Thick Film Resistor Market – An Emerging Hint of Opportunity

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Thick Film Resistor Market Competitive Landscape and Trend Analysis Report by Industry : Global Opportunity Analysis and Industry Forecast, 2023-2032

NEW CASTLE, DELAWARE, UNITED STATES, November 7, 2023 / — Thick film resistor is a two terminal electronic component that is used to resist or reduce the amount of current flowing in an electronic circuit. Thick film resistor is a type of fixed resistor which is made up of resistive layer of ceramic base produced by firing a special paste onto the substrate, and the paste is made using glass and metal oxide. Unlike thin film, the process of making thick film resistors is additive, the resistive layers are added one after another to the substrate to create the conducting pattern and resistance value. The amount of resistive layer on thick film resistor is ±100µm, whereas thin film layer thickness is ±1µm. Moreover, thick film resistors can be made into chip resistor of various resistance values, sizes, shapes, and these different types of resistors are used in different applications. The resistors used for surface mount technology (SMT), or custom thick-film hybrid networks, or low- temperature cofired ceramic (LTCC) in various sector with an increase focus in smart city projects. Furthermore, the emerging adoption 5G network has driven the demand for telecom equipment installed with thick film resistor.

𝐑𝐞𝐪𝐮𝐞𝐬𝐭 𝐒𝐚𝐦𝐩𝐥𝐞 𝐑𝐞𝐩𝐨𝐫𝐭 :

𝐂𝐎𝐕𝐈𝐃-𝟏𝟗 𝐈𝐦𝐩𝐚𝐜𝐭 𝐀𝐧𝐚𝐥𝐲𝐬𝐢𝐬:
Thick film resistor market has been severely affected by the ongoing pandemic. Government restrictions and lockdown has halted the overall operation and manufacturing of thick resistors. Also, the demand and supply of thick film resistor has been disrupted since, the manufacturing of automobile industry the largest user of these resistors was stopped. Moreover, unavailability of labour due to social distancing norms and other restrictions further delayed the production. Furthermore, due to restrictions there was a shortage in the raw material required for thick film resistor production. In addition, during the COVID-19 pandemic the sale in the electric vehicle has increased than the previous year. This factor is expected to drive the growth of thick film resistor market amidst the pandemic.

𝐓𝐨𝐩 𝐈𝐦𝐩𝐚𝐜𝐭𝐢𝐧𝐠 𝐅𝐚𝐜𝐭𝐨𝐫𝐬
Rise in investment in R&D to increase efficiency of thick film resistor, rise in consumer electronics & automotive market, and rise in demand for electric & hybrid vehicles is expected to drive the growth of market.
However, lack of profit due to reduction in prices and development of new technology will replace the thick film resistor will hamper growth of market.
Moreover, rise in consumer spending, rise in demand for advanced features in commercial vehicle, and rise in adoption of 4G and 5G network will act as an opportunity for growth of market.

𝐏𝐫𝐨𝐜𝐮𝐫𝐞 𝐂𝐨𝐦𝐩𝐥𝐞𝐭𝐞 𝐑𝐞𝐬𝐞𝐚𝐫𝐜𝐡 𝐑𝐞𝐩𝐨𝐫𝐭 𝐍𝐨𝐰 :

𝐑𝐢𝐬𝐞 𝐢𝐧 𝐝𝐞𝐦𝐚𝐧𝐝 𝐟𝐨𝐫 𝐚𝐝𝐯𝐚𝐧𝐜𝐞𝐝 𝐟𝐞𝐚𝐭𝐮𝐫𝐞𝐬 𝐢𝐧 𝐜𝐨𝐦𝐦𝐞𝐫𝐜𝐢𝐚𝐥 𝐯𝐞𝐡𝐢𝐜𝐥𝐞
Commercial vehicles are low on both on safety and luxury features compared to passenger vehicles. Therefore, regulatory authorities in different countries are upgrading the norms for commercial vehicles. For instance, European Union (EU) has made air-conditioning mandatory for heavy vehicles from 2017 and heating, ventilation & air conditioning (HVAC) mandatory for buses & coaches. Furthermore, in 2019, the heavy trucks were mandated to be installed with electronic logging devices (ELD) from US department of transportation’s federal motor carrier safety administration (FMCSA). All the regulations would increase electronic devices installation which results in demand for more thick film resistors for commercial vehicle thus, it is expected to drive growth of thick film resistor market.

𝐊𝐞𝐲 𝐁𝐞𝐧𝐞𝐟𝐢𝐭𝐬 𝐨𝐟 𝐭𝐡𝐞 𝐑𝐞𝐩𝐨𝐫𝐭:
This study presents the analytical depiction of the thick film resistor market along with the current trends and future estimations to determine the imminent investment pockets.
The report presents information related to key drivers, restraints, and opportunities along with challenges of the thick film resistor market.
The current market is quantitatively analyzed to highlight the thick film resistor market growth scenario.
The report provides detailed thick film resistor market analysis based on competitive intensity and how the competition will take shape in coming years.

𝐈𝐧𝐪𝐮𝐢𝐫𝐞 𝐁𝐞𝐟𝐨𝐫𝐞 𝐁𝐮𝐲𝐢𝐧𝐠 :

𝐐𝐮𝐞𝐬𝐭𝐢𝐨𝐧𝐬 𝐚𝐧𝐬𝐰𝐞𝐫𝐞𝐝 𝐢𝐧 𝐭𝐡𝐞 𝐭𝐡𝐢𝐜𝐤 𝐟𝐢𝐥𝐦 𝐫𝐞𝐬𝐢𝐬𝐭𝐨𝐫 𝐦𝐚𝐫𝐤𝐞𝐭 𝐫𝐞𝐬𝐞𝐚𝐫𝐜𝐡 𝐫𝐞𝐩𝐨𝐫𝐭:
Which are the leading market players active in the thick film resistor market?
What would be the detailed impact of COVID-19 on the market?
What current trends would influence the market in the next few years?
What are the driving factors, restraints, and opportunities in the thick film resistor market?
What are the projections for the future that would help in taking further strategic steps?

𝐊𝐞𝐲 𝐌𝐚𝐫𝐤𝐞𝐭 𝐏𝐥𝐚𝐲𝐞𝐫𝐬
Rohm Semiconductor, TE Connectivity, KOA Speer Electronics INC., YAGEO Corporation, Panasonic Corporation, Viking Tech Corporation, Murata Manufacturing Co. Ltd., TT Electronics, Bourns Inc., Vishay

𝐓𝐡𝐢𝐜𝐤 𝐅𝐢𝐥𝐦 𝐑𝐞𝐬𝐢𝐬𝐭𝐨𝐫 𝐌𝐚𝐫𝐤𝐞𝐭 𝐑𝐞𝐩𝐨𝐫𝐭 𝐇𝐢𝐠𝐡𝐥𝐢𝐠𝐡𝐭𝐬

𝐁𝐲 𝐈𝐧𝐝𝐮𝐬𝐭𝐫𝐲
Electrical & Electronics

𝐁𝐲 𝐑𝐞𝐬𝐢𝐬𝐭𝐨𝐫 𝐓𝐲𝐩𝐞
Thick Film Power Resistor
Thick Film Chip Resistor
Through Hole Type
Shunt Resistor

𝐁𝐲 𝐕𝐞𝐡𝐢𝐜𝐥𝐞 𝐓𝐲𝐩𝐞
ICE Vehicles
Electric Vehicles
Hybrid Vehicles

𝐁𝐲 𝐑𝐞𝐠𝐢𝐨𝐧
North America (U.S., Canada, Mexico)
Europe (France, Germany, UK, Russia, Rest of Europe)
Asia-Pacific (China, Japan, India, South Korea, Rest of Asia-Pacific)
LAMEA (Latin America, Middle East, Africa)

David Correa
Allied Analytics LLP
+ +1 800-792-5285
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