The thick film resistor market is projected to reach USD 615 million by 2027 from USD 435 million in 2020, at a CAGR of 5.06 % during the forecast period. Resistor is a two-terminal electronic component that is used to resist or reduce the amount of current flowing in an electronic circuit. A resistor is diverse component which comes in variety of resistance values, sizes, shapes and types and these different types of resistors are used in different applications. Resistors can be broadly categorized as fixed resistors and variable resistors. Thick film resistor is one of the fixed resistors, these are characterized by the amount of resistive layer deposited on its ceramic base.
The amount of resistive layer deposited on thick film resistor is up to 100 m, whereas thin film layer resistor is having film thickness of 1m. The amount of resistive layer deposited on thick film resistor is approximately 100 times more than thin film resistor. Resistive layers are made up of modern pastes of oxides of ruthenium, rhenium and iridium are used to make resistive materials. Unlike thin film, this process of making thick film resistors is additive i.e. resistive layers are added one after another to the substrate to create the conducting patterns and resistance values. Screen and stencil printing manufacturing process is used for the construction of thick film resistors. Thick film resistors are mostly used resistors in electrical and electronic circuits and have the low cost as compared to other resistor types. Thick film resistor value ranges from 0.01 to 50G (Gigaohm). These are widely used resistors almost in every electrical device along with battery or AC connection.
There are various factors which are driving the growth of thick film resistor market. An average PC contains over 1000 thick film chip resistors. These resistors are heavily used in computer electronics and peripherals, mobiles & tablets and consumer electronics. One of the key factor which is driving the thick film resistor market is that the manufacturers of resistors are heavily investing in research and development, in order to increase the efficiency of thick film resistors. The other factors that can accelerate the thick film resistor market is the speedy growth in consumer electronics and automotive market.
These thick film resistors are one of the major primary components used in automotive components and consumer electronics products. The global thick film resistor market can further increase due increasing consumer spending and increasing global investment. However, these resistors are made in huge volumes, thus a large amount of money is invested and any change in technology which could full-fill existing needs, provided with additional features and low-cost could act as a substitute to existing product. As the new technology could further help to reduce the final price of the end product.
Key players in the Thick film resistor markets include Vishay Intertechnology, Panasonic Industrial Devices & Solutions, ROHM semiconductors, Yageo Corporation, Bourns, TT Electronics, KOA Speer electronics, Ohmite, Johanson Dielectrics, Caddock and so on.
Asia Oceania is expected to hold the largest market share in the thick film and shunt resistor market during the period 2018-2027. The growth is attributed to the presence of a large number of automotive and consumer electronics manufacturers in this region. Moreover, the upcoming smart cities projects in Asia Oceania countries, which are inclusive of commercial and residential projects that demand electrical products like switchgears, energy meters, smart meters, and industrial machinery would drive the shunt resistor market in this region.
The amount of resistive layer deposited on thick film resistor is up to 100 m, whereas thin film layer resistor is having film thickness of 1m. The amount of resistive layer deposited on thick film resistor is approximately 100 times more than thin film resistor. Resistive layers are made up of modern pastes of oxides of ruthenium, rhenium and iridium are used to make resistive materials. Unlike thin film, this process of making thick film resistors is additive i.e. resistive layers are added one after another to the substrate to create the conducting patterns and resistance values. Screen and stencil printing manufacturing process is used for the construction of thick film resistors. Thick film resistors are mostly used resistors in electrical and electronic circuits and have the low cost as compared to other resistor types. Thick film resistor value ranges from 0.01 to 50G (Gigaohm). These are widely used resistors almost in every electrical device along with battery or AC connection.
There are various factors which are driving the growth of thick film resistor market. An average PC contains over 1000 thick film chip resistors. These resistors are heavily used in computer electronics and peripherals, mobiles & tablets and consumer electronics. One of the key factor which is driving the thick film resistor market is that the manufacturers of resistors are heavily investing in research and development, in order to increase the efficiency of thick film resistors. The other factors that can accelerate the thick film resistor market is the speedy growth in consumer electronics and automotive market.
These thick film resistors are one of the major primary components used in automotive components and consumer electronics products. The global thick film resistor market can further increase due increasing consumer spending and increasing global investment. However, these resistors are made in huge volumes, thus a large amount of money is invested and any change in technology which could full-fill existing needs, provided with additional features and low-cost could act as a substitute to existing product. As the new technology could further help to reduce the final price of the end product.
Key players in the Thick film resistor markets include Vishay Intertechnology, Panasonic Industrial Devices & Solutions, ROHM semiconductors, Yageo Corporation, Bourns, TT Electronics, KOA Speer electronics, Ohmite, Johanson Dielectrics, Caddock and so on.
Asia Oceania is expected to hold the largest market share in the thick film and shunt resistor market during the period 2018-2027. The growth is attributed to the presence of a large number of automotive and consumer electronics manufacturers in this region. Moreover, the upcoming smart cities projects in Asia Oceania countries, which are inclusive of commercial and residential projects that demand electrical products like switchgears, energy meters, smart meters, and industrial machinery would drive the shunt resistor market in this region.
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