Thick-film SMD Resistor Market size is estimated to be USD 1.2 Billion in 2024 and is expected to reach USD 2.0 Billion by 2033 at a CAGR of 6.5% from 2026 to 2033.
The global thick film SMD resistor market has exhibited significant growth, with valuations reaching approximately USD 1.5 billion in 2022. Projections indicate a compound annual growth rate (CAGR) of around 5.8% from 2023 to 2030, driven by the escalating demand for miniaturized and efficient electronic components across sectors such as telecommunications, automotive, and consumer electronics. This growth trajectory underscores the increasing reliance on thick film SMD resistors in modern electronic applications.
Regionally, the Asia Pacific (APAC) area has emerged as a dominant force in the thick film resistor market, accounting for approximately 45% of the global share in 2023. This prominence is attributed to the robust demand from the electronics and electrical sectors, the presence of numerous market players, and substantial investments in innovative technologies aimed at enhancing vehicle production. The APAC region is expected to continue leading the market with the highest growth rate in the coming years. citeturn0search5
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ROHM Semiconductor
Bourns
Delta Electronics
Vishay
RCD Components
Yageo
Stackpole Electronics
NIC Components
Caddock Electronics
Guangdong Fenghua
Unihom
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. 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 Thick-film SMD Resistor Market
Low Resistance (
Medium Resistance (1 - 10 kOhm)
High Resistance (10 kOhm - 1 MOhm)
Ultra High Resistance (>1 MOhm)
Low Power (
Medium Power (0.1 W - 0.5 W)
High Power (>0.5 W)
Consumer Electronics
Automotive
Telecommunication
Industrial Automation
Medical Devices
Standard Chip Resistors
Low Profile Resistors
High-Value Resistors
Electronic Manufacturing Services (EMS)
Original Equipment Manufacturers (OEM)
Research and Development Institutions
Aftermarket Suppliers
US (United States, US 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 Thick-film SMD 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 Thick-film SMD Resistor Market Outlook
Overview
Market Dynamics
Drivers
Restraints
Opportunities
Porters Five Force Model
Value Chain Analysis
5. Global Thick-film SMD Resistor Market, By Type
6. Global Thick-film SMD Resistor Market, By Application
7. Global Thick-film SMD Resistor Market, By Geography
US
Europe
Asia Pacific
Rest of the World
8. Global Thick-film SMD Resistor Market Competitive Landscape
Overview
Company Market Ranking
Key Development Strategies
9. Company Profiles
10. Appendix
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