A12192 | Pages: NA | Jul 2022 | 1216 Views | ||
Author(s) : Sonia Mutreja | Tables: NA | Charts: NA |
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Pandemic disrupted the entire world and affected many industries.
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Thick film resistor is a two terminal electronic component that is used to resist or reduce the amount of current flowing in an electronic circuit. Thick film resistor is a type of fixed resistor which is made up of resistive layer of ceramic base produced by firing a special paste onto the substrate, and the paste is made using glass and metal oxide. Unlike thin film, the process of making thick film resistors is additive, the resistive layers are added one after another to the substrate to create the conducting pattern and resistance value. The amount of resistive layer on thick film resistor is ±100µm, whereas thin film layer thickness is ±1µm. Moreover, thick film resistors can be made into chip resistor of various resistance values, sizes, shapes, and these different types of resistors are used in different applications. The resistors used for surface mount technology (SMT), or custom thick-film hybrid networks, or low- temperature cofired ceramic (LTCC) in various sector with an increase focus in smart city projects. Furthermore, the emerging adoption 5G network has driven the demand for telecom equipment installed with thick film resistor.
Market Scope and Structure Analysis:
Report Metric | Details |
Market size available for years | 2020–2030 |
Base year considered | 2020 |
Forecast period | 2021–2030 |
Forecast units | Value (USD) |
Segments covered | Industry, Resistor Type, Vehicle Type, and Region |
Regions covered | North America (U.S., Canada, and Mexico), Europe (Germany, France, UK, Italy, and Rest of Europe), Asia-Pacific (China, Japan, India, South Korea, and Rest of Asia-Pacific), and LAMEA (Latin America, Middle East, and Africa) |
Companies covered | YAGEO Corporation, TE Connectivity, KOA Speer Electronics INC., Panasonic Corporation, Vishay, ROHM SEMICONDUCTOR, Viking Tech Corporation, Murata Manufacturing Co. Ltd., TT Electronics, and Bourns Inc. |
COVID-19 Impact Analysis:
Thick film resistor market has been severely affected by the ongoing pandemic. Government restrictions and lockdown has halted the overall operation and manufacturing of thick resistors. Also, the demand and supply of thick film resistor has been disrupted since, the manufacturing of automobile industry the largest user of these resistors was stopped. Moreover, unavailability of labour due to social distancing norms and other restrictions further delayed the production. Furthermore, due to restrictions there was a shortage in the raw material required for thick film resistor production. In addition, during the COVID-19 pandemic the sale in the electric vehicle has increased than the previous year. This factor is expected to drive the growth of thick film resistor market amidst the pandemic.
Top Impacting Factors
Market Trends
Rise in demand for advanced features in commercial vehicle
Commercial vehicles are low on both on safety and luxury features compared to passenger vehicles. Therefore, regulatory authorities in different countries are upgrading the norms for commercial vehicles. For instance, European Union (EU) has made air-conditioning mandatory for heavy vehicles from 2017 and heating, ventilation & air conditioning (HVAC) mandatory for buses & coaches. Furthermore, in 2019, the heavy trucks were mandated to be installed with electronic logging devices (ELD) from US department of transportation’s federal motor carrier safety administration (FMCSA). All the regulations would increase electronic devices installation which results in demand for more thick film resistors for commercial vehicle thus, it is expected to drive growth of thick film resistor market.
Key Segments Covered:
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Key Benefits of the Report:
Questions answered in the thick film resistor market research report:
Key Market Segments
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Key Market Players
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