1. © 2016 Global Market Insights, Inc. USA. All Rights Reserved www.gminsights.com Chip Resistor Market Size Growth During Forecast Period.

2. © 2016 Global Market Insights, Inc. USA. All Rights Reserved www.gminsights.com  Growth in data center facilities owing to increasing digitalization is driving the chip resistor market. The rising need for cloud storage and the adoption of online and mobile computing services with the growing usage of social media have led to a rise in the number of data centers globally.  These data centers are exposed to harsh environments that have higher percentages of potentially corrosive gases, which can corrode silver terminals in sensitive electronic components. To prevent corrosion and provide superior resistance against sulfur-containing environments, the demand for ICs is increasing. Moreover, these resistors allow a smooth transmission of data, resulting in improved system performance, reliability, robustness, and reduction of downtime. Growth in the data center infrastructure market is expected to drive the chip resistor market over the coming years. Key Insights from Chip Resistor Market:

3. © 2016 Global Market Insights, Inc. USA. All Rights Reserved www.gminsights.com Continued…  High manufacturing costs associated with the device is a major challenge affecting the growth of the chip resistor market. The production of electronic components requires mining and processing of certain raw materials, such as metal and ceramic, which need to be mined and processed into usable forms, resulting in increased reliability on labors for the efficient production process. The fluctuations in the prices of raw materials coupled with rising labor costs will elevate the manufacturing cost, hindering the overall market growth. However, manufacturers are investing highly to manufacture ultra-small chip resistor that use less raw materials.  Thin film resistors account for a majority of the chip resistor market share. The increasing demand for compact size and high resistance power resistor for improving performance at low cost is accelerating the demand for these devices. Thin film resistors offer lower tolerances, noise, parasitic inductance, and resistor temperature coefficients and provide stability at much higher frequencies compared to thick film resistors.

4. © 2016 Global Market Insights, Inc. USA. All Rights Reserved www.gminsights.com Latest Research Chip Resistor Market@ https://www.gminsights.com/industry-analysis/chip-resistor-market Request for a table of contents this research report @ https://www.gminsights.com/request-toc/upcoming/4220

5. © 2016 Global Market Insights, Inc. USA. All Rights Reserved www.gminsights.com Market research reports: Key analytical components

6. www.company.com Major Companies in Chip Resistor Market : Murata Manufacturing Co. Rohm Semiconductor CTS Corporation Panasonic Corporation Samsung Electro-Mechanics Yageo Corporation Susumu Co. Ltd. Vishay Intertechnology

7. © 2016 Global Market Insights, Inc. USA. All Rights Reserved www.gminsights.com Asia Pacific is projected to witness high growth owing to the ongoing development & expansion of the consumer electronics manufacturing sector coupled with strong economic growth of the region. Rise in the adoption of electronic vehicles in the region will increase the demand for these ICs in the coming years. According to the IEA, the number of new electric vehicles sales across China was estimated at around 1.2 million in 2018. With such rapid development of electric and hybrid vehicles, the demand for effective resistors with high leakage detection property is expected to grow. Manufacturers in the region are extensively focusing on introducing innovative products to commercialize the ICS for large scale utilization. For instance, in March 2018, Panasonic Corporation, a Japan-based electronics solution provider, introduced a high precision thin film chip resistor, which provides Electro-Static Discharge (ESD) protection in the resistor field. Such innovations are expected to drive the Asia Pacific chip resistor market. Regional Insights Chip Resistor Market:

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