Press release
Passive Electronic Components Market to Grow from USD 32.8 Million in 2024 to USD 52.4 Million by 2032 at CAGR of 6.03% - "passive electronic components forecast"
Passive Electronic Components Market
► Get a sample of the report:https://www.maximizemarketresearch.com/request-sample/189109/
♦ Key Highlights:
Market Size & CAGR: USD 32.8 million in 2024 → expected USD 52.4 million by 2032; CAGR of 6.03%.
Leading Segment/Application: Capacitors lead by type; the ceramic material segment dominates due to its favorable properties for capacitors, resistors, inductors.
Fastest-Growing / Largest Regional Market: Asia-Pacific is the largest regional market, with China as a major contributor.
Key Drivers, Restraints, Trends:
Drivers: rising usage of consumer electronics, adoption of IoT and 5G, growth in electric and hybrid vehicles, renewable energy systems.
Restraints: supply chain disruptions, manufacturing complexity of high-performance components, price increases, lack of standardization, substitutes such as MEMS/NEMS.
Trends: miniaturization and integration, energy-efficient designs, eco-friendly materials, high-frequency capacitors, advanced wireless communication components.
Top Companies: Major players include Murata Manufacturing Co. Ltd., TDK Corporation, Taiyo Yuden Co. Ltd., Panasonic Corporation, Samsung Electro-Mechanics, Vishay, Kyocera AVX, etc.
♦ Market Outlook
The passive electronic components market is expected to grow steadily from 2025 through 2032, spurred by expansion in end-use industries like consumer electronics, automotive (especially EVs and electrification), telecommunications with 5G rollout, industrial automation, healthcare, and energy & power. The ceramic material segment is projected to maintain dominance, given its advantages (high dielectric constant, temperature stability, moisture resistance) for capacitors and other passive components. Resistors and inductors also show solid growth potential, especially in high-frequency and power electronics applications.
► Get access to the full description of the report @https://www.maximizemarketresearch.com/market-report/passive-electronic-components-market/189109/
♦ Regional Insights
Asia-Pacific leads in market share, driven by China's strong electronics manufacturing base and rising demand in India, Japan, South Korea.
North America holds the second-largest market share, supported by EV adoption, telecom infrastructure upgrades, and R&D in high performance components.
Europe follows, with growth fueled by renewable energy deployment, smart grid and infrastructure modernization. South America, Middle East & Africa are poised for more moderate growth, with momentum in infrastructure, consumer electronics, and healthcare applications.
♦ Key Players & Competitive Landscape
The market is competitive and fragmented, with major established companies pushing forward innovations in component miniaturization, material science, and reliability. The top players-Murata Manufacturing, TDK Corporation, Taiyo Yuden, Panasonic, Samsung Electro-Mechanics, Vishay, Kyocera AVX among others-are investing in R&D, expanding capacities, and optimizing supply chains to meet rising demand. Challenges such as standardization issues, quality, and alternative technologies (MEMS/NEMS) also play a role in shaping competitive strategies.
♦ Quote
"Given the rapid integration of electric vehicles, 5G infrastructure, and consumer electronics demands, we see significant growth opportunity in passive electronic components forecast," said Dr. Aisha Malik, Senior Analyst at Maximize Market Research. "Companies that can innovate in material technology, miniaturization, and scale while managing supply chain resilience will lead in this market."
◉ Get Market Research Latest Trends
♦ Polyurethane Market https://www.maximizemarketresearch.com/market-report/global-polyurethane-market/70607/
♦ Global Copper Foil Market https://www.maximizemarketresearch.com/market-report/copper-foil-market/122392/
♦ Lab Grown Diamonds Market https://www.maximizemarketresearch.com/market-report/lab-grown-diamonds-market/193972/
Contact Maximize Market Research:
3rd Floor, Navale IT Park, Phase 2
Pune Bangalore Highway, Narhe,
Pune, Maharashtra 411041, India
sales@maximizemarketresearch.com
+91 96071 95908, +91 9607365656
About Maximize Market Research:
Maximize Market Research is a multifaceted market research and consulting company with professionals from several industries. Some of the industries we cover include medical devices, pharmaceutical manufacturers, science and engineering, electronic components, industrial equipment, technology and communication, cars and automobiles, chemical products and substances, general merchandise, beverages, personal care, and automated systems. To mention a few, we provide market-verified industry estimations, technical trend analysis, crucial market research, strategic advice, competition analysis, production and demand analysis, and client impact studies.
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 Passive Electronic Components Market to Grow from USD 32.8 Million in 2024 to USD 52.4 Million by 2032 at CAGR of 6.03% - "passive electronic components forecast" here
News-ID: 4190246 • Views: …
More Releases from MAXIMIZE MARKET RESEARCH PVT. LTD.
Global Fast Fashion Market to Grow from USD 114.71 Billion in 2024 to USD 205.96 …
According to a new report by Maximize Market Research, the global Fast Fashion Market was valued at USD 114.71 billion in 2024 and is projected to reach USD 205.96 billion by 2032, growing at a CAGR of 7.59% during 2025-2032. The forecast covers key segments by gender, age, and distribution channel, across major regions including North America, Europe, Asia Pacific, Middle East & Africa, and South America. Growth is being…
LED Mask Market Outlook Highlighting Future Opportunities, Emerging Trends, and …
LED Mask Market size was valued at USD 298.15 Million in 2024 and the total LED Mask Market revenue is expected to grow at a CAGR of 11.9 % from 2025 to 2032, reaching nearly USD 732.94 Million by 2032
LED Mask Market Overview:
The LED mask industry has gained significant attention in recent years, largely driven by the rising demand for non-invasive skincare treatments. These masks utilize light-emitting diode technology to…
Premium Finance Market Outlook Highlighting Emerging Trends, Opportunities, and …
Premium Finance Market size was valued at USD 56.42 Bn in 2024 and is expected to reach USD 132.88 Bn by 2032, at a CAGR of 11.3 %.
Premium Finance Market Overview:
The premium finance industry plays a pivotal role in helping businesses and individuals manage insurance costs by providing financing solutions for premium payments. Instead of making large lump-sum payments upfront, policyholders can spread the cost into manageable installments, improving cash…
Premium Finance Market to Reach USD 132.88 Billion by 2032, Growing at 11.3% CAG …
Premium Finance Market size was valued at USD 56.42 Bn in 2024 and is expected to reach USD 132.88 Bn by 2032, at a CAGR of 11.3 %.
Premium Finance Market Overview:
Research shows that premium finance has become an essential financial service, particularly for businesses and individuals seeking liquidity while maintaining comprehensive insurance coverage. The concept allows policyholders to finance large insurance premiums, thereby freeing up capital for other investments and…
More Releases for Passive
Passive Rfid Tags Market Size Analysis by Application, Type, and Region: Forecas …
According to Market Research Intellect, the global Passive Rfid Tags market under the Internet, Communication and Technology category is expected to register notable growth from 2025 to 2032. Key drivers such as advancing technologies, changing consumer behavior, and evolving market dynamics are poised to shape the trajectory of this market throughout the forecast period.
The passive RFID tags market is experiencing significant growth, fueled by increasing demand for inventory management, asset…
Passive Electronic Components Market 2025-2032
Passive Electronic Components Market Overview
The three basic passive electronic components are resistors, capacitors, and inductors. Other passive components include transformers, diodes, thermistors, varactors, transducers, and many other common components.
This report provides a deep insight into the global Passive Electronic Components market covering all its essential aspects. This ranges from a macro overview of the market to micro details of the market size, competitive landscape, development trend, niche market, key market…
Passive Optical LAN Market
The research study conducted by Report Ocean on the "Passive Optical LAN Market" spans over 100 pages and delves into various facets of this market. It analyses the business strategies adopted by emerging industry players, examines the geographical scope, dissects market segments, evaluates the product landscape, and investigates price and cost structures. This research report facilitates market segmentation based on the latest Market trends, geographical market, and technological advancements. Each…
Passive Speaker Market High-Quality Sound Reproduction with Passive Speaker Tech …
Global Passive Speaker Market Overview:
The Passive Speaker market is a broad category that includes a wide range of products and services related to various industries. This market comprises companies that operate in areas such as consumer goods, technology, healthcare, and finance, among others.
In recent years, the Passive Speaker market has experienced significant growth, driven by factors such as increasing consumer demand, technological advancements, and globalization. This growth has created both…
Passive Defence Electronics Solutions
Shoghi Communications Ltd is a leading technology oriented company in the domain of Intelligence, Surveillance and Reconnaissance. During its journey of twenty years, Shoghi has innovated and developed a large portfolio of products which are capable of monitoring various types of communication media especially in satellite, mobile and radio communication domains. Its customers include defence, intelligence and homeland security organisations in more than seventy countries covering Africa, Latin America, Middle…
Passive Optical LAN (POL) Market: Accelerating Bandwidth Requirements Driving Ne …
The market for passive optical LAN (POL) is poised for substantial growth in the coming years, registering a double-digit CAGR through the forecast period. Escalating bandwidth requirements, coupled with the energy efficient nature of passive optical components, is driving the POL market. The growth of networking technologies in the Asia Pacific and RoW markets, increasing fiber deployments, and rising investments in technological advancements and research infrastructure across both the regions…
