Press release
Top Factor Driving Chip Resistor Market Growth in 2025: Escalating Demand For Compact Devices Is Boosting The Chip Resistor Market
Top Factor Driving Chip Resistor Market Growth
The chip resistor market is projected to grow due to the increasing popularity of compact devices. Compact devices like smartphones, tablets, and wearable technology offer advanced functionalities and convenience because of their portability. The surge in demand for compact devices is attributed to the rising consumer inclination towards portability, technology advancements, and the ever-increasing need for connectivity and convenience. Chip resistors, renowned for their compact size and surface-mount capability, are extensively used in compact devices, facilitating better space utilization and seamless integration into electronic circuits, thereby not compromising their performance. A report by the Global System for Mobile Communications Association (GSMA) in February 2022 stated that smartphone connections, which made up 75% of all mobile connections in 2021 with a total of 6.2 billion, are forecasted to reach almost 7.5 billion, making up 84% of all connections by 2025. Hence, this surge in demand for compact devices fuels the growth of the chip resistor market.
Get Your Chip Resistor Market Report Here:
https://www.thebusinessresearchcompany.com/report/chip-resistor-global-market-report
What is the future CAGR of the chip resistor market, and how will it impact industry expansion?
In the past few years, the chip resistor market has seen robust growth. The market, which stood at $1.44 billion in 2024, is projected to rise to $1.55 billion in 2025, translating to a compound annual growth rate (CAGR) of 7.1%. Factors such as the downsizing of electronic devices, expansion of the consumer electronics sphere, rise in automated manufacturing, increased engagement in automotive electronics, and surge of industrial electronics have contributed significantly to the previous period's growth.
It is projected that the chip resistor market will experience significant expansion in the forthcoming years, scaling up to $2 billion by 2029 with a CAGR of 6.7%. This expected growth during the forecast period can be attributed to factors such as the escalating demand for electric vehicles, advancements in renewable energy programs, a surge in smart home devices, heightened emphasis on energy efficiency, and the burgeoning acceptance of 5g technology. The forecast period will also see key trends such as the widespread adoption of thin film technology, integration of resistors in advanced driver-assistance systems (ADAS), evolution of resistor networks for intricate circuits, amplified usage of resistors in renewable energy purposes, and a rising demand for durable resistors in rigorous environments.
Get Your Free Sample Now - Explore Exclusive Market Insights:
https://www.thebusinessresearchcompany.com/sample.aspx?id=16373&type=smp
What are the most significant trends transforming the chip resistor market today?
Leading corporations in the chip resistor market are concentrating their efforts on creating innovative products like automotive-grade chip resistors, designed to competently cater to the demands of a high-voltage industrial setup. These particular chip resistors are specifically constructed to pass the stringent durability and performance expectations set for automotive applications. An exemplification of this is the launch of the VT Series by YAGEO Group, an electronic component manufacturer from Taiwan, in April 2023. This automotive-grade thin-film chip resistor stands out due to its high voltage tolerance, precision, and stability. The distinct laser trimming design of the VT Series guarantees an exceptional voltage endurance and consistent resistance stability, even in harsh circumstances. When coupled with its AEC-Q200 qualification, resistance to sulfur and moisture, and low TCR, it proves to be extremely trustworthy for demanding applications in sectors such as automotive, telecom, industrial, medical, and power systems.
Which key market segments comprise the chip resistor market and drive its revenue growth?
The chip resistor market covered in this report is segmented -
1) By Type: Pressure-Sensitive, Thermosensitive, Other Types
2) By Technology: Thick Chip Resistors, Thin Chip Resistors, Other Technologies
3) By Material: Silver, Palladium, Cupronickel, Other Materials
4) By Operating Voltage: Up To 50V, 51V To 200V, 201V To 400V, Above 400V
5) By End-Use Industry: Consumer Electronics, Information Technology And Telecommunications, Automotive And Transportation, Industrial, Healthcare, Aerospace And Defense, Energy And Utility, Other End-Use Industries
Subsegments:
1) By Pressure-Sensitive: Force-Sensitive Resistors (Fsrs), Strain Gauge Resistors, Piezoelectric Resistors
2) By Thermosensitive: Thermistor Resistors (Ntc And Ptc), Temperature Compensating Resistors, Thermally Stable Resistors
3) By Other Types: Light-Dependent Resistors (Ldr), Photoresistors, Variable Resistors (Rheostats), High-Precision Resistors
Unlock Exclusive Market Insights - Purchase Your Research Report Now!
https://www.thebusinessresearchcompany.com/purchaseoptions.aspx?id=16373
Asia-Pacific was the largest region in the chip resistor market in 2024. The regions covered in the chip resistor market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
Who are the leading players fueling growth in the chip resistor market?
Major companies operating in the chip resistor market are Samsung Electronics Co., Panasonic Holdings Corporation, TE Connectivity Ltd., Murata Manufacturing Co. Ltd., YAGEO Corp., Rohm Co. Ltd., Vishay Intertechnology Inc., Bourns Inc., AVX Corporation, Walsin Technology Corp., China Zhenhua Group, Darfon Electronics Corporation, Tt Electronics Plc, Guangdong Fenghua Advanced Technology Holding Co. Ltd., CTS Corporation, HolyStone International, Kyocera AVX, Ta-I Technology Co. Ltd., Ohmite Mfg Co., KOA Speer Electronics Inc., Ever Ohms Technology Co. Ltd., Cyntec Co. Ltd., Stackpole Electronics Inc., Caddock Electronics Inc., Elektronische Bauelemente GmbH, Susumu Co. Ltd., Viking Tech, International Manufacturing Services Inc., Ralec Corp., Token Electronics Industry Co. Ltd., Asj Holdings Limited
Customize Your Report - Get Tailored Market Insights!
https://www.thebusinessresearchcompany.com/customise?id=16373&type=smp
What Is Covered In The Chip Resistor Global Market Report?
•Market Size Forecast: Examine the chip resistor market size across key regions, countries, product categories, and applications.
•Segmentation Insights: Identify and classify subsegments within the chip resistor market for a structured understanding.
•Key Players Overview: Analyze major players in the chip resistor market, including their market value, share, and competitive positioning.
•Growth Trends Exploration: Assess individual growth patterns and future opportunities in the chip resistor market.
•Segment Contributions: Evaluate how different segments drive overall growth in the chip resistor market.
•Growth Factors: Highlight key drivers and opportunities influencing the expansion of the chip resistor market.
•Industry Challenges: Identify potential risks and obstacles affecting the chip resistor market.
•Competitive Landscape: Review strategic developments in the chip resistor market, including expansions, agreements, and new product launches.
Contact Us:
The Business Research Company
Europe: +44 207 1930 708
Asia: +91 88972 63534
Americas: +1 315 623 0293
Email: info@tbrc.info
Follow Us On:
LinkedIn: https://in.linkedin.com/company/the-business-research-company
Twitter: https://twitter.com/tbrc_info
YouTube: https://www.youtube.com/channel/UC24_fI0rV8cR5DxlCpgmyFQ
Learn More About The Business Research Company
With over 15000+ reports from 27 industries covering 60+ geographies, The Business Research Company has built a reputation for offering comprehensive, data-rich research and insights. Armed with 1,500,000 datasets, the optimistic contribution of in-depth secondary research, and unique insights from industry leaders, you can get the information you need to stay ahead.
Our flagship product, the Global Market Model (GMM), is a premier market intelligence platform delivering comprehensive and updated forecasts to support informed decision-making.
This release was published on openPR.
Permanent link to this press release:
Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release Top Factor Driving Chip Resistor Market Growth in 2025: Escalating Demand For Compact Devices Is Boosting The Chip Resistor Market here
News-ID: 3923599 • Views: …
More Releases from The Business research company
Company Registration Service Market Landscape 2025: Forecast Data and Growth Str …
Use code ONLINE30 to get 30% off on global market reports and stay ahead of tariff changes, macro trends, and global economic shifts.
What Is the Expected CAGR for the Company Registration Service Market Through 2025?
The market size for company registration services has seen robust growth in the recent past. The market is projected to expand from $10.67 billion in 2024 to $11.55 billion in 2025, exhibiting a compound annual growth…
Comprehensive 2025 Commercial Toilet Partition Market Overview: Trends, Forecast …
Use code ONLINE30 to get 30% off on global market reports and stay ahead of tariff changes, macro trends, and global economic shifts.
What Is the Expected CAGR for the Commercial Toilet Partition Market Through 2025?
In recent years, the market size for commercial toilet partitions has significantly expanded. The forecast predicts a rise from $1.82 billion in 2024 to $1.95 billion in 2025, with a compound annual growth rate (CAGR) of…
Key Trends Influencing the Growth of the Commercial Insurance For Small And Medi …
Use code ONLINE30 to get 30% off on global market reports and stay ahead of tariff changes, macro trends, and global economic shifts.
What Is the Expected CAGR for the Commercial Insurance For Small And Medium-Sized Enterprises (SMEs) Market Through 2025?
The market size of commercial insurance for small and medium-sized enterprises (SMEs) has seen substantial growth over the recent years. A rise from $111.83 billion in 2024 to $119.76 billion in…
Growing Focus On Reducing Greenhouse Gas Emissions Driving The Market Growth Due …
Use code ONLINE30 to get 30% off on global market reports and stay ahead of tariff changes, macro trends, and global economic shifts.
What Is the Expected CAGR for the Combustion Emissions Analyzer Market Through 2025?
In the past few years, the market size for combustion emissions analyzer has seen robust growth. It is projected to increase from $1.02 billion in 2024 to $1.09 billion in 2025, with a compound annual growth…
More Releases for Resistor
Key Trends Reshaping the Chip Resistor Market: Innovative Product Development In …
Use code ONLINE30 to get 30% off on global market reports and stay ahead of tariff changes, macro trends, and global economic shifts.
Chip Resistor Market Size Growth Forecast: What to Expect by 2025?
In recent times, the chip resistor market has exhibited substantial growth. The market size is projected to increase from $1.44 billion in 2024 to $1.55 billion in 2025, demonstrating a compound annual growth rate (CAGR) of 7.1%. This…
Thick Film Resistor Market : Trends, Share, and Forecast by Industry, Resistor T …
Thick film resistor is a two terminal electronic component that is used to resist or reduce the amount of current flowing in an electronic circuit. Thick film resistor is a type of fixed resistor which is made up of resistive layer of ceramic base produced by firing a special paste onto the substrate, and the paste is made using glass and metal oxide. Unlike thin film, the process of making…
Major Force in the Chip Resistor Market 2025: Escalating Demand For Compact Devi …
How Will the Chip Resistor Market Grow, and What Is the Projected Market Size?
In the past few years, the chip resistor market has seen an impressive expansion. The market size, which is forecasted to increase from $1.44 billion in 2024 to $1.55 billion in 2025, corresponds to a compound annual growth rate (CAGR) of 7.1%. The notable growth experienced during the historic period is a result of factors such as…
High Voltage Fixed Resistor Market
A high-voltage fixed resistor is a passive component designed to handle electrically stressful environments. It offers a fixed resistance value and is built to withstand higher voltage levels compared to standard resistors. The global demand for high-voltage fixed resistors is being driven by the expansion of electricity grids, integration of renewable energy sources, adoption of HVDC transmission, and rising industrial automation, all necessitating reliable voltage control and equipment protection.
Growth…
Wirewound Fixed Resistor Market
A wirewound fixed resistor is a tough resistor made by wrapping a high-resistance wire around a core. The global market for wirewound fixed resistors thrives due to their efficiency in high-power applications, reliability in renewable energy systems, stability in demanding environments, and crucial role in industrial automation. Despite facing competition, wirewound resistors remain indispensable for their precision, versatility, and ability to handle high power.
High-Power Applications
Wirewound fixed resistors are prominently favored…
Rod-Shaped High-Voltage Resistor Market
A rod-shaped high-voltage resistor is a long, thin resistor designed to handle high voltage applications. The market for rod-shaped high-voltage resistors is influenced by a combination of factors including the expansion of power transmission infrastructure, the integration of renewable energy sources, the growth of industrial automation, the trend towards miniaturization, and the focus on HVDC transmission technology. These factors collectively drive demand for reliable and high-performance resistors capable of withstanding…
