According to a market report by Lucintel, the future of the global thick-film SMD resistor market looks promising with opportunities in the consumer electronic, automotive, and telecommunication markets. The global thick-film SMD resistor market is expected to reach an estimated $0.4 billion by 2030 with a CAGR of 5.1% from 2024 to 2030.
The major drivers for this market are growing adoption of surface mount
technology, increasing demand for electronic devices, and miniaturization of
electronic devices.
In this market, instrumentation, medical instrument, power supply,
electric power equipment, and electronic digital product are the major segments
of thick-film SMD resistor market by application.
Lucintel forecasts that instrumentation is expected to witness highest
growth over the forecast period.
Within this market, consumer electronic will remain the largest segment due to increasing demand for thick film SMD resistors from electric power equipment and electronic digital products.
APAC will remain the largest region due to presence of major consumer
electronics manufacturers and increasing demand for thick film SMD resistors
from end use industries including electrical and electronics and
telecommunication sector of the region.
Bourns, Delta Electronics, Vishay, RCD Components, Yageo, Stackpole
Electronics, NIC Components, Caddock Electronics, Guangdong Fenghua, and Unihom
are the major suppliers in the thick-film SMD resistor market.
This unique research
report will enable you to make confident business decisions in this globally
competitive marketplace. For a detailed table of contents, contact Lucintel at
+1-972-636-5056 or write us at helpdesk@lucintel.com.
About Lucintel
At Lucintel, we offer solutions for
you growth through game changer ideas and robust market &
unmet needs analysis. We are based in
Dallas, TX and have been a trusted advisor for 1,000+ clients for over 20
years. We are quoted in several publications like the Wall Street Journal, ZACKS,
and the Financial Times.
Contact
Roy Almaguer
Lucintel
Dallas, Texas, USA
Email roy.almaguer@lucintel.com
Tel. 972.636.5056
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