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World Market for Encapsulated Resistors: English Market Research Report

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In electronic circuits, resistors are used for various purposes, such as reducing current flow and adjusting signal levels. These resistors are designed to meet the requirements of mechanical shock and vibration. The increase in the expansion of growth applications for resistors in the robotics industry and electronic gadget circuits, as well as the strategic initiatives of key market players, are important factors accelerating market growth.

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[English Market Research Report] Chip Resistor Market

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The global market size for chip resistors reached 1.127 billion USD in 2022. Going forward, the IMARC Group predicts a growth rate of 5.7% (CAGR) between 2023 and 2028, reaching 1.626 billion USD by 2028. Chip resistors, also known as surface mount resistors, refer to integrated circuit (IC) devices designed to oppose the flow of current. Chip resistors are typically manufactured by bundling small rectangular or square chips made of metal film or metal oxide and covering them with multiple layers of a thin protective film. Currently, chip resistors are widely sold in two types: fixed resistors and variable resistors. Due to their excellent stability, heat resistance, and heat dissipation, chip resistors are primarily used to operate, protect, and control circuits in electronic devices. As a result, chip resistors are used in a wide range of applications across many industries, including consumer electronics, automotive, transportation, healthcare, information technology (IT), and telecommunications.

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[English Market Research Report] Electric Resistor Market

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The global market size for electric resistors reached 5.7 billion USD in 2022. Going forward, the IMARC Group forecasts a growth rate of 5.8% (CAGR) from 2023 to 2028, expecting it to reach 8.2 billion USD by 2028. Key factors driving the market include the increasing demand for power generation and distribution, active construction activities, and the proliferation of electric vehicles (EVs).

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[English Market Research Report] Global Market for Thin Film Chip Resistors

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The global market for thin-film chip resistors was valued at approximately 665.23 million USD in 2022 and is expected to grow at a healthy growth rate of over 5.4% during the forecast period from 2023 to 2030. Metal chip resistors or thin-film chip resistors are integrated circuit (IC) components mounted on the surface that provide known resistance to the current passing through them. They are very small surface-mounted electronic components housed in rectangular or square chip packages. They are used for managing, protecting, and controlling circuits. Thin-film chip resistors come with fixed resistance values and adjustable variable chip resistance values within a specific range. Since concerns about energy use and pollution from non-electric vehicles have increased, the popularity of electric vehicles has risen, driving the expansion of regional markets.

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