating in the market on a global and regional scale.
Analytical Tools: The Thick Film Devices Market Report includes the accurately studied and assessed data of the key industry players and their scope in the market by means of a number of analytical tools. The analytical tools such as Porter’s five forces analysis, SWOT analysis, feasibility study, and investment return analysis have been used to analyze the growth of the key players operating in the market.
Key Market Features: The report evaluated key market features, including revenue, price, capacity, capacity utilization rate, gross, production, production rate, consumption, import/export, supply/demand, cost, market share, CAGR, and gross margin. In addition, the study offers a comprehensive study of the key market dynamics and their latest trends, along with pertinent market segments and sub-segments.
Customization of the Report: This report can be customized as per your needs for additional data up to 3 companies or countries or 40 analyst hours.
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MarketInsightsReports provides syndicated market research on industry verticals including Healthcare, Information and Communication Technology (ICT), Technology and Media, Chemicals, Materials, Energy, Heavy Industry, etc. MarketInsightsReports provides global and regional market intelligence coverage, a 360-degree market view which includes statistical forecasts, competitive landscape, detailed segmentation, key trends, and strategic recommendations.
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