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Stock impact report

Thick Film Resistor Market Size Projected to Surge USD 771.9 Million Growth by 2033, Exhibit a CAGR of 5.2% [Yahoo! Finance]

TE Connectivity Ltd. New Switzerland Registered Shares (TEL) 
Last te connectivity ltd. new switzerland registered shares earnings: 4/28 06:00 am Check Earnings Report
Company Research Source: Yahoo! Finance
Asia Pacific emerged as the largest global thick film resistor market, with a 34.5% market revenue share in 2023. 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 w Show less Read more
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