Position：Home » Industry News
The Global Precision Resistor Market is US$5.0 billion by 2030
Writer：Microhm Page View：Date：2024-04-18
The future of the global precision resistor market looks promising with opportunities in the test & measurement equipment, medical equipment, semiconductor, telecommunication, and industrial automation markets. The global precision resistor market is expected to reach an estimated $5.0 billion by 2028 with a CAGR of 5.2% from 2023 to 2028. The major drivers for this market are growing application of precision resistors in various end use industries, such as automotive, aerospace, and healthcare, increasing trend of miniaturization of electronic device and rising research and development activities for technological advancement of highly advanced precision resistors.
Major players in this market focus on expanding their manufacturing facilities, R&D investments, infrastructural development, and leverage integration opportunities across the value chain. With these strategies precision resistor companies cater to increasing demand, ensure competitive effectiveness, develop innovative products & technologies, reduce production costs, and expand their customer base. Precision Resistor Market Insights
The analyst forecasts that precision metal film resistors will remain the largest segment over the forecast period due to its increasing application in the communication equipment, medical electronic equipment, and automotive electronic industries.
Within this market, semiconductors will remain the highest growing segment due to increasing demand for electronic devices, rising penetration of cloud computing and internet of things (IoT), and growing adoption of technological advanced products like AI across the globe.
APAC will remain the fastest growing region over the forecast period due to increasing adoption of this resistor in the automotive as well as aerospace industries and presence of major consumer electronics manufacturers in the region.
The future of the global precision resistor market looks promising with opportunities in the test & measurement equipment, medical equipment, semiconductor, telecommunication, and industrial automation markets.
It also forecasts that precision metal film resistors will remain the largest segment over the forecast period due to its increasing application in the communication equipment, medical electronic equipment, and automotive electronic industries.
APAC will remain the fastest growing region over the forecast period due to increasing adoption of this resistor in the automotive as well as aerospace industries and presence of major consumer electronics manufacturers in the region of Northern Asia and SEA.
Microhm Electronics Limited is always advanced with the trend and demand of the Components market and our clients. Microhm Group under operation for higher capacity in Production Output and R&D of Precision Resistors like MVR series.
Next：None find Prev：Automotive Semi & Precision Resistors 100+ Billion Pies in 2028
Keywords：
Latest News
- The Global Precision Resistor Market is US$5.0 ,,,
- Automotive Semi & Precision Resistors 100+ ,,,
- An Exhibition For Anybody In Electronics Indust,,,
- The Impact of Analog ICs on IoT,,,
- Semicon Developers Focus On RISC-V Architecture,,,
- Chipmakers Are Given New Power for China Chips ,,,
- Carrier, Cover Tape for Electronics Component T,,,
- Top 5 Artificial Intelligence ChipMakers Outloo,,,
- China NEV sales jump in 2022,,,
- Happy Lunar New Year,,,
- Seasons Greetings,,,
- Precision resistors/Current sense resistors, Ke,,,
- How To Prevent Cover Tape Failure ,,,
- Electric Vehicles – China,,,
- China is setting the rules for driverless cars,,,
Hot Articles
- Microhm will take part in 10th Automotive World,,,
- Thanks for Visiting Microhm's Booth E5-5706 in ,,,
- Top 5 Artificial Intelligence ChipMakers Outloo,,,
- Resistors in Short Supply: Blame Cars,,,
- China NEV sales jump in 2022,,,
- Arrive in Good Shape, COVID-19 Unlock Logistic ,,,
- Oil prices climb, US interest rate hike, hit Pa,,,
- IAPS 2022 The 10th China International Automobi,,,
- The Impact of Analog ICs on IoT,,,
- The Global Precision Resistor Market is US$5.0 ,,,
- CHINA Rising Global Leader In The EV Rush,,,
- Automotive Semi & Precision Resistors 100+ ,,,
- Global TOP 15 WIND POWER COMPANIES ,,,
- Precision Resistors in Aerospace,,,
- E-Car market competition boot the demand and TE,,,
Resistance applications
- CHINA Rising Global Leader In The EV Rush,,,
- Ultraprecise Metal Film Resistor NLT Series,,,
- Why do Charger Circuits use Winding Resistance?,,,
- Tolerance and Measurement of Resistance at Low ,,,
- Electric Vehicles – China,,,
- ISO/TS 16949 for Automotives,,,
- Welding Method of Chip Resistor,,,
- Precision Resistors' Construction and TCR,,,
- Arrive in Good Shape, COVID-19 Unlock Logistic ,,,
- Microhm's Korea Visit to Doosan Robotics and G,,,
- Precision Wirewound Resistors' Strengths and We,,,
- Microhm's Current Sense Resistor,,,
- The 5G Materials Battle: Sub-6 GHz vs mmWave,,,
- Shunt Resistor's Feature and Usage,,,
- Microhm Succeeding in ISO14001:2015 Environmen,,,
microhm@microhm.com