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Tuesday, September 26, 2023

Global Thin Film Chip Resistor Market is anticipated to grow at a CAGR of 5.2% during 2024 to 2030

The future of the global thin film chip resistor market looks promising with opportunities in the industrial equipment and consumer electronic markets. The global thin film chip resistor market is expected to reach an estimated $935.9 million by 2030 with a CAGR of 5.2% from 2024 to 2030. The major drivers for this market are growing data center infrastructure, rising demand for miniaturized and high precision devices, and on-goinf development in emerging technologies, such as electric and driverless cars, 5G, and the internet of things (IoT) across the globe.

Some of the key questions answered in this exclusive report are:              

Q.1. What are some of the most promising, high-growth opportunities for the thin film chip resistor market by type (ultra precision 0.05% tolerance, 0.1% tolerance, 1% tolerance, and others), application (instrumentation, medical instruments, power supply, electric power equipment, electronic digital products, and others), end use industry (industrial equipment, consumer electronics, and others), and region (North America, Europe, Asia Pacific, and the Rest of the World)?

Q.2. Which segments will grow at a faster pace and why?

Q.3.  Which region will grow at a faster pace and why?

Q.4. What are the key factors affecting market dynamics? What are the key challenges and business risks in this market?

Q.5. What are the business risks and competitive threats in this market?

Q.6.  What are the emerging trends in this market and the reasons behind them?

Q.7. What are some of the changing demands of customers in the market?

Q.8. What are the new developments in the market? Which companies are leading these developments?

Q.9. Who are the major players in this market? What strategic initiatives are key players pursuing for business growth?

Q.10. What are some of the competing products in this market and how big of a threat do they pose for loss of market share by material or product substitution?

Q.11. What M&A activity has occurred in the last 5 years and what has its impact been on the industry?

Market Segmentation:

In this market, instrumentation, medical instrument, power supply, electric power equipment, and electronic digital product are the major segments of thin film chip resistor market by application. Lucintel forecasts that instrumentation will remain the largest segment over the forecast period because of its increasing usage in ordinary domestic uses, laboratories, factories, refineries, and cars. Within this market, industrial equipment will remain the largest segment.

APAC is expected to witness highest growth over the forecast period due to growing demand for electronic digital products like smartphones and tablets and increasing advancement in technology in the developing nations of the region.

Elektronische Bauelemente, Ever Ohms Technology, KOA, Panasonic, Ralec Electronics, Rohm, Samsung Electro-Mechanics, Ta-I Technology, Tateyama Kagaku Industry, and Uniohm are the major suppliers in the thin film chip resistor market.

About Lucintel

Lucintel, the premier global management consulting and market research firm, creates winning strategies for growth. It offers market assessments, competitive analysis, opportunity analysis, growth consulting, M&A, and due diligence services to executives and key decision-makers in a variety of industries.

Contact:
Roy Almaguer
Lucintel
Dallas, Texas, USA
Email:
roy.almaguer@lucintel.com
Tel. 972.636.5056

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