Press release
Thin Film Chip Resistor Market is expected to grow at a CAGR of 4.41% from 2023-2030 : Cognitive Market Research

Thin Film Chip Resistor Market is expected to grow at a CAGR of 4.41% from 2023-2030 : Cognitive Market Research
Thin Film Chip resistors are resistors, which are made from a thin film of material. Thin film chip resistors are available in rectangular or square chip packages and are extremely compact surface-mounted electronic components. These are used to operate, safeguard, and control circuits. In addition, thin film chip resistors are used in circuits to manage the electric current supply in order to operate the device or system efficiently.
Summary:
• The Thin Film Chip Resistor Market Size Was Valued at USD 639.21 Million In 2022 And Is Expected to Grow at A CAGR Of 4.41 % During the Forecast Period, Reaching USD 1.16 Billion By 2030.
• Based on type, the ultra-precision 0.05% tolerance segment has the largest revenue share in the thin film chip resistors market.
• Based on application, the instrumentation segment has the largest revenue share in the thin film chip resistors market.
• Based on end-user, the industrial equipment segment has the largest revenue share in the thin film chip resistors market.
• North America has the largest revenue share in the thin film chip resistors market.
To know more The Thin Film Chip Resistor Market statistics click here:
https://www.cognitivemarketresearch.com/thin-film-chip-resistors-market-report
Market Dynamics:
Increasing demand for chip resistors to manage electric current supply efficiently is the key factor expected to drive the growth of the thin film chip resistors market. Furthermore, advancements in emerging technologies such as electric and driverless cars, 5G, and the internet of things are projected to create growth opportunities for the thin film chip resistors market. However, the increasing cost of raw materials and the development of new technologies to replace thin film chip resistors hamper the growth of the target market.
Market Segmentation:
Type:
• Ultra-Precision 0.05% Tolerance
• 0.1% Tolerance
• 1% Tolerance
• Others
Based on type, the ultra-precision 0.05% tolerance segment has the largest revenue share in the thin film chip resistors market. This is attributed to Ultra-precision 0.05% tolerance is a new phrase in the thin film chip resistors industry, which has grown in popularity among customers and producers.
Application:
• Instrumentation
• Medical Instruments
• Power Supply
• Electric Power Equipment
• Electronic Digital Products
• Others
Based on application, the instrumentation segment has the largest revenue share in the thin film chip resistors market. This is attributed to thin film chip resistor applications for instruments such as precision resistors, potentiometers, and thermometers including consumer electronics, medical devices, and telecommunications equipment. This is the high degree of accuracy and thin profile design, which makes it particularly suitable for packaging purposes.
End-User:
• Industrial Equipment
• Consumer Electronics
• Others
Based on end-user, the industrial equipment segment has the largest revenue share in the thin film chip resistors market. This is due to the increasing use of industrial equipment for controlling voltage and reducing resistance projected to drive the growth of the industrial equipment segment.
Competitive Analysis for Thin Film Chip Resistor Market:
Elektronische Bauelemente GmbH (EBG), Ever Ohms Technology Co. Ltd., KOA, Panasonic, Ralec Electronics Corp., Rohm Co. Ltd., Samsung Electro Mechanics, Ta I Technology Co. Ltd, Tateyama Kagaku Industry Co. Ltd., Uniohm, Vishay, Walsin Technology Corporation, Yageo
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Regional Analysis:
North America accounted for the largest share of the thin film chip resistors market
North America has the largest revenue share in the thin film chip resistors market. This is due to the increasing demand for electronic digital products, such as smartphones and tablets in the region. In addition, the increasing adoption of thin film chip resistors in various applications such as instrumentation and medical instruments is anticipated to drive the growth of the target market in the region.
Browse Here For Full TOC:
Table of Content (Revenue USD Edition), (Enquire about Volume/Consumption Edition Data)
Chapter 1 Industrial Insight and Market Scope
• 1.1 Global Thin Film Chip Resistors Industry Introduction
• 1.2 Objectives of the Study
• 1.3 USP of the Report
• 1.4 Who is this report for?
• 1.5 Designing of Market Scope
1.5.1 Thin Film Chip Resistors Market Segmentation
1.5.1 Thin Film Chip Resistors Market Regional Fragmentation
1.5.1 Thin Film Chip Resistors Market Players
• 1.6 Report Duration
Chapter 2 Research MethodologyReview Complete Research Methodology
Chapter 3 Executive Summary of Thin Film Chip Resistors Market
• 3.1 Global Thin Film Chip Resistors Market Size 2018 - 2030, (USD Million)
• 3.2 Global Thin Film Chip Resistors Market Statistics 2022: Snapshot
Chapter 4 Global Thin Film Chip Resistors Market Overview
Chapter 5 Competitive Analysis (Subject to Availability)
Chapter 6 Qualitative Analysis
Chapter 7 Company Profiling (Subject to Availability)
Chapter 8 Global Thin Film Chip Resistors Market by Type Segmentation Analysis (2018-2030)
Chapter 9 Global Thin Film Chip Resistors Market by Application Segmentation Analysis (2018-2030)
Chapter 10 Global Thin Film Chip Resistors Market by End-User Segmentation Analysis (2018-2030)
Chapter 11 Global Thin Film Chip Resistors Market Regional Analysis
Chapter 12 North America Thin Film Chip Resistors Market Outlook (2018 - 2030)
Chapter 13 Europe Thin Film Chip Resistors Market Outlook (2018 - 2030)
Chapter 14 Asia Pacific Thin Film Chip Resistors Market Outlook (2018 - 2030)
Chapter 15 Latin America Thin Film Chip Resistors Market Outlook (2018 - 2030)
Chapter 16 Middle East and Africa Thin Film Chip Resistors Market Outlook (2018 - 2030)
Chapter 17 Research Findings
To know more Thin Film Chip Resistors Market TOC click here:
https://www.cognitivemarketresearch.com/thin-film-chip-resistors-market-report#table_of_contents
Related Report:
Thick Film Resistor Market:
https://www.cognitivemarketresearch.com/thick-film-resistors-market-report
Precision Thin Film Chip Resistors Market:
https://www.cognitivemarketresearch.com/precision-thin-film-chip-resistors-market-report
Chip Resistor Market:
https://www.cognitivemarketresearch.com/chip-resistor-market-report
Analog Semiconductor Market:
https://www.cognitivemarketresearch.com/analog-semiconductors-market-report
𝐂𝐨𝐧𝐭𝐚𝐜𝐭 𝐔𝐬
Nicolas Shaw
Cognitive Market Research
20 N State Street,Chicago,
Illinois, 60602
United States
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Email: sales@cognitivemarketresearch.com
Website: https://www.cognitivemarketresearch.com/about-us
About Cognitive Market Research Company :
Cognitive Market Research has evolved as one leading market research and consulting firm and it provides services across multiple domains. Cognitive Market Research gathers and analyzes data about customers, competitors, distributors, and other market actors and forces operational across the value chain. As a market research company, we follow a complete process of gathering information about the target market and end-use industries to verify the complete journey of the product or service in the global market. It helps our readers understand the demand and viability of their product/service and how it might perform in the real world and help them to build business strategies accordingly.
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