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Through Hole Resistors Market By Type (Wirewound Type, Axial Type) By Application (Household Appliances, Automobile, Electronics, Others) - Growth, Future Prospects, Competitive Analysis And Forecast 2016 - 2028

About this report

The global Through Hole Resistors Market report explores the critical analysis of the Through Hole Resistors industry using key parameters. The report consists of investment strategies, the need for investments in the Through Hole Resistors industry, and the multiple benefits for the investors. Importantly, this report sets out major changes in the global technical regulations for the Through Hole Resistors industry and how economic and non-economic barriers are helping the Through Hole Resistors market grow. Moreover, the report analyzes the global, regional, and country-level historic and forecasted market size. The report also provides a comprehensive analysis of key investment propositions, demand and supply gap, competitors positioning, STAR analysis, SRC analysis, and Tornado analysis. Key technological developments and other analyses such as porter's five forces analysis, PESTEL analysis, value chain analysis, etc.

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Key Highlights of the report

How are the major segments performing in the Through Hole Resistors Market?

  • In 2021, the axial type segment will be the leading segment by type. Through hole resistors are commonly produced in an axial lead style. They have long, bendable leads that are injected into holes in circuit boards and are usually used for different applications in the automobile and electronics industry.
  • In 2021, the automobile segment will be the major segment by Application. Through hole resistors are used for different applications in an automobile. With the increasing automotive production, electrification, and ADAS features in the automotive sector, the demand for through hole resistors will increase in the automobile industry.

Which region dominated the Through Hole Resistors Market?

In 2021, Asia Pacific was one of the major contributors to the global through hole resistors market. Due to the continued rise in disposable income and technical advancement in important Asia Pacific nations like India, China, and Japan, demand for a wide variety of consumer durable goods is rising. This fuelled the severe competition among the numerous consumer durable brands offered throughout the region. Multinational companies consider the Asia Pacific region as one of the key places to anticipate future growth. Additionally, Asia Pacific is also the leader in terms of automobile production, which is further fueling the growth of through hole resistors in the region.

What is the competitive environment of the Through Hole Resistors Market?

The through hole resistor industry's competitive environment offers information on the total economic profit made by suppliers and businesses, the sales and revenues produced in this sector, the through hole resistor market share globally, the business organization overview, the introduction of new products, and the opportunities for the through hole resistor market. Major competitors focus on hole resistor innovation to gain a competitive advantage.

Executive Summary

What are the technological developments being developed in the Through Hole Resistors Market?

The market offers enormous growth opportunities to the manufacturers for producing through hole resistors with appropriate resistance value, resistive technology, and tolerance value as per the Application. Hence, manufacturers focus on developing efficient resistive technology and appropriate tolerance value of the through hole resistors. 

Which are the key investments by the players in the Through Hole Resistors Market?

Various investments are made throughout the market by a key player. For instance, In June 2022, at its production facility serving the energy sector in Juárez, Mexico, TE Connectivity opened a second building. The new facility almost doubles TE's production capacity for solar products, power grid connections, and cable accessories for the expanding renewable energy sector in the Americas. A more dependable and sustainable electricity grid is made possible by the goods produced at this facility. Additionally, in 2022, at its ERNI facility in Adelberg, Germany, TE Connectivity is growing its business. The advancement will strengthen the business's competitive electroplating capabilities.

Some of the major players in the market are Panasonic, TE Connectivity, Vishay, AVX, Bourns, and TT Electronics.

What are the Major Driving Factors for the Through Hole Resistors Market?

Even in the era of surface mount technology, through-hole technology has proven beneficial, providing various advantages such as high precision and reliability, promoting the adoption of through hole resistors. The components can withstand high levels of environmental stress because of the leads in through-hole fixed resistors that run through the board. Therefore, these resistors are ideally suited for applications like military and aerospace that demand high dependability and robust connections, as well as exposure to harsh temperatures, collisions, and acceleration. Compared to surface mount technology, through-hole mounting offers a stronger bond between the component and the PCB. Additionally, through-hole fixed resistors can be utilized with breadboard apertures and are easily changed. As a result, through-hole resistors are highly preferred by design engineers for use in prototyping.

What are the Major Risks for the Through Hole Resistors Market?

The presence of a large number of counterfeit products, as well as the presence of regional players, is expected to restrain the through hole resistor market.

Which is the key Application in the Through Hole Resistors Market?

The automobile sector dominated the Through Hole Resistors market in 2021. The automobile sector will primarily drive the through-hole resistors industry due to rising automobile production, consumer awareness of car safety ratings, and falling component costs due to the widespread use of cameras and radars. Major OEMs are implementing ADAS systems in automotive to boost safety ratings and draw in more customers. Because of this, top OEMs either standardize safety systems across all models or provide them as extra options. As a result, throughout the projection period, there will be an increase in demand for components including through hole resistors, cameras, radar sensors, ultrasonic sensors, and LiDAR due to the increased adoption of advanced driver assistance systems features in the automobile sector. Additionally, the increasing demand and development of electric vehicles will further increase the demand for through hole resistors for various automobile applications.

How is the Through Hole Resistors Market performing in regions?

In 2021, the Asia Pacific dominated the global Through Hole Resistors market. Leading automobile production hubs like China and Japan are located in this region. The need for automotive through hole resistors is anticipated to develop significantly as vehicle production rises. Off-road and sports cars have become more popular due to Asia's growing preference for integrated all-wheel and four-wheel drive vehicles. These elements are probably responsible for the market's overall expansion during the anticipated term. Additionally, due to the increasing disposable income and purchasing power of people in the Asia Pacific region, demand for consumer durables and electronics is also rising, which will further positively affect the through hole resistors market.

What is the Market Size of the Through Hole Resistors regarding value?

The global Through Hole Resistors Market is anticipated to grow at a substantial CAGR of 9.8% in the upcoming years. The global Through Hole Resistors industry was estimated to be worth USD XX billion in 2021 and was expected to be worth USD XX billion by 2028.

What are major players planning for the future of the Through Hole Resistors Market?

Multiple companies compete in the extremely fragmented through hole fixed resistor industry. Leading manufacturers of through-hole fixed resistors are concentrating on producing high-performance resistors.

Segmentation of Global Through Hole Resistors Market-

Global Through Hole Resistors Market – By Type

  • Wirewound Type
  • Axial Type

 Global Through Hole Resistors Market – By Application

  • Household Appliances
  • Automobile
  • Electronics
  • Others

Global Through Hole Resistors Market – By Region

  • North America
    • U.S.
    • Canada
  • Europe
    • Germany
    • France
    • U.K.
    • Italy
    • Spain
    • Rest of Europe
  • Asia Pacific
    • China
    • Japan
    • India
    • South Korea
    • South-east Asia
    • Rest of Asia Pacific
  • Latin America
    • Brazil
    • Mexico
    • Rest of Latin America
  • Middle East & Africa
    • GCC Countries
    • South Africa
    • Rest of Middle East and Africa

Frequently asked questions about the global through hole resistors market.

Through Hole Resistor Market also suffered from the COVID-19 pandemic, which resulted in a decline in revenue generated in 2020 due to the temporary suspension of different development projects. Different industries also suspended many deals.

The Asia Pacific accounted for the highest share in the global through hole resistors market.

Industrial growth of the consumer durables sector and increasing electrification across the automobile industry are the major factors driving the market's growth.

Axial type had a major share in 2021.

The Automobile segment had a major share of the global market in 2021 and is projected to continue its dominance over the forecast period.

Through Hole Resistors Market Scope

Report Attribute Details
Market Value in 2021 USD XX billion
Market Value in 2028 USD XX billion
CAGR XX%
Benchmarking Year 2021
Past data 2016 – 2021
Forecast period 2022 – 2028
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Trusted By
Godaddy
Published Date:  Oct 2022
Category:  Semiconductor & Electronics
Report ID:   60752
Report Format:   PDF
Pages:   140
Rating:    4.2 (60)
Delivery Time: 24 Hours to 48 Hours   
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