Global Thick Film Devices Market Growth, Share, Size, Trends and Forecast (2025 - 2031)

By Type;

Capacitors, Resistors, Photovoltaic Cells, Heaters, and Others

By End-User Industry;

Automotive, Healthcare, Consumer Electronics, Infrastructure, and Others

By Geography;

North America, Europe, Asia Pacific, Middle East & Africa, and Latin America - Report Timeline (2021 - 2031)
Report ID: Rn841821293 Published Date: May, 2025 Updated Date: June, 2025

Thick Film Devices Market Overview

Thick Film Devices Market (USD Million)

Thick Film Devices Market was valued at USD 113,756.78 million in the year 2024. The size of this market is expected to increase to USD 243,725.72 million by the year 2031, while growing at a Compounded Annual Growth Rate (CAGR) of 11.5%.


Global Thick Film Devices Market Growth, Share, Size, Trends and Forecast

*Market size in USD million

CAGR 11.5 %


Study Period2025 - 2031
Base Year2024
CAGR (%)11.5 %
Market Size (2024)USD 113,756.78 Million
Market Size (2031)USD 243,725.72 Million
Market ConcentrationLow
Report Pages378
113,756.78
2024
243,725.72
2031

Major Players

  • Panasonic Corporation
  • Samsung Electronics Co. Ltd
  • Vishay Intertechnology Inc.
  • Rohm Semiconductor GmbH
  • TE Connectivity Ltd
  • KOA Speer Electronics Inc.
  • AVX Corporation
  • Aragonesa de Componentes Pasivos SA
  • Wurth Electronics Inc.

Market Concentration

Consolidated - Market dominated by 1 - 5 major players

Global Thick Film Devices Market

Fragmented - Highly competitive market without dominant players


The Thick Film Devices Market continues to gain strong traction due to rising demand across consumer electronics, automotive systems, and medical technology. These devices are highly favored for their cost-efficiency, thermal stability, and resilience in extreme environments. With increasing use of electronics across industries, the adoption rate for thick film devices has expanded by over 6%, highlighting their importance in enhancing circuit functionality and durability.

Advancements in Technology
Breakthroughs in ceramic substrate engineering and conductive paste formulations have significantly boosted the performance capabilities of thick film devices. There’s been a 9% rise in the utilization of high-precision thick film resistors and hybrid circuit systems. These advancements are creating new opportunities for manufacturers seeking robust solutions without compromising on design compactness.

Adoption Across Industries
A growing number of industrial sectors are integrating thick film technologies to meet performance reliability and miniaturization goals. The market has seen an 11% growth in usage within electric vehicles and automation systems. This expansion is propelled by the ability of thick film devices to function under thermal stress and mechanical strain, thereby proving critical in high-reliability environments.

Innovative Materials and Custom Designs
Recent innovations in glass and ceramic-based substrates have improved the balance between device performance and cost. Customized resistive and capacitive thick film components now account for 7% more demand, driven by the need for application-specific features. Enhanced screen-printing technologies are also contributing to precise layering and scalable production, supporting growth in mass manufacturing scenarios.

Outlook and Market Momentum
The outlook for the thick film devices market is optimistic, with expected demand growth surpassing 8% in response to ongoing advancements in electronics miniaturization and integration. As industries invest more in reliable and versatile component design, thick film devices are poised to remain essential across evolving sectors such as smart grids, IoT, and green energy systems. Their adaptability will continue to drive innovation and adoption in complex electronic environments.

  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 End-User Industry
    3. Market Snapshot, By Region
  4. Thick Film Devices Market Dynamics
    1. Drivers, Restraints and Opportunities
      1. Drivers
        1. Compact, high-performance components
        2. Reliability and durability
        3. Growing automotive and industrial electronic
      2. Restraints
        1. High Production and Material Costs

        2. Complex Manufacturing Processes

        3. Limited Availability of Skilled Workforce

        4. Stringent Environmental Regulations

      3. Opportunities
        1. Emerging applications in automotive and aerospace
        2. Technological innovations in thick film materials
        3. Growth in consumer electronics
    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. Thick Film Devices Market, By Type, 2021 - 2031 (USD Million)
      1. Capacitors
      2. Resistor
      3. Photovoltaic Cells
      4. Heaters
      5. Others
    2. Thick Film Devices Market, By End-User Industry, 2021 - 2031 (USD Million)
      1. Automotive
      2. Healthcare
      3. Consumer Electronics
      4. Infrastructure
      5. Others
    3. Thick Film Devices 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
    1. Company Profiles
      1. Panasonic Corporation
      2. Samsung Electronics Co. Ltd
      3. Vishay Intertechnology Inc.
      4. Rohm Semiconductor GmbH
      5. TE Connectivity Ltd
      6. KOA Speer Electronics Inc.
      7. AVX Corporation
      8. Aragonesa de Componentes Pasivos SA
      9. Wurth Electronics Inc.
  7. Analyst Views
  8. Future Outlook of the Market