How big is the Resistor Market?

The Resistor Market size is expected to reach USD 10.49 billion in 2024 and grow at a CAGR of 3.20% to reach USD 12.28 billion by 2029. Read More

What is the current Resistor Market size?

In 2024, the Resistor Market size is expected to reach USD 10.49 billion. Read More

Which is the fastest growing region in Resistor Market?

Asia Pacific is estimated to grow at the highest CAGR over the forecast period (2024-2029). Read More

Which region has the biggest share in Resistor Market?

In 2024, the Asia Pacific accounts for the largest market share in Resistor Market. Read More

What years does this Resistor Market cover, and what was the market size in 2023?

In 2023, the Resistor Market size was estimated at USD 10.16 billion. The report covers the Resistor Market historical market size for years: 2019, 2020, 2021, 2022 and 2023. The report also forecasts the Resistor Market size for years: 2024, 2025, 2026, 2027, 2028 and 2029. Read More

Resistor Market Size & Share Analysis - Industry Research Report

Resistor Market Size & Share Analysis - Growth Trends & Forecasts (2024 - 2029)

The Resistor Market is Segmented By Type (Surface-mounted Chips, Network, Wirewound, Film/Oxide/Foil, and Carbon), By End-user Industry (Automotive, Aerospace and Defense, Communications, Consumer Electronics and Computing, and Other End-user Industries), By Geography (North America, Europe, Asia-Pacific, Rest of the World). The Market Sizes and Forecasts are Provided in Terms of Value (USD) for all the Above Segments.

Resistor Industry Overview

The Resistor Market is a Semi-consolidated market. The market is significantly competitive, and the players are actively trying to increase their market share. Besides, the vendors are also engaging in various growth strategies such as product development, partnerships, and geographical expansions, among others, to develop their customer base and cater to a broader range of customers across the globe. Some of the prominent vendors in the market include TE Connectivity Ltd., Murata Manufacturing Co. Ltd., Vishay Intertechnology Inc., KOA Speer Electronics, Inc., and ROHM Co., Ltd., among others.

April 2023: ROHM Co., Ltd. announced the development of the industry's thinnest (H: 0.03 inch) 12W-rated metal plate shunt resistor (PSR350). It is optimized for high-power applications in the automotive and industrial equipment markets. ROHM plans to enhance the PSR lineup by introducing a 0.2mΩ (PSR100) model and a 15W type in the industry's smallest size (PSR330). Shunt resistors have a long history of being utilized in power modules for industrial equipment. Likewise, in the automotive sector, there is a growing trend of employing thin double-sided cooled power modules in the main inverters of xEVs.
March 2023: Vishay Intertechnology, Inc. announced the enhancement of the Draloric RCS0805 e3 anti-surge thick film resistor with a higher power rating of 0.5 watts. Therefore, with its increased power rating, the resistor can now be utilized in place of one resistor in the 1210 case size, two parallel devices in the larger 1206 case size, or four standard parallel resistors in the 0805 case size. This allows designers to save board space in industrial, telecommunications, automotive, and medical applications while lowering component counts and placement costs.