Press release
Global Passive Electronic Components Market Expected to Reach USD 46.60 Billion by 2030, Growing at a 6.03% CAGR
Passive Electronic Components Market
The global Passive Electronic Components Market, valued at USD 30.93 billion in 2023, is poised for impressive growth. It is projected to expand at a compound annual growth rate (CAGR) of 6.03%, reaching USD 46.6 billion by 2030. This expansion is fueled by technological advancements in IoT, 5G, and the increasing demand for consumer electronics.
๐๐๐ฒ ๐๐๐ซ๐ค๐๐ญ ๐๐ซ๐ข๐ฏ๐๐ซ๐ฌ
Electronics Surge: Rising consumption of smartphones, laptops, and smart devices continues to drive demand.
Automotive Growth: The shift to electric vehicles (EVs) and innovations in automotive electronics enhance the market's growth trajectory.
Renewable Energy Focus: Passive components play a crucial role in renewable energy solutions, including solar and wind systems.
Regional Highlights
Asia-Pacific: The Global Leader
Asia-Pacific dominates the Passive Electronic Components Market, with China, Vietnam, and South Korea leading manufacturing and innovation. The region's focus on EV production and consumer electronics underpins its leadership.
North America: Embracing 5G and EVs
The second-largest market, North America, sees growth driven by 5G deployment, increasing EV adoption, and strong automotive demand.
Europe: Renewable Energy Drives Demand
Europe leverages its focus on renewable energy and smart grid technology, driving sustained growth in passive electronic components.
๐ ๐จ๐ซ ๐ฆ๐จ๐ซ๐ ๐๐๐ญ๐๐ข๐ฅ๐ฌ ๐๐ง๐ ๐ข๐ง๐ฌ๐ข๐ ๐ก๐ญ๐ฌ, ๐ซ๐๐ช๐ฎ๐๐ฌ๐ญ ๐ ๐ฌ๐๐ฆ๐ฉ๐ฅ๐ ๐ซ๐๐ฉ๐จ๐ซ๐ญ ๐จ๐ซ ๐ข๐ง๐ช๐ฎ๐ข๐ซ๐ ๐ญ๐จ๐๐๐ฒ : https://www.maximizemarketresearch.com/request-sample/189109/
๐๐๐ฒ ๐๐๐ฏ๐๐ฅ๐จ๐ฉ๐ฆ๐๐ง๐ญ๐ฌ ๐๐๐ซ๐จ๐ฌ๐ฌ ๐๐๐ ๐ข๐จ๐ง๐ฌ
Vietnam & Thailand: Focus on becoming manufacturing hubs for capacitors and resistors.
Singapore & South Korea: Investments in high-tech R&D for telecommunications and IoT components.
Europe: Expansion of renewable energy projects boosting demand for advanced capacitors.
US: Major strides in automotive electronics and 5G deployment.
๐๐๐ซ๐ค๐๐ญ ๐๐ฒ๐ง๐๐ฆ๐ข๐๐ฌ
Driving Forces
Technological advancements in IoT and AI-based systems.
Rising EV adoption creating demand for high-performance capacitors and inductors.
๐๐ก๐๐ฅ๐ฅ๐๐ง๐ ๐๐ฌ
Supply chain disruptions and increased raw material costs.
Competitive pressures from emerging substitute technologies like MEMS.
๐๐๐ญ ๐ ๐๐ฅ๐จ๐ฌ๐๐ซ ๐ฅ๐จ๐จ๐ค ๐๐ญ ๐ญ๐ก๐ ๐ ๐๐ฆ๐-๐๐ก๐๐ง๐ ๐ข๐ง๐ ๐ฉ๐ซ๐จ๐๐ฎ๐๐ญ๐ฌ ๐๐ซ๐ข๐ฏ๐ข๐ง๐ ๐ฌ๐ฎ๐๐๐๐ฌ๐ฌ :https://www.maximizemarketresearch.com/contact-us/
๐๐จ๐๐จ๐ญ ๐๐จ๐๐ญ๐ฐ๐๐ซ๐ ๐๐๐ซ๐ค๐๐ญ ๐๐๐ซ๐ค๐๐ญ ๐ฌ๐๐ ๐ฆ๐๐ง๐ญ๐๐ญ๐ข๐จ๐ง :
๐๐ฒ ๐๐ฒ๐ฉ๐
Resistor
Capacitor
Inductor
Transformer
Others
Because of their wide range of end uses in electronic devices such as laptops, cellphones, and automotive systems, capacitors are the market leader for passive electronic components based on type and are expected to hold the highest share. Additionally, circuits for power supplies and audio systems depend heavily on capacitors. The growing need for energy-efficient gadgets and the thriving automotive sector are driving the capacitor market. The resistor segment, which finds applications in a variety of end users, including voltage regulation, noise reduction, and temperature sensing, is expected to increase significantly at the same time.
๐๐ฒ ๐๐๐ญ๐๐ซ๐ข๐๐ฅ
Ceramic
Metal
Polymer
Others
In terms of material, the ceramic sector led the market in 2023 thanks to its adaptable end users in laptops, smartphones, cars, and medical equipment. Ceramic capacitors are useful in power supply circuits and audio systems because of their great frequency and temperature stability. Ceramic is perfect for capacitors, resistors, and inductors-all of which are essential components in electronic circuits for filtering, energy storage, and noise reduction-because of its high dielectric constant, low loss factor, and stability over a broad temperature range.
๐๐ฒ ๐๐ง๐ ๐๐ฌ๐๐ซ
Consumer Electronics
Automotive
Industrial
Telecommunications
Healthcare
Aerospace & Defense
Energy & Power
Others
๐๐ฑ๐ฉ๐ฅ๐จ๐ซ๐ ๐๐๐ญ๐๐ข๐ฅ๐๐ ๐๐๐ญ๐ ๐๐ง๐ ๐ข๐ง๐ฌ๐ข๐ ๐ก๐ญ๐ฌ ๐๐ฒ ๐ฏ๐ข๐๐ฐ๐ข๐ง๐ ๐ญ๐ก๐ ๐ฌ๐๐ฆ๐ฉ๐ฅ๐ @https://www.maximizemarketresearch.com/request-sample/189109/
๐๐๐๐ซ๐ง ๐๐๐จ๐ฎ๐ญ ๐ญ๐ก๐ ๐ญ๐จ๐ฉ ๐ฉ๐ฅ๐๐ฒ๐๐ซ๐ฌ ๐๐ซ๐ข๐ฏ๐ข๐ง๐ ๐ข๐ง๐ง๐จ๐ฏ๐๐ญ๐ข๐จ๐ง ๐ข๐ง ๐ญ๐ก๐ ๐๐จ๐๐จ๐ญ ๐๐จ๐๐ญ๐ฐ๐๐ซ๐ ๐๐๐ซ๐ค๐๐ญ ๐๐๐ซ๐ค๐๐ญ :
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
๐๐๐ญ ๐๐ง๐ฌ๐ฐ๐๐ซ๐ฌ ๐ญ๐จ ๐๐ซ๐ข๐ญ๐ข๐๐๐ฅ ๐ช๐ฎ๐๐ฌ๐ญ๐ข๐จ๐ง๐ฌ ๐ฌ๐ก๐๐ฉ๐ข๐ง๐ ๐ญ๐ก๐ ๐๐จ๐๐จ๐ญ ๐๐จ๐๐ญ๐ฐ๐๐ซ๐ ๐๐๐ซ๐ค๐๐ญ ๐๐๐ซ๐ค๐๐ญ :
What is Passive Electronic Components ?
What is the growth rate of the Passive Electronic Components Market?
Which are the factors expected to drive the Passive Electronic Components market growth?
What is the CAGR at which the Passive Electronic Components market will grow during the forecast period?
What are the different segments of the Passive Electronic Components Market?
Which is the fastest growing region in the Passive Electronic Components market?
What growth strategies are the players considering to increase their presence in Passive Electronic Components ?
What are the upcoming opportunities and trends for the Passive Electronic Components Market?
What are the recent industry trends that can be implemented to generate additional revenue streams for the Passive Electronic Components Market?
Who are the leading companies and what are their portfolios in Passive Electronic Components Market?
What segments are covered in the Passive Electronic Components Market?
Who are the key players in the Passive Electronic Components market?
๐๐๐ข๐ง ๐๐๐๐๐ฌ๐ฌ ๐ญ๐จ ๐ฏ๐๐ฅ๐ฎ๐๐๐ฅ๐ ๐ข๐ง๐๐ฎ๐ฌ๐ญ๐ซ๐ฒ ๐ข๐ง๐ฌ๐ข๐ ๐ก๐ญ๐ฌ ๐ญ๐ก๐ซ๐จ๐ฎ๐ ๐ก ๐ญ๐ก๐ ๐ฌ๐๐ฆ๐ฉ๐ฅ๐ ๐ฅ๐ข๐ง๐ค @https://www.maximizemarketresearch.com/request-sample/189109/
๐๐๐ญ ๐ ๐๐ฅ๐จ๐ฌ๐๐ซ ๐ฅ๐จ๐จ๐ค ๐๐ญ ๐ญ๐ก๐ ๐ ๐๐ฆ๐-๐๐ก๐๐ง๐ ๐ข๐ง๐ ๐ฉ๐ซ๐จ๐๐ฎ๐๐ญ๐ฌ ๐๐ซ๐ข๐ฏ๐ข๐ง๐ ๐ฌ๐ฎ๐๐๐๐ฌ๐ฌ :
Past Size and Competitive Landscape
โข Past Pricing and price curve by region
โข Size, Share, Size Forecast by different segment
โข Dynamics Growth Drivers, Restraints, Opportunities, and Key Trends by Region
โข Segmentation A detailed analysis by segment with their sub-segments and Region
โข Competitive Landscape Profiles of selected key players by region from a strategic perspective
โฆ ๐๐ก๐๐๐ค ๐จ๐ฎ๐ญ ๐จ๐ฎ๐ซ ๐ญ๐ซ๐๐ง๐๐ข๐ง๐ ๐ฌ๐ญ๐ฎ๐๐ข๐๐ฌ ๐ญ๐จ ๐ฎ๐ง๐๐๐ซ๐ฌ๐ญ๐๐ง๐ ๐ข๐ง๐๐ฎ๐ฌ๐ญ๐ซ๐ฒ ๐ฌ๐ก๐ข๐๐ญ๐ฌ :
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๐๐๐๐๐ก ๐๐ฎ๐ญ ๐ญ๐จ ๐๐๐ฑ๐ข๐ฆ๐ข๐ณ๐ ๐๐๐ซ๐ค๐๐ญ ๐๐๐ฌ๐๐๐ซ๐๐ก ๐๐จ๐ซ ๐๐ง-๐๐๐ฉ๐ญ๐ก ๐๐ง๐๐ฅ๐ฒ๐ฌ๐ข๐ฌ ๐๐ง๐ ๐๐๐ซ๐ค๐๐ญ ๐๐ง๐ฌ๐ข๐ ๐ก๐ญ๐ฌ :
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