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Electronic Resistors Market Segmented By type that is fixed, variable and by presence of lead that is Leaded resistors, Surface mount resistors.
In today’s world, the adoption of consumer electronics has increased. With this, the demand for electronic components like resistors, transistors, and capacitors are growing since every electronic device circuits are built with these elements. Every electronic component has a varying demand of current needed to operate, and due to this uncertainty in requirements, the evolution of electronic resistors took place.
These resistors are known for the power dissipation it provides and sound resistance. Electronic Resistors are used to limit the flow of electric current and have features like noise control, inductance and temperature coefficient.
Electronic resistors are available in various configurations based on the material and requirements. The carbon resistors are used when low inductance and high frequency are essential. Film Type is used when lower noise and high frequency are required. Wire wound resistors are used for special requirements in the metal body and ceramic body. Other configurations like thin film are also available.
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The market of electronic resistors is elevating due to factors like increasing automation in industrial processed and growing demand for small and compact electronic resistors. Also, these resistors are widely used in applications such as renewable energy sector and smart grids where the control over the flow of electricity is of prime importance.
The factors restraining the growth of electronic resistors market are its limitations of power ratings, voltage levels. Also, some resistor configurations suffer from high inductance and capacitance which limits there usage in specific applications which require low frequency. Such factors hinder the growth of the market.
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The key players in the market are ASJ Holdings Ltd., Bourns, Inc., Queen Mao Electronic Co., Ltd., Ohmite Manufacturing Company, Infineon Technology, TE Connectivity Ltd., Vishay Intertechnology, Inc., Token Electronics Industry Co., Ltd., Token Electronics Industry Co., Ltd., KOA Speer, and Murata.
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North America is expected to be the largest market for Electronic Resistors market. The majority of Electronic Resistors vendors such as Vishay Intertechnology, Inc., KOA Speer and Ohmite Manufacturing Company are based in North America region.
This is attributed to increasing adoption of consumer electronic market. The market is anticipated to grow in Europe region due to the presence of other market vendors like Infineon Technology and few others in the region.
The report is a compilation of first-hand information, qualitative and quantitative assessment by industry analysts, inputs from industry experts and industry participants across the value chain.
The report provides in-depth analysis of parent market trends, macro-economic indicators and governing factors along with market attractiveness as per segments. The report also maps the qualitative impact of various market factors on market segments and geographies.
