Rise in the per capita income and the adoption of digitalization across industry verticals is expected to drive the demand of India Electronic Resistor market for the forecast period.
According to TechSci Research report, “India Electronic Resistor Market By Type (Fixed (Carbon Composition, Carbon film, Metal oxide film, Wire wound, Thin film), Variable (Carbon, Semi-Fixed Variable), By End-User (Industrial, IT & Telecommunications, Automotive, Consumer Electronics, Others), By Product Type (Electric Motors, Drives, Inverters, and Others), By Region, Competition Forecast & Opportunities, 2026”, the India electronic resistor is expected to grow at a rate of significant CAGR for the forecast period, FY2023-FY2027. The growing demand for consumer electronic devices and the rise in the disposable income is driving the demand of the electronic resistor market. With the high demand for electronic devices, the demand for electronic component such as resistor, inductor, capacitors are also expected to witness a significant surge. Each electronic component has different current requirements and due to difference in requirements, the need for electronic resistor witnessed a surge in demand. Electronic resistance provides sound resistance and power dissipation and consists of features such as inductance, temperature coefficient, and noise control. The growing automotive industry and the increase in the sales of electric vehicles is fueling the demand for electronic resistor which is needed during the manufacturing process. Stringent regulations like CAFE II and BS-VI are also creating the need for the integration of electronic devices in the vehicles. The development of the charging infrastructure for the electric vehicles and the presence of supportive government policies promoting the domestic manufacturing and providing attractive incentives, income tax rebates and subsidies to the manufacturers is also contributing to the India electronic resistor market growth.
However, the limitation in power rating and voltage levels may restrain the India Electronic Resistor market growth for the forecast period.
Browse XX market data Tables and XX Figures spread through 70 Pages and an in-depth TOC on "India Electronic Resistor Market”.
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India electronic resistor market is segmented into type, application, regional distribution, and company. Based on type, the market is bifurcated into fixed and variable. The fixed resistor is expected to dominate the India electronic resistor market for the forecast period, FY2023-FY2027. The fixed electronic resistor is divided into carbon composition, carbon film, metal oxide film, wire wound, and thin film while the variable electronic resistor is divided into carbon and semi-fixed variable. Carbon composition resistor are the most common type of electronic resistor. These are the most affordable general-purpose resistor and can be used in electrical and electronics resistor. Carbo composition resistor are made from the mixture of finely ground graphite or carbon lead and a non-conducting ceramic layer. Carbon film resistor is composed with the help of ceramic carrier with a thin carbon film around it and is widely used for the manufacturing of electronic devices. The ratio determines the overall resistive value of the mixture and the higher content of carbon, the lower the resistance value. Metal oxide film has a high temperature rating and better surge current capability, and these are made of ceramic rod that is coated with a thin film of metal oxides like tin oxide. Wire wound resistor is made by winding a thin metal alloy wire over ceramic in form of spiral helix. Wire wound resistor are used in the manufacturing of measuring circuits and Wheatstone bridge type applications. In thin film the resistive layer is deposited onto ceramic base. Thin film is more stable, accurate and have better temperature coefficient.
Panasonic India, Rohm Semiconductor India Pvt Ltd, Cyentec Co. Ltd., BSM Technology Solutions, Kiyosh Electronics, Reckon Electronics, Vishay Components India Private Limited, Thakor Electronics Limited, G.V. Electronics, Watts Electronics Pvt Ltd, Cermet Resistronics Pvt Ltd, Radius Industries, KWK Resistors, among others are some of the leading players operating in India electronic resistor market. Companies operating in the market are using strategies such as joint ventures, product launches, mergers, and research collaborations to boost their share and increase their geographic reach.
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“The growing demand for the renewable energy sources due to the limited availability of fossil fuel and the adverse effect of harmful emission pollutant onto the environment. National Smart Grid Mission is an initiative taken by the Indian Ministry of Power to boost the smart grid projects which will be implemented by state-owned distribution utilities. Additionally, under the “Smart City Mission” all the smart cities are expected to get the electricity supply from the smart grid to conserve and efficiently utilize the electricity and reduce the unnecessary costs. The growing adoption of renewable energy sources to reduce the burden from the fossil fuels and the growing crude oil prices is expected to propel the India electronic resistor market growth till FY2027” said Mr. Karan Chechi, Research Director with TechSci Research, a research based global management consulting firm.
“India Electronic Resistor Market By Type (Fixed (Carbon Composition, Carbon film, Metal oxide film, Wire wound, Thin film), Variable (Carbon, Semi-Fixed Variable), By End-User (Industrial, IT & Telecommunications, Automotive, Consumer Electronics, Others), By Product Type (Electric Motors, Drives, Inverters, and Others), By Region, Competition Forecast & Opportunities, FY2027”, has evaluated the future growth potential of India electronic resistor market and provides statistics & information on market size, structure and future market growth. The report intends to provide cutting-edge market intelligence and help decision makers take sound investment decisions. Besides, the report also identifies and analyzes the emerging trends along with essential drivers, challenges, and opportunities in India electronic resistor market.
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