Current Sampling Resistance Market Forecast to 2028 - COVID-19 Impact and Global Analysis By Type (Thick Film, Thin Film, and Metal Plate) and Application (Consumer Devices, Industrial, Telecommunication, Automotive, and Other Applications)
Publication Month: Jun 2021 | Report Code: TIPRE00017128 | No. of Pages: 145 | Category: Electronics and Semiconductor | Status: Published
The current sampling resistance market is expected to grow from US$ 2,145.42 million in 2021 to US$ 3,124.36 million by 2028; it is estimated to grow at a CAGR of 5.5% during 2021–2028.
The use of high-density mounting resistors in a variety of applications is expected to accelerate, as the practice of greater performance in a smaller space has become important. The resistors of 01005-inch sizes (0.0160.08 inch) are currently utilized in smartphones and wearable devices. Fillet less mounting—which provides fine-pitch mounting—and via-in-pad—in which holes are created on the component pad to eliminate patterns on the surface layer—have both enhanced mounting density in various applications. To meet the need, companies are creating high-density mounted resistors. For instance, KOA Corporation provides KOA's thick film type low resistance resistors: UR73, UR73V, SR73, WK73S, and WU73, which have resistance values ranging from 10 m to 10 m and TCR of 75 x10-6/K. Metal plate chip low resistance resistors with extremely low parasitic inductance and high accuracy current sensing are made available from various companies. In addition, resistor reduction is nearing its limit, and modularization is likely to expand across all types of equipment in the future.
Impact of COVID-19 Pandemic on Current sampling Resistance Market
The COVID-19 outbreak has severely disrupted the supply chain and manufacturing of passive components, including the hardware component of current sampling resistances. The emergence of COVID-19 virus across the globe, followed by lockdown scenarios, has led the semiconductor industry experts to analyze that the industry would face at least a quarter of lag in the electronic equipment supply chain. This disruption is expected to create tremors through till mid-2021. The electronic equipment and semiconductor industry is likely to pick up pace soon after the governments across the globe lift the various containment measures steadily in order to revive the economy. The production of the passive components in the semiconductor industry is anticipated to gain pace from 2022, which is further foreseen to positively influence the electronic and semiconductor manufacturing, including hardware components of current sampling resistors.
Lucrative Regions for Current Sampling Resistance Providers
Get more information on this report :
Current Sampling Resistance Market Insights
Growing Prevalence of Electric Cars Worldwide Fuels Growth of Current Sampling Resistance Market
There is an increase in the adoption of electric vehicles as a result of a combination of legislative support, battery technology and cost advancements, charging infrastructure, and new attractive models from automakers. Electrification is expanding to new areas of road transportation, paving the way for major changes in the near future. After a decade of fast expansion, the worldwide electric car stock reached ten million units in 2020, a 43% increase over 2019 and a 1% stock share. In 2020, two-third of new electric car registrations and two-thirds of the stock were battery electric vehicles (BEVs). As current sampling resistors are used in various functions such as body areas & cabin controls, lighting supplies, and engine management & ignition systems, the automotive manufacturers have paved the way for electronic component vendors as a result of the increasing adoption of electric vehicles across the world. Companies are developing customized resistors for automotive applications in response to the rising demand. For example, Viking Tech Corporation produces thin-film resistors that are excellent for automotive applications including engine management, headlight control, and acceleration skid control. Hence, with the promising future of electric cars, the demand for current detecting resistors is projected to increase during the forecast period.
Type - Based Market Insights
Based on type, the current sampling resistance market is segmented into thick film, thin-film, and metal plate. In 2020, the thick film segment led the current sampling resistance market, accounting for the largest share in the market.
Current Sampling Resistance Market, by Type, 2020 and 2028 (%)
Get more information on this report :
Application-Based Market Insights
Based on application, the current sampling resistance market can be segmented into consumer devices, industrial, telecommunication, automotive, and other applications. In 2020, the industrial segment accounted for the largest market share.
Strategic Insights
The players operating in the current sampling resistance market adopt strategies such as mergers, acquisitions, and market initiatives to maintain their positions in the market. A few developments by key players are listed below:
- In November 2020, TT Electronics, a global provider of engineered electronics for performance critical applications, introduced its metal foil chip (MFC) resistors. The MFC series uses metal foil on ceramic technology, which combines the heat spreading properties of a ceramic substrate with the surge tolerance of a bulk metal alloy resistance element.
- In February 2020, ROHM announced the availability of shunt resistors, GMR50 series, delivering industry-leading 4 W rated power (at electrode temperature TK = 90°C) in the compact 5.0 mm × 2.5 mm (2010 type package) size. It is ideal for current detection in motors and power supply circuits used in automotive systems and industrial equipment.
The global current sampling resistance market has been segmented as mentioned below:
By Type
- Thick Film
- Thin Film
- Metal Plate
By Application
- Consumer Devices
- Industrial
- Telecommunication
- Automotive
- Other Applications
By Geography
North America
- US
- Canada
- Mexico
Europe
- France
- Germany
- Italy
- UK
- Russia
- Rest of Europe
Asia Pacific (APAC)
- China
- India
- South Korea
- Japan
- Australia
- Rest of APAC
Middle East & Africa (MEA)
- South Africa
- Saudi Arabia
- UAE
- Rest of MEA
South America (SAM)
- Brazil
- Argentina
- Rest of SAM
Company Profiles
- Cyntec Co., Ltd
- KOA Speer Electronics, Inc.
- Panasonic Corporation
- ROHM CO., LTD
- Samsung Electro-Mechanics Co., Ltd.
- Susumu Co., Ltd.
- TT Electronics
- Viking Tech Corporation
- Vishay Intertechnology, Inc.
- Walter Electronic Co. Ltd
Frequently Asked Questions
The List of Companies - Current Sampling Resistance Market
- Cyntec Co., Ltd
- KOA Speer Electronics, Inc.
- Panasonic Corporation
- ROHM CO., LTD
- Samsung Electro-Mechanics Co, Ltd.
- Susumu Co., Ltd.
- TT Electronics
- Viking Tech Corporation
- Vishay Intertechnology, Inc.
- Walter Electronic Co.Ltd
- Save and reduce time carrying out entry-level research by identifying the growth, size, leading players and segments in the global Current Sampling Resistance market.
- Highlights key business priorities in order to assist companies to realign their business strategies.
- The key findings and recommendations highlight crucial progressive industry trends in the global Current Sampling Resistance market, thereby allowing players across the value chain to develop effective long-term strategies.
- Develop/modify business expansion plans by using substantial growth offering developed and emerging markets.
- Scrutinize in-depth global market trends and outlook coupled with the factors driving the market, as well as those hindering it.
- Enhance the decision-making process by understanding the strategies that underpin commercial interest with respect to client products, segmentation, pricing and distribution.
Get the Latest COVID-19 Analysis on this market
Have a Question?
Naveen will walk you through a 15-minute call to present the report’s content and answer all queries if you have any.
Speak to Analyst
-
$3000 $2700
$4550 $4095$6550 $5568$8550 $6840Sample PDF showcases the content structure and the nature of the information included in the report which presents a qualitative and quantitative analysis.
Inquire for Discount
