Current Sampling Resistance Market Size, Share Report, 2028

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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

Lucrative Regions for Current Sampling Resistance Providers

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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 (%)

Current Sampling Resistance Market, by Type, 2020 and 2028 (%)

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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

Report Coverage - Current Sampling Resistance Market
Report CoverageDetails
Market Size Value inUS$ 2,145.42 Million in 2021
Market Size Value byUS$ 3,124.36 Million by 2028
Growth rateCAGR of 5.5% from 2021-2028
Forecast Period2021-2028
Base Year2021
No. of Pages145
No. of Tables61
No. of Charts & Figures74
Historical data availableYes
Segments coveredType and Application
Regional scopeNorth America, Europe, Asia Pacific, Middle East & Africa, South & Central America
Country scopeUS, Canada, Mexico, UK, Germany, Spain, Italy, France, India, China, Japan, South Korea, Australia, UAE, Saudi Arabia, South Africa, Brazil, Argentina
Report coverageRevenue forecast, company ranking, competitive landscape, growth factors, and trends
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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
  • Samsung Electro-Mechanics Co., Ltd.
  • Susumu Co., Ltd.
  • TT Electronics
  • Viking Tech Corporation
  • Vishay Intertechnology, Inc.
  • Walter Electronic Co. Ltd

Frequently Asked Questions

The growth in work-from-home culture is anticipated to help the rise in demand for goods that improve personal convenience at home. Rural demand may surpass the demand from urban markets because of rising rural wages and government programs connected to rural electrification. As a result of the increased consumer electronics manufacturing, demand for electronics components such as resistors and capacitors are also projected to increase, as resistors are one of the most fundamental components in any electrical or electronic circuit.
The use of the Internet of Things (IoT) is constantly rising. According to the New Eclipse Foundation's IoT Commercial Adoption report, over 40% of industry executives indicate their businesses are adopting IoT solutions now, while another 22% say they expect to use IoT in the next two years. Furthermore, the poll found that IoT expenditure will rise, with 40% of companies expected to spend more on IoT solutions between 2020 and 2021. Further, government agencies are launching projects to make use of IoT technology. Components are critical because they allow IoT products and applications to gather, analyze, and send real-world signals and data. The adoption of IoT creates favorable possibilities for component manufacturers, as well as indicating that component sale to expand exponentially in the upcoming years.
Thick film resistors are expected to dominate the market over the forecast period. Thick film resistors are made by coating a substrate with a resistive film or paste made of glass and conductive components. High resistance values can be printed completely or in different patterns on a cylindrical or flat substrate using the thick film technique. They can also be printed in a serpentine pattern to reduce inductance, which is ideal for applications with consistent frequencies. Nowadays, general-purpose thick film chip resistors are widely used component in electronic and electrical equipment (RMCF series). As a result, they are the most affordable and widely available resistor technology. Thick film resistors are ideal for general-purpose applications that do not need a low TCR or tight tolerance. For instance, KOA Speer Electronics, Inc. and Panasonic Corporation provide a unique line of thick film current resistors.

The List of Companies - Current Sampling Resistance Market

  1. Cyntec Co., Ltd
  2. KOA Speer Electronics, Inc.
  3. Panasonic Corporation
  4. ROHM CO., LTD
  5. Samsung Electro-Mechanics Co, Ltd.
  6. Susumu Co., Ltd.
  7. TT Electronics
  8. Viking Tech Corporation
  9. Vishay Intertechnology, Inc.
  10. 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.
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  • 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.
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  • 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.
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