Automotive Electronic Chip Resistor Market was valued at USD 2.5 Billion in 2022 and is projected to reach USD 4.0 Billion by 2030, growing at a CAGR of 7.5% from 2024 to 2030.
The automotive electronic chip resistor market has seen significant growth from 2018 to 2022, driven by increasing demand for advanced electronic systems in vehicles. As the automotive industry moves toward greater electrification, automation, and connectivity, the need for reliable and precise electronic components, including chip resistors, has escalated. With innovations in electric vehicles (EVs), autonomous driving technology, and infotainment systems, automotive manufacturers are increasingly relying on electronic components to improve vehicle performance, safety, and overall user experience.
From 2018 to 2022, the automotive electronic chip resistor market experienced steady growth, primarily due to the rising demand for smaller, more efficient resistors in vehicles. The market witnessed a surge in automotive electronics integration, from powertrain to advanced driver-assistance systems (ADAS). Furthermore, with the growing trend of vehicle electrification, especially in the EV segment, the demand for high-precision resistors that can withstand high power levels and varying temperatures grew, fueling market expansion.
In 2023 and beyond, the market outlook for automotive electronic chip resistors is set to experience even more robust growth. The global shift towards electric and hybrid vehicles, coupled with stricter environmental regulations, is expected to drive demand for advanced resistors. The increasing adoption of 5G and autonomous technologies will also contribute significantly to this growth. In particular, automotive manufacturers are focusing on miniaturized, high-performance components that can withstand challenging environments, pushing the market towards innovation.
The increasing use of electric vehicle (EV) charging infrastructure, coupled with the need for efficient power management in energy storage systems, is expected to create substantial opportunities for the automotive electronic chip resistor market. As chip resistors are essential in power regulation, energy management systems, and automotive powertrains, demand for these components will continue to grow steadily from 2023 to 2033.
As vehicles become smarter and more connected, the importance of high-performance resistors will continue to rise. The automotive industry’s growing reliance on electronic components for navigation, infotainment, safety systems, and connectivity will drive the demand for automotive electronic chip resistors. Additionally, the push towards sustainability and energy efficiency in vehicles will create further market opportunities for these components, with increasing demand for chip resistors in battery management and energy storage systems.
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Vishay
Yageo
KOA
Panasonic
Samsung Electro-Mechanics
Ta-I Technology
Walsin Technology
Ralec Electronics
Rohm
Fenghua Advanced Technology
Susumu
Uniohm
Viking Tech
Elektronische Bauelemente GmbH (EBG)
Tateyama Kagaku Industry
Bourns
TE Connectivity
By the year 2030, the scale for growth in the market research industry is reported to be above 120 billion which further indicates its projected compound annual growth rate (CAGR), of more than 5.8% from 2023 to 2030. There have also been disruptions in the industry due to advancements in machine learning, artificial intelligence and data analytics There is predictive analysis and real time information about consumers which such technologies provide to the companies enabling them to make better and precise decisions. The Asia-Pacific region is expected to be a key driver of growth, accounting for more than 35% of total revenue growth. In addition, new innovative techniques such as mobile surveys, social listening, and online panels, which emphasize speed, precision, and customization, are also transforming this particular sector.
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Growing demand for below applications around the world has had a direct impact on the growth of the Global Automotive Electronic Chip Resistor Market
Passenger Vehicle
Commercial Vehicle
Based on Types the Market is categorized into Below types that held the largest Automotive Electronic Chip Resistor market share In 2023.
Thin Film Resistors
Thick Film Resistors
Foil Resistors
Global (United States, Global and Mexico)
Europe (Germany, UK, France, Italy, Russia, Turkey, etc.)
Asia-Pacific (China, Japan, Korea, India, Australia, Indonesia, Thailand, Philippines, Malaysia and Vietnam)
South America (Brazil, Argentina, Columbia, etc.)
Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)
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1. Introduction of the Global Automotive Electronic Chip Resistor Market
Overview of the Market
Scope of Report
Assumptions
2. Executive Summary
3. Research Methodology of Verified Market Reports
Data Mining
Validation
Primary Interviews
List of Data Sources
4. Global Automotive Electronic Chip Resistor Market Outlook
Overview
Market Dynamics
Drivers
Restraints
Opportunities
Porters Five Force Model
Value Chain Analysis
5. Global Automotive Electronic Chip Resistor Market, By Type
6. Global Automotive Electronic Chip Resistor Market, By Application
7. Global Automotive Electronic Chip Resistor Market, By Geography
Global
Europe
Asia Pacific
Rest of the World
8. Global Automotive Electronic Chip Resistor Market Competitive Landscape
Overview
Company Market Ranking
Key Development Strategies
9. Company Profiles
10. Appendix
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