Asia Pacific Current Sampling Resistance Market Forecast to 2028 - COVID-19 Impact and Regional Analysis By Type and Application

The APAC current sampling resistance market is expected to grow from US$ 809.04 million in 2021 to US$ 1,288.80 million by 2028; it is estimated to grow at a CAGR of 6.9% from 2021 to 2028.

The rise of high-density mounting resistors is expected to fuel the market growth in coming years.The use of high-density mounting resistors in a variety of applications is expected to accelerate, as the practice of greater performance in a smaller space has become important.

The resistors of 01005-inch sizes (0.0160.08 inch) are currently utilized in smartphones and wearable devices. Fillet less mounting, which provides fine-pitch mounting, and via-in-pad, in which holes are created on the component pad to eliminate patterns on the surface layer, have both enhanced mounting density in various applications. To meet the need, companies across APAC region are creating high-density mounted resistors. For instance, KOA Corporation provides KOA’s thick film type low resistance resistors: UR73, UR73V, SR73, WK73S, and WU73, which have resistance values ranging from 10m to 10m and T.C.R. of 75 x10-6/K. Metal plate chip low resistance resistors with extremely low parasitic inductance and high accuracy current sensing are made available from various companies. In addition, resistor reduction is nearing its limit, and modularization is likely to expand across all types of equipment in the future, thereby driving the APAC market growth.

In case of COVID-19, APAC is highly affected specially India.The COVID-19 pandemic has severely impacted APAC due to wide disease spread; countries in this region are among the highly populated, which leads to the greater risk infection spread.

According to the Organization for Economic Co-operation and Development (OECD), the pandemic has affected major economies such as China, India, Australia, and Japan, which are experiencing inflation.India is the worst-hit country by the pandemic in this region.

Many global brands and technological companies are headquartered in the region.The limitations imposed by governments to control the spread of COVID-19, the impact of the disease on populations of different countries in the region, and current inability to utilize production capabilities are the key factors impacting resistors market in Asian countries.

Therefore, the COVID-19 pandemic is likely to continue to hinder the current sampling resistors market growth in APAC.

Based on type, the metal plate segment is expected to be fastest growing during forecast period for APAC region.A metal plate resistor is made up of a resistive metal plate and at least a pair of electrodes made up of a highly conductive metal conductor, which is attached to opposite ends of the resistive body.

A major part of the resistive body is positioned between the electrodes, with a pair of electrode sections that are broader than the main section.Metal plate resistors are used in switching and linear power supplies, instruments, power, amplifiers, shunts, power inverters, and batter management.

These resistors have very low inductance and thermal EMF.Varied types of metal resistors with various configurations and temperature coefficients are being developed by companies.

This segment include various types of metal based current sense resistors such as metal alloy, metal film, metal foil, metal plate, and metal strip. Advantages of metal plate resistor such as good noise characteristics, tight tolerance, long-term stability etc. are expected to increase its demand in coming years, thereby driving the APAC current sampling resistance market during forecast period.

The overall APAC current sampling resistance market size has been derived using both primary and secondary sources.To begin the research process, exhaustive secondary research has been conducted using internal and external sources to obtain qualitative and quantitative information related to the APAC current sampling resistance market.

The process also serves the purpose of obtaining overview and forecast for the APAC current sampling resistance market with respects to all the segments pertaining to the region.Also, multiple primary interviews have been conducted with industry participants and commentators to validate the data, as well as to gain more analytical insights into the topic.

The participants who typically take part in such a process include industry experts such as VPs, business development managers, market intelligence managers, and national sales managers along with external consultants such as valuation experts, research analysts, and key opinion leaders specializing in the APAC current sampling resistance market. Cyntec Co., Ltd.; KOA Speer Electronics, Inc.; Panasonic Corporation; ROHM CO., LTD.; Samsung Electro-Mechanics Co, Ltd.; Susumu Co., Ltd; TT Electronics; Viking Tech Corporation; Vishay Intertechnology, Inc.; and Walter Electronic Co.Ltd. are among a few players operating in the APAC current sampling resistance market.