Market Share of Chip Resistors Industry
The chip resistors market is moderately consolidated owing to the presence of large vendors like CTS Corporation, Murata Manufacturing Co. Ltd., Panasonic Corporation, etc. in the global market. The key players are involved in various strategies, such as acquisitions and partnerships, to improve their market share and enhance their profitability in the market studied.
In January 2023, Bourns, Inc., a manufacturer and supplier of electronic components, added four new AEC-Q200-compliant product series to its line of high-power thick film resistors. The new Bourns CRM-Q, CRS-Q, CMP-Q, and CHP-Q Series are automotive-grade, with high-rated power and excellent pulse load surge capability. Using a thick film element printed onto a ceramic substrate improves the reliability of the four new resistor series.
In September 2022, TT Electronics introduced the TFHP series of thin films. These high-power chip resistors combine high power and high precision in a single resistor by leveraging an aluminum nitride (AIN) ceramic substrate with approximately six times the conductivity of alumina. This high-power-density component saves PCB area and can improve reliability by limiting the temperature rise in the component hotspot. The TFHP series of thin film high power chip resistors is tailored for precision power supply, power amplifier, and process control applications, which all benefit from this specialty design's increased heat transfer from element to terminal.
Chip Resistors Market Leaders
CTS Corporation
Murata Manufacturing Co. Ltd
Panasonic Corporation
Bourns, Inc
Samsung Electro-Mechanics
*Disclaimer: Major Players sorted in no particular order
