Film Resistor Market Key Players, Trends, Growth Opportunities
and Industry Forecast till 2023
“Growth in consumer electronics and automotive market is
expected to boost the market growth during the forecast
period. Rise in use of computers, smartphones, digital
media and IT hardware is supplementing the market
growth.”
The global film resistor market is set to grow at a higher CAGR during the forecast period. A film resistor consists
of a metal film, metal oxide, and carbon film. These are made by placing pure metals such as nickel, oxide film,
and tin-oxide with an insulating ceramic rod or a substrate. The resistive value of the resistor is then controlled
by the rise in thickness of deposited film.
Commercially, metal film resistors and thick film resistors are widely used for industrial purpose. Film resistors
have a good temperature stability, low noise and good voltage ratings. Film resistor market is driven by rise in
investment by manufacturers for research and development to augment the efficiency of film resistors. Growth
in consumer electronics and automotive market is expected to boost the market growth during the forecast
period. Rise in use of computers, smartphones, digital media and IT hardware is supplementing the market
growth.
Apart, use of film resistors in automotive & electronics industry are more likely to fuel revenue generation in
the aftermarket sales. However rise in production costs coupled with stringent rules and regulations in various
countries impedes the market growth in the near future. The market is segmented as metals comprising nickel-
chromium, chrome-cobalt, tantalum-nitride, hafnium diboride and chrome-silicide.
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