Chip Resistors Market

By Type;

Thick Chip Resistor, Thin Chip Resistor, Current-Sensing Resistor, General Purpose Chip Resistors and Others

By Application;

Consumer Electronics, Industrial, Automotive & Transportation, Medical, Telecommunication, Aerospace & Defense and Others

By Shape;

Square and Rectangular

By Geography;

North America, Europe, Asia Pacific, Middle East & Africa and Latin America - Report Timeline (2021 - 2031)
Report ID: Rn841704662 Published Date: September, 2025 Updated Date: October, 2025

Chip Resistors Market Overview

Chip Resistor Market (USD Million)

Chip Resistor Market was valued at USD 1,401.46 million in the year 2024. The size of this market is expected to increase to USD 2,079.61 million by the year 2031, while growing at a Compounded Annual Growth Rate (CAGR) of 5.8%.


Chip Resistors Market

*Market size in USD million

CAGR 5.8 %


Study Period2025 - 2031
Base Year2024
CAGR (%)5.8 %
Market Size (2024)USD 1,401.46 Million
Market Size (2031)USD 2,079.61 Million
Market ConcentrationMedium
Report Pages384
1,401.46
2024
2,079.61
2031

Major Players

  • Rohm Semiconductors
  • Yageo Corporation
  • AVX Corporation
  • Samsung Electro-Mechanics
  • Vishay Intertechnology, Inc.
  • Panasonic Corporation
  • TE Connectivity Ltd.

Market Concentration

Consolidated - Market dominated by 1 - 5 major players

Chip Resistors Market

Fragmented - Highly competitive market without dominant players


The Chip Resistors Market is experiencing steady growth as these components form the foundation of electronic circuit design. Over 60% of compact electronic products utilize chip resistors to ensure accuracy and durability, making them vital for consumer electronics, industrial devices, and communication systems.

Rising Demand from Consumer Devices
The surge in smartphones, tablets, and wearable devices has strengthened demand, with almost 54% of chip resistors used in consumer electronics. Their precision in current regulation and contribution to consistent device functionality highlight their critical role in boosting product performance.

Adoption in Automotive Applications
Automotive innovation continues to drive usage, with approximately 47% of new vehicles integrating chip resistors in safety technologies, infotainment platforms, and advanced power management systems. Their ability to perform under high heat and vibration makes them essential to next-generation vehicles.

Growth in High-Frequency and IoT Applications
Emerging technologies such as IoT and 5G networks are expanding the scope of chip resistor adoption. More than 41% of deployment is linked to high-frequency circuits, sensors, and wireless solutions, showcasing their importance in enabling seamless communication and energy-efficient operations.

Focus on Miniaturization and Energy Efficiency
Design innovations emphasize compact and sustainable solutions, with close to 45% of newly developed chip resistors targeting lower power consumption and higher efficiency. This reflects the industry’s commitment to miniaturization, energy optimization, and long-term reliability in electronic systems.

  1. Introduction
    1. Research Objectives and Assumptions
    2. Research Methodology
    3. Abbreviations
  2. Market Definition & Study Scope
  3. Executive Summary
    1. Market Snapshot, By Type
    2. Market Snapshot, By Application
    3. Market Snapshot, By Shape
    4. Market Snapshot, By Region
  4. Chip Resistor Market Dynamics
    1. Drivers, Restraints and Opportunities
      1. Drivers
        1. Surge in mobile devices usage
        2. Demand for high-speed data networks
        3. Expansion of renewable energy projects
        4. Rise in electronic component integration
      2. Restraints
        1. Security and privacy issues
        2. Patent disputes
        3. Challenges in product standardization
      3. Opportunities
        1. Growing demand for wearable devices
        2. Expansion of smart cities initiatives
        3. Customization in electronic components
        4. Adoption of electric vehicles
    2. PEST Analysis
      1. Political Analysis
      2. Economic Analysis
      3. Social Analysis
      4. Technological Analysis
    3. Porter's Analysis
      1. Bargaining Power of Suppliers
      2. Bargaining Power of Buyers
      3. Threat of Substitutes
      4. Threat of New Entrants
      5. Competitive Rivalry
  5. Market Segmentation
    1. Chip Resistors Market, By Type, 2021 - 2031 (USD Million)
      1. Thick Chip Resistor
      2. Thin Chip Resistor
      3. Current-Sensing Resistor
      4. General Purpose Chip Resistors
      5. Others
    2. Chip Resistors Market, By Application, 2021 - 2031 (USD Million)
      1. Consumer Electronics
      2. Industrial
      3. Automotive & Transportation
      4. Medical
      5. Telecommunication
      6. Aerospace & Defense
      7. Others
    3. Chip Resistors Market, By Shape, 2021 - 2031 (USD Million)
      1. Square
      2. Rectangular
    4. Chip Resistor Market, By Geography, 2021 - 2031 (USD Million)
      1. North America
        1. United States
        2. Canada
      2. Europe
        1. Germany
        2. United Kingdom
        3. France
        4. Italy
        5. Spain
        6. Nordic
        7. Benelux
        8. Rest of Europe
      3. Asia Pacific
        1. Japan
        2. China
        3. India
        4. Australia & New Zealand
        5. South Korea
        6. ASEAN (Association of South East Asian Countries)
        7. Rest of Asia Pacific
      4. Middle East & Africa
        1. GCC
        2. Israel
        3. South Africa
        4. Rest of Middle East & Africa
      5. Latin America
        1. Brazil
        2. Mexico
        3. Argentina
        4. Rest of Latin America
  6. Competitive Landscape Analysis
    1. Company Profiles
      1. Yageo Corporation
      2. Vishay Intertechnology, Inc.
      3. Murata Manufacturing Co., Ltd.
      4. Samsung Electro-Mechanics
      5. Panasonic Corporation
      6. Rohm Co., Ltd.
      7. TE Connectivity
      8. Bourns, Inc.
      9. CTS Corporation
      10. KOA Corporation
      11. Stackpole Electronics, Inc.
      12. Ohmite Manufacturing Company
      13. Caddock Electronics, Inc.
      14. Walsin Technology Corporation
      15. Ralec Electronic Corp.
  7. Analyst Views
  8. Future Outlook of the Market