North America Current Sampling Resistance Market Overview and Growth by 2028
North America Current Sampling Resistance Market Forecast to 2028 - COVID-19 Impact and Regional Analysis By Type (Thick Film, Thin Film, and Metal Plate) and Application (Consumer Devices, Industrial, Telecommunication, Automotive, and Other Applications)
- Report Date : Jul 2021
- Report Code : TIPRE00023749
- Category : Electronics and Semiconductor
- Status : Published
- Available Report Formats :
- No. of Pages : 110
The North America current sampling resistance market is expected to grow from US$ 576.48 million in 2021 to US$ 809.83 million by 2028; it is estimated to grow at a CAGR of 5.0% from 2021 to 2028.
The US, Canada, and Mexico are economies in North America. Rising production of consumer electronics is expected to fuel the market growth. Consumer electronics and appliance makers aim to increase production rates in the coming years due to increasing demand from region. According to a report by Care Ratings, consumer electronics production is expected to rise by 5%–8% in fiscal 2022. 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 electric resistors regulate the amount of current passing through the circuit. They control the voltage in the components to which they are connected. Without resistors, individual components cannot regulate the voltage, which can lead to overloading. Smart locks, doorbells, and cameras; smart smoke and carbon monoxide detectors; and smart switches, dimmers, and outlets are among the devices that are becoming increasingly popular in this sector. In addition, product diversification and the introduction of new technologies are also driving the demand for customized current sensing resistors. In addition to consumer electronics, wearables, smart speakers, home automation, connection technologies, and drones are contributing to the industry's growth across North America region.In case of COVID-19, North America is highly affected specially the US. North America is known for the highest rate of adoption of advanced technologies due to favorable government policies to boost innovation and strengthen infrastructure capabilities. As a result, any factor affecting performance of industries in the region hinders its economic growth. Currently, the US is the world's worst-affected country due to the COVID-19 outbreak, which has led governments to impose several limitations on industrial, commercial, and public activities in the country, to control the spread of infection. Hence, the demand for passive components has steadily declined as a result of the suspension of operations in numerous industries, the closing of different production units, and people's unwillingness to enter the work force. Therefore, the COVID-19 epidemic and its repercussions have impacted the North America's current sampling resistance market in a negative manner.
With the new features and technologies, vendors can attract new customers and expand their footprints in emerging markets. This factor is likely to drive the North America current sampling resistance market. The North America current sampling resistance market is expected to grow at a good CAGR during the forecast period.
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North America Current Sampling Resistance Market Segmentation
North America Current Sampling Resistance Market – By Type
- Thick Film
- Thin Film
- Metal Plate
North America Current Sampling Resistance Market – By Application
- Consumer Devices
- Industrial
- Telecommunication
- Automotive
- Other Applications
North America Current Sampling Resistance Market, by Country
- US
- Canada
- Mexico
North America Current Sampling Resistance Market -Companies Mentioned
- 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.
Report Coverage
Revenue forecast, Company Analysis, Industry landscape, Growth factors, and Trends
Segment Covered
Type and Application
Regional Scope
North America, Europe, Asia Pacific, Middle East & Africa, South & Central America
Country Scope
US, Canada
TABLE OF CONTENTS
1. Introduction
1.1 Study Scope
1.2 The Insight Partners Research Report Guidance
1.3 Market Segmentation
1.3.1 North America Current Sampling Resistance Market – By Type
1.3.2 North America Current Sampling Resistance Market – By Application
1.3.3 North America Current Sampling Resistance Market- By Country
2. Key Takeaways
3. Research Methodology
3.1 Coverage
3.2 Secondary Research
3.3 Primary Research
4. North America Current Sampling Resistance Market Landscape
4.1 Market Overview
4.2 North America PEST Analysis
4.3 Ecosystem Analysis
4.4 Expert Opinion
5. North America Current Sampling Resistance Market – Key Market Dynamics
5.1 Key Market Drivers
5.1.1 Rising Production of Consumer Electronics
5.1.2 Increasing Prevalence’s of Electric Cars
5.2 Key Market Restraints
5.2.1 Accuracy Over a High Current Range
5.3 Key Market Opportunities
5.3.1 Surging Large Scale Commercialization of IoT and IIoT
5.4 Future Trends
5.4.1 Growing Use of High-density Mounting Resistors
5.5 Impact Analysis of Drivers and Restraints
6. Current Sampling Resistance Market – North America Analysis
6.1 North America Current Sampling Resistance Market Overview
6.2 North America Current Sampling Resistance Market – Revenue and Forecast to 2028 (US$ Million)
7. North America Current Sampling Resistance Market Analysis – By Type
7.1 Overview
7.2 North America Current Sampling Resistance Market Revenue Breakdown, By Type, 2020 and 2028
7.3 Thick film
7.3.1 Overview
7.3.2 Thick Film: Current Sampling Resistance Market- Revenue and Forecast to 2028 (US$ Million)
7.4 Thin Film
7.4.1 Overview
7.4.2 Thin Film: Current Sampling Resistance Market, Revenue and Forecast to 2028 (US$ Million)
7.5 Metal Plate
7.5.1 Overview
7.5.2 Metal Plate: Current Sampling Resistance Market- Revenue and Forecast to 2028 (US$ Million)
8. North America Current Sampling Resistance Market Analysis– By Application
8.1 Overview
8.2 North America Current Sampling Resistance Market Breakdown, By Application, 2020 and 2028
8.3 Consumer Devices
8.3.1 Overview
8.3.2 Consumer Devices: Current Sampling Resistance Market- Revenue and Forecast to 2028 (US$ Million)
8.4 Industrial
8.4.1 Overview
8.4.2 Industrial: Current Sampling Resistance Market- Revenue and Forecast to 2028 (US$ Million)
8.5 Telecommunication
8.5.1 Overview
8.5.2 Telecommunication: Current Sampling Resistance Market- Revenue and Forecast to 2028 (US$ Million)
8.6 Automotive
8.6.1 Overview
8.6.2 Automotive: Current Sampling Resistance Market- Revenue and Forecast to 2028 (US$ Million)
8.7 Other Applications
8.7.1 Overview
8.7.2 Other Applications: Current Sampling Resistance Market- Revenue and Forecast to 2028 (US$ Million)
9. North America Current Sampling Resistance Market – Country Analysis
9.1 Overview
9.1.1 North America Current Sampling Resistance Market Breakdown, by Country
9.1.1.1 US Current Sampling Resistance Market, Revenue and Forecast to 2028
9.1.1.1.1 US Current Sampling Resistance Market Breakdown, by Type
9.1.1.1.2 US Current Sampling Resistance Market Breakdown, by Application
9.1.1.2 Canada Current Sampling Resistance Market, Revenue and Forecast to 2028
9.1.1.2.1 Canada Current Sampling Resistance Market Breakdown, by Type
9.1.1.2.2 Canada Current Sampling Resistance Market Breakdown, by Application
9.1.1.3 Mexico Current Sampling Resistance Market, Revenue and Forecast to 2028
9.1.1.3.1 Mexico Current Sampling Resistance Market Breakdown, by Type
9.1.1.3.2 Mexico Current Sampling Resistance Market Breakdown, by Application
10. North America Current Sampling Resistance Market- COVID-19 Impact Analysis
10.1 North America
11. Industry Landscape
11.1 Overview
11.2 Market Initiative
11.3 New Product Development
12. Company Profiles
12.1 KOA Speer Electronics, Inc.
12.1.1 Key Facts
12.1.2 Business Description
12.1.3 Products and Services
12.1.4 Financial Overview
12.1.5 SWOT Analysis
12.1.6 Key Developments
12.2 Panasonic Corporation
12.2.1 Key Facts
12.2.2 Business Description
12.2.3 Products and Services
12.2.4 Financial Overview
12.2.5 SWOT Analysis
12.2.6 Key Developments
12.3 ROHM CO., LTD.
12.3.1 Key Facts
12.3.2 Business Description
12.3.3 Products and Services
12.3.4 Financial Overview
12.3.5 SWOT Analysis
12.3.6 Key Developments
12.4 Samsung Electro-Mechanics Co, Ltd.
12.4.1 Key Facts
12.4.2 Business Description
12.4.3 Products and Services
12.4.4 Financial Overview
12.4.5 SWOT Analysis
12.4.6 Key Developments
12.5 Cyntec Co., Ltd.
12.5.1 Key Facts
12.5.2 Business Description
12.5.3 Products and Services
12.5.4 Financial Overview
12.5.5 SWOT Analysis
12.5.6 Key Developments
12.6 Susumu Co., Ltd
12.6.1 Key Facts
12.6.2 Business Description
12.6.3 Products and Services
12.6.4 Financial Overview
12.6.5 SWOT Analysis
12.6.6 Key Developments
12.7 TT Electronics
12.7.1 Key Facts
12.7.2 Business Description
12.7.3 Products and Services
12.7.4 Financial Overview
12.7.5 SWOT Analysis
12.7.6 Key Developments
12.8 Viking Tech Corporation
12.8.1 Key Facts
12.8.2 Business Description
12.8.3 Products and Services
12.8.4 Financial Overview
12.8.5 SWOT Analysis
12.8.6 Key Developments
12.9 Vishay Intertechnology, Inc.
12.9.1 Key Facts
12.9.2 Business Description
12.9.3 Products and Services
12.9.4 Financial Overview
12.9.5 SWOT Analysis
12.9.6 Key Developments
13. Appendix
13.1 About The Insight Partners
13.2 Word Index
LIST OF TABLES
Table 1. North America Current Sampling Resistance Market – Revenue and Forecast to 2028 (US$ Million)
Table 2. North America Current Sampling Resistance Market, Revenue and Forecast To 2028 – By Country (US$ Mn)
Table 3. US Current Sampling Resistance Market, Revenue and Forecast to 2028 – By Type (US$ Mn)
Table 4. US Current Sampling Resistance Market, Revenue and Forecast to 2028 – By Application (US$ Mn)
Table 5. Canada Current Sampling Resistance Market, Revenue and Forecast to 2028 – By Type (US$ Mn)
Table 6. Canada Current Sampling Resistance Market, Revenue and Forecast to 2028 – By Application (US$ Mn)
Table 7. Mexico Current Sampling Resistance Market, Revenue and Forecast to 2028 – By Type (US$ Mn)
Table 8. Mexico Current Sampling Resistance Market, Revenue and Forecast to 2028 – By Application (US$ Mn)
Table 9. List of Abbreviation
LIST OF FIGURES
Figure 1. North America Current Sampling Resistance Market Segmentation
Figure 2. North America Current Sampling Resistance Market Segmentation – By Country
Figure 3. North America Current Sampling Resistance Market Overview
Figure 4. Thick Film Type Held the Largest Market Share in 2020
Figure 5. Industrial Application Held the Largest Market Share in 2020
Figure 6. US was the Largest Revenue Contributor in 2020
Figure 7. North America– PEST Analysis
Figure 8. North America Current Sampling Resistance Market– Ecosystem Analysis
Figure 9. Expert Opinion
Figure 10. North America Current Sampling Resistance Market: Impact Analysis of Drivers and Restraints
Figure 11. North America Current Sampling Resistance Market – Revenue and Forecast to 2028 (US$ Million)
Figure 12. North America Current Sampling Resistance Market Revenue Breakdown, by type, 2020 and 2028 (%)
Figure 13. North America Thick Film: Current Sampling Resistance Market- Revenue and Forecast to 2028 (US$ Million)
Figure 14. North America Thin Film: Current Sampling Resistance Market- Revenue and Forecast to 2028 (US$ Million)
Figure 15. North America Metal Plate: Current Sampling Resistance Market- Revenue and Forecast to 2028 (US$ Million)
Figure 16. North America Current sampling resistance Market Breakdown, By Application, 2020 and 2028 (%)
Figure 17. North America Consumer Devices: Current Sampling Resistance Market- Revenue and Forecast to 2028 (US$ Million)
Figure 18. North America Industrial: Current Sampling Resistance Market- Revenue and Forecast To 2028 (US$ Million)
Figure 19. North America Telecommunication: Current Sampling Resistance Market- Revenue and Forecast to 2028 (US$ Million)
Figure 20. North America Automotive: Current Sampling Resistance Market- Revenue and Forecast to 2028 (US$ Million)
Figure 21. North America Other Applications: Current Sampling Resistance Market- Revenue and Forecast to 2028 (US$ Million)
Figure 22. North America: Current Sampling Resistance Market, by Key Country- Revenue (2020) (USD Million)
Figure 23. North America Current Sampling Resistance Market Breakdown, by Country, 2020 & 2028 (%)
Figure 24. US Current Sampling Resistance Market, Revenue and Forecast, 2018–2028 (US$ Mn)
Figure 25. Canada Current Sampling Resistance Market, Revenue and Forecast, 2018–2028 (US$ Mn)
Figure 26. Mexico Current Sampling Resistance Market, Revenue and Forecast, 2018–2028 (US$ Mn)
Figure 27. Impact of COVID-19 Pandemic in North American Countries
- 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.
The Insight Partners performs research in 4 major stages: Data Collection & Secondary Research, Primary Research, Data Analysis and Data Triangulation & Final Review.
- Data Collection and Secondary Research:
As a market research and consulting firm operating from a decade, we have published many reports and advised several clients across the globe. First step for any study will start with an assessment of currently available data and insights from existing reports. Further, historical and current market information is collected from Investor Presentations, Annual Reports, SEC Filings, etc., and other information related to company’s performance and market positioning are gathered from Paid Databases (Factiva, Hoovers, and Reuters) and various other publications available in public domain.
Several associations trade associates, technical forums, institutes, societies and organizations are accessed to gain technical as well as market related insights through their publications such as research papers, blogs and press releases related to the studies are referred to get cues about the market. Further, white papers, journals, magazines, and other news articles published in the last 3 years are scrutinized and analyzed to understand the current market trends.
- Primary Research:
The primarily interview analysis comprise of data obtained from industry participants interview and answers to survey questions gathered by in-house primary team.
For primary research, interviews are conducted with industry experts/CEOs/Marketing Managers/Sales Managers/VPs/Subject Matter Experts from both demand and supply side to get a 360-degree view of the market. The primary team conducts several interviews based on the complexity of the markets to understand the various market trends and dynamics which makes research more credible and precise.
A typical research interview fulfils the following functions:
- Provides first-hand information on the market size, market trends, growth trends, competitive landscape, and outlook
- Validates and strengthens in-house secondary research findings
- Develops the analysis team’s expertise and market understanding
Primary research involves email interactions and telephone interviews for each market, category, segment, and sub-segment across geographies. The participants who typically take part in such a process include, but are not limited to:
- Industry participants: VPs, business development managers, market intelligence managers and national sales managers
- Outside experts: Valuation experts, research analysts and key opinion leaders specializing in the electronics and semiconductor industry.
Below is the breakup of our primary respondents by company, designation, and region:
Once we receive the confirmation from primary research sources or primary respondents, we finalize the base year market estimation and forecast the data as per the macroeconomic and microeconomic factors assessed during data collection.
- Data Analysis:
Once data is validated through both secondary as well as primary respondents, we finalize the market estimations by hypothesis formulation and factor analysis at regional and country level.
- 3.1 Macro-Economic Factor Analysis:
We analyse macroeconomic indicators such the gross domestic product (GDP), increase in the demand for goods and services across industries, technological advancement, regional economic growth, governmental policies, the influence of COVID-19, PEST analysis, and other aspects. This analysis aids in setting benchmarks for various nations/regions and approximating market splits. Additionally, the general trend of the aforementioned components aid in determining the market's development possibilities.
- 3.2 Country Level Data:
Various factors that are especially aligned to the country are taken into account to determine the market size for a certain area and country, including the presence of vendors, such as headquarters and offices, the country's GDP, demand patterns, and industry growth. To comprehend the market dynamics for the nation, a number of growth variables, inhibitors, application areas, and current market trends are researched. The aforementioned elements aid in determining the country's overall market's growth potential.
- 3.3 Company Profile:
The “Table of Contents” is formulated by listing and analyzing more than 25 - 30 companies operating in the market ecosystem across geographies. However, we profile only 10 companies as a standard practice in our syndicate reports. These 10 companies comprise leading, emerging, and regional players. Nonetheless, our analysis is not restricted to the 10 listed companies, we also analyze other companies present in the market to develop a holistic view and understand the prevailing trends. The “Company Profiles” section in the report covers key facts, business description, products & services, financial information, SWOT analysis, and key developments. The financial information presented is extracted from the annual reports and official documents of the publicly listed companies. Upon collecting the information for the sections of respective companies, we verify them via various primary sources and then compile the data in respective company profiles. The company level information helps us in deriving the base number as well as in forecasting the market size.
- 3.4 Developing Base Number:
Aggregation of sales statistics (2020-2022) and macro-economic factor, and other secondary and primary research insights are utilized to arrive at base number and related market shares for 2022. The data gaps are identified in this step and relevant market data is analyzed, collected from paid primary interviews or databases. On finalizing the base year market size, forecasts are developed on the basis of macro-economic, industry and market growth factors and company level analysis.
- Data Triangulation and Final Review:
The market findings and base year market size calculations are validated from supply as well as demand side. Demand side validations are based on macro-economic factor analysis and benchmarks for respective regions and countries. In case of supply side validations, revenues of major companies are estimated (in case not available) based on industry benchmark, approximate number of employees, product portfolio, and primary interviews revenues are gathered. Further revenue from target product/service segment is assessed to avoid overshooting of market statistics. In case of heavy deviations between supply and demand side values, all thes steps are repeated to achieve synchronization.
We follow an iterative model, wherein we share our research findings with Subject Matter Experts (SME’s) and Key Opinion Leaders (KOLs) until consensus view of the market is not formulated – this model negates any drastic deviation in the opinions of experts. Only validated and universally acceptable research findings are quoted in our reports.
We have important check points that we use to validate our research findings – which we call – data triangulation, where we validate the information, we generate from secondary sources with primary interviews and then we re-validate with our internal data bases and Subject matter experts. This comprehensive model enables us to deliver high quality, reliable data in shortest possible time.
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