Resistor Market Size Analysis and Top Companies
The global resistor market size is estimated to hit around USD 13.88 billion by 2033, increasing from USD 9.65 billion in 2023 with a CAGR of 3.68% from 2023 to 2033. The top companies operating in the resistor are Yageo Corporation, Vishay Intertechnology, Murata Manufacturing, Panasonic Corporation, Samsung Electro-Mechanics, Rohm Co., Ltd., TE Connectivity, KOA Corporation, Bourns, Inc., Ohmite Manufacturing Company, Caddock Electronics, Inc., Viking Tech Corporation, Ralec Electronic Corp., Stackpole Electronics, Inc., Walsin Technology Corporation, and Others.
Market Report Coverage
| Report Coverage |
Details |
| Market Size in 2023 |
USD 9.65 Billion |
| Market Size in 2024 |
USD 10.01 Billion |
| Market Size by 2033 |
USD 13.88 Billion |
| Growth Rate from 2024 to 2033 |
CAGR of 3.68% |
| Largest Market |
Asia Pacific |
| Base Year |
2023 |
| Forecast Period |
2024 to 2033 |
| Segments Covered |
Type, Application, and Region |
| Regions Covered |
North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa |
Resistor Key Players
- Yageo Corporation
- Vishay Intertechnology
- Murata Manufacturing
- Panasonic Corporation
- Samsung Electro-Mechanics
- Rohm Co., Ltd.
- TE Connectivity
- KOA Corporation
- Bourns, Inc.
- Ohmite Manufacturing Company
- Caddock Electronics, Inc.
- Viking Tech Corporation
- Ralec Electronic Corp.
- Stackpole Electronics, Inc.
- Walsin Technology Corporation
Recent Developments
- In June 2023, Yageo Corporation, a prominent chip resistor manufacturer, revealed a strategic partnership with TSMC, a leading semiconductor foundry. Their joint effort aims to create advanced chip resistors tailored for 5G and automotive applications. The primary focus of this collaboration is the development of chip resistors characterized by low inductance and exceptional reliability, catering to the evolving needs of these high-performance sectors.
- Similarly, in May 2023, Vishay Intertechnology, a key player in chip resistor manufacturing, joined forces with Murata Manufacturing, a major passive components manufacturer. Their collaboration is centered on the creation of high-density chip resistors designed for applications in wearables and the Internet of Things (IoT). The key emphasis lies in developing chip resistors with compact footprints and superior performance to meet the demands of these emerging and compact electronic applications.
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