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.
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.
Europe accounted for a share of over 30% of the global market size of USD 3174.36 million.
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.
Latin America's market has more than 5% of the global revenue, with a market size of USD 529.06 million in 2024. It will grow at a compound annual growth rate (CAGR) of 2.4% from 2024 to 2031.
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.
Carbon held the highest resistor market revenue share in 2024.
