Electronic Components Market Size Worth US$ 755.32 Billion in 2031, Driven by Digitalization and Electrification Trends | Texas Instruments, Analog Devices, Inc., STMicroelectronics

Market Summary -

The global market for Electronic Components was estimated to be worth US$ 520.52 billion in 2024 and is forecast to a readjusted size of US$ 755.32 billion by 2031 with a CAGR of 5.5% during the forecast period 2025-2031.

Accourding to QY Research has released a new publication titled "Global Electronic Components Market Share and Ranking, Overall Sales and Demand Forecast 2025-2031." This comprehensive study provides an in-depth evaluation of the worldwide Electronic Components industry, uncovering the major forces influencing market growth and delivering high-value insights for investors, industry leaders, and strategic decision-makers. The report examines critical elements such as market dynamics, evolving technologies, segmentation trends, regional developments, and the competitive landscape. With data backed by rigorous research and expert interpretation, it offers an authoritative guide to understanding the macroeconomic and microeconomic factors reshaping the global market.

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Electronic components are the basic units that make up electronic devices and circuits, and are widely used in various electronic products, including computers, communication equipment, household appliances, medical instruments, etc. They have different functions, mainly including input, output, storage, processing and conversion of electrical signals. Common electronic components include resistors, capacitors, diodes, transistors, integrated circuits, etc. These components form complex circuits through different connections and combinations to achieve specific functions.

There are many types of electronic components, which can be divided into active components and passive components according to their functions. Active components such as transistors and integrated circuits can provide functions such as amplification and switching, while passive components such as resistors and capacitors are mainly used to limit current and store electrical energy. With the advancement of science and technology, the integration of electronic components continues to increase, the size becomes smaller, and the performance is improved, which has promoted the development of portable and intelligent devices.

In modern industry, the application of electronic components has penetrated into various fields, such as automation control, consumer electronics, communication technology, energy management and medical equipment. The reliability and performance of these components directly affect the overall performance and safety of the equipment. Therefore, the design, manufacturing and testing process of electronic components is crucial, involving knowledge of multiple disciplines such as materials science, engineering and physics.

In recent years, the global smartphone market has expanded rapidly, and the electronic components industry will still have a certain increase in the future. The growth in shipments of terminal electronic products represented by mobile phones will have a positive effect on the growth in sales of electronic components. At the same time, the upgrading of consumer electronics products, the introduction of new technologies and the application of 5G will increase the use of electronic components in a single product, further expanding the market size of electronic components.

Due to the low labor cost and the rapid development of downstream mobile phones, automobiles and other application fields, major global electronic component manufacturers have set up production plants in mainland China, driving the improvement of mainland electronic component production capacity and technology, and promoting the transfer of production capacity to the mainland.

In the future, electronic components will be more intelligent and integrated, and play an important role in sustainable development and environmental protection, helping scientific and technological progress and social development.

Market Drivers, Challenges & Restraints -

This section outlines the various elements influencing the trajectory of the Electronic Components market:

Key Growth Drivers -

- Supportive policy frameworks and regulatory reforms
- Advancement in product innovation and technological breakthroughs
- Growing demand in emerging application areas
- Shift in global supply chain structures

Restraints & Challenges -

- Regulatory uncertainties
- Competitive pricing pressures
- Operational risks
- Market-entry barriers

Market Segmentation and Regional -

By Type

Active Components
Passive Components

By Application

Automotive
Communications and Computing
Lighting
Industrial
Medical
Others

Regional Analysis -

✔ North America (U.S., Canada, China)
✔ Europe (Germany, U.K., France, Italy, Russia, Spain, Rest of Europe)
✔ Asia-Pacific (Japan, South Korea, China Taiwan, Southeast Asia, India)
✔ Middle East, Africa, Latin America (Brazil, Mexico, Turkey, Israel, GCC Countries)

The analysis spans from 2024 (base year) to 2031 (forecast period).

Major Company Included: -

Texas Instruments
Analog Devices, Inc.
STMicroelectronics
Infineon Technologies
TE Connectivity
Panasonic
Onsemi
NXP Semiconductors
Vishay
Chilisin Electronics (YAGEO)
Murata
Microchip
Amphenol
TDK Corporation
Samsung Electro-Mechanics
Omron
Taiyo Yuden
Kyocera
Skyworks
Littelfuse
Nippon Chemi-Con
Molex (Koch)
Sunlord Electronics
Delta Electronics
Microgate Technology
Fenghua Advanced Technology
Hangzhou Silan Microelectronics
Jilin Sino-microelectronics

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Why should you purchase this report?

Purchasing this report provides you with a comprehensive and data-driven understanding of the market landscape, enabling informed business decisions and strategic planning. The report comes with free customization based on client requirements, including a country-level breakdown of any five countries of your choice and a competitive analysis of segment revenue by key market players. With detailed insights into market trends, growth drivers, challenges, competitive dynamics, and emerging opportunities, this report equips stakeholders, manufacturers, and investors with actionable intelligence to identify profitable prospects, optimize operations, and maintain a competitive edge in the industry.

How Can the Research Study Help your Business?

✔ The information presented in the Electronic Components report helps your decision makers to become prudent and make the best business choices.
✔ The report enables you to see the future of the global Electronic Components market and accordingly take decisions that will be in the best interest of your business.
✔ It offers you a forward-looking perspective of the global Electronic Components market drivers and how you can secure significant market gains in the near future.
✔ It provides SWOT analysis of the global Electronic Components market along with useful graphics and detailed statistics providing quick information about the market's overall progress throughout the forecast period.
✔ It also assesses the changing competitive dynamics of the global Electronic Components market using pin-point evaluation.

Key Questions Answered in the Report -

✔ What is the size and estimated growth rate of the global and regional Electronic Components market?
✔ Which countries are expected to display the strongest growth?
✔ Which region will dominate the market throughout the forecast period?
✔ What are the main factors driving or restraining market expansion?
✔ What technological advancements are shaping future demand?
✔ Where are the key opportunities for new entrants and established players?
✔ Which companies currently hold the highest market share?
✔ How will market dynamics evolve from 2025 to 2031?

Table of Contents - Major Key Points:

1 Market Overview
1.1 Electronic Components Product Introduction
1.2 Global Electronic Components Market Size Forecast (2020-2031)
1.3 Electronic Components Market Trends & Drivers
1.3.1 Electronic Components Industry Trends
1.3.2 Electronic Components Market Drivers & Opportunity
1.3.3 Electronic Components Market Challenges
1.3.4 Electronic Components Market Restraints
1.4 Assumptions and Limitations
1.5 Study Objectives
1.6 Years Considered
2 Competitive Analysis by Company
2.1 Global Electronic Components Players Revenue Ranking (2024)
2.2 Global Electronic Components Revenue by Company (2020-2025)
2.3 Key Companies Electronic Components Manufacturing Base Distribution and Headquarters
2.4 Key Companies Electronic Components Product Offered
2.5 Key Companies Time to Begin Mass Production of Electronic Components
2.6 Electronic Components Market Competitive Analysis
2.6.1 Electronic Components Market Concentration Rate (2020-2025)
2.6.2 Global 5 and 10 Largest Companies by Electronic Components Revenue in 2024
2.6.3 Global Top Companies by Company Type (Tier 1, Tier 2, and Tier 3) & (based on the Revenue in Electronic Components as of 2024)
2.7 Mergers & Acquisitions, Expansion
3 Segmentation by Type
3.1 Introduction by Type
3.1.1 Active Components
3.1.2 Passive Components
3.2 Global Electronic Components Sales Value by Type
3.2.1 Global Electronic Components Sales Value by Type (2020 VS 2024 VS 2031)
3.2.2 Global Electronic Components Sales Value, by Type (2020-2031)
3.2.3 Global Electronic Components Sales Value, by Type (%) (2020-2031)
4 Segmentation by Application
4.1 Introduction by Application
4.1.1 Automotive
4.1.2 Communications and Computing
4.1.3 Lighting
4.1.4 Industrial
4.1.5 Medical
4.1.6 Others
4.2 Global Electronic Components Sales Value by Application
4.2.1 Global Electronic Components Sales Value by Application (2020 VS 2024 VS 2031)
4.2.2 Global Electronic Components Sales Value, by Application (2020-2031)
4.2.3 Global Electronic Components Sales Value, by Application (%) (2020-2031)
5 Segmentation by Region
5.1 Global Electronic Components Sales Value by Region
5.1.1 Global Electronic Components Sales Value by Region: 2020 VS 2024 VS 2031
5.1.2 Global Electronic Components Sales Value by Region (2020-2025)
5.1.3 Global Electronic Components Sales Value by Region (2026-2031)
5.1.4 Global Electronic Components Sales Value by Region (%), (2020-2031)
5.2 North America
5.2.1 North America Electronic Components Sales Value, 2020-2031
5.2.2 North America Electronic Components Sales Value by Country (%), 2024 VS 2031
5.3 Europe
5.3.1 Europe Electronic Components Sales Value, 2020-2031
5.3.2 Europe Electronic Components Sales Value by Country (%), 2024 VS 2031
5.4 Asia Pacific
5.4.1 Asia Pacific Electronic Components Sales Value, 2020-2031
5.4.2 Asia Pacific Electronic Components Sales Value by Region (%), 2024 VS 2031
5.5 South America
5.5.1 South America Electronic Components Sales Value, 2020-2031
5.5.2 South America Electronic Components Sales Value by Country (%), 2024 VS 2031
5.6 Middle East & Africa
5.6.1 Middle East & Africa Electronic Components Sales Value, 2020-2031
5.6.2 Middle East & Africa Electronic Components Sales Value by Country (%), 2024 VS 2031
6 Segmentation by Key Countries/Regions
6.1 Key Countries/Regions Electronic Components Sales Value Growth Trends, 2020 VS 2024 VS 2031
6.2 Key Countries/Regions Electronic Components Sales Value, 2020-2031
6.3 United States
6.3.1 United States Electronic Components Sales Value, 2020-2031
6.3.2 United States Electronic Components Sales Value by Type (%), 2024 VS 2031
6.3.3 United States Electronic Components Sales Value by Application, 2024 VS 2031
6.4 Europe
6.4.1 Europe Electronic Components Sales Value, 2020-2031
6.4.2 Europe Electronic Components Sales Value by Type (%), 2024 VS 2031
6.4.3 Europe Electronic Components Sales Value by Application, 2024 VS 2031
6.5 China
6.5.1 China Electronic Components Sales Value, 2020-2031
6.5.2 China Electronic Components Sales Value by Type (%), 2024 VS 2031
6.5.3 China Electronic Components Sales Value by Application, 2024 VS 2031
6.6 Japan
6.6.1 Japan Electronic Components Sales Value, 2020-2031
6.6.2 Japan Electronic Components Sales Value by Type (%), 2024 VS 2031
6.6.3 Japan Electronic Components Sales Value by Application, 2024 VS 2031
6.7 South Korea
6.7.1 South Korea Electronic Components Sales Value, 2020-2031
6.7.2 South Korea Electronic Components Sales Value by Type (%), 2024 VS 2031
6.7.3 South Korea Electronic Components Sales Value by Application, 2024 VS 2031
6.8 Southeast Asia
6.8.1 Southeast Asia Electronic Components Sales Value, 2020-2031
6.8.2 Southeast Asia Electronic Components Sales Value by Type (%), 2024 VS 2031
6.8.3 Southeast Asia Electronic Components Sales Value by Application, 2024 VS 2031
6.9 India
6.9.1 India Electronic Components Sales Value, 2020-2031
6.9.2 India Electronic Components Sales Value by Type (%), 2024 VS 2031
6.9.3 India Electronic Components Sales Value by Application, 2024 VS 2031
7 Company Profiles
7.1 Texas Instruments
7.1.1 Texas Instruments Profile
7.1.2 Texas Instruments Main Business
7.1.3 Texas Instruments Electronic Components Products, Services and Solutions
7.1.4 Texas Instruments Electronic Components Revenue (US$ Million) & (2020-2025)
7.1.5 Texas Instruments Recent Developments
7.2 Analog Devices, Inc.
7.2.1 Analog Devices, Inc. Profile
7.2.2 Analog Devices, Inc. Main Business
7.2.3 Analog Devices, Inc. Electronic Components Products, Services and Solutions
7.2.4 Analog Devices, Inc. Electronic Components Revenue (US$ Million) & (2020-2025)
7.2.5 Analog Devices, Inc. Recent Developments
7.3 STMicroelectronics
7.3.1 STMicroelectronics Profile
7.3.2 STMicroelectronics Main Business
7.3.3 STMicroelectronics Electronic Components Products, Services and Solutions
7.3.4 STMicroelectronics Electronic Components Revenue (US$ Million) & (2020-2025)
7.3.5 STMicroelectronics Recent Developments
7.4 Infineon Technologies
7.4.1 Infineon Technologies Profile
7.4.2 Infineon Technologies Main Business
7.4.3 Infineon Technologies Electronic Components Products, Services and Solutions
7.4.4 Infineon Technologies Electronic Components Revenue (US$ Million) & (2020-2025)
7.4.5 Infineon Technologies Recent Developments
7.5 TE Connectivity
7.5.1 TE Connectivity Profile
7.5.2 TE Connectivity Main Business
7.5.3 TE Connectivity Electronic Components Products, Services and Solutions
7.5.4 TE Connectivity Electronic Components Revenue (US$ Million) & (2020-2025)
7.5.5 TE Connectivity Recent Developments
7.6 Panasonic
7.6.1 Panasonic Profile
7.6.2 Panasonic Main Business
7.6.3 Panasonic Electronic Components Products, Services and Solutions
7.6.4 Panasonic Electronic Components Revenue (US$ Million) & (2020-2025)
7.6.5 Panasonic Recent Developments
7.7 Onsemi
7.7.1 Onsemi Profile
7.7.2 Onsemi Main Business
7.7.3 Onsemi Electronic Components Products, Services and Solutions
7.7.4 Onsemi Electronic Components Revenue (US$ Million) & (2020-2025)
7.7.5 Onsemi Recent Developments
7.8 NXP Semiconductors
7.8.1 NXP Semiconductors Profile
7.8.2 NXP Semiconductors Main Business
7.8.3 NXP Semiconductors Electronic Components Products, Services and Solutions
7.8.4 NXP Semiconductors Electronic Components Revenue (US$ Million) & (2020-2025)
7.8.5 NXP Semiconductors Recent Developments
7.9 Vishay
7.9.1 Vishay Profile
7.9.2 Vishay Main Business
7.9.3 Vishay Electronic Components Products, Services and Solutions
7.9.4 Vishay Electronic Components Revenue (US$ Million) & (2020-2025)
7.9.5 Vishay Recent Developments
7.10 Chilisin Electronics (YAGEO)
7.10.1 Chilisin Electronics (YAGEO) Profile
7.10.2 Chilisin Electronics (YAGEO) Main Business
7.10.3 Chilisin Electronics (YAGEO) Electronic Components Products, Services and Solutions
7.10.4 Chilisin Electronics (YAGEO) Electronic Components Revenue (US$ Million) & (2020-2025)
7.10.5 Chilisin Electronics (YAGEO) Recent Developments
7.11 Murata
7.11.1 Murata Profile
7.11.2 Murata Main Business
7.11.3 Murata Electronic Components Products, Services and Solutions
7.11.4 Murata Electronic Components Revenue (US$ Million) & (2020-2025)
7.11.5 Murata Recent Developments
7.12 Microchip
7.12.1 Microchip Profile
7.12.2 Microchip Main Business
7.12.3 Microchip Electronic Components Products, Services and Solutions
7.12.4 Microchip Electronic Components Revenue (US$ Million) & (2020-2025)
7.12.5 Microchip Recent Developments
7.13 Amphenol
7.13.1 Amphenol Profile
7.13.2 Amphenol Main Business
7.13.3 Amphenol Electronic Components Products, Services and Solutions
7.13.4 Amphenol Electronic Components Revenue (US$ Million) & (2020-2025)
7.13.5 Amphenol Recent Developments
7.14 TDK Corporation
7.14.1 TDK Corporation Profile
7.14.2 TDK Corporation Main Business
7.14.3 TDK Corporation Electronic Components Products, Services and Solutions
7.14.4 TDK Corporation Electronic Components Revenue (US$ Million) & (2020-2025)
7.14.5 TDK Corporation Recent Developments
7.15 Samsung Electro-Mechanics
7.15.1 Samsung Electro-Mechanics Profile
7.15.2 Samsung Electro-Mechanics Main Business
7.15.3 Samsung Electro-Mechanics Electronic Components Products, Services and Solutions
7.15.4 Samsung Electro-Mechanics Electronic Components Revenue (US$ Million) & (2020-2025)
7.15.5 Samsung Electro-Mechanics Recent Developments
7.16 Omron
7.16.1 Omron Profile
7.16.2 Omron Main Business
7.16.3 Omron Electronic Components Products, Services and Solutions
7.16.4 Omron Electronic Components Revenue (US$ Million) & (2020-2025)
7.16.5 Omron Recent Developments
7.17 Taiyo Yuden
7.17.1 Taiyo Yuden Profile
7.17.2 Taiyo Yuden Main Business
7.17.3 Taiyo Yuden Electronic Components Products, Services and Solutions
7.17.4 Taiyo Yuden Electronic Components Revenue (US$ Million) & (2020-2025)
7.17.5 Taiyo Yuden Recent Developments
7.18 Kyocera
7.18.1 Kyocera Profile
7.18.2 Kyocera Main Business
7.18.3 Kyocera Electronic Components Products, Services and Solutions
7.18.4 Kyocera Electronic Components Revenue (US$ Million) & (2020-2025)
7.18.5 Kyocera Recent Developments
7.19 Skyworks
7.19.1 Skyworks Profile
7.19.2 Skyworks Main Business
7.19.3 Skyworks Electronic Components Products, Services and Solutions
7.19.4 Skyworks Electronic Components Revenue (US$ Million) & (2020-2025)
7.19.5 Skyworks Recent Developments
7.20 Littelfuse
7.20.1 Littelfuse Profile
7.20.2 Littelfuse Main Business
7.20.3 Littelfuse Electronic Components Products, Services and Solutions
7.20.4 Littelfuse Electronic Components Revenue (US$ Million) & (2020-2025)
7.20.5 Littelfuse Recent Developments
7.21 Nippon Chemi-Con
7.21.1 Nippon Chemi-Con Profile
7.21.2 Nippon Chemi-Con Main Business
7.21.3 Nippon Chemi-Con Electronic Components Products, Services and Solutions
7.21.4 Nippon Chemi-Con Electronic Components Revenue (US$ Million) & (2020-2025)
7.21.5 Nippon Chemi-Con Recent Developments
7.22 Molex (Koch)
7.22.1 Molex (Koch) Profile
7.22.2 Molex (Koch) Main Business
7.22.3 Molex (Koch) Electronic Components Products, Services and Solutions
7.22.4 Molex (Koch) Electronic Components Revenue (US$ Million) & (2020-2025)
7.22.5 Molex (Koch) Recent Developments
7.23 Sunlord Electronics
7.23.1 Sunlord Electronics Profile
7.23.2 Sunlord Electronics Main Business
7.23.3 Sunlord Electronics Electronic Components Products, Services and Solutions
7.23.4 Sunlord Electronics Electronic Components Revenue (US$ Million) & (2020-2025)
7.23.5 Sunlord Electronics Recent Developments
7.24 Delta Electronics
7.24.1 Delta Electronics Profile
7.24.2 Delta Electronics Main Business
7.24.3 Delta Electronics Electronic Components Products, Services and Solutions
7.24.4 Delta Electronics Electronic Components Revenue (US$ Million) & (2020-2025)
7.24.5 Delta Electronics Recent Developments
7.25 Microgate Technology
7.25.1 Microgate Technology Profile
7.25.2 Microgate Technology Main Business
7.25.3 Microgate Technology Electronic Components Products, Services and Solutions
7.25.4 Microgate Technology Electronic Components Revenue (US$ Million) & (2020-2025)
7.25.5 Microgate Technology Recent Developments
7.26 Fenghua Advanced Technology
7.26.1 Fenghua Advanced Technology Profile
7.26.2 Fenghua Advanced Technology Main Business
7.26.3 Fenghua Advanced Technology Electronic Components Products, Services and Solutions
7.26.4 Fenghua Advanced Technology Electronic Components Revenue (US$ Million) & (2020-2025)
7.26.5 Fenghua Advanced Technology Recent Developments
7.27 Hangzhou Silan Microelectronics
7.27.1 Hangzhou Silan Microelectronics Profile
7.27.2 Hangzhou Silan Microelectronics Main Business
7.27.3 Hangzhou Silan Microelectronics Electronic Components Products, Services and Solutions
7.27.4 Hangzhou Silan Microelectronics Electronic Components Revenue (US$ Million) & (2020-2025)
7.27.5 Hangzhou Silan Microelectronics Recent Developments
7.28 Jilin Sino-microelectronics
7.28.1 Jilin Sino-microelectronics Profile
7.28.2 Jilin Sino-microelectronics Main Business
7.28.3 Jilin Sino-microelectronics Electronic Components Products, Services and Solutions
7.28.4 Jilin Sino-microelectronics Electronic Components Revenue (US$ Million) & (2020-2025)
7.28.5 Jilin Sino-microelectronics Recent Developments
8 Industry Chain Analysis
8.1 Electronic Components Industrial Chain
8.2 Electronic Components Upstream Analysis
8.2.1 Key Raw Materials
8.2.2 Raw Materials Key Suppliers
8.2.3 Manufacturing Cost Structure
8.3 Midstream Analysis
8.4 Downstream Analysis (Customers Analysis)
8.5 Sales Model and Sales Channels
8.5.1 Electronic Components Sales Model
8.5.2 Sales Channel
8.5.3 Electronic Components Distributors
9 Research Findings and Conclusion
10 Appendix
10.1 Research Methodology
10.1.1 Methodology/Research Approach
10.1.1.1 Research Programs/Design
10.1.1.2 Market Size Estimation
10.1.1.3 Market Breakdown and Data Triangulation
10.1.2 Data Source
10.1.2.1 Secondary Sources
10.1.2.2 Primary Sources
10.2 Author Details
10.3 Disclaimer

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