Chip Resistor Market Trends, Analysis & Forecast, 2019 – 2025

1
Chip Resistor Market Size Growth During Forecast
Period.
2
Key Insights from Chip Resistor Market

• Growth in data center facilities owing to
  increasing digitalization is driving the chip
  resistor market. The rising need for cloud
  storage and the adoption of online and mobile
  computing services with the growing usage of
  social media have led to a rise in the number of
  data centers globally.
• These data centers are exposed to harsh
  environments that have higher percentages of
  potentially corrosive gases, which can corrode
  silver terminals in sensitive electronic
  components. To prevent corrosion and provide
  superior resistance against sulfur-containing
  environments, the demand for ICs is increasing.
  Moreover, these resistors allow a smooth
  transmission of data, resulting in improved
  system performance, reliability, robustness, and
  reduction of downtime. Growth in the data center
  infrastructure market is expected to drive the
  chip resistor market over the coming years.

3
Continued

• High manufacturing costs associated with the
  device is a major challenge affecting the growth
  of the chip resistor market. The production of
  electronic components requires mining and
  processing of certain raw materials, such as
  metal and ceramic, which need to be mined and
  processed into usable forms, resulting in
  increased reliability on labors for the efficient
  production process. The fluctuations in the
  prices of raw materials coupled with rising labor
  costs will elevate the manufacturing cost,
  hindering the overall market growth. However,
  manufacturers are investing highly to manufacture
  ultra-small chip resistor that use less raw
  materials.
• Thin film resistors account for a majority of the
  chip resistor market share. The increasing demand
  for compact size and high resistance power
  resistor for improving performance at low cost is
  accelerating the demand for these devices. Thin
  film resistors offer lower tolerances, noise,
  parasitic inductance, and resistor temperature
  coefficients and provide stability at much higher
  frequencies compared to thick film resistors.

4

Latest Research Chip Resistor Market_at_
https//www.gminsights.com/industry-analysis/chip
-resistor-market Request for a table of
contents this research report _at_ https//www.gminsi
ghts.com/request-toc/upcoming/4220
5
Market research reports Key analytical components

6
Major Companies in Chip Resistor Market

• Murata Manufacturing Co.
• Rohm Semiconductor
• CTS Corporation
• Panasonic Corporation
• Samsung Electro-Mechanics
• Yageo Corporation
• Susumu Co. Ltd.
• Vishay Intertechnology

7
Regional Insights Chip Resistor Market

Asia Pacific is projected to witness high growth
owing to the ongoing development expansion of
the consumer electronics manufacturing sector
coupled with strong economic growth of the
region. Rise in the adoption of electronic
vehicles in the region will increase the demand
for these ICs in the coming years. According to
the IEA, the number of new electric vehicles
sales across China was estimated at around 1.2
million in 2018. With such rapid development of
electric and hybrid vehicles, the demand for
effective resistors with high leakage detection
property is expected to grow. Manufacturers in
the region are extensively focusing on
introducing innovative products to commercialize
the ICS for large scale utilization. For
instance, in March 2018, Panasonic Corporation, a
Japan-based electronics solution provider,
introduced a high precision thin film chip
resistor, which provides Electro-Static Discharge
(ESD) protection in the resistor field. Such
innovations are expected to drive the Asia
Pacific chip resistor market.
8
Stay In Touch Website www.gminsights.com Soci
al Media