Global Resistor
Market Report
2025
Resistor market size is USD 10581.2 million in 2024 and will expand at a compound annual growth rate (CAGR) of 3.00% from 2024 to 2031.
The base year for the calculation is 2024. The historical will be 2021 to 2024. The year 2025 will be estimated one while the forecasted data will be from year 2025 to 2033. When we deliver the report that time we updated report data till the purchase date.
PDF Access: Password protected PDF file, Excel File Access: Quantitative data, PPT Report Access: For the presentation purpose, Cloud Access: Secure Company Account Access.
Share your contact details to receive free updated sample copy/pages of the recently published edition of Resistor Market Report 2025.
According to Cognitive Market Research, the global resistor market size is USD 10581.2 million in 2024 and will expand at a compound annual growth rate (CAGR) of 3.00% from 2024 to 2031.
2021 | 2025 | 2033 | CAGR | |
---|---|---|---|---|
Global Resistor Market Sales Revenue | 121212 | 121212 | 121212 | 3% |
North America Resistor Market Sales Revenue | 121212 | 121212 | 121212 | 1.2% |
Europe Resistor Market Sales Revenue | 121212 | 121212 | 121212 | 1.5% |
Asia Pacific Resistor Market Sales Revenue | 121212 | 121212 | 121212 | 5% |
South America Resistor Market Sales Revenue | 121212 | 121212 | 121212 | 2.4% |
Middle East Resistor Market Sales Revenue | 121212 | 121212 | 121212 | 2.7% |
Base Year | 2024 |
Historical Data Time Period | 2021-2024 |
Forecast Period | 2025-2033 |
Market Split by Type |
|
Market Split by End-user Industry |
|
List of Competitors |
|
Regional Analysis |
|
Country Analysis |
|
Market Drivers:
| |
Market Restrains:
|
Report scope is customizable as we have a huge database of Resistor industry. We can deliver an exclusive report Edition/Consultation as per your data requirements. Request for your Free Sample Pages.
Resistor Market is Segmented as below. Particular segment of your interest can be provided without any additional cost. Download the Sample Pages!
The worldwide market for resistors, which are passive electrical parts that regulate current flow in electronic circuits, is known as the resistor market. Many different electronic equipment, such as computers, televisions, cellphones, and cars, employ resistors. The rising demand for electronic devices is predicted to fuel the resistor market's steady growth in the next years. The following are a few elements that are anticipated to support the resistor market's expansion: the expansion of consumer electronics demand. the growing uptake of IoT (Internet of Things). the creation of novel and cutting-edge technologies, such as driverless cars and artificial intelligence. There are many well-established firms in the mature resistor market. But, as more firms from China and other developing nations enter the market, the competition in it is also growing.
Another significant driver shaping the resistor market is the automotive industry. The automotive sector mostly drives the market for resistors. From GPS navigation and entertainment systems to advanced driver-assistance systems (ADAS) and electric vehicles (EVs), modern cars are jam-packed with gadgets. These electronic systems need a large variety of resistors to regulate voltage levels, current flow, and signal transmission. Thick film chip resistors are one of two primary types of resistors used in the automotive sector. These are the most typical resistor types found in automobiles. They are reasonably priced, dependable, and compact. Because these resistors are even lighter and smaller than thick film chip resistors, the automotive industry is starting to employ them more and more. Because of this, they are perfect for usage in spaces-constrained applications like printed circuit boards.
One key driver in the resistor market is the proliferation of electronic devices, and the introduction of 5G technology is contributing to an increase in resistor demand. The demand for resistors is rising as a result of the growing use of electronic gadgets and the launch of 5G technology. Electrical components called resistors control or restrict the amount of current that flows through an electronic circuit. They are essential to the efficient and dependable operation of electronics because they control and direct the flow of electric current within them. The demand for resistors is rising as a result of the growing use of electronic gadgets and the launch of 5G technology. Electrical components called resistors control or restrict the amount of current that flows through an electronic circuit. They are essential to the efficient and dependable operation of electronics because they control and direct the flow of electric current within them.
Another key driver in the resistor market is the growing focus on miniaturization. The need for more compact and effective resistors is being driven by the electronics industry's growing trend toward miniaturization. Smaller mechanical, optical, and electronic devices and goods are being produced in line with this trend. Improved usefulness, portability, and convenience are some of the driving forces behind it. The number of transistors on an integrated circuit chip doubles every two years due to the exponential scaling and downsizing of silicon MOSFETs (MOS transistors), a phenomenon known as Moore's law. The shrinking trend is further aided by the growing use of Internet of Things (IoT) devices. Because chip resistors are compact and simple to incorporate into electronic devices, they are a good fit for this trend. Furthermore, 5G technology, which promises improved connectivity and quicker data speeds, calls for sophisticated and effective electronic components. As fundamental components of circuitry, resistors play a critical role in sustaining the intricate signal processing needed for flawless communication in 5G networks. The market for resistors is expanding as a result of the growing need for resistors designed to satisfy these technological needs, which include increased data transfer rates and greater network capabilities.
One key restraint in the resistor market is price pressure, and commoditization are two major obstacles impeding the resistor market's expansion. Basic resistor types have become so commonplace that manufacturers are forced to compete fiercely on price because people see these parts as interchangeable and standardized. Because of the intense competition, profit margins are under a lot of pressure, which reduces the amount of money that can be allocated to R&D projects. Furthermore, because resistors are seen as commodities, manufacturers find it difficult to differentiate their products, which makes it difficult for them to create USPs. In commoditized marketplaces, the emphasis on cost-cutting strategies may jeopardize the quality and inventiveness of products. This dynamic has an adverse effect on market growth overall by discouraging investment in cutting-edge technology or the creation of specialized resistors. Resistor producers must strategically position themselves to navigate the problems of commoditization and price pressures by focusing on value-added features, diversifying their product portfolios, and innovating to overcome these limits.
Investing in research and development to create new materials and technologies that improve resistor performance. By adopting new materials and technologies, resistor companies can improve product quality, reduce costs, and enhance customer satisfaction. The development of new materials and technologies can also enable resistor companies to expand into new applications and markets, such as renewable energy, electric vehicles, and advanced medical devices. By leveraging advancements in materials science, companies can create resistors that meet the specific needs of these emerging markets, which can drive growth and innovation. As the demand for high-performance resistors continues to grow, the development of new materials and technologies can provide a significant opportunity for resistor companies to innovate and adapt.
The Resistor Market experienced both challenges and opportunities due to the impact of COVID-19. On the one hand, the COVID-19 pandemic was proclaimed in 2019, and its effects were felt not only by the worldwide chip resistor business but also by a number of other industries. The COVID-19 epidemic has hindered the growth of the market in recent years by slowing down the expansion of important chip resistor-using industries like automotive and industrial electronic equipment. Lockdown restrictions imposed in numerous nations have limited the manufacturing of chip resistors, and numerous production sites have either closed entirely or partially. Moreover, the manufacturing of chip resistors has been hampered by the export ban and raw material constraints. Due to obstacles in day-to-day operations, there has been a noticeable decline in demand from end-use industries such as consumer electronics, industrial, automotive & transportation, IT & telecommunication, and others. After the lockdown is removed, regular operations are planned to start at full capacity, and demand is predicted to increase gradually from there.
We have various report editions of Resistor Market, hence please contact our sales team and author directly to obtain/purchase a desired Edition eg, Global Edition, Regional Edition, Country Specific Report Edition, Company Profiles, Forecast Edition, etc. Request for your Free Sample PDF/Online Access.
In 2025, global trade has entered a period of renewed volatility as the U.S., under President Donald Trump, introduced sweeping tariffs known as the Liberation Day Tariffs. Aimed at addressing trade imbalances and foreign supply chain dominance, the tariffs range from 10% on allies like Australia and the UK to 46% on Vietnamese goods and 34% on Chinese imports. A 25% universal tariff on steel, aluminum, and auto parts has further strained global trade ties. The electronics sector is among the hardest hit, particularly due to the escalating U.S.China trade war. Tariffs on Chinese goods now reach up to 145% in sectors like semiconductors and consumer electronics, while China has retaliated with up to 125% duties and restrictions on critical mineral exports. This has disrupted just-in-time supply chains and increased component costs.
Specific tariffs include 25% on semiconductors, 20% on lithium-ion batteries, and 10–15% on consumer electronics like laptops and tablets, leading to higher retail prices and reduced consumer demand. Sub-sectors such as home automation, computer hardware, communication electronics, medical devices, and industrial electronics are all under pressure due to rising input costs and supply chain delays. Companies are revisiting suppliers, shifting sourcing to countries like India, Mexico, and Vietnam, and redesigning products to avoid high-tariff components.
China remains a key player, contributing USD 119 billion in electronics exports to the U.S. in 2023. Even components routed through countries like Malaysia and Vietnam often rely on Chinese subparts, making the ripple effect of tariffs widespread. U.S. electronics firms operating on thin margins are seeing input costs rise 18–25%, with contract manufacturers in alternative regions facing capacity constraints.
Market research is now critical. It helps companies identify new suppliers, analyze cost trends, optimize product design, forecast demand shifts, and track regulatory changes. Tools like supplier mapping, BOM optimization, and scenario planning support strategic responses to ongoing disruptions. Leading firms like Apple and Dell are expanding production outside China, while others invest in digital supply chain tools and redesign products for cost resilience. In this evolving trade environment, firms that leverage research-driven strategies are better positioned to adapt and thrive.
The competitive landscape of the resistor market is characterized by a diverse range of players competing to gain market share through product innovation, strategic partnerships, and aggressive marketing efforts. Key players in the market include established electronics manufacturers, specialized projector companies, and emerging start-ups aiming to disrupt the market with innovative solutions.
(Source: https://www.vishay.com/en/company/press/releases/2023/2023-RCS0805e3/)
Top Companies Market Share in Resistor Industry: (In no particular order of Rank)
If any Company(ies) of your interest has/have not been disclosed in the above list then please let us know the same so that we will check the data availability in our database and provide you the confirmation or include it in the final deliverables.
According to Cognitive Market Research, North America dominated the market in 2024 and accounted for around 40% of the global revenue. North America emerges as the dominant region in the Resistor Market Because the United States of America serves as a center for technical research and development. Because of this emphasis on innovation, there will always be a need for new and improved resistor types to satisfy the changing demands of the market. Its position is further strengthened by the fact that North America is home to some of the top resistor manufacturers. These businesses support the global market in addition to meeting local needs.
Asia-Pacific stands out as the fastest-growing region in the resistor market due to several compelling reasons. Due to this, the market for electronic devices all of which require resistors—is expanding. People in the area are spending more money on gadgets like computers, TVs, and smartphones, all of which need resistors, as their economies grow. A few of the governments in the area, like China's, are supporting the growth of their native electronics sectors through legislation..
The current report Scope analyzes Resistor Market on 5 major region Split (In case you wish to acquire a specific region edition (more granular data) or any country Edition data then please write us on info@cognitivemarketresearch.com
The above graph is for illustrative purposes only.
To learn more about geographical trends request the free sample pages.
Get Free Sample
According to Cognitive Market Research, the global Resistor Market size was estimated at USD 10581.2 Million, out of which North America held the major market of more than 40% of the global revenue with a market size of USD 4232.48 million in 2024 and will grow at a compound annual growth rate (CAGR) of 1.2% from 2024 to 2031.
According to Cognitive Market Research, the global Resistor Market size was estimated at USD 10581.2 Million, out of which Europe held the market of more than 30% of the global revenue with a market size of USD 3174.36 million in 2024 and will grow at a compound annual growth rate (CAGR) of 1.5% from 2024 to 2031.
According to Cognitive Market Research, the global Resistor Market size was estimated at USD 10581.2 Million, out of which Asia Pacific held the market of around 23% of the global revenue with a market size of USD 2433.68 million in 2024 and will grow at a compound annual growth rate (CAGR) of 5.0% from 2024 to 2031.
According to Cognitive Market Research, the global Resistor Market size was estimated at USD 10581.2 Million, out of which Latin America market of more than 5% of the global revenue with a market size of USD 529.06 million in 2024 and will grow at a compound annual growth rate (CAGR) of 2.4% from 2024 to 2031.
According to Cognitive Market Research, the global Resistor Market size was estimated at USD 10581.2 Million, out of which the Middle East and Africa held the major market of around 2% of the global revenue with a market size of USD 211.62 million in 2024 and will grow at a compound annual growth rate (CAGR) of 2.7%from 2024 to 2031.
Global Resistor Market Report 2025 Edition talks about crucial market insights with the help of segments and sub-segments analysis. In this section, we reveal an in-depth analysis of the key factors influencing Resistor Industry growth. Resistor market has been segmented with the help of its Type, End-user Industry , and others. Resistor market analysis helps to understand key industry segments, and their global, regional, and country-level insights. Furthermore, this analysis also provides information pertaining to segments that are going to be most lucrative in the near future and their expected growth rate and future market opportunities. The report also provides detailed insights into factors responsible for the positive or negative growth of each industry segment.
According to Cognitive Market Research, carbon resistor stands out as the dominating category. The first kind of resistors are carbon ones, which are still in high demand today because of their affordability, ease of usage, and compact size. They are created by combining a binder with carbon particles and shaping the mixture into a rod shape. The amount of carbon in the mixture determines the resistance value of a carbon resistor. The continued popularity of carbon resistors can be attributed to a few factors. One of the least expensive resistor types to produce is the carbon resistor. The cost-effectiveness of carbon resistors stems from their comparatively simple manufacturing process. Because carbon resistors can be produced in extremely small sizes, they are perfect for use in electronic circuits with limited space..
Surface-mounded Chips emerge as the fastest-growing category in the Resistor. The resistor market is increasing at the quickest rate in the surface-mounted technology (SMT) resistor category. There are several reasons for this, one of them being that SMT resistors are lighter and more compact than conventional through-hole resistors, making them perfect for usage in ever-tinier electronic devices like laptops and smartphones. Automated pick-and-place devices, which can greatly expedite the assembly process, are compatible with SMT resistors. Better performance: SMT resistors can outperform through-hole resistors in terms of performance and inductance.
The above Chart is for representative purposes and does not depict actual sale statistics. Access/Request the quantitative data to understand the trends and dominating segment of Resistor Industry. Request a Free Sample PDF!
According to Cognitive Market Research, the dominating category is consumer electronics and computing. Resistors are in high demand due to the continuous innovation and broad use of consumer electronics such as wearables, computers, tablets, smartphones, and smart home appliances. Power management, signal processing, and display driving are just a few of the many tasks that depend on resistors in these devices. The trend toward smaller and sleeker electronics requires tiny surface-mount chip resistors on printed circuit boards (PCBs). Even while not all publications clearly distinguish between the combined "consumer electronics and computing" group, consumer electronics still account for a sizeable share of the market.
The fastest-growing category in the resistor market is aerospace and defense. In electronic systems found in airplanes, satellites, and military hardware, resistors are essential for regulating current and voltage. These applications require a high degree of durability, accuracy, and dependability. This means that certain resistors that can tolerate challenging conditions and perform properly are required. The category is seeing growth due to factors such as the increasing prevalence of unmanned aerial vehicles (UAVs), the requirement for lightweight electronics with high performance, and the ongoing improvements in aerospace technology.
The above Graph is for representation purposes only. This chart does not depict actual Market share.
To learn more about market share request the free sample pages.
Get Free Sample
Senior Research Analyst at Cognitive Market Research
ResearchGate Profile: https://www.researchgate.net/profile/Kalyani-Raje
An optimistic Senior Research Analyst with years of experience in competitive assessment and business consulting. A seasoned professional and subject-matter expert (SME) in the Automobile and transportation vertical.
With a work experience of over 10+ years in the market research and strategy development. I have worked with diverse industries, including FMCG, IT, Telecom, Automotive, Electronics and many others. I also work closely with other departments such as sales, product development, and marketing to understand customer needs and preferences, and develop strategies to meet those needs.
I am committed to staying ahead in the rapidly evolving field of research and analysis. This involves regularly attending conferences, participating in webinars, and pursuing additional certifications to enhance my skill set. I played a crucial role in conducting market research and competitive analysis. I have a proven track record of distilling complex datasets into clear, concise reports that have guided key business initiatives. Collaborating closely with multidisciplinary teams, I contributed to the development of innovative solutions grounded in thorough research and analysis.
Please note, we have not disclose, all the sources consulted/referred during a market study due to confidentiality and paid service concern. However, rest assured that upon purchasing the service or paid report version, we will release the comprehensive list of sources along with the complete report and we also provide the data support where you can intract with the team of analysts who worked on the report.
Disclaimer:
Type | Surface-mounted Chips, Network, Wirewound, Film/Oxide/Foil, Carbon |
End-user Industry | Automotive, Aerospace and Defense, Communications, Consumer Electronics and Computing, Other End-user Industries (Medical, Industrial, Energy and Power) |
List of Competitors | Yageo Corporation, Vishay Intertechnology, Murata Manufacturing, Panasonic Corporation, Samsung Electro-Mechanics, Rohm Co., Ltd., TE Connectivity, KOA Corporation, Bourns, Inc., Ohmite Manufacturing Company, Caddock Electronics, Inc., Viking Tech Corporation, Ralec Electronic Corp., Stackpole Electronics, Inc., Walsin Technology Corporation |
This chapter will help you gain GLOBAL Market Analysis of Resistor. Further deep in this chapter, you will be able to review Global Resistor Market Split by various segments and Geographical Split.
Chapter 1 Global Market Analysis
Global Market has been segmented on the basis 5 major regions such as North America, Europe, Asia-Pacific, Middle East & Africa, and Latin America.
You can purchase only the Executive Summary of Global Market (2019 vs 2024 vs 2031)
Global Market Dynamics, Trends, Drivers, Restraints, Opportunities, Only Pointers will be deliverable
This chapter will help you gain North America Market Analysis of Resistor. Further deep in this chapter, you will be able to review North America Resistor Market Split by various segments and Country Split.
Chapter 2 North America Market Analysis
This chapter will help you gain Europe Market Analysis of Resistor. Further deep in this chapter, you will be able to review Europe Resistor Market Split by various segments and Country Split.
Chapter 3 Europe Market Analysis
This chapter will help you gain Asia Pacific Market Analysis of Resistor. Further deep in this chapter, you will be able to review Asia Pacific Resistor Market Split by various segments and Country Split.
Chapter 4 Asia Pacific Market Analysis
This chapter will help you gain South America Market Analysis of Resistor. Further deep in this chapter, you will be able to review South America Resistor Market Split by various segments and Country Split.
Chapter 5 South America Market Analysis
This chapter will help you gain Middle East Market Analysis of Resistor. Further deep in this chapter, you will be able to review Middle East Resistor Market Split by various segments and Country Split.
Chapter 6 Middle East Market Analysis
This chapter will help you gain Middle East Market Analysis of Resistor. Further deep in this chapter, you will be able to review Middle East Resistor Market Split by various segments and Country Split.
Chapter 7 Africa Market Analysis
This chapter provides an in-depth analysis of the market share among key competitors of Resistor. The analysis highlights each competitor's position in the market, growth trends, and financial performance, offering insights into competitive dynamics, and emerging players.
Chapter 8 Competitor Analysis (Subject to Data Availability (Private Players))
(Subject to Data Availability (Private Players))
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
This chapter would comprehensively cover market drivers, trends, restraints, opportunities, and various in-depth analyses like industrial chain, PESTEL, Porter’s Five Forces, and ESG, among others. It would also include product life cycle, technological advancements, and patent insights.
Chapter 9 Qualitative Analysis (Subject to Data Availability)
Segmentation Type Analysis 2019 -2031, will provide market size split by Type. This Information is provided at Global Level, Regional Level and Top Countries Level The report with the segmentation perspective mentioned under this chapters will be delivered to you On Demand. So please let us know if you would like to receive this additional data as well. No additional cost will be applicable for the same.
Chapter 10 Market Split by Type Analysis 2021 - 2033
The report with the segmentation perspective mentioned under this chapters will be delivered to you On Demand. So please let us know if you would like to receive this additional data as well. No additional cost will be applicable for the same.
Chapter 11 Market Split by End-user Industry Analysis 2021 - 2033
This chapter helps you understand the Key Takeaways and Analyst Point of View of the global Resistor market
Chapter 12 Research Findings
Here the analyst will summarize the content of entire report and will share his view point on the current industry scenario and how the market is expected to perform in the near future. The points shared by the analyst are based on his/her detailed in-depth understanding of the market during the course of this report study. You will be provided exclusive rights to interact with the concerned analyst for unlimited time pre purchase as well as post purchase of the report.
Chapter 13 Research Methodology and Sources
Why Surface-mounted Chips have a significant impact on Resistor market? |
What are the key factors affecting the Surface-mounted Chips and Network of Resistor Market? |
What is the CAGR/Growth Rate of Automotive during the forecast period? |
By type, which segment accounted for largest share of the global Resistor Market? |
Which region is expected to dominate the global Resistor Market within the forecast period? |
Segmentation Level Customization |
|
Global level Data Customization |
|
Region level Data Customization |
|
Country level Data Customization |
|
Company Level |
|
Additional Data Analysis |
|
Additional Qualitative Data |
|
Additional Quantitative Data |
|
Service Level Customization |
|
Report Format Alteration |
|