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Passive Electronic Components Market 2021 Advance Technology and New Innovations - KEMET Corporation, Panasonic Corporation, TDK Corporation
Global “Passive Electronic Components Market” 2021 Research report produces information with reference to market size, share, trends, growth, cost structure, capacity, revenue, and forecast 2027. This report also contains the general and comprehensive study of the Passive Electronic Components market with all its aspects influencing the growth of the market. This report is a full-scale quantitative survey of the Passive Electronic Components industry and provides data for building strategies to expand the market growth and effectiveness.The passive electronic components market is expected to register a CAGR of approximately 4.2% during the forecast period
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Top Leading Companies of Global Passive Electronic Components Market are: KEMET Corporation, Panasonic Corporation, TDK Corporation, Vishay Intertechnology Inc., Murata Manufacturing Co. Ltd, AVX Corporation, Taiyo Yuden Co. Ltd, Nichicon Corporation, WIMA GmbH & Co KG, Cornell Dubilier Electronics Inc., Yageo Corporation, Lelon Electronics Corp and others.
The competitive market players are identified along with their size, share, and strategies. The company profiles of these players, which includes their recent major developments, product portfolio, revenue, core competencies, and financials. Additionally, the report presents insights into the mergers & acquisitions, company profiles, financial status, product portfolio, and the SWOT analysis.
Industry News and Updates:
April 2020 - Bourns Inc. introduced its new AEC-Q200 compliant series of thick film chip resistors. Also, the company aims to maintain its leadership position in introducing space-saving resistor products by offering its latest Model CRxxxxA series in eight compact form factors from small 0201 (0603 Metric) up to 2512 (6431 Metric).
- December 2019 - The Taiwan-based Yageo Corporation is planning to acquire passives component supplier Kemet Corporation based in the United States to create a new global giant in the manufacture of capacitors, magnetic components, and other electronic components.
Key Market Trends
Automotive Industry Expected to Show Significant Adoption
- The automotive electronics are electronic systems used in road vehicles (ignition, radio, telematics, engine management, and in-car entertainment systems, among others). The automotive market is fast emerging to be the most profitable, with increasing opportunities for product innovation. With the increasing demand for hybrid electric vehicles, the need for passive electronic components is on the rise.
- Furthermore, owing to emission and energy concerns, electric vehicles have gained significant prominence. Even with a minor role of capacitors in micro to mild hybrid cars, energy savings can add up to 15%. In contrast, for more significant functions, such as energy storage systems in electrical trams, trains, and subways, energy savings can add up to 25% of the electricity used. Therefore, these factors are motivating automotive vendors to invest in the market studied.
- In March 2020, KEMET Corporation launched new metal composite power inductors, which are ideal for the increasing demands of the automotive market. These new inductors are used in DC to DC switching power supplies, which play an essential role in the growing electrification of modern vehicles.
- Also, resistors are ideal for automotive technicians for diagnosing and testing sensors and monitored circuits. For instance, in March 2020, KOA planned to introduce a new range of wire wound and metal oxide high-power resistors in a ceramic case, which will be dedicatedly used for automotive pre-charge/discharge applications.
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Important Features that are under offering and key highlights of the report:
– Detailed overview of the Passive Electronic Components market
– Changing market dynamics of the industry
– In-depth market segmentation by Type, Application, etc.
– Historical, current, and projected market size in terms of volume and value
– Recent industry trends and developments
– Competitive landscape of the Passive Electronic Components market
– Strategies of key players and product offerings
– Potential and niche segments/regions exhibiting promising growth
– A neutral perspective towards Passive Electronic Components market performance
– Must-have information for market players to sustain and enhance their market footprint
The research includes historic data from 2015 to 2021 and forecasts until 2027 which makes the report an invaluable resource for industry executives, marketing, sales, and product managers, consultants, analysts, and stakeholders looking for key industry data in readily accessible documents with clearly presented tables and graphs.
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Finally, the Passive Electronic Components Market report is the believable source for gaining the market research that will exponentially accelerate your business. The report gives the principles of locale, economic situations with the item value, benefit, limit, generation, supply, request and market development rate and figure and so on. Passive Electronic Components industry report additionally Present new task SWOT examination, speculation attainability investigation, and venture return investigation.
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