Global Thin Film Chip Resistors Market Growth, Share, Size, Trends and Forecast (2025 - 2031)

By Type ;

Ultra Precision 0.05% Tolerance ,0.1% Tolerance ,1% Tolerance ,Others.

By Application;

Instrumentation, Medical Instruments, Power Supply, and Electric Power Equipment.

By End-User;

IE , CE and Others.

By Geography;

North America, Europe, Asia Pacific, Middle East & Africa and Latin America - Report Timeline (2021 - 2031).
Report ID: Rn104644256 Published Date: March, 2025 Updated Date: April, 2025

Introduction

Global Thin Film Chip Resistors Market (USD Million), 2021 - 2031

In the year 2024, the Global Thin Film Chip Resistors Market was valued at USD 1,149.34 million. The size of this market is expected to increase to USD 1,919.27 million by the year 2031, while growing at a Compounded Annual Growth Rate (CAGR) of 7.6%.

Thin film chip resistors, also known as metal film chip resistors, are surface-mounted integrated circuit (IC) devices designed to provide a known resistance to electrical current. Available in rectangular or square chip packages, these components are highly compact and serve critical functions in operating, safeguarding, and controlling circuits. Thin film chip resistors can have a fixed resistance value or an adjustable resistance within a specific range. Commonly referred to as surface-mount devices (SMD resistors), they are widely used in automotive and transportation, consumer electronics, industrial applications, and IT and telecommunications.

In the automotive sector, the increasing integration of electronics due to technological advancements, such as advanced driver assistance systems, electric power steering, and infotainment systems, has enhanced vehicle safety and user experience. Thin film chip resistors play a crucial role in managing the electric current supply within these systems to ensure efficient operation. The growing use of electronics in vehicles is a significant driver of the thin film chip resistor market growth.

However, the market faces challenges that could hinder its growth. A major issue is the declining profit margins due to decreasing prices of thin film chip resistors. Additionally, the development of new technologies that offer low-cost alternatives to thin film chip resistors poses a threat to the market. These factors combined may restrict the growth of the thin film chip resistor market in the future.

  1. Introduction
    1. Research Objectives and Assumptions
    2. Research Methodology
    3. Abbreviations
  2. Market Definition & Study Scope
  3. Executive Summary
    1. Market Snapshot, By Type
    2. Market Snapshot, By Application
    3. Market Snapshot, By End-User
    4. Market Snapshot, By Region
  4. Global Thin Film Chip Resistors Market Dynamics
    1. Drivers, Restraints and Opportunities
      1. Drivers
        1. Rise of Emerging Technologies
        2. Shift Towards Lead-Free Electronics
      2. Restraints
        1. Raw Material Price Fluctuations
        2. High Initial Investment
      3. Opportunities
        1. Development of Ultra-Precision Resistors
        2. Expanding Applications
    2. PEST Analysis
      1. Political Analysis
      2. Economic Analysis
      3. Social Analysis
      4. Technological Analysis
    3. Porter's Analysis
      1. Bargaining Power of Suppliers
      2. Bargaining Power of Buyers
      3. Threat of Substitutes
      4. Threat of New Entrants
      5. Competitive Rivalry

  5. Market Segmentation
    1. Global Thin Film Chip Resistors Market, By Type , 2021 - 2031 (USD Million)

      1. Ultra Precision 0.05% Tolerance

      2. 0.1% Tolerance

      3. 1% Tolerance

      4. Others

    2. Global Thin Film Chip Resistors Market, By Application, 2021 - 2031 (USD Million)

      1. Instrumentation

      2. Medical Instruments

      3. Power Supply

      4. Electric Power Equipment.

    3. Global Thin Film Chip Resistors Market, By End-User, 2021 - 2031 (USD Million)
      1. IE
      2. CE
      3. Others
    4. Global Thin Film Chip Resistors Market, By Geography, 2021 - 2031 (USD Million)
      1. North America
        1. United States
        2. Canada
      2. Europe
        1. Germany
        2. United Kingdom
        3. France
        4. Italy
        5. Spain
        6. Nordic
        7. Benelux
        8. Rest of Europe
      3. Asia Pacific
        1. Japan
        2. China
        3. India
        4. Australia & New Zealand
        5. South Korea
        6. ASEAN (Association of South East Asian Countries)
        7. Rest of Asia Pacific
      4. Middle East & Africa
        1. GCC
        2. Israel
        3. South Africa
        4. Rest of Middle East & Africa
      5. Latin America
        1. Brazil
        2. Mexico
        3. Argentina
        4. Rest of Latin America
  6. Competitive Landscape
    1. Company Profiles
      1. Bourns
      2. Cal-Chip Electronics
      3. Panasonic
      4. TE Connectivity
      5. Vishay Intertechnology
  7. Analyst Views
  8. Future Outlook of the Market