Precision Resistor Market
Precision Resistor Market Forecasts to 2030 - Global Analysis By Product (Collectibles, Jewelry & Accessories, Musical Instruments and Other Products), Type (Precision Metal Foil Resistors, Precision Metal Film Resistors and Precision Wirewound Resistors), Services (Selling, Buying and Loan), Application, End User and By Geography
|
Years Covered |
2021-2030 |
|
Estimated Year Value (2023) |
US $4.9 BN |
|
Projected Year Value (2030) |
US $8.7 BN |
|
CAGR (2023 - 2030) |
8.5% |
|
Regions Covered |
North America, Europe, Asia Pacific, South America, and Middle East & Africa |
|
Countries Covered |
US, Canada, Mexico, Germany, UK, Italy, France, Spain, Japan, China, India, Australia, New Zealand, South Korea, Rest of Asia Pacific, South America, Argentina, Brazil, Chile, Middle East & Africa, Saudi Arabia, UAE, Qatar, and South Africa |
|
Largest Market |
Asia Pacific |
|
Highest Growing Market |
North America |
According to Stratistics MRC, the Global Precision Resistor Market is accounted for $4.9 billion in 2023 and is expected to reach $8.7 billion by 2030 growing at a CAGR of 8.5% during the forecast period. Precision resisters are defined as resisters that, although utilizing the same resistance technology, achieve greater specifications for resistance accuracy, temperature coefficient, load life, and long-term stability. A normal resistor with almost exact ohmic values and a very low tolerance value—as low as 0.005%—is a precision resistor. Bridges, precision AF attenuators, and measurement calibration equipment frequently require precision resistors. Precision resistors are a general term for a variety of resistor types. Due to their low manufacturing costs, carbon composite precision resistor types are being employed more frequently in electrical circuits.
Market Dynamics:
Driver:
Consumer electronics are in more demand and governmental norms are evolving
While emerging nations are currently working to implement 5G in their respective countries, the global demand for 5G requires stronger network infrastructure and devices. For instance, it is predicted that the current 5G revolution will increase India's yearly output of mobile phones and network equipment from the current USD 75 billion to USD 100 billion, representing a 40% increase in growth. The use of consumer electronics and data services, along with growing digitalization, has increased demand for semiconductor chipsets globally. The market is expanding simultaneously because most semiconductors use resistors for their fundamental power and resistance management functions.
Restraint:
Challenges of miniaturization and disruption in the supply chain
Precision resistors face difficulties as electronic gadgets become increasingly smaller. Resistors must have lower footprints while maintaining accurate resistance values and power handling capabilities due to shrinking device sizes and rising power densities. It can be technically difficult and expensive to achieve precision in small form factors. Additionally, due to the complex worldwide supply chain involved in procuring materials, components, and equipment, the market for precision resistors may face supply-chain issues. Production schedules can be affected, resulting in longer lead times and a decrease in the availability of precision resistors. Supply chain disruptions can also be caused by material shortages, political conflict, or natural disasters.
Opportunity:
Rising demand for innovative technology
To attract foreign direct investment, governments are developing a variety of policies, including free trade agreements. The demand for consumer electronics, smart devices, and smart home equipment is anticipated to increase as a result of these reductions. Additionally, the market will grow in the next few years as a result of this electronic component's increased accuracy, power restriction, temperature resistance, and safety standards.
Threat:
High cost and tolerances for manufacturing
To get accurate resistance values, precision resistors often need premium raw materials and production techniques. Higher production costs relative to conventional resistors are a result of these considerations. Precision resistors can therefore be more expensive, which might prevent them from being widely used, particularly in markets or applications where price is an important factor. However, to ensure exact resistance values, precision resistors must adhere to strict manufacturing tolerances. It can be difficult to consistently achieve these standards across high manufacturing volumes. The precision and uniformity of resistor values can be affected by changes in manufacturing processes, machinery, and environmental factors, which can result in yield losses or higher production costs.
Covid-19 Impact:
Precision resistor demand throughout several regions has been lower than anticipated compared to pre-pandemic levels, which is a shocking and unanticipated result of the worldwide COVID-19 pandemic. During the pandemic, the demand for precise resistors changed across several industries. Precision resistor demand increased in some industries, including healthcare, telecommunications, and consumer electronics, but decreased in others due to economic uncertainty and reduced production activity. The change in demand has a conflicting effect on the market as a whole.
The semiconductors segment is expected to be the largest during the forecast period
Due to the rising demand for smartphones and other electronic devices, as well as the adoption of cloud-based computing and the Internet of Things (IoT), the semiconductor category maintained the largest share of the market during the anticipated period. Additionally, the rapid increase in high-tech products like AI and its integration into 5G networks, automotive, and industrial devices are also major driving forces in this segment of the market. Moreover, modern electronics rely on integrated circuits, which are composed of multiple semiconductor elements like transistors, diodes, and resistors.
The precision metal film resistors segment is expected to have the highest CAGR during the forecast period
Over the course of the projection period, the precision metal film resistor segment is anticipated to grow profitably. These resistors, which provide electrical resistance and restrict the flow of current, are essentially passive electronic components. Additionally, A conductive metal substrate is covered in a thin layer of insulating ceramic and plastic powder. Not only that, but it is also utilized in manufacturing products, automobile electronics, medical devices, test and measurement devices, etc. In applications where a low temperature coefficient, initial precision, and less noise are necessary, this segment is getting used more often.
Region with largest share:
Due to the presence of existing and developing enterprises with substantial dominance of markets in South Korea, China, and India, Asia Pacific is predicted to hold the largest share of the market during the projected period. In addition, the regional market is expanding due to the use of expensive electronics combined with high-tech equipment. Overall, the Asian region's market for precision resistors is expanding rapidly as a result of rising demand for highly accurate resistors, the availability of cutting-edge technologies, and an increase in R&D activities. This is making them more affordable for customers and lowering the cost of production. These elements are boosting the regions growth.
Region with highest CAGR:
Owing to the region's robust industrial base, which is fueling demand for precision resistors, North America is predicted to experience profitable growth over the projected time frame. The high-tech manufacturing industry in the area is another factor in increasing demand for these components. Furthermore, the robust economy and high-tech industrial sector of the area further support the expansion of the market for precision resistors. Precision resistor demand has increased as a result of enterprises being able to invest in new technologies and manufacturing methods because of the region's robust economic growth.
Key players in the market
Some of the key players in Precision Resistor market include TE Connectivity, Viking Tech Corp, EZCorp Inc, Panasonic, Dollar Financial Group Global Corporation , Susumu, First Cash Financial Services Inc, Walsin Technology Corporation, Cash America International Inc , Gold & Silver Pawn Shop and Samsung Electro-Mechanics.
Key Developments:
In January 2023, Bourns, Inc. announced the expansion of its product portfolio with the release of high-power thick film resistors with four new AEC-Q200 compliant product series.
In May 2022, Vishay Intertechnology, Inc. announced the launch of a new high-precision thin film wraparound chip resistor for military, industrial, and aerospace applications.
In March 2022, Murata acquired Resonant Inc. at USD 4.50 per share to make its position strong in the telecommunications market.
Products Covered:
• Collectibles
• Jewelry & Accessories
• Musical Instruments
• Other Products
Types Covered:
• Precision Metal Foil Resistors
• Precision Metal Film Resistors
• Precision Wirewound Resistors
Services Covered:
• Selling
• Buying
• Loan
Applications Covered:
• Industrial Automation
• Telecommunications
• Test & Measurement
• Other Applications
End Users Covered:
• Semiconductors
• Medical Equipment
• Automotive
• Other End Users
Regions Covered:
• North America
o US
o Canada
o Mexico
• Europe
o Germany
o UK
o Italy
o France
o Spain
o Rest of Europe
• Asia Pacific
o Japan
o China
o India
o Australia
o New Zealand
o South Korea
o Rest of Asia Pacific
• South America
o Argentina
o Brazil
o Chile
o Rest of South America
• Middle East & Africa
o Saudi Arabia
o UAE
o Qatar
o South Africa
o Rest of Middle East & Africa
What our report offers:
- Market share assessments for the regional and country-level segments
- Strategic recommendations for the new entrants
- Covers Market data for the years 2021, 2022, 2023, 2026, and 2030
- Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
- Strategic recommendations in key business segments based on the market estimations
- Competitive landscaping mapping the key common trends
- Company profiling with detailed strategies, financials, and recent developments
- Supply chain trends mapping the latest technological advancements
Free Customization Offerings:
All the customers of this report will be entitled to receive one of the following free customization options:
• Company Profiling
o Comprehensive profiling of additional market players (up to 3)
o SWOT Analysis of key players (up to 3)
• Regional Segmentation
o Market estimations, Forecasts and CAGR of any prominent country as per the client's interest (Note: Depends on feasibility check)
• Competitive Benchmarking
Benchmarking of key players based on product portfolio, geographical presence, and strategic alliances
Table of Contents
1 Executive Summary
2 Preface
2.1 Abstract
2.2 Stake Holders
2.3 Research Scope
2.4 Research Methodology
2.4.1 Data Mining
2.4.2 Data Analysis
2.4.3 Data Validation
2.4.4 Research Approach
2.5 Research Sources
2.5.1 Primary Research Sources
2.5.2 Secondary Research Sources
2.5.3 Assumptions
3 Market Trend Analysis
3.1 Introduction
3.2 Drivers
3.3 Restraints
3.4 Opportunities
3.5 Threats
3.6 Product Analysis
3.7 Application Analysis
3.8 End User Analysis
3.9 Emerging Markets
3.10 Impact of Covid-19
4 Porters Five Force Analysis
4.1 Bargaining power of suppliers
4.2 Bargaining power of buyers
4.3 Threat of substitutes
4.4 Threat of new entrants
4.5 Competitive rivalry
5 Global Precision Resistor Market, By Product
5.1 Introduction
5.2 Collectibles
5.3 Jewelry & Accessories
5.4 Musical Instruments
5.5 Other Products
6 Global Precision Resistor Market, By Type
6.1 Introduction
6.2 Precision Metal Foil Resistors
6.3 Precision Metal Film Resistors
6.4 Precision Wirewound Resistors
7 Global Precision Resistor Market, By Services
7.1 Introduction
7.2 Selling
7.3 Buying
7.4 Loan
8 Global Precision Resistor Market, By Application
8.1 Introduction
8.2 Industrial Automation
8.3 Telecommunications
8.4 Test & Measurement
8.5 Other Applications
9 Global Precision Resistor Market, By End User
9.1 Introduction
9.2 Semiconductors
9.3 Medical Equipment
9.4 Automotive
9.5 Other End Users
10 Global Precision Resistor Market, By Geography
10.1 Introduction
10.2 North America
10.2.1 US
10.2.2 Canada
10.2.3 Mexico
10.3 Europe
10.3.1 Germany
10.3.2 UK
10.3.3 Italy
10.3.4 France
10.3.5 Spain
10.3.6 Rest of Europe
10.4 Asia Pacific
10.4.1 Japan
10.4.2 China
10.4.3 India
10.4.4 Australia
10.4.5 New Zealand
10.4.6 South Korea
10.4.7 Rest of Asia Pacific
10.5 South America
10.5.1 Argentina
10.5.2 Brazil
10.5.3 Chile
10.5.4 Rest of South America
10.6 Middle East & Africa
10.6.1 Saudi Arabia
10.6.2 UAE
10.6.3 Qatar
10.6.4 South Africa
10.6.5 Rest of Middle East & Africa
11 Key Developments
11.1 Agreements, Partnerships, Collaborations and Joint Ventures
11.2 Acquisitions & Mergers
11.3 New Product Launch
11.4 Expansions
11.5 Other Key Strategies
12 Company Profiling
12.1 TE Connectivity
12.2 Viking Tech Corp
12.3 EZCorp Inc
12.4 Panasonic
12.5 Dollar Financial Group Global Corporation
12.6 Susumu
12.7 First Cash Financial Services Inc
12.8 Walsin Technology Corporation
12.9 Cash America International Inc
12.10 Gold & Silver Pawn Shop
12.11 Samsung Electro-Mechanics
List of Tables
1 Global Precision Resistor Market Outlook, By Region (2021-2030) ($MN)
2 Global Precision Resistor Market Outlook, By Product (2021-2030) ($MN)
3 Global Precision Resistor Market Outlook, By Collectibles (2021-2030) ($MN)
4 Global Precision Resistor Market Outlook, By Jewelry & Accessories (2021-2030) ($MN)
5 Global Precision Resistor Market Outlook, By Musical Instruments (2021-2030) ($MN)
6 Global Precision Resistor Market Outlook, By Other Products (2021-2030) ($MN)
7 Global Precision Resistor Market Outlook, By Type (2021-2030) ($MN)
8 Global Precision Resistor Market Outlook, By Precision Metal Foil Resistors (2021-2030) ($MN)
9 Global Precision Resistor Market Outlook, By Precision Metal Film Resistors (2021-2030) ($MN)
10 Global Precision Resistor Market Outlook, By Precision Wirewound Resistors (2021-2030) ($MN)
11 Global Precision Resistor Market Outlook, By Services (2021-2030) ($MN)
12 Global Precision Resistor Market Outlook, By Selling (2021-2030) ($MN)
13 Global Precision Resistor Market Outlook, By Buying (2021-2030) ($MN)
14 Global Precision Resistor Market Outlook, By Loan (2021-2030) ($MN)
15 Global Precision Resistor Market Outlook, By Application (2021-2030) ($MN)
16 Global Precision Resistor Market Outlook, By Industrial Automation (2021-2030) ($MN)
17 Global Precision Resistor Market Outlook, By Telecommunications (2021-2030) ($MN)
18 Global Precision Resistor Market Outlook, By Test & Measurement (2021-2030) ($MN)
19 Global Precision Resistor Market Outlook, By Other Applications (2021-2030) ($MN)
20 Global Precision Resistor Market Outlook, By End User (2021-2030) ($MN)
21 Global Precision Resistor Market Outlook, By Semiconductors (2021-2030) ($MN)
22 Global Precision Resistor Market Outlook, By Medical Equipment (2021-2030) ($MN)
23 Global Precision Resistor Market Outlook, By Automotive (2021-2030) ($MN)
24 Global Precision Resistor Market Outlook, By Other End Users (2021-2030) ($MN)
25 North America Precision Resistor Market Outlook, By Country (2021-2030) ($MN)
26 North America Precision Resistor Market Outlook, By Product (2021-2030) ($MN)
27 North America Precision Resistor Market Outlook, By Collectibles (2021-2030) ($MN)
28 North America Precision Resistor Market Outlook, By Jewelry & Accessories (2021-2030) ($MN)
29 North America Precision Resistor Market Outlook, By Musical Instruments (2021-2030) ($MN)
30 North America Precision Resistor Market Outlook, By Other Products (2021-2030) ($MN)
31 North America Precision Resistor Market Outlook, By Type (2021-2030) ($MN)
32 North America Precision Resistor Market Outlook, By Precision Metal Foil Resistors (2021-2030) ($MN)
33 North America Precision Resistor Market Outlook, By Precision Metal Film Resistors (2021-2030) ($MN)
34 North America Precision Resistor Market Outlook, By Precision Wirewound Resistors (2021-2030) ($MN)
35 North America Precision Resistor Market Outlook, By Services (2021-2030) ($MN)
36 North America Precision Resistor Market Outlook, By Selling (2021-2030) ($MN)
37 North America Precision Resistor Market Outlook, By Buying (2021-2030) ($MN)
38 North America Precision Resistor Market Outlook, By Loan (2021-2030) ($MN)
39 North America Precision Resistor Market Outlook, By Application (2021-2030) ($MN)
40 North America Precision Resistor Market Outlook, By Industrial Automation (2021-2030) ($MN)
41 North America Precision Resistor Market Outlook, By Telecommunications (2021-2030) ($MN)
42 North America Precision Resistor Market Outlook, By Test & Measurement (2021-2030) ($MN)
43 North America Precision Resistor Market Outlook, By Other Applications (2021-2030) ($MN)
44 North America Precision Resistor Market Outlook, By End User (2021-2030) ($MN)
45 North America Precision Resistor Market Outlook, By Semiconductors (2021-2030) ($MN)
46 North America Precision Resistor Market Outlook, By Medical Equipment (2021-2030) ($MN)
47 North America Precision Resistor Market Outlook, By Automotive (2021-2030) ($MN)
48 North America Precision Resistor Market Outlook, By Other End Users (2021-2030) ($MN)
49 Europe Precision Resistor Market Outlook, By Country (2021-2030) ($MN)
50 Europe Precision Resistor Market Outlook, By Product (2021-2030) ($MN)
51 Europe Precision Resistor Market Outlook, By Collectibles (2021-2030) ($MN)
52 Europe Precision Resistor Market Outlook, By Jewelry & Accessories (2021-2030) ($MN)
53 Europe Precision Resistor Market Outlook, By Musical Instruments (2021-2030) ($MN)
54 Europe Precision Resistor Market Outlook, By Other Products (2021-2030) ($MN)
55 Europe Precision Resistor Market Outlook, By Type (2021-2030) ($MN)
56 Europe Precision Resistor Market Outlook, By Precision Metal Foil Resistors (2021-2030) ($MN)
57 Europe Precision Resistor Market Outlook, By Precision Metal Film Resistors (2021-2030) ($MN)
58 Europe Precision Resistor Market Outlook, By Precision Wirewound Resistors (2021-2030) ($MN)
59 Europe Precision Resistor Market Outlook, By Services (2021-2030) ($MN)
60 Europe Precision Resistor Market Outlook, By Selling (2021-2030) ($MN)
61 Europe Precision Resistor Market Outlook, By Buying (2021-2030) ($MN)
62 Europe Precision Resistor Market Outlook, By Loan (2021-2030) ($MN)
63 Europe Precision Resistor Market Outlook, By Application (2021-2030) ($MN)
64 Europe Precision Resistor Market Outlook, By Industrial Automation (2021-2030) ($MN)
65 Europe Precision Resistor Market Outlook, By Telecommunications (2021-2030) ($MN)
66 Europe Precision Resistor Market Outlook, By Test & Measurement (2021-2030) ($MN)
67 Europe Precision Resistor Market Outlook, By Other Applications (2021-2030) ($MN)
68 Europe Precision Resistor Market Outlook, By End User (2021-2030) ($MN)
69 Europe Precision Resistor Market Outlook, By Semiconductors (2021-2030) ($MN)
70 Europe Precision Resistor Market Outlook, By Medical Equipment (2021-2030) ($MN)
71 Europe Precision Resistor Market Outlook, By Automotive (2021-2030) ($MN)
72 Europe Precision Resistor Market Outlook, By Other End Users (2021-2030) ($MN)
73 Asia Pacific Precision Resistor Market Outlook, By Country (2021-2030) ($MN)
74 Asia Pacific Precision Resistor Market Outlook, By Product (2021-2030) ($MN)
75 Asia Pacific Precision Resistor Market Outlook, By Collectibles (2021-2030) ($MN)
76 Asia Pacific Precision Resistor Market Outlook, By Jewelry & Accessories (2021-2030) ($MN)
77 Asia Pacific Precision Resistor Market Outlook, By Musical Instruments (2021-2030) ($MN)
78 Asia Pacific Precision Resistor Market Outlook, By Other Products (2021-2030) ($MN)
79 Asia Pacific Precision Resistor Market Outlook, By Type (2021-2030) ($MN)
80 Asia Pacific Precision Resistor Market Outlook, By Precision Metal Foil Resistors (2021-2030) ($MN)
81 Asia Pacific Precision Resistor Market Outlook, By Precision Metal Film Resistors (2021-2030) ($MN)
82 Asia Pacific Precision Resistor Market Outlook, By Precision Wirewound Resistors (2021-2030) ($MN)
83 Asia Pacific Precision Resistor Market Outlook, By Services (2021-2030) ($MN)
84 Asia Pacific Precision Resistor Market Outlook, By Selling (2021-2030) ($MN)
85 Asia Pacific Precision Resistor Market Outlook, By Buying (2021-2030) ($MN)
86 Asia Pacific Precision Resistor Market Outlook, By Loan (2021-2030) ($MN)
87 Asia Pacific Precision Resistor Market Outlook, By Application (2021-2030) ($MN)
88 Asia Pacific Precision Resistor Market Outlook, By Industrial Automation (2021-2030) ($MN)
89 Asia Pacific Precision Resistor Market Outlook, By Telecommunications (2021-2030) ($MN)
90 Asia Pacific Precision Resistor Market Outlook, By Test & Measurement (2021-2030) ($MN)
91 Asia Pacific Precision Resistor Market Outlook, By Other Applications (2021-2030) ($MN)
92 Asia Pacific Precision Resistor Market Outlook, By End User (2021-2030) ($MN)
93 Asia Pacific Precision Resistor Market Outlook, By Semiconductors (2021-2030) ($MN)
94 Asia Pacific Precision Resistor Market Outlook, By Medical Equipment (2021-2030) ($MN)
95 Asia Pacific Precision Resistor Market Outlook, By Automotive (2021-2030) ($MN)
96 Asia Pacific Precision Resistor Market Outlook, By Other End Users (2021-2030) ($MN)
97 South America Precision Resistor Market Outlook, By Country (2021-2030) ($MN)
98 South America Precision Resistor Market Outlook, By Product (2021-2030) ($MN)
99 South America Precision Resistor Market Outlook, By Collectibles (2021-2030) ($MN)
100 South America Precision Resistor Market Outlook, By Jewelry & Accessories (2021-2030) ($MN)
101 South America Precision Resistor Market Outlook, By Musical Instruments (2021-2030) ($MN)
102 South America Precision Resistor Market Outlook, By Other Products (2021-2030) ($MN)
103 South America Precision Resistor Market Outlook, By Type (2021-2030) ($MN)
104 South America Precision Resistor Market Outlook, By Precision Metal Foil Resistors (2021-2030) ($MN)
105 South America Precision Resistor Market Outlook, By Precision Metal Film Resistors (2021-2030) ($MN)
106 South America Precision Resistor Market Outlook, By Precision Wirewound Resistors (2021-2030) ($MN)
107 South America Precision Resistor Market Outlook, By Services (2021-2030) ($MN)
108 South America Precision Resistor Market Outlook, By Selling (2021-2030) ($MN)
109 South America Precision Resistor Market Outlook, By Buying (2021-2030) ($MN)
110 South America Precision Resistor Market Outlook, By Loan (2021-2030) ($MN)
111 South America Precision Resistor Market Outlook, By Application (2021-2030) ($MN)
112 South America Precision Resistor Market Outlook, By Industrial Automation (2021-2030) ($MN)
113 South America Precision Resistor Market Outlook, By Telecommunications (2021-2030) ($MN)
114 South America Precision Resistor Market Outlook, By Test & Measurement (2021-2030) ($MN)
115 South America Precision Resistor Market Outlook, By Other Applications (2021-2030) ($MN)
116 South America Precision Resistor Market Outlook, By End User (2021-2030) ($MN)
117 South America Precision Resistor Market Outlook, By Semiconductors (2021-2030) ($MN)
118 South America Precision Resistor Market Outlook, By Medical Equipment (2021-2030) ($MN)
119 South America Precision Resistor Market Outlook, By Automotive (2021-2030) ($MN)
120 South America Precision Resistor Market Outlook, By Other End Users (2021-2030) ($MN)
121 Middle East & Africa Precision Resistor Market Outlook, By Country (2021-2030) ($MN)
122 Middle East & Africa Precision Resistor Market Outlook, By Product (2021-2030) ($MN)
123 Middle East & Africa Precision Resistor Market Outlook, By Collectibles (2021-2030) ($MN)
124 Middle East & Africa Precision Resistor Market Outlook, By Jewelry & Accessories (2021-2030) ($MN)
125 Middle East & Africa Precision Resistor Market Outlook, By Musical Instruments (2021-2030) ($MN)
126 Middle East & Africa Precision Resistor Market Outlook, By Other Products (2021-2030) ($MN)
127 Middle East & Africa Precision Resistor Market Outlook, By Type (2021-2030) ($MN)
128 Middle East & Africa Precision Resistor Market Outlook, By Precision Metal Foil Resistors (2021-2030) ($MN)
129 Middle East & Africa Precision Resistor Market Outlook, By Precision Metal Film Resistors (2021-2030) ($MN)
130 Middle East & Africa Precision Resistor Market Outlook, By Precision Wirewound Resistors (2021-2030) ($MN)
131 Middle East & Africa Precision Resistor Market Outlook, By Services (2021-2030) ($MN)
132 Middle East & Africa Precision Resistor Market Outlook, By Selling (2021-2030) ($MN)
133 Middle East & Africa Precision Resistor Market Outlook, By Buying (2021-2030) ($MN)
134 Middle East & Africa Precision Resistor Market Outlook, By Loan (2021-2030) ($MN)
135 Middle East & Africa Precision Resistor Market Outlook, By Application (2021-2030) ($MN)
136 Middle East & Africa Precision Resistor Market Outlook, By Industrial Automation (2021-2030) ($MN)
137 Middle East & Africa Precision Resistor Market Outlook, By Telecommunications (2021-2030) ($MN)
138 Middle East & Africa Precision Resistor Market Outlook, By Test & Measurement (2021-2030) ($MN)
139 Middle East & Africa Precision Resistor Market Outlook, By Other Applications (2021-2030) ($MN)
140 Middle East & Africa Precision Resistor Market Outlook, By End User (2021-2030) ($MN)
141 Middle East & Africa Precision Resistor Market Outlook, By Semiconductors (2021-2030) ($MN)
142 Middle East & Africa Precision Resistor Market Outlook, By Medical Equipment (2021-2030) ($MN)
143 Middle East & Africa Precision Resistor Market Outlook, By Automotive (2021-2030) ($MN)
144 Middle East & Africa Precision Resistor Market Outlook, By Other End Users (2021-2030) ($MN)
List of Figures
RESEARCH METHODOLOGY
We at ‘Stratistics’ opt for an extensive research approach which involves data mining, data validation, and data analysis. The various research sources include in-house repository, secondary research, competitor’s sources, social media research, client internal data, and primary research.
Our team of analysts prefers the most reliable and authenticated data sources in order to perform the comprehensive literature search. With access to most of the authenticated data bases our team highly considers the best mix of information through various sources to obtain extensive and accurate analysis.
Each report takes an average time of a month and a team of 4 industry analysts. The time may vary depending on the scope and data availability of the desired market report. The various parameters used in the market assessment are standardized in order to enhance the data accuracy.
Data Mining
The data is collected from several authenticated, reliable, paid and unpaid sources and is filtered depending on the scope & objective of the research. Our reports repository acts as an added advantage in this procedure. Data gathering from the raw material suppliers, distributors and the manufacturers is performed on a regular basis, this helps in the comprehensive understanding of the products value chain. Apart from the above mentioned sources the data is also collected from the industry consultants to ensure the objective of the study is in the right direction.
Market trends such as technological advancements, regulatory affairs, market dynamics (Drivers, Restraints, Opportunities and Challenges) are obtained from scientific journals, market related national & international associations and organizations.
Data Analysis
From the data that is collected depending on the scope & objective of the research the data is subjected for the analysis. The critical steps that we follow for the data analysis include:
- Product Lifecycle Analysis
- Competitor analysis
- Risk analysis
- Porters Analysis
- PESTEL Analysis
- SWOT Analysis
The data engineering is performed by the core industry experts considering both the Marketing Mix Modeling and the Demand Forecasting. The marketing mix modeling makes use of multiple-regression techniques to predict the optimal mix of marketing variables. Regression factor is based on a number of variables and how they relate to an outcome such as sales or profits.
Data Validation
The data validation is performed by the exhaustive primary research from the expert interviews. This includes telephonic interviews, focus groups, face to face interviews, and questionnaires to validate our research from all aspects. The industry experts we approach come from the leading firms, involved in the supply chain ranging from the suppliers, distributors to the manufacturers and consumers so as to ensure an unbiased analysis.
We are in touch with more than 15,000 industry experts with the right mix of consultants, CEO's, presidents, vice presidents, managers, experts from both supply side and demand side, executives and so on.
The data validation involves the primary research from the industry experts belonging to:
- Leading Companies
- Suppliers & Distributors
- Manufacturers
- Consumers
- Industry/Strategic Consultants
Apart from the data validation the primary research also helps in performing the fill gap research, i.e. providing solutions for the unmet needs of the research which helps in enhancing the reports quality.
For more details about research methodology, kindly write to us at info@strategymrc.com
Frequently Asked Questions
In case of any queries regarding this report, you can contact the customer service by filing the “Inquiry Before Buy” form available on the right hand side. You may also contact us through email: info@strategymrc.com or phone: +1-301-202-5929
Yes, the samples are available for all the published reports. You can request them by filling the “Request Sample” option available in this page.
Yes, you can request a sample with your specific requirements. All the customized samples will be provided as per the requirement with the real data masked.
All our reports are available in Digital PDF format. In case if you require them in any other formats, such as PPT, Excel etc you can submit a request through “Inquiry Before Buy” form available on the right hand side. You may also contact us through email: info@strategymrc.com or phone: +1-301-202-5929
We offer a free 15% customization with every purchase. This requirement can be fulfilled for both pre and post sale. You may send your customization requirements through email at info@strategymrc.com or call us on +1-301-202-5929.
We have 3 different licensing options available in electronic format.
- Single User Licence: Allows one person, typically the buyer, to have access to the ordered product. The ordered product cannot be distributed to anyone else.
- 2-5 User Licence: Allows the ordered product to be shared among a maximum of 5 people within your organisation.
- Corporate License: Allows the product to be shared among all employees of your organisation regardless of their geographical location.
All our reports are typically be emailed to you as an attachment.
To order any available report you need to register on our website. The payment can be made either through CCAvenue or PayPal payments gateways which accept all international cards.
We extend our support to 6 months post sale. A post sale customization is also provided to cover your unmet needs in the report.
Request Customization
We provide a free 15% customization on every purchase. This requirement can be fulfilled for both pre and post sale. You may send your customization requirements through email at info@strategymrc.com or call us on +1-301-202-5929.
Note: This customization is absolutely free until it falls under the 15% bracket. If your requirement exceeds this a feasibility check will be performed. Post that, a quote will be provided along with the timelines.
WHY CHOOSE US ?
Assured Quality
Best in class reports with high standard of research integrity
24X7 Research Support
Continuous support to ensure the best customer experience.
Free Customization
Adding more values to your product of interest.
Safe & Secure Access
Providing a secured environment for all online transactions.
Trusted by 600+ Brands
Serving the most reputed brands across the world.
