"Increasing Use of Electronic Circuits to Boost the Linear Resistors Market"
The linear resistors market worldwide is expected to grow with a CAGR of 4.2% during the forecast period from 2019 to 2027. Linear resistors market worldwide is witnessing steady growth since the past few years with growth in electronic circuits market. The major demand for electronic circuits in consumer electrics is driving the growth for linear resistors. Linear resistors have numerous benefits such as compact size, reliable during overload, flexible and wide operating range among others. The growth of linear resistors market is driven by the demand for electronic circuits in various industries such as consumer electronics, power and automotive. Due to all these factors, we are expecting steady growth in linear resistors market during the forecast period.
Market Synopsis
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"Electronic Circuits to Continue Dominating the Market"
In 2018, electronic circuits segment remained the backbone of the linear resistors market and contribute a significant revenue for the overall linear resistors market. Wide usage of electronic circuits in consumer electronics is driving the growth for linear resistors market. Other than consumer electronic products, linear resistors have wide application in other products also such as renewable energy sectors, automotive products and others. As a result of all these factors, electronic circuits will continue dominating the market throughout the forecast period.
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"Asia Pacific to Register the Fastest Growth"
Asia Pacific leads linear resistors market with more than 1/3rd of the total market revenue generated worldwide. Linear resistors market is backed by the demand for electronic & electrical products, which is highest in Asia Pacific. Asia Pacific is set to register the highest growth in the market during the forecast period. Rapidly growing disposable income, growth in adopting technology and increasing demand for consumer electronics products in the region are the major factors supporting the growth of the market. Further, the region will witness industrial expansion with new technological advancements, which shall further drive the linear resistors market. On account of these factors, Asia Pacific will grow with the highest CAGR throughout the forecast period.
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Some of the prominent players operating in the linear resistors market include AEP Components, Panasonic, Gefran, Cressall Resistors, Vetco Electronics, Vishay Intertechnology, Inc., TT Electronics HVR Pentagon, KOA Speer Electronics Inc., among others.
Historical & Forecast Period
This research report presents the analysis of each segment from 2017 to 2027 considering 2018 as the base year for the research. Compounded Annual Growth Rate (CAGR) for each respective segments calculated for the forecast period from 2019 to 2027.
Report Scope by Segments
The linear resistors market report provides market size and estimates based on market dynamics and key trends observed in the industry. The report provides a holistic view of global linear resistors market based on product type, application and geography. Key segments covered in the report are as follows:
| ATTRIBUTE |
DETAILS |
| Research Period |
2018-2027 |
| Base Year |
2018 |
| Forecast Period |
2019-2027 |
| Historical Year |
2017 |
| Unit |
USD Million |
| Segmentation |
Product Type (2017–2027; US$ Mn)
• Voltage-Dependent Resistor
• Positive Temperature Coefficient Thermistors
• Negative Temperature Coefficient Thermistors
• Light-Dependent Resistor
|
|
Application Type (2017–2027; US$ Mn)
• Electrical Networks
• Electronic Circuits
|
|
Geography Segment (2016–2026; US$ Mn)
• North America (U.S. and Canada)
• Europe (U.K., Germany, France, Italy, Spain, Scandinavia, and Rest of Europe)
• Asia Pacific (Japan, China, India, Australia, Southeast Asia and Rest of Asia Pacific)
• Rest of World
|
Key questions answered in this report
- What was the market size of linear resistors in 2018 and forecast up to 2027?
- Which is the largest regional market for linear resistors?
- What are the major trends followed in overall linear resistors across different regions?
- Who are the key linear resistors companies leading the market?
- What are the key strategies adopted by the leading linear resistors companies in market?
Unique data points of this report
- Statistics on electronic circuits worldwide
- Recent trends across different regions in terms of adoption of linear resistors across various applications
- Notable developments going on in linear resistors market
- Attractive investment proposition for segments as well as geography
- Comparative scenario for all the segments for years 2018 (actual) and 2027 (forecast)
