Chip Resistor Market

The global Chip Resistor market was valued at 1382.54 Million USD in 2021 and will grow with a CAGR of 4.88% from 2021 to 2027, based on Research newly published report.
The prime objective of Chip Resistor Market is to provide the insights on the post COVID-19 impact which will help market players in this field evaluate their business approaches. Also, Chip Resistor Market covers market segmentation by major market verdors, types, applications/end users and geography(North America, East Asia, Europe, South Asia, Southeast Asia, Middle East, Africa, Oceania, South America).
A chip resistor is a very compact, surface mounted electronic component designed to offer a known resistance to any electrical current flowing through it. A mini resistor of this kind are designed to have the same physical characteristics or form factor as other surface mount devices (SMD) to conform to SMD circuit board geometry. It differs from conventional axial lead resistors in physical form only and fulfill the same functions in electronic circuits. Chip resistors are available in several package formats and with a range of specialist features.According to the report, the growth of data center infrastructure will drive the market growth. Chip resistors are useful in reducing or maintaining the current at certain levels inside the electronic circuits of data storage systems. The adoption of cloud-based data services and Big-Data analytics is growing significantly.
By Market Verdors:

• Rohm
• Yageo
• KOA Corporation
• Tzai Yuan Enterprise Co.
• International Manufacturing Services
• Viking Tech
• Vishay
• BDS Electronics Inc
• Sevenstar
• China Zhenhua Group
• Murata Manufacturing Co.
• ASJ Holdings Limited
• TT Electronics
• Panasonic
• Samsung Electro-Mechanics
• Bourns
• TE Connectivity
• AVX
• Ohmite

By Types:

• Pressure-sensitive
• Thermosensitive

By Applications:

• Power Supply
• Aerospace Components
• Automotive
• Medical

Key Indicators Analysed

• Market Players & Competitor Analysis: The report covers the key players of the industry including Company Profile, Product Specifications, Production Capacity/Sales, Revenue, Price and Gross Margin 2016-2027 & Sales with a thorough analysis of the market?s competitive landscape and detailed information on vendors and comprehensive details of factors that will challenge the growth of major market vendors.
• Global and Regional Market Analysis: The report includes Global & Regional market status and outlook 2016-2027. Further the report provides break down details about each region & countries covered in the report. Identifying its sales, sales volume & revenue forecast. With detailed analysis by types and applications.
• Market Trends: Market key trends which include Increased Competition and Continuous Innovations.
• Opportunities and Drivers: Identifying the Growing Demands and New Technology
• Porters Five Force Analysis: The report provides with the state of competition in industry depending on five basic forces: threat of new entrants, bargaining power of suppliers, bargaining power of buyers, threat of substitute products or services, and existing industry rivalry.

Key Reasons to Purchase

• To gain insightful analyses of the market and have comprehensive understanding of the global market and its commercial landscape.
• Assess the production processes, major issues, and solutions to mitigate the development risk.
• To understand the most affecting driving and restraining forces in the market and its impact in the global market.
• Learn about the market strategies that are being adopted by leading respective organizations.
• To understand the future outlook and prospects for the market.
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