The global Thick Film Resistors Market is expected to gain a significant
growth in the forthcoming period owing to augmentation in the demands and
widening up of scope across the globe. Thick film resistors are those
components that are formed by applying a particular kind of paste onto the
substrate. And the paste usually consists of a blend of glass as well as metal
oxides. These thick film resistors are observed in varied devices that are
equipped with an AC plug as well as a battery. It is said that the thick film
resistors are usually opted for those applications where these high necessities
are not serious in nature as the prices in comparison to others are very much
lesser. Their most extensive use is made when there is no prerequisite for high
tolerances, reduced TCR or high stability.
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The most striking features associated with the usage of these
thick film resistors are reduced costs, high power handling power, wider range
of resistance values, and high resistance towards harsh situations. It has been
observed that the manufacturers are taking up various steps to develop these
resistors so that the level of efficiency can be raised.
The factors that are responsible for the robust development in the
Thick Film Resistors market may include industrialization, urbanization, rising
production, increasing benefits and applications, growth of electronics sector,
rising adoption of the product in various electrical handsets, technological
improvements, augmented awareness among the end users, and rise in the
investments by the leading manufacturers.
Thick Film Resistors Market is divided by type as Small Power
Type, High Power Type, Medium Power Type, and others. Thick Film Resistors
Industry is segregated by application as Consumer Electronics, Medical
Electronics, and others. Thick Film Resistors Industry is segmented by
geography as North America, Southeast Asia, Europe, China, Japan, and India.
Geographically, North America is currently leading the Thick Film Resistors
market and it is estimated that the region will go on growing with the same
pace, owing to technological enhancements, rising applications, developing
electronics industry, and rise in the investments by the leading manufacturers.
On the contrary, it has been noticed that the European market is
attaining a significant growth in the industry owing to rise in the market
growth opportunities and wider consumer case. The prominent manufacturers that
are contributing in the development of the Thick Film Resistors Market are
recognized as Vishay, Panasonic, Bourns, Viking Tech, Yingfa Electronics, and
Shenzhen.
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