Chip Resistor Market to Reach $1.57 Billion, Globally, By 2028 at 5.9% CAGR: Allied Market Research
Surge in digitalization and rise in usage in consumer electronic devices drive the growth of the global chip resistor market.
- Surge in digitalization and rise in usage in consumer electronic devices drive the growth of the global chip resistor market.
- PORTLAND, Ore., July 6, 2021 /PRNewswire/ -- Allied Market Research published a report, titled, " Chip Resistor Market By Type (Thick Film, Thin Film, and Others) and End Use (Automotive & Transportation, Consumer Electronics, Industrial, IT & Telecommunication, and Others): Global Opportunity Analysis and Industry Forecast, 20212028".
- According to the report, the global chip resistor industry generated $999.4 million in 2020, and is estimated to generate $1.57 billion by 2028, witnessing a CAGR of 5.9% from 2021 to 2028.
- Surge in digitalization and rise in usage in consumer electronic devices drive the growth of the global chip resistor market.