Driving Through-Hole Passive Components Market Growth in 2025: The Role of Growing Consumer Electronics Demand Fuels Through-Hole Passive Component Market Surge

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How Large Will the Through-Hole Passive Components Market Size By 2025?
In the past few years, the market size for through-hole passive components has seen a robust increase. From $38.18 billion in 2024, it is projected to escalate to $40.58 billion in 2025, with a compound annual growth rate (CAGR) of 6.3%. The remarkable growth during the historic period can be credited to the exponential rise in electronics manufacturing, the surge in industrial automation and control systems, the boosting adoption of consumer electronics, the inclusion of automotive electronics, and the development of telecommunication infrastructure.

How Big Is the Through-Hole Passive Components Market Size Expected to Grow by 2029?
The market size for through-hole passive components is anticipated to experience substantial growth in the upcoming years, projecting to reach a value of $53.16 billion in 2029, at a Compound Annual Growth Rate (CAGR) of 7.0%. This predicted growth during the forecast period can be credited to the advent of renewable energy systems, smart grid technologies, the proliferation of Internet of Things (IoT), the burgeoning electric vehicles (EV) market, and the roll-out of 5G networks. Key trends in the forecast period encompass the broadening of application areas in automotive electronics, the incorporation of through-hole components in IoT devices, focus on components that can withstand high-temperature and harsh environments, the emergence of low-profile through-hole inductors, and the upsurge in automation in the manufacturing of through-hole components.

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Which Key Market Drivers Powering Through-Hole Passive Components Market Expansion and Growth?
The anticipated surge in the through-hole passive component market is predicted to be fueled by the increasing demand for consumer electronic devices. These devices are typically gadgets outfitted with an electronic circuit board for daily individual usage. The growth in the use of smart home appliances, wearables, and other connected devices is pushing the demand for electrical components, hence the growing interest in through-hole passive components. As of January 2023, a statistical bulletin by the U.S. Census Bureau, which is part of the U.S. Federal Statistical System, reported monthly retail sales of electronics and appliances in the United States at $7.59 billion in May 2022. These figures indicated an impressive $3.37 billion growth in retail sales of electronics and appliances over a span of two years. Therefore, it is expected that the flourishing demand for consumer electronics will continue to promote the expansion of the through-hole passive component market.

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Which Fast-Growing Trends Are Poised to Disrupt the Through-Hole Passive Components Market?
Product advancements play a pivotal role in the increasing popularity of the through-hole passive components market. Major firms in this industry are concentrating on developing innovative solutions to fortify their market standing. For example, Diodes Incorporated, a semiconductor manufacturer and supplier based in the U.S., launched its first line of silicon carbide (SiC) Schottky barrier diodes (SBD) in January 2023. It introduced eight 1200V products under the DSCxx120 series and eleven 650V products under the DSCxxA065 series. This product's distinguishing feature is its wide bandgap for SBD, offering significantly higher efficiency and reliability at high temperatures. This effectively caters to market demands for reduced system operating expenses and minimal upkeep.

What Are the Emerging Segments in 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, 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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Who Are the Global Leaders 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

Which are the Top Profitable Regional Markets for the Through-Hole Passive Components Industry?
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.

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