Press release
The Passive Electronic Components Market was recently released, indicating a market size of USD 29.17 Bn in 2022, to grow at a CAGR of 6.03 Percent, revenue of USD 43.95 Bn by 2029.
Passive Electronic Components Market
The Passive Electronic Components Market has witnessed significant growth, largely attributed to the increasing use of electronics in various applications. These components, including resistors, capacitors, inductors, and diodes, are integral to electronic circuits across industries. The market's expansion is fueled by the rising demand for electronic devices like smartphones, laptops, and other consumer electronics. Moreover, the emergence of new technologies such as the Internet of Things (IoT) and 5G has further accelerated the demand for Passive Electronic Components. The Asia Pacific region holds the largest market share, primarily led by China, which benefits from a robust manufacturing base.
The market report adopts a robust research methodology to gather and analyze data, ensuring the accuracy and reliability of the findings. Primary research interviews, expert opinions, and secondary research from credible sources contribute to the comprehensive analysis of the Passive Electronic Components Market.
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What are Passive Electronic Components Market Dynamics:
The report identifies the increasing demand for electronic devices as a major driver of the Passive Electronic Components Market. The proliferation of smartphones, laptops, and other consumer electronics has significantly contributed to market growth. Additionally, the adoption of IoT and 5G technologies has driven the demand for Passive Electronic Components in the telecommunications sector. The automotive industry's growth and the rising trend of automation and robotics in various industries further fuel the demand for these components.
The Passive Electronic Components Market is facing supply shortages due to factors like the COVID-19 pandemic, trade restrictions, and supply chain disruptions. The pandemic has caused manufacturing slowdowns, leading to a shortage of raw materials and finished goods. Trade restrictions and geopolitical tensions have also impacted the supply chain, causing transportation and delivery delays, leading to increased component prices. The market also faces challenges in manufacturing high-performance components, such as high-frequency capacitors and inductors, which are in short supply. However, manufacturers are investing in R&D to develop new materials and technologies to meet this growing demand.
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Passive Electronic Components Market Regional Insights:
The Asia Pacific region dominates the Passive Electronic Components Market, holding approximately 50 Percent of the market share. China, in particular, plays a crucial role due to its strong manufacturing base and growing demand for electronic devices. North America follows with around 25 percent market share, driven by increasing electric vehicle adoption and 5G technology deployment. Europe and South America are also expected to witness significant growth due to various factors, including the adoption of renewable energy and increasing demand for consumer electronics and automotive applications.
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What is Passive Electronic Components Market Segmentation:
By Type:
1.Capacitors
2.Resistors
3.Inductors
By Type:
1.Ceramic
2.Aluminium
3.Tantalum
4.Others
By End-User:
1.Consumer Electronics
2.Automotive
3.Healthcare
4.Telecommunications
5.Aerospace
6.Defence
7.Others
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Who are Passive Electronic Components Market Key Players:
1.Murata Manufacturing Co. Ltd.
2.TDK Corporation
3. Taiyo Yuden Co. Ltd.
4.Panasonic Corporation
5. Samsung Electro-Mechanics
6. Vishay Intertechnology
7. KEMET Corporation
8.AVX Corporation
9.Walsin Technology Corporation
10. Yageo Corporation
11. Nippon Chemi-Con Corporation
12. Nichicon Corporation
13.Rubycon Corporation
14. Rohm Co. Ltd.
15.EPCOS AG
16.Koa Corporation
17. Sumida Corporation
18. Chilisin Electronics Corp.
19.Holy Stone Holdings Co. Ltd.
20.Johanson Technology Inc.
21.CTS Corporation
22.Pulse Electronics Corporation
23. Laird PLC
24. Bourns Inc.
25.Diodes Incorporated
Table of content for the Passive Electronic Components Market includes:
1. Global Passive Electronic Components: Research Methodology
2. Global Passive Electronic Components Market: Executive Summary
• Market Overview and Definitions
• Introduction to the Global Market
• Summary
• Key Findings
• Recommendations for Investors
• Recommendations for Market Leaders
• Recommendations for New Market Entry
3. Global Passive Electronic Components Market: Competitive Analysis
• MMR Competition Matrix
• Market Structure by region
• Competitive Benchmarking of Key Players
• Consolidation in the Market
• M&A by region
• Key Developments by Companies
• Market Drivers
• Market Restraints
• Market Opportunities
• Market Challenges
• Market Dynamics
• PORTERS Five Forces Analysis
• PESTLE
• Regulatory Landscape by region
• North America
• Europe
• Asia Pacific
• Middle East and Africa
• South America
• COVID-19 Impact
4. Global Passive Electronic Components Market Segmentation
• Global Market, by Type (2022-2029)
• Global Market, by Material (2022-2029)
• Global Market, by End-User (2022-2029)
5. Regional Passive Electronic Components Market (2022-2029)
• Regional Market, by Type (2022-2029)
• Regional Market, by Material (2022-2029)
• Regional Market, by End-User (2022-2029)
• Regional Market, by Country (2022-2029)
6. Company Profile: Key players
• Company Overview
• Financial Overview
• Global Presence
• Capacity Portfolio
• Business Strategy
• Recent Developments
Key Offerings:
• Past Market Size and Competitive Landscape (2018 to 2021)
• Past Pricing and price curve by region (2018 to 2021)
• Market Size, Share, Size & Forecast by different segment | 2022-2029
• Market Dynamics - Growth Drivers, Restraints, Opportunities, and Key Trends by region
• Market Segmentation - A detailed analysis by Type, Material and End-User
• Competitive Landscape - Profiles of selected key players by region from a strategic perspective
• Competitive landscape - Market Leaders, Market Followers, Regional player
• Competitive benchmarking of key players by region
• PESTLE Analysis
• PORTER's analysis
• Value chain and supply chain analysis
• Legal Aspects of business by region
• Lucrative business opportunities with SWOT analysis
• Recommendations
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About Maximize Market Research:
Maximize Market Research is a multifaceted market research and consulting company with professionals from several industries. Some of the industries we cover include medical devices, pharmaceutical manufacturers, science and engineering, electronic components, industrial equipment, technology and communication, cars and automobiles, chemical products and substances, general merchandise, beverages, personal care, and automated systems. To mention a few, we provide market-verified industry estimations, technical trend analysis, crucial market research, strategic advice, competition analysis, production and demand analysis, and client impact studies.
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