Linear Resistor Market on Track for Robust Growth Driven by Technology Advances and Miniaturization Trends
• Global linear resistors market valued at $4B in 2022, projected to reach $7.4B by 2029 with 9% CAGR • Market undergoing significant transformation; robust growth from 2019-2022 with 3% CAGR • Technological innovations driving demand - precision resistors needed for signal processing • Trend toward miniaturization catalyzing demand for compact, surface-mount resistors • Competitive landscape focused on strategic initiatives, M&A, new product developments