Market Overview:
The global ultra-high precision thin film resistors market is expected to grow at a CAGR of 6.5% during the forecast period from 2018 to 2030. The market growth can be attributed to the increasing demand for ultra-high precision thin film resistors in various applications such as instrumentation, medical equipment, automotive electronics, communication devices, and others. Additionally, the growing demand for miniaturized electronic devices is also fueling the growth of this market. However, fluctuations in prices of raw materials used in manufacturing these resistors may hamper the market growth to some extent during the forecast period.
Product Definition:
Ultra-High Precision Thin Film Resistors are resistors with an extremely low tolerance for error. They are used in applications where accuracy and precision are critical, such as in medical devices or scientific equipment. Ultra-High Precision Thin Film Resistors have a much lower tolerance for error than standard thin film resistors, making them ideal for high-precision applications.
0.01% Tolerance:
0.01% tolerance is a very small variation from the standard value. It's mainly used in ultra-high precision thin film resistors for manufacturing semiconductors and integrated circuits (IC). The product finds application in various sectors such as aerospace & defense, automotive, healthcare, consumer electronics and telecommunications among others.
0.05% Tolerance:
0.05% tolerance is a very small variation from the nominal value of resistors. The ultra-high precision thin film resistors have 0.05% tolerance which means that the thickness of each layer in the film is uniform to within 0.05%.
Application Insights:
In terms of revenue, the instrumentation segment dominated the global ultra-high precision thin film resistors market with a share of over 30.0% in 2017. The growth can be attributed to increasing demand for highly accurate resistors for use in industrial and scientific applications at low costs. Moreover, technological advancements and standardization efforts by industry players will further propel market growth over the forecast period.
Medical equipment is expected to witness significant growth owing to rising usage of ultra-high precision thin film resistors in medical devices such as cardiac pacemakers, implantable cardioverter/defibrillators, drug delivery pumps and blood flowmetry systems that require extreme accuracy for effective performance. In addition, growing R&D activities pertaining to advanced healthcare treatments coupled with increasing government funding towards medical research will boost product demand globally during the forecast period 2018 - 2030 ¢â‚¬â€œ2030.
Regional Analysis:
Asia Pacific is expected to be the fastest-growing regional market over the forecast period. The growth can be attributed to increasing demand for electronic products, such as communication devices, automotive electronics and medical equipment. In addition, rising investments in R&D activities for manufacturing semiconductor devices are anticipated to fuel product demand in this region.
The Asia Pacific was followed by Europe which accounted for a revenue share of more than 20% in 2017 owing to high precision technology adoption rate coupled with growing technological advancements pertaining ultra-high precision thin film resistors across several application areas including instrumentation and consumer electronics industry. North America also held a significant share of global market space due to presence of major manufacturers along with well established distribution network facilitating quick delivery even during emergencies or crisis situations at country level thus boosting product sales across this region.
Growth Factors:
- Increasing demand for miniaturization in electronic devices
- Growing popularity of wearable electronics
- Rising demand from the automotive industry
- Proliferation of Internet-of-Things (IoT) devices
- Growing trend of smart homes and buildings
Scope Of The Report
Report Attributes
Report Details
Report Title
Ultra-High Precision Thin Film Resistors Market Research Report
By Type
0.01% Tolerance, 0.05% Tolerance, Others
By Application
Instrumentation, Medical Equipment, Automotive Electronics, Communication Device, Others
By Companies
Vishay, KOA, Susumu, Viking Tech, Panasonic, Japan Fine Ceramics, Walsin Technology, Bourns, TE Connectivity
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
184
Number of Tables & Figures
129
Customization Available
Yes, the report can be customized as per your need.
Global Ultra-High Precision Thin Film Resistors Market Report Segments:
The global Ultra-High Precision Thin Film Resistors market is segmented on the basis of:
Types
0.01% Tolerance, 0.05% Tolerance, Others
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Instrumentation, Medical Equipment, Automotive Electronics, Communication Device, Others
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Vishay
- KOA
- Susumu
- Viking Tech
- Panasonic
- Japan Fine Ceramics
- Walsin Technology
- Bourns
- TE Connectivity
Highlights of The Ultra-High Precision Thin Film Resistors Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- 0.01% Tolerance
- 0.05% Tolerance
- Others
- By Application:
- Instrumentation
- Medical Equipment
- Automotive Electronics
- Communication Device
- Others
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Ultra-High Precision Thin Film Resistors Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Ultra-High Precision Thin Film Resistors are resistors with extremely small tolerances, typically within 1% of the nominal value. This allows them to be used in high-precision applications where even the slightest variation can cause significant errors.
Some of the major players in the ultra-high precision thin film resistors market are Vishay, KOA, Susumu, Viking Tech, Panasonic, Japan Fine Ceramics, Walsin Technology, Bourns, TE Connectivity.
The ultra-high precision thin film resistors market is expected to grow at a compound annual growth rate of 6.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Ultra-High Precision Thin Film Resistors Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Ultra-High Precision Thin Film Resistors Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Ultra-High Precision Thin Film Resistors Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Ultra-High Precision Thin Film Resistors Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Ultra-High Precision Thin Film Resistors Market Size & Forecast, 2020-2028
4.5.1 Ultra-High Precision Thin Film Resistors Market Size and Y-o-Y Growth
4.5.2 Ultra-High Precision Thin Film Resistors Market Absolute $ Opportunity
Chapter 5 Global Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Market Size Forecast by Type
5.2.1 0.01% Tolerance
5.2.2 0.05% Tolerance
5.2.3 Others
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Market Size Forecast by Applications
6.2.1 Instrumentation
6.2.2 Medical Equipment
6.2.3 Automotive Electronics
6.2.4 Communication Device
6.2.5 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Ultra-High Precision Thin Film Resistors Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Ultra-High Precision Thin Film Resistors Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Analysis and Forecast
9.1 Introduction
9.2 North America Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Market Size Forecast by Type
9.6.1 0.01% Tolerance
9.6.2 0.05% Tolerance
9.6.3 Others
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Market Size Forecast by Applications
9.10.1 Instrumentation
9.10.2 Medical Equipment
9.10.3 Automotive Electronics
9.10.4 Communication Device
9.10.5 Others
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Analysis and Forecast
10.1 Introduction
10.2 Europe Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Market Size Forecast by Type
10.6.1 0.01% Tolerance
10.6.2 0.05% Tolerance
10.6.3 Others
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Market Size Forecast by Applications
10.10.1 Instrumentation
10.10.2 Medical Equipment
10.10.3 Automotive Electronics
10.10.4 Communication Device
10.10.5 Others
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Market Size Forecast by Type
11.6.1 0.01% Tolerance
11.6.2 0.05% Tolerance
11.6.3 Others
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Market Size Forecast by Applications
11.10.1 Instrumentation
11.10.2 Medical Equipment
11.10.3 Automotive Electronics
11.10.4 Communication Device
11.10.5 Others
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Analysis and Forecast
12.1 Introduction
12.2 Latin America Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Market Size Forecast by Type
12.6.1 0.01% Tolerance
12.6.2 0.05% Tolerance
12.6.3 Others
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Market Size Forecast by Applications
12.10.1 Instrumentation
12.10.2 Medical Equipment
12.10.3 Automotive Electronics
12.10.4 Communication Device
12.10.5 Others
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Market Size Forecast by Type
13.6.1 0.01% Tolerance
13.6.2 0.05% Tolerance
13.6.3 Others
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Market Size Forecast by Applications
13.10.1 Instrumentation
13.10.2 Medical Equipment
13.10.3 Automotive Electronics
13.10.4 Communication Device
13.10.5 Others
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Ultra-High Precision Thin Film Resistors Market: Competitive Dashboard
14.2 Global Ultra-High Precision Thin Film Resistors Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Vishay
14.3.2 KOA
14.3.3 Susumu
14.3.4 Viking Tech
14.3.5 Panasonic
14.3.6 Japan Fine Ceramics
14.3.7 Walsin Technology
14.3.8 Bourns
14.3.9 TE Connectivity
