Product Code: GVR-4-68038-555-7
Passive And Interconnecting Electronic Components Market Growth & Trends:
The global passive and interconnecting electronic components market size is projected to reach USD 258.01 billion by 2030, growing at a CAGR of 5.1% from 2024 to 2030, according to a new report by Grand View Research, Inc. Electronic components play an essential role in several verticals, including IT and telecommunication, consumer electronics, automotive, aerospace and defense, and healthcare. They form an indispensable part of an electronic system and help it function automatically. Moreover, the rapidly surging demand for consumer electronic goods and household appliances such as smartphones, laptops, digital cameras, and air conditioners is expected to fuel market growth over the forthcoming years.
The rising need for enhanced data speed among consumers, businesses, and industries has enabled key telecom operators such as AT&T, Verizon, China Mobile Limited, and KT Corp. to install 5G network infrastructure in order to deliver seamless connectivity to their customers. With a significant surge in demand for telecom equipment and network devices to build 5G network infrastructure, it is anticipated to augment the adoption of passive and interconnecting electronic components during the forecast period.
The rapidly evolving technologies such as robotics and sensors-based systems for industrial applications to improve overall productivity and operational efficiencies are further estimated to augment the demand for passive and interconnecting components. Furthermore, wearables such as smartwatches, virtual reality (VR) headsets, and fitness bands are gaining popularity among consumers. Also, consumers are spending a massive amount on their health and entertainment. As a result, it has accelerated the demand for the aforementioned wearable devices among consumers.
Companies manufacturing passive and interconnecting electronic components are investing in Research and Development (R&D) to provide innovative products to their customers. For instance, in March 2023, Linx Technologies, now part of TE Connectivity, announced the launch of new surface-mount Radio Frequency (RF) switch connectors that offer high isolation between ports to enhance data accuracy. These connectors, available in SWD and SWF versions, are designed for diagnostic measurement on printed circuit boards and meet stringent industry standards, making them suitable for high-volume applications.
Passive And Interconnecting Electronic Components Market Report Highlights:
- The passive segment is expected to register the fastest CAGR. This growth is attributed to the growing number of passive components required in new devices and vehicles owing to technological advancements. According to America II Group, LLC, a U.S.-based company, the number of inductors in a 5G smartphone is expected to grow to 50-70 from around 10 in a 4G smartphone. Similarly, the average number of Multilayer Ceramic Capacitors (MLCCs) in a 5G smartphone is expected to be over 5,000, from about 550 to 900 in a 4G smartphone.
- The consumer electronics segment dominated the market in 2023; the segment's growth is driven by the growth in the demand for consumer electronics, such as smartphones and laptops, led by rising disposable income.
- In 2023, Asia Pacific led the market, driven by the presence of major manufacturers like Murata Manufacturing Co., Ltd., TDK Corporation, and YAGEO Group.
- In April 2024, KYOCERA AVX Components Corporation announced the launch of two new series of snap-in aluminum electrolytic capacitors, the SNL and SNA Series, designed for high reliability, high voltage, and long lifetime performance. These capacitors, which are lead-free, Restriction of Hazardous Substances (RoHS) compliant, and suitable for industrial and commercial applications, offer a range of rated voltages, case sizes, and capacitance values.
Table of Contents
Chapter 1. Methodology and Scope
- 1.1. Market Segmentation and Scope
- 1.2. Market Definitions
- 1.3. Research Methodology
- 1.3.1. Information Procurement
- 1.3.2. Information or Data Analysis
- 1.3.3. Market Formulation & Data Visualization
- 1.3.4. Data Validation & Publishing
- 1.4. Research Scope and Assumptions
- 1.4.1. List of Data Sources
Chapter 2. Executive Summary
- 2.1. Market Outlook
- 2.2. Segment Outlook
- 2.3. Competitive Insights
Chapter 3. Passive and Interconnecting Electronic Components Market Variables, Trends, & Scope
- 3.1. Market Introduction/Lineage Outlook
- 3.2. Industry Value Chain Analysis
- 3.3. Market Dynamics
- 3.3.1. Market Drivers Analysis
- 3.3.2. Market Restraints Analysis
- 3.3.3. Industry Opportunities
- 3.3.4. Industry Challenges
- 3.4. Passive and Interconnecting Electronic Components Market Analysis Tools
- 3.4.1. Porter's Analysis
- 3.4.1.1. Bargaining power of the suppliers
- 3.4.1.2. Bargaining power of the buyers
- 3.4.1.3. Threats of substitution
- 3.4.1.4. Threats from new entrants
- 3.4.1.5. Competitive rivalry
- 3.4.2. PESTEL Analysis
- 3.4.2.1. Political landscape
- 3.4.2.2. Economic and Social landscape
- 3.4.2.3. Technological landscape
- 3.4.2.4. Environmental landscape
- 3.4.2.5. Legal landscape
Chapter 4. Passive and Interconnecting Electronic Components Market: Component Estimates & Trend Analysis
- 4.1. Segment Dashboard
- 4.2. Passive and Interconnecting Electronic Components Market: Component Movement Analysis, USD Million, 2023 & 2030
- 4.3. Passive
- 4.3.1. Hardware Market Revenue Estimates and Forecasts, 2017 - 2030 (USD Million)
- 4.3.2. Resistors
- 4.3.2.1. Resistors Market Revenue Estimates and Forecasts, 2017 - 2030 (USD Million)
- 4.3.3. Capacitors
- 4.3.3.1. Capacitors Market Revenue Estimates and Forecasts, 2017 - 2030 (USD Million)
- 4.3.4. Inductors
- 4.3.4.1. Inductors Market Revenue Estimates and Forecasts, 2017 - 2030 (USD Million)
- 4.3.5. Transformers
- 4.3.5.1. Transformers Market Revenue Estimates and Forecasts, 2017 - 2030 (USD Million)
- 4.3.6. Others
- 4.3.6.1. Others Market Revenue Estimates and Forecasts, 2017 - 2030 (USD Million)
- 4.4. Interconnecting
- 4.4.1. Interconnecting Market Revenue Estimates and Forecasts, 2017 - 2030 (USD Million)
- 4.4.2. PCB
- 4.4.2.1. PCB Market Revenue Estimates and Forecasts, 2017 - 2030 (USD Million)
- 4.4.3. Connectors/Sockets
- 4.4.3.1. Connectors/Sockets Market Revenue Estimates and Forecasts, 2017 - 2030 (USD Million)
- 4.4.4. Switches
- 4.4.4.1. Switches Market Revenue Estimates and Forecasts, 2017 - 2030 (USD Million)
- 4.4.5. Relays
- 4.4.5.1. Relays Market Revenue Estimates and Forecasts, 2017 - 2030 (USD Million)
- 4.4.6. Others
- 4.4.6.1. Others Market Revenue Estimates and Forecasts, 2017 - 2030 (USD Million)
Chapter 5. Passive and Interconnecting Electronic Components Market: Application Estimates & Trend Analysis
- 5.1. Segment Dashboard
- 5.2. Passive and Interconnecting Electronic Components Market: Application Movement Analysis, USD Million, 2023 & 2030
- 5.3. Consumer Electronics
- 5.3.1. Consumer Electronics Market Revenue Estimates and Forecasts, 2017 - 2030 (USD Million)
- 5.3.2. Mobile Phones
- 5.3.2.1. Mobile Phones Market Revenue Estimates and Forecasts, 2017 - 2030 (USD Million)
- 5.3.3. Personal Computers
- 5.3.3.1. Personal Computers Market Revenue Estimates and Forecasts, 2017 - 2030 (USD Million)
- 5.3.4. Home Appliances
- 5.3.4.1. Home Appliances Market Revenue Estimates and Forecasts, 2017 - 2030 (USD Million)
- 5.3.5. Audio and Video Systems
- 5.3.5.1. Audio and Video Systems Market Revenue Estimates and Forecasts, 2017 - 2030 (USD Million)
- 5.3.6. Storage Devices
- 5.3.6.1. Storage Devices Market Revenue Estimates and Forecasts, 2017 - 2030 (USD Million)
- 5.3.7. Others
- 5.3.7.1. Others Market Revenue Estimates and Forecasts, 2017 - 2030 (USD Million)
- 5.4. IT & Telecommunication
- 5.4.1. IT & Telecommunication Market Revenue Estimates and Forecasts, 2017 - 2030 (USD Million)
- 5.4.2. Telecom Equipment
- 5.4.2.1. Telecom Equipment Market Revenue Estimates and Forecasts, 2017 - 2030 (USD Million)
- 5.4.3. Networking Devices
- 5.4.3.1. Networking Devices Market Revenue Estimates and Forecasts, 2017 - 2030 (USD Million)
- 5.5. Automotive
- 5.5.1. Automotive Market Revenue Estimates and Forecasts, 2017 - 2030 (USD Million)
- 5.5.2. Driver Assistance Systems
- 5.5.2.1. Driver Assistance Systems Market Revenue Estimates and Forecasts, 2017 - 2030 (USD Million)
- 5.5.3. Engine Control Systems
- 5.5.3.1. Engine Control Systems Market Revenue Estimates and Forecasts, 2017 - 2030 (USD Million)
- 5.5.4. Safety Systems
- 5.5.4.1. Safety Systems Market Revenue Estimates and Forecasts, 2017 - 2030 (USD Million)
- 5.5.5. Infotainment Systems
- 5.5.5.1. Infotainment Systems Market Revenue Estimates and Forecasts, 2017 - 2030 (USD Million)
- 5.5.6. Others
- 5.5.6.1. Others Market Revenue Estimates and Forecasts, 2017 - 2030 (USD Million)
- 5.6. Industrial
- 5.6.1. Industrial Market Revenue Estimates and Forecasts, 2017 - 2030 (USD Million)
- 5.6.2. Industrial Automation and Motion Control
- 5.6.2.1. Industrial Automation and Motion Control Market Revenue Estimates and Forecasts, 2017 - 2030 (USD Million)
- 5.6.3. Industrial Power Electronics
- 5.6.3.1. Industrial Power Electronics Market Revenue Estimates and Forecasts, 2017 - 2030 (USD Million)
- 5.6.4. Others
- 5.6.4.1. Others Market Revenue Estimates and Forecasts, 2017 - 2030 (USD Million)
- 5.7. Healthcare
- 5.7.1. Healthcare Market Revenue Estimates and Forecasts, 2017 - 2030 (USD Million)
- 5.7.2. Diagnostic Imaging Systems
- 5.7.2.1. Diagnostic Imaging Systems Market Revenue Estimates and Forecasts, 2017 - 2030 (USD Million)
- 5.7.3. Patient Monitoring Systems
- 5.7.3.1. Patient Monitoring Systems Market Revenue Estimates and Forecasts, 2017 - 2030 (USD Million)
- 5.7.4. Surgical Instruments and Robots
- 5.7.4.1. Surgical Instruments and Robots Market Revenue Estimates and Forecasts, 2017 - 2030 (USD Million)
- 5.7.5. Consumer Medical Devices
- 5.7.5.1. Consumer Medical Devices Market Revenue Estimates and Forecasts, 2017 - 2030 (USD Million)
- 5.7.6. Others
- 5.7.6.1. Others Market Revenue Estimates and Forecasts, 2017 - 2030 (USD Million)
- 5.8. Others
- 5.8.1. Others Market Revenue Estimates and Forecasts, 2017 - 2030 (USD Million)
Chapter 6. Passive and Interconnecting Electronic Components Market: Regional Estimates & Trend Analysis
- 6.1. Passive and Interconnecting Electronic Components Market Share, By Region, 2023 & 2030, USD Million
- 6.2. North America
- 6.2.1. North America Passive and Interconnecting Electronic Components Market Estimates and Forecasts, 2017 - 2030 (USD Million)
- 6.2.2. North America Passive and Interconnecting Electronic Components Market Estimates and Forecasts, by Component, 2017 - 2030 (USD Million)
- 6.2.3. North America Passive and Interconnecting Electronic Components Market Estimates and Forecasts, by Application, 2017 - 2030 (USD Million)
- 6.2.4. U.S.
- 6.2.4.1. U.S. Passive and Interconnecting Electronic Components Market Estimates and Forecasts, 2017 - 2030 (USD Million)
- 6.2.4.2. U.S. Passive and Interconnecting Electronic Components Market Estimates and Forecasts, by Component, 2017 - 2030 (USD Million)
- 6.2.4.3. U.S. Passive and Interconnecting Electronic Components Market Estimates and Forecasts, by Application, 2017 - 2030 (USD Million)
- 6.2.5. Canada
- 6.2.5.1. Canada Passive and Interconnecting Electronic Components Market Estimates and Forecasts, 2017 - 2030 (USD Million)
- 6.2.5.2. Canada Passive and Interconnecting Electronic Components Market Estimates and Forecasts, by Component, 2017 - 2030 (USD Million)
- 6.2.5.3. Canada Passive and Interconnecting Electronic Components Market Estimates and Forecasts, by Application, 2017 - 2030 (USD Million)
- 6.2.6. Mexico
- 6.2.6.1. Mexico Passive and Interconnecting Electronic Components Market Estimates and Forecasts, 2017 - 2030 (USD Million)
- 6.2.6.2. Mexico Passive and Interconnecting Electronic Components Market Estimates and Forecasts, by Component, 2017 - 2030 (USD Million)
- 6.2.6.3. Mexico Passive and Interconnecting Electronic Components Market Estimates and Forecasts, by Application, 2017 - 2030 (USD Million)
- 6.3. Europe
- 6.3.1. Europe Passive and Interconnecting Electronic Components Market Estimates and Forecasts, 2017 - 2030 (USD Million)
- 6.3.2. Europe Passive and Interconnecting Electronic Components Market Estimates and Forecasts, by Component, 2017 - 2030 (USD Million)
- 6.3.3. Europe Passive and Interconnecting Electronic Components Market Estimates and Forecasts, by Application, 2017 - 2030 (USD Million)
- 6.3.4. UK
- 6.3.4.1. UK Passive and Interconnecting Electronic Components Market Estimates and Forecasts, 2017 - 2030 (USD Million)
- 6.3.4.2. UK Passive and Interconnecting Electronic Components Market Estimates and Forecasts, by Component, 2017 - 2030 (USD Million)
- 6.3.4.3. UK Passive and Interconnecting Electronic Components Market Estimates and Forecasts, by Application, 2017 - 2030 (USD Million)
- 6.3.5. Germany
- 6.3.5.1. Germany Passive and Interconnecting Electronic Components Market Estimates and Forecasts, 2017 - 2030 (USD Million)
- 6.3.5.2. Germany Passive and Interconnecting Electronic Components Market Estimates and Forecasts, by Component, 2017 - 2030 (USD Million)
- 6.3.5.3. Germany Passive and Interconnecting Electronic Components Market Estimates and Forecasts, by Application, 2017 - 2030 (USD Million)
- 6.3.6. France
- 6.3.6.1. France Passive and Interconnecting Electronic Components Market Estimates and Forecasts, 2017 - 2030 (USD Million)
- 6.3.6.2. France Passive and Interconnecting Electronic Components Market Estimates and Forecasts, by Component, 2017 - 2030 (USD Million)
- 6.3.6.3. France Passive and Interconnecting Electronic Components Market Estimates and Forecasts, by Application, 2017 - 2030 (USD Million)
- 6.4. Asia Pacific
- 6.4.1. Asia Pacific Passive and Interconnecting Electronic Components Market Estimates and Forecasts, 2017 - 2030 (USD Million)
- 6.4.2. Asia Pacific Passive and Interconnecting Electronic Components Market Estimates and Forecasts, by Component, 2017 - 2030 (USD Million)
- 6.4.3. Asia Pacific Passive and Interconnecting Electronic Components Market Estimates and Forecasts, by Application, 2017 - 2030 (USD Million)
- 6.4.4. China
- 6.4.4.1. China Passive and Interconnecting Electronic Components Market Estimates and Forecasts, 2017 - 2030 (USD Million)
- 6.4.4.2. China Passive and Interconnecting Electronic Components Market Estimates and Forecasts, by Component, 2017 - 2030 (USD Million)
- 6.4.4.3. China Passive and Interconnecting Electronic Components Market Estimates and Forecasts, by Application, 2017 - 2030 (USD Million)
- 6.4.5. Japan
- 6.4.5.1. Japan Passive and Interconnecting Electronic Components Market Estimates and Forecasts, 2017 - 2030 (USD Million)
- 6.4.5.2. Japan Passive and Interconnecting Electronic Components Market Estimates and Forecasts, by Component, 2017 - 2030 (USD Million)
- 6.4.5.3. Japan Passive and Interconnecting Electronic Components Market Estimates and Forecasts, by Application, 2017 - 2030 (USD Million)
- 6.4.6. India
- 6.4.6.1. India Passive and Interconnecting Electronic Components Market Estimates and Forecasts, 2017 - 2030 (USD Million)
- 6.4.6.2. India Passive and Interconnecting Electronic Components Market Estimates and Forecasts, by Component, 2017 - 2030 (USD Million)
- 6.4.6.3. India Passive and Interconnecting Electronic Components Market Estimates and Forecasts, by Application, 2017 - 2030 (USD Million)
- 6.4.7. South Korea
- 6.4.7.1. South Korea Passive and Interconnecting Electronic Components Market Estimates and Forecasts, 2017 - 2030 (USD Million)
- 6.4.7.2. South Korea Passive and Interconnecting Electronic Components Market Estimates and Forecasts, by Component, 2017 - 2030 (USD Million)
- 6.4.7.3. South Korea Passive and Interconnecting Electronic Components Market Estimates and Forecasts, by Application, 2017 - 2030 (USD Million)
- 6.4.8. Australia
- 6.4.8.1. Australia Passive and Interconnecting Electronic Components Market Estimates and Forecasts, 2017 - 2030 (USD Million)
- 6.4.8.2. Australia Passive and Interconnecting Electronic Components Market Estimates and Forecasts, by Component, 2017 - 2030 (USD Million)
- 6.4.8.3. Australia Passive and Interconnecting Electronic Components Market Estimates and Forecasts, by Application, 2017 - 2030 (USD Million)
- 6.5. Latin America
- 6.5.1. Latin America Passive and Interconnecting Electronic Components Market Estimates and Forecasts, 2017 - 2030 (USD Million)
- 6.5.2. Latin America Passive and Interconnecting Electronic Components Market Estimates and Forecasts, by Component, 2017 - 2030 (USD Million)
- 6.5.3. Latin America Passive and Interconnecting Electronic Components Market Estimates and Forecasts, by Application, 2017 - 2030 (USD Million)
- 6.5.4. Brazil
- 6.5.4.1. Brazil Passive and Interconnecting Electronic Components Market Estimates and Forecasts, 2017 - 2030 (USD Million)
- 6.5.4.2. Brazil Passive and Interconnecting Electronic Components Market Estimates and Forecasts, by Component, 2017 - 2030 (USD Million)
- 6.5.4.3. Brazil Passive and Interconnecting Electronic Components Market Estimates and Forecasts, by Application, 2017 - 2030 (USD Million)
- 6.6. Middle East and Africa
- 6.6.1. Middle East & Africa Passive and Interconnecting Electronic Components Market Estimates and Forecasts, 2017 - 2030 (USD Million)
- 6.6.2. Middle East & Africa Passive and Interconnecting Electronic Components Market Estimates and Forecasts, by Component, 2017 - 2030 (USD Million)
- 6.6.3. Middle East & Africa Passive and Interconnecting Electronic Components Market Estimates and Forecasts, by Application, 2017 - 2030 (USD Million)
- 6.6.4. Kingdom of Saudi Arabia (KSA)
- 6.6.4.1. Kingdom of Saudi Arabia (KSA) Passive and Interconnecting Electronic Components Market Estimates and Forecasts, 2017 - 2030 (USD Million)
- 6.6.4.2. Kingdom of Saudi Arabia (KSA) Passive and Interconnecting Electronic Components Market Estimates and Forecasts, by Component, 2017 - 2030 (USD Million)
- 6.6.4.3. Kingdom of Saudi Arabia (KSA) Passive and Interconnecting Electronic Components Market Estimates and Forecasts, by Application, 2017 - 2030 (USD Million)
- 6.6.5. UAE
- 6.6.5.1. UAE Passive and Interconnecting Electronic Components Market Estimates and Forecasts, 2017 - 2030 (USD Million)
- 6.6.5.2. UAE Passive and Interconnecting Electronic Components Market Estimates and Forecasts, by Component, 2017 - 2030 (USD Million)
- 6.6.5.3. UAE Passive and Interconnecting Electronic Components Market Estimates and Forecasts, by Application, 2017 - 2030 (USD Million)
- 6.6.6. South Africa
- 6.6.6.1. South Africa Passive and Interconnecting Electronic Components Market Estimates and Forecasts, 2017 - 2030 (USD Million)
- 6.6.6.2. South Africa Passive and Interconnecting Electronic Components Market Estimates and Forecasts, by Component, 2017 - 2030 (USD Million)
- 6.6.6.3. South Africa Passive and Interconnecting Electronic Components Market Estimates and Forecasts, by Application, 2017 - 2030 (USD Million)
Chapter 7. Competitive Landscape
- 7.1. Recent Developments & Impact Analysis by Key Market Participants
- 7.2. Company Categorization
- 7.3. Company Market Positioning
- 7.4. Company Market Share Analysis
- 7.5. Company Heat Map Analysis
- 7.6. Strategy Mapping
- 7.6.1. Expansion
- 7.6.2. Mergers & Acquisition
- 7.6.3. Partnerships & Collaborations
- 7.6.4. New Product Launches
- 7.6.5. Research And Development
- 7.7. Company Profiles
- 7.7.1. KYOCERA AVX Components Corporation
- 7.7.1.1. Participant's Overview
- 7.7.1.2. Financial Performance
- 7.7.1.3. Product Benchmarking
- 7.7.1.4. Recent Developments
- 7.7.2. Vishay Intertechnology, Inc.
- 7.7.2.1. Participant's Overview
- 7.7.2.2. Financial Performance
- 7.7.2.3. Product Benchmarking
- 7.7.2.4. Recent Developments
- 7.7.3. Murata Manufacturing Co., Ltd.
- 7.7.3.1. Participant's Overview
- 7.7.3.2. Financial Performance
- 7.7.3.3. Product Benchmarking
- 7.7.3.4. Recent Developments
- 7.7.4. TDK Corporation
- 7.7.4.1. Participant's Overview
- 7.7.4.2. Financial Performance
- 7.7.4.3. Product Benchmarking
- 7.7.4.4. Recent Developments
- 7.7.5. TAIYO YUDEN CO., LTD.
- 7.7.5.1. Participant's Overview
- 7.7.5.2. Financial Performance
- 7.7.5.3. Product Benchmarking
- 7.7.5.4. Recent Developments
- 7.7.6. TE Connectivity
- 7.7.6.1. Participant's Overview
- 7.7.6.2. Financial Performance
- 7.7.6.3. Product Benchmarking
- 7.7.6.4. Recent Developments
- 7.7.7. SAMSUNG ELECTRO-MECHANICS
- 7.7.7.1. Participant's Overview
- 7.7.7.2. Financial Performance
- 7.7.7.3. Product Benchmarking
- 7.7.7.4. Recent Developments
- 7.7.8. Hosiden Corporation
- 7.7.8.1. Participant's Overview
- 7.7.8.2. Financial Performance
- 7.7.8.3. Product Benchmarking
- 7.7.8.4. Recent Developments
- 7.7.9. YAGEO Group
- 7.7.9.1. Participant's Overview
- 7.7.9.2. Financial Performance
- 7.7.9.3. Product Benchmarking
- 7.7.9.4. Recent Developments
- 7.7.10. NICHICON CORPORATION
- 7.7.10.1. Participant's Overview
- 7.7.10.2. Financial Performance
- 7.7.10.3. Product Benchmarking
- 7.7.10.4. Recent Developments
- 7.7.11. Fenghua (HK) Electronics Ltd.
- 7.7.11.1. Participant's Overview
- 7.7.11.2. Financial Performance
- 7.7.11.3. Product Benchmarking
- 7.7.11.4. Recent Developments
- 7.7.12. ROHM CO., LTD.
- 7.7.12.1. Participant's Overview
- 7.7.12.2. Financial Performance
- 7.7.12.3. Product Benchmarking
- 7.7.12.4. Recent Developments
- 7.7.13. Amphenol Corporation
- 7.7.13.1. Participant's Overview
- 7.7.13.2. Financial Performance
- 7.7.13.3. Product Benchmarking
- 7.7.13.4. Recent Developments
- 7.7.14. Molex
- 7.7.14.1. Participant's Overview
- 7.7.14.2. Financial Performance
- 7.7.14.3. Product Benchmarking
- 7.7.14.4. Recent Developments
- 7.7.15. Samtec
- 7.7.15.1. Participant's Overview
- 7.7.15.2. Financial Performance
- 7.7.15.3. Product Benchmarking
- 7.7.15.4. Recent Developments