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Prominent Through-Hole Passive Components Market Trend for 2025: Diodes Incorporated Pioneers The Through-Hole Passive Component Market With Silicon Carbide Schottky Barrier Diodes
Through-Hole Passive Components Market Trend
The market for through-hole passive components is anticipated to grow due to an increase in the demand for consumer electronic devices. These devices, equipped with an electronic circuit board, are designed for everyday use by individuals. The demand for electrical components is increasing due to the adoption of smart home technology, wearable devices, and other connected devices, leading to the growing popularity of through-hole passive components. According to a statistical report by the U.S Census Bureau, a US-based federal statistical system agency, monthly retail sales of electronics and appliances in the United States reached $7.59 billion in May 2022, a significant increase of $3.37 billion over two years from January 2023. Consequently, the surging demand for consumer electronic devices will fuel the growth of the through-hole passive component market.
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What growth opportunities are expected to drive the through-hole passive components market's CAGR through 2034?
The market size for through-hole passive components has seen robust growth in the past few years. It is projected to expand from $38.18 billion in 2024 to $40.58 billion in 2025, with a compound annual growth rate (CAGR) of 6.3%. Factors contributing to this growth during the historic period include the surge in electronics manufacturing, the rise in industrial automation and control systems, increased consumer electronics adoption, the integration of automotive electronics, and the development of telecommunication infrastructure.
Expectations are high for substantial growth in the through-hole passive components market in the upcoming years. The market size is predicted to rise to $53.16 billion by 2029, with a compound annual growth rate (CAGR) of 7.0%. This prospective growth during the forecast period can be linked to factors such as the advent of renewable energy systems, the expansion of Internet of Things (IoT), the growth of the electric vehicles market, advancements in smart grid technologies, and the deployment of 5G networks. Other key trends during the forecast period include the broadening of application areas in automotive electronics, the integration of through-hole components into IoT devices, a focus on components that can withstand high-temperatures and harsh environments, the development of low-profile through-hole inductors, and heightened automation in the manufacturing of through-hole components.
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What are the emerging trends shaping the future of the through-hole passive components market?
In the through-hole passive component market, product innovation is emerging as a crucial trend to attract customers. To strengthen their market position, leading companies are focusing on the development of innovative solutions. For example, Diodes Incorporated, a semiconductor producer and supplier based in the US, introduced its initial range of silicon carbide (SiC) Schottky barrier diodes (SBD) in January 2023. The range includes eight 1200V products from the DSCxx120 series (2A, 5A, and 10A) and eleven 650V products from the DSCxxA065 series. A distinctive quality of this product is its wide bandgap for SBD, offering enhanced efficiency and reliability at high temperatures, meeting market demands for lower operational costs and reduced maintenance.
Which growth-oriented segments of the through-hole passive components market are leading the industry's development?
The through-hole passive components market covered in this report is segmented -
1) By Component: Resistors, Capacitors, Inductors, Diodes, Transducers, Sensors, Other Components
2) By Leads Model: Axial, Radial
3) By Application: Consumer Electronics, Automotive, Industrial, IT And Telecom, Aerospace And Defense, Healthcare And Life Sciences, Other Applications
Subsegments:
1) By Resistors: Fixed Resistors, Variable Resistors, Specialty Resistors
2) By Capacitors: Ceramic Capacitors, Electrolytic Capacitors, Film Capacitors, Tantalum Capacitors
3) By Inductors: Air Core Inductors, Iron Core Inductors, Ferrite Core Inductors, Power Inductors
4) By Diodes: Rectifier Diodes, Zener Diodes, Schottky Diodes, Signal Diodes
5) By Transducers: Pressure Transducers, Temperature Transducers, Force Transducers
6) By Sensors: Temperature Sensors, Proximity Sensors, Light Sensors, Humidity Sensors
7) By Other Components: Filters, Ferrite Beads, Resistor Networks
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What regions are leading the charge in the through-hole passive components market?
Asia-Pacific was the largest region in the through-hole passive component market in 2024, is expected to be the fastest-growing region in the global through-hole passive component market report during the forecast period. The regions covered in the through-hole passive components market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
What companies are at the forefront of innovation in the through-hole passive components market?
Major companies operating in the through-hole passive components market include Panasonic Holdings Corporation, TE Connectivity Ltd., TDK Corporation, Murata Manufacturing Co Ltd., Rohm Co Ltd., YAGEO Corp, Vishay Intertechnology Inc., Bourns Inc., Taiyo Yuden Co Ltd., Würth Elektronik Group, AVX Corporation, Nichicon Corporation, KEMET Corporation, Nippon Chemi-Con Corporation, KYOCERA AVX Components Corporation, Rubycon Corporation, Holy Stone Enterprise Co Ltd., Lelon Electronics Corp, Elna Co Ltd., Sagami Elec Co Ltd., Cornell Dubilier Electronics Inc., KOA Speer Electronics Inc., NIC Components Corporation, WIMA GmbH & Co KG
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What Is Covered In The Through-Hole Passive Components Global Market Report?
•Market Size Forecast: Examine the through-hole passive components market size across key regions, countries, product categories, and applications.
•Segmentation Insights: Identify and classify subsegments within the through-hole passive components market for a structured understanding.
•Key Players Overview: Analyze major players in the through-hole passive components market, including their market value, share, and competitive positioning.
•Growth Trends Exploration: Assess individual growth patterns and future opportunities in the through-hole passive components market.
•Segment Contributions: Evaluate how different segments drive overall growth in the through-hole passive components market.
•Growth Factors: Highlight key drivers and opportunities influencing the expansion of the through-hole passive components market.
•Industry Challenges: Identify potential risks and obstacles affecting the through-hole passive components market.
•Competitive Landscape: Review strategic developments in the through-hole passive components market, including expansions, agreements, and new product launches.
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