Report
Description
A recent market intelligence report that is published by Data
Insights Partner on Automotive Thick Film Resistor Market makes an offering of in-depth analysis of segments and
sub-segments in the regional and international Automotive
Thick Film Resistor Market. The research
also emphasizes on the impact of restraints, drivers, and macro indicators on
the regional and world Automotive Thick Film Resistor Market over the short as well as long period of time. A detailed
presentation of forecast, trends, and dollar values of international Automotive
Thick Film Resistor Market is offered. In accordance
with the report, the Automotive Thick Film Resistor Market is projected to expand at a CAGR of 5.7% over the period of forecast.
Market
Insight, Drivers, Restraints & Opportunity of the Market:
Global Automotive Thick Film Resistor Market has seen
significant rise in demand in the automobile sector. The rise in application of
electronics in the manufacturing of automobiles for greater control with accuracy
which has been giving the riders a new experience. Introduction of self-driven
cars and hybrid as well as electric cars are giving even more scope of the
application of such resistors in the automobile sector. As the thick film
resistors are the most widely used type of resistors which are easy to
manoeuvre and manufacture on the upstream advantages and are easy to fabricate
and integrate in the circuits with compact size has been instrumental in rising
application in automotive sector.
The automobile sector has witnessed tremendous growth
especially in the countries like China and India where the large road projects
has increased the mobility of people as well as goods and hence the consumption
of public as well as commercial vehicle has swelled. China has added more roads
in a decade as compared to US in 50 years. Rise of middle class has also added
to the demand of passenger vehicles in these countries.
In terms of
technology and cost effectiveness, low cost and the additive property of
Automotive Thick Film Resistors has been the key and economies of scale has
resulted in commoditizing such electronics components. The market gets surplus
opportunities to grow as the Automotive companies are paying more attention
towards the research and development of making the vehicles smarter. These
Thick film resistors lack in accurate precision due to its wide range of
operation which is the only restraint for the Automotive Thick Film Resistors
market.
Most of the
manufacturing hubs has been in China and South East Asian countries whereas the
consumption has been in the countries which forms the major automobile
production centres. US has been the leading country in terms of R&D and
adoption of new technology and hence has been one of the leading consume of
these resistors. Due to lower labour cost many MNC has shifted there
manufacturing hubs towards developing countries like India, Mexico. However,
the leaders has been Japan, US and EU based companies.
Geographically, Automotive
Thick Film Resistor Market is segmented
into North America, Europe, Asia Pacific, Middle East & Africa and Latin
America. The Asia Pacific market is anticipated to be the major contributor in
the global Automotive Thick Film Resistor market by 2027. Automotive Thick Film Resistor market in the Asia Pacific is estimated to
grow at highest CAGR during forecast period. Asia Pacific has got the strongest
demand.
Segment
Covered:
This market intelligence report on the Automotive Thick
Film Resistor market has been segmented by the product type, (Surface Mounted
Device (SMD) Type and Through Hole Type) & Application (Cars, Suv, Pick Up
Vehicles, Commercial Vehicles). Surface Mounted Device type or simply SMD type
holds the major market share as they are readily available to be used on the
PCBs used in the electronic parts of the Automobiles and consumer electronics.
Profiling
of Market Players:
This business intelligence report offers profiling of reputed
companies that are operating in the market. Companies such as Yageo, Ta-I
Technology, KOA,
Vishay, Bourns, Flex, Ralec Electronics Corp, Walsin Technology Corporation,
Fenghua Technology Corporation, Samsung Electro, Mechanics, Uniroyal
Electronics, Rohm, Tateyama Kagaku Industry, Elektronische Bauelemente GmbH
(EBG), Ever Ohms Technology Co.ltd. The Industry is
characterized many players in different geographies catering the local demand
as well as looking into exports market. Major multinational with wide
geographic operations are Samsung and Panasonic Ltd.
Report
Highlights:
In-depth analysis of the micro and macro indicators,
market trends, and forecasts of demand is offered by this business intelligence
report. Furthermore, the report offers a vivid picture of the factors that are steering
and restraining the growth of this market across all geographical segments. Various
analytical tools such as DRO analysis, Porter's five forces analysis has been
used in this report to present a clear picture of the market. The study focuses
on the present market trends and provides market forecast from the year 2017-2027.
Emerging trends that would shape the market demand in the years to come have
been highlighted in this report. A competitive analysis in each of the
geographical segments gives an insight into market share of the global players.
Salient
Features:
Ø This study offers comprehensive yet detailed analysis of
the Automotive Thick Film Resistor Market, size of the market (US$ Mn), and Compound Annual Growth
Rate (CAGR (%)) for the period of forecast: 2019 – 2027, taking into account 2017
as the base year
Ø It explains upcoming revenue opportunities across various
market segments and attractive matrix of investment proposition for the said
market
Ø This market intelligence report also offers pivotal insights
about various market opportunities, restraints, drivers, launch of new products,
competitive market strategies of leading market players, emerging market
trends, and regional outlook
Ø Profiling of key market players in the world Automotive
Thick Film Resistor Market is done by
taking into account various parameters such as company strategies, distribution
strategies, product portfolio, financial performance, key developments,
geographical presence, and company overview
Ø Leading market players covered this report comprise names
such as Texas Instruments, ABB Limited, Honeywell
International, Analog Devices, Maxim Integrated, NXP Semiconductors, On Semiconductor, Microchip Technology, TE Connectivity Ltd., Denso Corporation among others
Ø The data of this report would allow management
authorities and marketers of companies alike to take informed decision when it
comes to launch of products, government initiatives, marketing tactics and
expansion, and technical up gradation
Ø The world market for Automotive
Thick Film Resistor Market caters to the
needs of various stakeholders pertaining to this industry, namely suppliers,
product manufacturers, investors, and distributors for Automotive
Thick Film Resistor Market. The research
also caters to the rising needs of consulting and research firms, financial
analysts, and new market entrants
Ø Research methodologies that have been adopted for the
purpose of this study have been clearly elaborated so as to facilitate better
understanding of the reports
Ø Reports have been made based on the guidelines as mandated
by General Data Protection Regulation
Ø Ample number of examples and case studies have been taken
into consideration before coming to a conclusion
Reasons
to buy:
v Identify opportunities and plan strategies by having a
strong understanding of the investment opportunities in the Automotive
Thick Film Resistor Market
v
Identification
of key factors driving investment opportunities in the Automotive
Thick Film Resistor Market Facilitate
decision-making based on strong historic and forecast data
v
Position yourself
to gain the maximum advantage of the industry’s growth potential
v
Develop
strategies based on the latest regulatory events
v
Identify key
partners and business development avenues
v
Respond to
your competitors’ business structure, strategy and prospects
v
Identify key
strengths and weaknesses of important market participants