Lucintel’s latest market report analyzed that precision resistor provides attractive opportunities in the test & measurement equipment, medical equipment, semiconductor, telecommunication, and industrial automation markets. The precision resistor market is expected to reach $5.0 billion by 2028 with a CAGR of 5.2%. In this market, precision metal film resistor is the largest segment by type, whereas semiconductors is largest by application.
Based on type, the precision resistor market is segmented into precision wire wound resistors, precision metal film resistors, and precision metal foil resistors. The precision metal film resistors segment accounted for the largest share of the market in 2023 and is expected to register the highest CAGR during the forecast period, due to its increasing application in the communication equipment, medical electronic equipment, and automotive electronic industries.
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The Precision Resistor Market is marked by the presence of several big and small players. Some of the prominent players offering precision resistor include TDK Corporation, Murata Manufacturing, YAGEO Group, Vishay Intertechnology, Samsung Electro-Mechanics, TE Connectivity, KYOCERA AVX Components, OMRON Precision, Panasonic, and Cyntec.
This unique research report will enable you to make confident business decisions in this globally competitive marketplace. For a detailed table of contents, contact Lucintel at +1-972-636-5056 or click on this link helpdesk@lucintel.com.
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Lucintel, the premier global management consulting and market research firm, creates winning strategies for growth. It offers market assessments, competitive analysis, opportunity analysis, growth consulting, M&A, and due diligence services to executives and key decision-makers in a variety of industries.
Contact:
Roy Almaguer
Lucintel
Dallas, Texas, USA
Email: roy.almaguer@lucintel.com
Tel. 972.636.5056
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Roy Almaguer Lucintel Dallas, Texas, USA Email: roy.almaguer@lucintel.com Tel. 972.636.5056
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