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Thick Film Hybrid Integrated Circuits Market: Major Key Players, Application, Growth And Analysis, Forecast To 2033
Thick Film Hybrid Integrated Circuits Market
As per the report, the thick film hybrid integrated circuits market size has grown strongly in recent years. It will grow from $3.45 billion in 2023 to $3.68 billion in 2024 at a compound annual growth rate (CAGR) of 6.5%. The thick film hybrid integrated circuits market size is expected to see strong growth in the next few years. It will grow to $4.75 billion in 2028 at a compound annual growth rate (CAGR) of 6.6%.
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Rising Demand for Consumer Electronics Boosts Thick-Film Hybrid Integrated Circuits Market
The growing demand for consumer electronics is expected to propel the growth of the thick-film hybrid integrated circuits market going forward. Consumer electronics encompasses devices designed for personal and daily use, including smartphones, tablets, laptops, and home entertainment systems. Technological progress, expanding connectivity, and the need for convenience and entertainment in everyday activities propel the rising demand for consumer electronics. Thick-film hybrid integrated circuits are used in consumer electronics to combine the advantages of thick-film and integrated circuit technologies, offering compactness, reliability, and cost-effectiveness. For instance, in February 2024, according to the Japan Electronics and Information Technology Industries Association, a Japan-based trade organization, consumer electronic equipment production reached $201.91 million (¥31,685 million), up from $149.27 million (¥ 23,425 million) in January 2023. Therefore, growing demand for consumer electronics will drive the growth of the thick-film hybrid integrated circuits market.
Applications Of Thick-Film Shunt Resistors In Industry And Consumer Electronics
Major companies operating in thick-film hybrid integrated circuits are focused on developing high-frequency and high-speed components, such as thick-film shunt resistors, to meet the increasing demand for high-performance electronic devices in various industries. Thick-film shunt resistors are essential components in electronic circuits, providing accurate, current sensing and voltage regulation in a compact and reliable package. For instance, in November 2021, ROHM Co. Ltd., a Japan-based electronic parts manufacturer, launched the LTR100L thick-film shunt resistors, tailored for industrial and consumer applications, notably battery protection and motor drive circuits, where precise current detection is paramount for enhancing reliability and operational efficiency. The LTR100L series achieves the industry's highest rated power of 4W in the 3264 size (3.2mm × 6.4mm) or 1225 size (0.12 inch × 0.25 inch) by revising resistor materials and applying terminal temperature derating. This makes them ideal for current detection in motor control and overcurrent protection circuits in industrial and consumer applications advancing toward higher power. The optimized element structure also delivers best-in-class TCR (temperature coefficient of resistance) characteristics among thick-film shunt resistors. This ensures high accuracy and reliability in current detection despite temperature variations.
The thick film hybrid integrated circuits market covered in this report is segmented -
1) By Type: 96% Al2O3 Ceramic Substrate, Beryllium Oxide (BeO) Ceramic Substrate, Aluminum Nitride (AIN) Based, Other Substrates
2) By Product Type: Active, Passive, Electromechanical Components
3) By Application: Avionics And Defense, Automotive, Telecoms And Computer Industry, Consumer Electronics, Other Applications
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Major companies operating in the thick film hybrid integrated circuits market are Panasonic Corporation , GE Aerospace, Infineon Technologies AG, ROHM CO. LTD, Vishay Intertechnology, KEMET Corporation, Fenghua Advanced Technology Holding CO.LTD, Semtech Corporation, TT Electronics, Anritsu Corporation, Beijing Sevenstar Electronics Co. Ltd., KYOCERA AVX, Ohmite Manufacturing Company, Electro Technik Industries Inc., Delphi Technologies, Zhejiang Huzhou Xinjingchang Electronics Co. Ltd., Corintech Ltd, VPT Inc., AUREL s.p.a., Custom Interconnect Limited, Japan Resistor Mfg. Co. Ltd., Micro Hybrid Electronic GmbH, Advance Circuit Technology Inc., Cermetek Microelectronics, Hybrionic Pte, Bergh Hybrid Circuits, Integrated Technology Lab, Midas Microelectronics, Weiking Electronics Manufacturing, Globec Limited
Contents of the report:
1. Executive Summary
2. Thick Film Hybrid Integrated Circuits Market Report Structure
3. Thick Film Hybrid Integrated Circuits Market Trends And Strategies
4. Thick Film Hybrid Integrated Circuits Market - Macro Economic Scenario
5. Thick Film Hybrid Integrated Circuits Market Size And Growth
…..
27. Thick Film Hybrid Integrated Circuits Market Competitor Landscape And Company Profiles
28. Key Mergers And Acquisitions
29. Future Outlook and Potential Analysis
30. Appendix
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