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By 2030, the market for precision resistors is anticipated to reach USD 6 billion, growing at a CAGR of 7% from 2023 to 2030.
Precision resistor demand throughout several regions has been lower than anticipated compared to pre-pandemic levels, which is a shocking and unanticipated result of the worldwide COVID 19 pandemic. Precision resistors adhere to strict criteria for resistance accuracy, temperature coefficient, load life, and mounting technique. Precision is connected to precision resistors. Precision of the resistance value is the key to accuracy in these resistors. Numerous factors that are together referred to as stress have an impact on accuracy. These consist of resistors and self-heating produced by changes in the surrounding temperature. Other than this, a variety of problems can affect the resistance accuracy of a resistor, such as voltage or pressure from circuit boards, moisture from the outside environment, welding static electricity, corrosive fumes, and overload.
This study divides the global market for precision resistors into different geographies and market categories, anticipates revenue growth, and examines trends in each submarket. The research examines the market for precision resistors' major growth factors, possibilities, and difficulties. The competitive landscape in the market has been depicted by including recent market developments and competitive tactics including growth, product launch and development, partnerships, mergers, and acquisitions. The study studies the core competencies of the major market participants in each of the market's sub-segments while strategically identifying and profiling them.
Driving Factors
The growing demand for consumer electronics like laptops, smartphones, and portable gaming consoles is the main factor driving up the price of resistors. This aids India in realising its objective of dominating the USD 250 billion electronics market. Investments made to increase the manufacture of consumer electronics and technical advancements are a couple of the main "Driving Factors" that are driving the market's growth.
Restraining Factors
The disruption of the demand and supply for film resistors and the absence of profit margins as a result of the ongoing decline in raw material prices are the main issues limiting the market's overall growth. A further barrier is the significant funds spent on research and development to produce a clear and stable design for end-use electronics. Costs for the manufacturers will also go up as a result of modernising the current research and development and manufacturing facilities to meet lead-free and ecological standards.
Report Coverage
Global Precision Resistor research report categorizes the market for global based on various segments and regions, forecasts revenue growth, and analyzes trends in each submarket. Global Precision Resistor report analyses the key growth drivers, opportunities, and challenges influencing the global market. Recent market developments and Precision Resistor competitive strategies such as expansion, product launch and development, partnership, merger, and acquisition have been included to draw the competitive landscape in the market. The report strategically identifies and profiles the key Precision Resistor market players and analyses their core competencies in each global market sub-segments.
Key Points Covered in the Report
Competitive Environment:
The research provides an accurate study of the major organisations and companies operating in the global Precision Resistor market, along with a comparative evaluation based on their product portfolios, corporate summaries, geographic reach, business plans, Precision Resistor market shares in specific segments, and SWOT analyses. A detailed analysis of the firms' recent news and developments, such as product development, inventions, joint ventures, partnerships, mergers and acquisitions, strategic alliances, and other activities, is also included in the study. This makes it possible to assess the level of market competition as a whole.
List of Major Market Participants
TDK Corporation, Murata Manufacturing Co. Ltd., YAGEO Group, Vishay Intertechnology, Inc., Samsung Electro-Mechanics, TE Connectivity, KYOCERA AVX Components Corporation, OMRON Precision Group, Inc., Bourns, Isabellenhuette, Susumu, Viking Tech Corp, Walsin Technology Corporation, Panasonic, Cyntec.
Primary Target Market
Market Segment:
This study forecasts global, regional, and country revenue from 2019 to 2030. Spherical Insights has segmented the global Precision Resistor market based on the below-mentioned segments:
Global Precision Resistor Market, By Type
Global Precision Resistor market, By Application
Global Precision Resistor market, Regional Analysis
Precision resistor demand throughout several regions has been lower than anticipated compared to pre-pandemic levels, which is a shocking and unanticipated result of the worldwide COVID 19 pandemic. Precision resistors adhere to strict criteria for resistance accuracy, temperature coefficient, load life, and mounting technique. Precision is connected to precision resistors. Precision of the resistance value is the key to accuracy in these resistors. Numerous factors that are together referred to as stress have an impact on accuracy. These consist of resistors and self-heating produced by changes in the surrounding temperature. Other than this, a variety of problems can affect the resistance accuracy of a resistor, such as voltage or pressure from circuit boards, moisture from the outside environment, welding static electricity, corrosive fumes, and overload.
This study divides the global market for precision resistors into different geographies and market categories, anticipates revenue growth, and examines trends in each submarket. The research examines the market for precision resistors' major growth factors, possibilities, and difficulties. The competitive landscape in the market has been depicted by including recent market developments and competitive tactics including growth, product launch and development, partnerships, mergers, and acquisitions. The study studies the core competencies of the major market participants in each of the market's sub-segments while strategically identifying and profiling them.
Driving Factors
The growing demand for consumer electronics like laptops, smartphones, and portable gaming consoles is the main factor driving up the price of resistors. This aids India in realising its objective of dominating the USD 250 billion electronics market. Investments made to increase the manufacture of consumer electronics and technical advancements are a couple of the main "Driving Factors" that are driving the market's growth.
Restraining Factors
The disruption of the demand and supply for film resistors and the absence of profit margins as a result of the ongoing decline in raw material prices are the main issues limiting the market's overall growth. A further barrier is the significant funds spent on research and development to produce a clear and stable design for end-use electronics. Costs for the manufacturers will also go up as a result of modernising the current research and development and manufacturing facilities to meet lead-free and ecological standards.
Report Coverage
Global Precision Resistor research report categorizes the market for global based on various segments and regions, forecasts revenue growth, and analyzes trends in each submarket. Global Precision Resistor report analyses the key growth drivers, opportunities, and challenges influencing the global market. Recent market developments and Precision Resistor competitive strategies such as expansion, product launch and development, partnership, merger, and acquisition have been included to draw the competitive landscape in the market. The report strategically identifies and profiles the key Precision Resistor market players and analyses their core competencies in each global market sub-segments.
| REPORT ATTRIBUTES | DETAILS |
|---|---|
| Study Period | 2017-2030 |
| Base Year | 2020 |
| Forecast Period | 2022-2030 |
| Historical Period | 2017-2019 |
| Unit | Value (USD Billion) |
| Key Companies Profiled | TDK Corporation, Murata Manufacturing Co. Ltd., YAGEO Group, Vishay Intertechnology, Inc., Samsung Electro-Mechanics, TE Connectivity, KYOCERA AVX Components Corporation, OMRON Precision Group, Inc., Bourns, Isabellenhuette, Susumu, Viking Tech Corp, Walsin Technology Corporation, Panasonic, Cyntec. |
| Segments Covered | • By Product |
| Customization Scope | Free report customization (equivalent to up to 3 analyst working days) with purchase. Addition or alteration to country, regional & segment scope |
Key Points Covered in the Report
- Market Revenue of Precision Resistor Market from 2021 to 2030.
- Market Forecast for Precision Resistor Market from 2021 to 2030.
- Regional Market Share and Revenue from 2021 to 2030.
- Country Market share within region from 2021 to 2030.
- Key Type and Application Revenue and forecast.
- Company Market Share Analysis, Precision Resistor competitive scenario, ranking, and detailed company
profiles. - Market driver, restraints, and detailed COVID-19 impact on Precision Resistor
Market
Competitive Environment:
The research provides an accurate study of the major organisations and companies operating in the global Precision Resistor market, along with a comparative evaluation based on their product portfolios, corporate summaries, geographic reach, business plans, Precision Resistor market shares in specific segments, and SWOT analyses. A detailed analysis of the firms' recent news and developments, such as product development, inventions, joint ventures, partnerships, mergers and acquisitions, strategic alliances, and other activities, is also included in the study. This makes it possible to assess the level of market competition as a whole.
List of Major Market Participants
TDK Corporation, Murata Manufacturing Co. Ltd., YAGEO Group, Vishay Intertechnology, Inc., Samsung Electro-Mechanics, TE Connectivity, KYOCERA AVX Components Corporation, OMRON Precision Group, Inc., Bourns, Isabellenhuette, Susumu, Viking Tech Corp, Walsin Technology Corporation, Panasonic, Cyntec.
Primary Target Market
- Market Players of Precision Resistor
- Investors
- End-users
- Government Authorities
- Consulting And Research Firm
- Venture capitalists
- Third-party knowledge providers
- Value-Added Resellers (VARs)
Market Segment:
This study forecasts global, regional, and country revenue from 2019 to 2030. Spherical Insights has segmented the global Precision Resistor market based on the below-mentioned segments:
Global Precision Resistor Market, By Type
- Precision Wire Wound Resistors
- Precision Meta Foil Resistors
- Precision Metal Film Resistors
Global Precision Resistor market, By Application
- Test & Measurement Equipment
- Medical Equipment
- Semiconductors
- Telecommunications
- Industrial Automation
- Others (Automotive and Others)
Global Precision Resistor market, Regional Analysis
- Europe: Germany, Uk, France, Italy, Spain, Russia, Rest of Europe
- The Asia Pacific: China,Japan,India,South Korea,Australia,Rest of Asia Pacific
- South America: Brazil, Argentina, Rest of South America
- Middle East & Africa: UAE, Saudi Arabia, Qatar, South Africa, Rest of Middle East & Africa
About This Research
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