Press release
Interconnect And Passive Components Market 2024 - By Size, Demand, Trends, Top Companies, Growth Drivers And Forecast 2033
"The interconnect and passive components market size has grown strongly in recent years. It will grow from $188.94 billion in 2023 to $202.24 billion in 2024 at a compound annual growth rate (CAGR) of 7.0%. The growth in the historic period can be attributed to booming consumer electronics, telecommunications expansion, industrial automation, growing automotive electronics.
The interconnect and passive components market size is expected to see strong growth in the next few years. It will grow to $257.57 billion in 2028 at a compound annual growth rate (CAGR) of 6.2%. The growth in the forecast period can be attributed to 5g network rollout, electric vehicle (ev) revolution, internet of things (iot) expansion, growing aerospace and defense. Major trends in the forecast period include miniaturization and technology advancements, high-frequency and rf components, sustainable and eco-friendly components, customization and modular designs developments.
Market Overview -
Interconnects and passive components refer to hardware that permits signal and power transmission between electronic components, with resistors and capacitors serving as passive components that support signal processing without generating energy. They play a crucial role in establishing connections, managing signals and ensuring the overall performance of electronic devices.
Download Free Sample of Report -
https://www.thebusinessresearchcompany.com/sample.aspx?id=12934&type=smp
Consumer Electronics Production Driving Growth In Interconnect And Passive Components Market
The increasing production of consumer electronics is expected to propel the growth of the interconnect and passive components market going forward. Consumer electronics refers to electronic devices and gadgets designed for personal use by individuals for entertainment, communication, productivity and other everyday purposes. Consumer electronics production will fuel the need for interconnect and passive components as they enable seamless connectivity, miniaturization and enhanced functionality within consumer electronic devices, meeting the demands of modern product complexity and integration. For instance, in May 2023, according to the Japan Electronics and Information Technology Industries Association, a Japan-based trade association, the total electronic equipment production in Japan accounted for $6,722 million (¥771,457 million). In addition, consumer electronics production reached $280 million (¥ 32,099 million) in May 2023, compared to $230.9 million (¥25,268 million) in May 2022. Therefore, increasing the production of consumer electronics will drive the growth of the interconnect and passive component market.
Competitive Landscape -
Major players in the interconnect and passive components market are Foxconn Electronics Inc., Nichicon Corporation, Koch Industries Inc., Panasonic Corporation, Cisco Systems Inc., KYOCERA AVX Components Corporation, TE Connectivity Corporation, TDK Corporation, Molex Incorporated, YAZAKI Corporation, Amphenol Corporation, Murata Manufacturing Co. Ltd., Samsung Electro-Mechanics Co. Ltd., AMETEK Inc., Hubbell Inc., Delphi Technologies PLC, Yageo Corporation, Vishay Intertechnology Inc., Bourns Inc., Taiyo Yuden Co. Ltd., Japan Aviation Electronics Industry Ltd., KEMET Electronics Corporation, HIROSE ELECTRIC CO., Sumida Corporation, TT Electronics PLC, Rubycon Corporation, Pulse Electronics Corporation, J.S.T. Mfg. Co., Chogori Technology Co. Ltd., Zeeteq Electronics Co. Ltd. .
Innovation In High-Frequency Passive Components For Satellite Communication
Major companies operating in the interconnect and passive components market are focused on developing innovative components, such as high-frequency passive components, to support reliable and high-performance satellite communication and sustain their position in the market. For instance, in August 2023, Smiths Interconnect Inc., a US-based electronic components manufacturer, launched its E-Band passive components with WR12 couplers, loads and isolators. These broadband WR12 waveguide components are designed for next-gen E-Band terrestrial uplinks to Low Earth Orbit (LEO) constellations and payloads. They are optimized to manage the high RF power required for robust communication links. The product series is ideal for reliable applications like prestigious space missions, with in-house design, manufacturing and testing. The WR12 waveguide hybrids are suitable for global use, featuring broad tuning, high-power termination and stable performance over the 71-76 and 81-86 GHz bands.
Browse Full Report @
https://www.thebusinessresearchcompany.com/report/interconnect-and-passive-components-global-market-report
Key Segments -
The interconnect and passive components market covered in this report is segmented -
1) By Product: Passive Components; Interconnects
2) By Application: Consumer Electronics; Data Processing; Telecommunication; Military And Aerospace; Automotive; Industrial; Healthcare
Key highlights covered in the report -
1. Detailed market size forecast and historical data analysis
2. Key drivers influencing market growth
3. Identification of upcoming trends and potential opportunities in the market
4. Analysis of major players strategies, to understand competitive dynamics and market positioning
5. Evaluation of regional dynamics
"
Contact Us:
The Business Research Company
Europe: +44 207 1930 708
Asia: +91 88972 63534
Americas: +1 315 623 0293
Email: info@tbrc.info
Follow Us On:
LinkedIn: https://in.linkedin.com/company/the-business-research-company
Twitter: https://twitter.com/tbrc_info
Facebook: https://www.facebook.com/TheBusinessResearchCompany
YouTube: https://www.youtube.com/channel/UC24_fI0rV8cR5DxlCpgmyFQ
Blog: https://blog.tbrc.info/
Healthcare Blog: https://healthcareresearchreports.com/
Global Market Model: https://www.thebusinessresearchcompany.com/global-market-model
Want To Know More About The Business Research Company?
The Business Research Company (www.thebusinessresearchcompany.com) is a market intelligence firm that pioneers in company, market, and consumer research. Located globally, TBRC's consultants specialise in various industries including manufacturing, healthcare, financial services, chemicals, and technology.
Global Market Model - World's Most Comprehensive Database
The Business Research Company's flagship product, Global Market Model (www.thebusinessresearchcompany.com/global-market-model) is a market intelligence platform covering various macroeconomic indicators and metrics across 60 geographies and 27 industries. The Global Market Model covers multi-layered datasets which help its users assess supply-demand gaps
This release was published on openPR.
Permanent link to this press release:
Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release Interconnect And Passive Components Market 2024 - By Size, Demand, Trends, Top Companies, Growth Drivers And Forecast 2033 here
News-ID: 3500381 • Views: …
More Releases from The Business research company
Key Strategic Developments and Emerging Changes Shaping the Industrial Media Con …
The industrial media converter market is poised for strong growth in the coming years, supported by rapid technological progress and increasing digital transformation across industries. As more sectors invest in smart systems and modernize their network infrastructure, demand for industrial media converters continues to accelerate. Below is an overview of the market's projected value, major players, influential trends, and detailed segmentation.
Forecasted Market Value and Growth Trajectory for Industrial Media Converter…
In-Depth Examination of Segments, Industry Developments, and Key Players in the …
The histidine tag (His-Tag) antibody market is on track for substantial expansion, driven by increasing applications in biotechnology and pharmaceutical research. As advancements continue and demand rises, this sector is poised for significant growth, presenting varied opportunities for stakeholders. Let's explore the market size forecasts, key players, emerging trends, and main segments shaping this dynamic industry.
Market Size Forecast and Growth Potential in the Histidine Tag (His-Tag) Antibody Market
The histidine tag…
Leading Companies Fueling Growth and Innovation in the Hand Rehabilitation Devic …
The hand rehabilitation devices market is entering a strong growth phase, led by rapid technological progress and evolving patient recovery needs. As more individuals look for effective, patient-friendly solutions to restore hand function, the industry is set for considerable advancement. Below is an overview of the projected market size, major industry players, emerging innovations, and how the market is organized across product categories and applications.
Projected Market Size and Growth of…
Key Emerging Developments and Strategic Trends Shaping the Food Certification Se …
The food certification services industry is experiencing strong growth as consumers increasingly seek transparency, safety, and ethical sourcing in the food they purchase. Supported by rapid technological progress and stricter regulatory expectations, this market is evolving quickly and is poised for notable expansion in the years ahead. Below is a detailed look at the market size, key growth drivers, major companies, emerging trends, and segmentation shaping this critical sector.
Projected Market…
More Releases for Corporation
Endotherapy Devices Market Key Players: Hoya Corporation, Olympus Corporation, S …
A fresh report titled “Endotherapy Devices Market” has been presented by KD market insights. It evaluates the key market trends, advantages, and factors that are pushing the overall growth of the market. The report also analyzes the different segments along with major geographies that have more demand for Endotherapy Devices Market. The competition analysis is also a major part of the report.
The global endotherapy devices market is projected to reach…
Digital Living Room Market 2017-2025 | Samsung Corporation, Sharp Corporation, B …
Global Digital Living Room Market: Snapshot
The living room gadgets in the early 1980s were predominantly televisions. Today, living rooms have evolved into a place with a number of devices thanks to inventions and evolution of the consumer electronics industry. Following this, researchers are focused on bridging the gaps between different devices in the living room by means of connected living rooms. This involves connecting the array of primary and secondary…
Global Healthcare Clinical Analytics Market to 2022| IBM Corporation, Cerner Cor …
Albany, NY, 3rd December : Recent research and the current scenario as well as future market potential of "Global Market Study on Healthcare Clinical Analytics: North America to be the Most Lucrative Market During the Assessment Period (2017 - 2022)" globally.
Introduction
Persistence Market Research delivers yet another unbiased, comprehensive and insightful report titled ‘Healthcare Clinical Analytics Market: Global Industry Analysis (2012-2016) and Forecast (2017-2022)’.
Get PDF for more Professional and Technical insights…
Endotherapy Devices Market Key Players : Hoya Corporation, Olympus Corporation, …
Endoscopy Devices Market is performed to examine abdominal pain, ulcers, digestive tract bleeding, and abnormal growths in the colon and other abdominal & gastrointestinal (GI) conditions. The minimally invasiveness of this procedure with fewer post operation complications makes it one of the most preferred and sought-after procedures in diagnostics and surgeries. The global endotherapy devices market is projected reach $5,015 million by 2024 from $3,369.0 million in 2017, growing at…
Endoscopy Devices Market Share with Olympus Corporation, HOYA Corporation, Fujif …
Endoscopy Devices Market Report, published by Allied Market Research, forecasts that the global market is expected to garner $40,854 million by 2022 from $27,273 million in 2015, registering a CAGR of 5.7% during the period 2016 to 2022. The flexible endoscopes are expected to dominate the global endoscopy devices market. North America is projected to continue its lead, accounting for more than one-third share of the global endoscopy devices market…
Digital Living Room Market 2017 - 2025 : Sharp Corporation, BenQ Corporation, So …
Global Digital Living Room Market: Snapshot
The living room gadgets in the early 1980s were predominantly televisions. Today, living rooms have evolved into a place with a number of devices thanks to inventions and evolution of the consumer electronics industry. Following this, researchers are focused on bridging the gaps between different devices in the living room by means of connected living rooms. This involves connecting the array of primary and secondary…
