Chip Resistor Market revenue is expected to grow at a CAGR of 10.1% from 2024 to 2030, reaching nearly USD 3.7 Billion by 2030 according to Maximize Market Research

A Global Electronics business-consulting firm, Maximize Market Research, has published a market intelligence and competitive landscape report on the "Chip Resistor Market". The report is a combination of primary data and secondary data and domain experts have analysed the Chip Resistor Market from a local, regional and global point of view. Over the forecast period, Maximize Market Research expects the Chip Resistor Market to grow from USD 1.89 Bn in 2023 to USD 3.7 Bn in 2030 at a CAGR of 10.1 percent.

Chip Resistor Market Report Scope:

Market Size in 2023: USD 1.89 Billion
Market Size in 2030: USD 3.7 Billion
CAGR: 10.1 Percent
Forecast Period: 2024-2030
Base Year: 2023
Number of Pages: 285
No. of Tables: 133
No. of Charts and Figures: 183
Segment Covered: By Technology, Type, Shape, Application

Regional Scope: North America, Europe, Asia Pacific, Middle East and Africa, South America

Report Coverage: Market Share, Size and Forecast by Revenue | 2023-2030, Market
Dynamics, Growth Drivers, Restraints, Investment Opportunities, and Key Trends,
Competitive Landscape, Key Players Benchmarking, Competitive Analysis, SMR Competition
Matrix, Competitive Leadership Mapping, Global Key Players' Market Ranking Analysis.

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Chip Resistor Market Report Scope and Research Methodology

In order to comprehensively study the Chip Resistor Market a research methodology is carried out by defining the scope of the market, including its segments, applications, and geographical regions. This research methodology gives strategic recommendations based on comprehensive insight into the market dynamics, opportunities, and challenges regarding the Chip Resistor Market

Chip Resistor Market Dynamics

The growth of data center facilities due to digitalization and the rising need for cloud storage for online and mobile computing are driving the Chip Resistor market. Chip Resistor Market Regional analysis. There are upcoming opportunities for chip Resistor Market including rapid development of consumer electronics, including smartphones, tablets, and wearable devices, is creating a substantial demand for chip resistors market.

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Chip Resistor Market Regional Analysis:

The Asia Pacific region is projected to be a leading region in the global market. The leading position in the market is attributed to the bulk production of electronic components in China and the increasing number of electronic consumers. The automotive & transportation segment is expanding at CAGR of 9.03% which is benefiting the market growth. According to the IEA, new electric vehicle sales across China were estimated at around 1.4 billion in 2023.

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Chip Resistor Market Segmentation

By Technology:

• Thick films
• Thin films
• Others

By Type:

• Pressure-sensitive
• Thermo sensitive

By Shape:

• Square
• Rectangular

By Application:

• Power Supply
• Aerospace Components
• Automotive
• Medical
• Others

𝐅𝐨𝐫 𝐚 𝐝𝐞𝐞𝐩𝐞𝐫 𝐮𝐧𝐝𝐞𝐫𝐬𝐭𝐚𝐧𝐝𝐢𝐧𝐠, 𝐜𝐥𝐢𝐜𝐤 𝐨𝐧 𝐭𝐡𝐞 𝐥𝐢𝐧𝐤: https://www.maximizemarketresearch.com/market-report/global-chip-resistor-market/54072/

Chip Resistor Market's Key Players include:

• Caddock Electronics, Inc
• State of the Art, Inc.
• International Manufacturing Services, Inc.
• Mini-Systems
• Ohmite
• Bourns, Inc
• Riedon Inc.
• Vishay Intertechnology, Inc.,
• Stackpole Electronics, Inc.
• NIC Components Corp.

Key questions answered in the Chip Resistor Market are:

• What is the growth rate of the Chip Resistor Market?
• Which region is expected to dominate the Chip Resistor Market?
• What is the expected Chip Resistor Market size by 2030?
• Which are the top players in the Chip Resistor Market?
• What are the factors driving the Chip Resistor Market growth?
• Which country held the largest Chip Resistor Market share in 2023?

Key offerings

• Past Market Size and Competitive Landscape (2018 to 2023)
• Past Pricing and price curve by region (2018 to 2023)
• Market Size, Share, Size & Forecast by Different Segment | 2024-2030
• Market Dynamics - Growth Drivers, Restraints, Opportunities, and Key Trends by Region
• Market Segmentation - A detailed analysis of the Offerings, Vertical, Application and Region
• Competitive Landscape - Profiles of selected key players by region from a strategic perspective
o Competitive landscape - Market Leaders, Market Followers, Regional player
o Competitive benchmarking of key players by region
• PESTLE Analysis
• PORTER's analysis

Maximize Market Research is leading Electronics research firm, has also published the following reports:

• 4D Printing Market is expected to reach US$ 853.67 Mn. by 2029, at a CAGR of 32.1% during the forecast period.

• GaN Power Device Market is expected to reach US$ 1.89 Bn. by 2029, at a CAGR of 15.4% during the forecast period.

Contact Maximize Market Research:

3rd Floor, Navale IT Park, Phase 2
Pune Bangalore Highway, Narhe,
Pune, Maharashtra 411041, India
sales@maximizemarketresearch.com
+91 96071 95908, +91 9607365656

About Maximize Market Research:

Maximize Market Research is a multifaceted market research and consulting company with professionals from several industries. Some of the industries we cover include medical devices, pharmaceutical manufacturers, science and engineering, electronic components, industrial equipment, technology and communication, cars and automobiles, chemical products and substances, general merchandise, beverages, personal care, and automated systems. To mention a few, we provide market-verified industry estimations, technical trend analysis, crucial market research, strategic advice, competition analysis, production and demand analysis, and client impact studies.

This release was published on openPR.