Resistors Market was valued at 5961 million in 2024 and is projected to reach US$ 9374 million by 2032, at a CAGR of 6.7% during the forecast period
Report Studies
• The global Resistors Market was valued at 5961 million in 2024 and is projected to reach US$ 9374 million by 2032, at a CAGR of 6.7% during the forecast period. Resistors are fundamental passive components in electronic circuits, essential for regulating voltage and current flow to ensure stable device operation. They function by impeding electrical current, converting excess energy into heat, which makes power tolerance a critical design parameter.
• Structurally, resistors consist of a resistive element (such as carbon film, metal film, or wire-wound alloys), conductive leads, and protective encapsulation (epoxy or ceramic).
Modern manufacturing leverages precision coating, laser trimming, and high-temperature sintering to achieve tolerances as tight as ±0.1% and power handling up to several kilowatts. Resistors are categorized into fixed resistors, variable resistors (e.g., potentiometers), and sensitive resistors (e.g., thermistors, varistors), with surface-mount device (SMD) variants dominating due to their compact size and compatibility with automated assembly.
By Type:
• The market is segmented based on type into:
• SMD Thin Film Resistors
• SMD Thick Film Resistors
• Metal Current Sensing Resistors (Alloy Resistors)
• Thermistors (PTC/NTC)
• Subtypes: Positive Temperature Coefficient (PTC), Negative Temperature Coefficient (NTC)
• Varistor/Variable Resistors
• Other Resistors
By Application:
• The market is segmented based on application into:
• Automotive Electronics
• Subtypes: Battery management systems, motor control, infotainment
• Mobile Phones & Tablets
• Computers & Servers
• Home Appliances
• Medical Equipment
• Others
• YAGEO Corporation (Taiwan)
• Vishay Intertechnology (U.S.)
• KOA Speer Electronics (Japan)
• Panasonic Corporation (Japan)
• Samsung Electro-Mechanics (South Korea)
• TA-I Technology (Taiwan)
• GuangDong FengHua Advanced Technology (China)
