Newark, June 19, 2024 (GLOBE NEWSWIRE) — The Brainy Insights estimates that the USD 465.0 million thick film resistor market will reach USD 771.9 million by 2033. The market is growing primarily due to the growing demand for electronic devices and the growing acceptance of wearables and the Internet of Things (IoT). IoT devices and wearables typically require compact components to fit into small form factors. Thick film resistors work well in these applications because of their small size, high integration density, and compatibility with surface mount technology (SMT). The desire for smaller electronics is being driven by the rise in wearables and Internet of Things devices, which is, in turn, driving the demand for thick film resistors that are durable, compact, and strong. For example, the State of IoT Spring 2023 study states that the number of active IoT endpoints worldwide climbed by 18% in 2022 to reach 14.3 billion.
● Panasonic Corporation
● Rohm Semiconductor
● Murata Manufacturing Co. Ltd.
● Bourns, Inc
● YAGEO Corporation
● KOA Speer Electronics INC.
● Vishay Intertechnology, Inc.
● Viking Tech Corporation
● TT Electronics Plc
● Thick Film Power Resistor
● Shunt Resistor
● Through Hole Type
● ICE Vehicles
● Hybrid Vehicles
● Automotive
● Electrical & Electronics
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Phone: +1-315-215-1633
Email: [email protected] 
Web: www.thebrainyinsights.com 
(GlobeNewsWire)