Press release
Evolving Market Trends In The Through-Hole Passive Components Industry: Diodes Incorporated Pioneers The Through-Hole Passive Component Market With Silicon Carbide Schottky Barrier Diodes
The Through-Hole Passive Components Market Report by The Business Research Company delivers a detailed market assessment, covering size projections from 2025 to 2034. This report explores crucial market trends, major drivers and market segmentation by [key segment categories].How Big Is the Through-Hole Passive Components Market Size Expected to Be by 2034?
In recent times, the market size for through-hole passive components has seen considerable growth. The market is projected to expand from a valuation of $38.18 billion in 2024 to a valuation of $40.58 billion in 2025, marking a compound annual growth rate (CAGR) of 6.3%. Factors contributing to this growth during the historic period include the boom in electronics manufacturing, the implementation of industrial automation and control systems, increased consumer electronics usage, integration of automotive electronics, and the development of telecommunication infrastructure.
Anticipations are high for substantial growth in the through-hole passive components market size in the forTH*Coming years. It is projected that by 2029, the value of this market will reach $53.16 billion, expanding with a compound annual growth rate (CAGR) of 7.0%. Factors contributing to this growth in the predicted period include the developments in renewable energy systems, the proliferation of smart grid technologies, the expanding Internet of things (IoT), the escalating electric vehicles (EVs) market, and the roll-out of 5G networks. Some prominent trends for this period are increasing usage in automotive electronics, the integration of through-hole components within IoT devices, a growing focus on components for high-temperature and severe environment conditions, the emergence of low-profile through-hole inductors, and the rising automation in through-hole component manufacturing processes.
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What Are the Emerging Segments Within the Through-Hole Passive Components Market?
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, HealTH*Care 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 Long-Term Drivers Are Shaping Through-Hole Passive Components Market Trends?
The expansion of the through-hole passive component market is anticipated to be driven by the increasing need for consumer electronic devices. These devices, which incorporate an electronic circuit board, are designed for everyday personal use. The growth in popularity of smart home devices, wearable technology, and other interconnected gadgets increases the requirement for electrical components, thus pushing the demand for through-hole passive components. For example, a statistical report issued by the U.S. Census Bureau in January 2023 highlighted that the monthly retail sales of electronics and appliances in the U.S. reached $7.59 billion in May 2022, reflecting a significant rise of $3.37 billion over a span of two years. Consequently, the growing consumption of consumer electronic devices is set to fuel the through-hole passive component market.
Who Are the Top Competitors in Key Through-Hole Passive Components Market Segments?
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
What Through-Hole Passive Components Market Trends Are Gaining Traction Across Different Segments?
In the through-hole passive component market, one of the main trends observed is product innovation. The leading businesses in this sector are concentrating on the introduction of creative solutions in order to maintain their market stronghold. For instance, Diodes Incorporated, a US company specializing in semiconductor manufacturing and supplying, set a benchmark in January 2023 by introducing its first-ever range of silicon carbide (SiC) Schottky barrier diodes (SBD). The range comprises eight 1200V products, which include variants of 2A, 5A, and 10A from the DSCxx120 series along with eleven 650V products from the DSCxxA065 series. A notable feature of this product is its extensive bandgap for SBD, which offers benefits such as significantly enhanced efficiency and high-temperature reliability. Moreover, it caters to market demands for reduced system operational costs and negligible maintenance.
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Which Regions Are Becoming Hubs for Through-Hole Passive Components Market Innovation?
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.
Frequently Asked Questions:
1. What Is the Market Size and Growth Rate of the Through-Hole Passive Components Market?
2. What is the CAGR expected in the Through-Hole Passive Components Market?
3. What Are the Key Innovations Transforming the Through-Hole Passive Components Industry?
4. Which Region Is Leading the Through-Hole Passive Components Market?
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