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MELF Resistors Market: Size, Share, Growth, Analysis, Key Players, Revenue, Growth | Valuates Reports
MELF Resistors Market SizeGlobal Thin Film Resistors market is projected to reach US$ 704.9 million in 2029, increasing from US$ 505.7 million in 2022, with the CAGR of 4.8% during the period of 2023 to 2029.
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MELF Resistors Market
Metal electrode leadless face (MELF) is a type of leadless cylindrical electronic surface mount device that is metallized at its ends. MELF devices are usually diodes and resistors.
MELF resistor is a combination of SMD technology in carbon and metal film, providing such features as: precision, ultra miniature sizes, high stability, and high quality, well suitable for most applications.
According to new survey, global MELF Resistors market is projected to reach US$ million in 2029, increasing from US$ million in 2022, with the CAGR of % during the period of 2023 to 2029. Influencing issues, such as economy environments, COVID-19 and Russia-Ukraine War, have led to great market fluctuations in the past few years and are considered comprehensively in the whole MELF Resistors market research.
Thin Film Resistors report published by reveals that COVID-19 and Russia-Ukraine War impacted the market dually in 2022. Demand from Industrial and Measurement Equipment and Medical Equipment are the major drivers for the industry.
North America is the largest market, with a share about 30%, followed by Europe and China with the share about 27% and 16%.
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Segment by Type
• High Precision MELF Resistors
• High Frequency MELF Resistors
• High Voltage MELF Resistors
Segment by Application
• Industrial Electronics
• Telecommunication Infrastructure
• Automotive
• Others
By Company
Vishay, KOA Speer, TE Connectivity, TT Electronics, YAGEO, Multicomp, Viking Tech, Ohmite, FIRSTOHM, watts, Direct Electronics, Microhm Electronics, Minchuang
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