The Market Reports

Synopsis

The global market for SMD Thick Film Resistors was estimated to be worth US$ 1764 million in 2024 and is forecast to a readjusted size of US$ 2713 million by 2031 with a CAGR of 6.3% during the forecast period 2025-2031.

Surface Mount Device (SMD) thick film resistors are electronic components used in circuitry to control the flow of electric current. These resistors are made using a thick film deposition process, where a resistive paste is printed onto a ceramic substrate and then baked to form the resistive element. SMD thick film resistors are designed for surface mounting onto printed circuit boards (PCBs), offering advantages like space efficiency, ease of automated assembly, and good stability under various operating conditions. They come in various sizes and power ratings, catering to different application needs. The "thick film" aspect refers to the thicker layer of resistive material compared to thin film resistors, providing different electrical and thermal properties.

The industry has a relatively high market concentration rate. Of the major players of SMD thick film resistors, Yageo maintained its first place in the ranking in 2024. Yageo accounted for 21.44% of the global SMD thick film resistors revenue market share.

Other players accounted for 13.56%, 11.90% including KOA and Walsin Technology. Other key players in this market include Vishay, Fenghua Advanced Technology, Ta-I Technology, Panasonic, Samsung Electro-Mechanics, Rohm, UniOhm, Ralec Electronics, Taiyosha Electric, Tateyama Kagaku Industry and Ever Ohms among others.

Geography-wise, Asia Pacific is likely to exhibit the leading growth rate amongst all key regional markets for SMD thick film resistors. China, Japan, Korea, Southeast Asia and India are the key consumption countries in the SMD thick film resistors in APAC. Asia Pacific is the largest consumption region of SMD thick film resistors, especially in China, occupied 43.53% of the global market share. The second place is North America; following Asia Pacific with the consumption market share over 18.21%.

This report aims to provide a comprehensive presentation of the global market for SMD Thick Film Resistors, focusing on the total sales volume, sales revenue, price, key companies market share and ranking, together with an analysis of SMD Thick Film Resistors by region & country, by Type, and by Application.

The SMD Thick Film Resistors market size, estimations, and forecasts are provided in terms of sales volume (Million Units) and sales revenue ($ millions), considering 2024 as the base year, with history and forecast data for the period from 2020 to 2031.

With both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding SMD Thick Film Resistors.

Market Segmentation

By Company

• Yageo
• KOA
• Walsin Technology
• Vishay
• Fenghua Advanced Technology
• Ta-I Technology
• Panasonic
• Samsung Electro-Mechanics
• Rohm
• UniOhm
• Ralec Electronics
• Taiyosha Electric
• Tateyama Kagaku Industry
• Ever Ohms Technology
• Anhui VICO Technology

Segment by Type

• 1% Tolerance
• 5% Tolerance
• 0.5% Tolerance
• 0.1% Tolerance
• 2% Tolerance
• Others

Segment by Application

• Consumer Electronics
• Telecommunications
• Automotive
• Energy
• Industrial
• Medical
• Others

Segment by Region

• North America: United States, Canada, and Mexico
• Europe: United Kingdom, Germany, France, Spain, Italy, and Rest of Europe
• Asia Pacific: China, India, Japan, Australia, South Korea, and Rest of Asia Pacific
• Middle East & Africa: Saudi Arabia, South Africa, and Rest of MEA
• Latin America: Brazil, Argentina, and Rest of Latin America

*If you need a regional or country-specific version, or customized segmentation, we can tailor the report to your requirements.