Overview of Segmentation, Market Dynamics, and Competitive Landscape in the Electrical and Electronics Components Market

The electrical and electronics components sector is on the brink of significant expansion as technological advancements continue to accelerate. With increasing reliance on sophisticated systems and devices, the market is set to experience substantial growth through the end of the decade. Let's explore the key details about its size, major players, ongoing trends, and segment breakdowns shaping this industry.

Forecasted Market Growth and Size Outlook for Electrical And Electronics Components
The market for electrical and electronics components is projected to grow rapidly in the coming years, reaching a valuation of $122.16 billion by 2030. This reflects a robust compound annual growth rate (CAGR) of 10.9%. The anticipated expansion is driven by several factors including a surge in the use of advanced semiconductor components, the rise of high-performance computing materials, and the growing demand for smaller, more compact components. Additionally, the increase in electric vehicle (EV) and autonomous vehicle electronics, along with the development of energy-efficient electronic systems, are contributing significantly to this growth. Key trends expected to influence the market include the adoption of intelligent manufacturing systems for electronic components, the progress in secure cyber-ecosystems for components, the use of IoT-enabled monitoring, AI-powered optimization, and the expanding role of robotics in component handling.

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Dominant Companies Leading the Electrical And Electronics Components Market
Several major corporations hold influential positions within the electrical and electronics components market. These include Infineon Technologies AG, NXP Semiconductors NV, Texas Instruments Inc., Toshiba Corporation, Panasonic Corporation, Advanced Micro Devices Inc., Intel Corporation, Maxim Integrated Products Inc., Broadcom Inc., Qualcomm Inc., Analog Devices Inc., Microchip Technology Inc., Monolithic Power Systems Inc., Renesas Electronics Corporation, STMicroelectronics NV, Cypress Semiconductor Corporation, Tokyo Denki Kagaku Kogyo K.K., Vishay Intertechnology Inc., TE Connectivity Ltd., Smiths Interconnect Inc., Yamaichi Electronics Co Ltd., Enplas Corporation, Leeno Industrial Inc., Idem Safety Switches Ltd., EUCHNER GmbH + Co KG, Eaton Corporation plc, Schneider Electric SE, American Connectors Inc., Amphenol Industrial Products Group, Thomas & Betts Corporation, Mitsubishi Electric Corporation, and Siemens AG.

Significant Acquisition Strengthening Market Presence
In November 2023, US-based TransDigm Group Incorporated, a manufacturer specializing in aerospace and defense components, acquired the Electron Device Business of Communications & Power Industries (CPI) for roughly $1.385 billion. This strategic move enhances TransDigm's hold on the aerospace and defense electronics segment by incorporating CPI's advanced electronic components and subsystems. CPI is known for producing RF and microwave devices utilized in radar systems, electronic warfare, and satellite communications, further boosting TransDigm's portfolio in critical defense technologies.

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Emerging Trends Shaping the Electrical And Electronics Components Market
Leading companies in this sector are focusing on innovative protection devices, especially resettable electronic fuses (eFuses), to satisfy the increasing need for reliable power management and circuit protection in automotive, industrial, and data center applications. An eFuse integrates multiple protection features such as over-current, over-voltage, and thermal shutdown into a single semiconductor chip that can reset itself, offering enhanced safety and functionality compared to standard one-time fuses.

For example, in July 2024, Nexperia, a semiconductor firm based in the Netherlands, introduced the NPS3102A/B family of high-current eFuses. These products come with a low on-resistance of approximately 17 milliohms and support current ratings up to 13.5 amperes. They offer adjustable current limits ranging from 2 to 13.5 amperes, a wide input voltage range between roughly 9 and 18 volts (up to 21 volts maximum), and selectable fault responses such as latch-off or automatic retry. Designed for use in 12-volt systems like servers, solid-state drives (SSDs), and 5G base stations, these eFuses enhance reliability, reduce board space requirements, and lower total solution costs when compared to conventional MOSFET plus thermal fuse configurations.

Comprehensive Segmentation of the Electrical And Electronics Components Market
This market can be divided into several key categories:
1) By Type: Passive components, Active components, and Electromechanical components.
2) By End User: Consumer electronics, Networking and telecommunication, Automotive, Manufacturing, Aerospace and defense, Healthcare, and other sectors.
3) By Application: Power management, Signal processing, Data transmission and communication, Control and automation, and additional applications.

Further subdivisions include:
- Passive components such as resistors, capacitors, inductors, filters, and transformers.
- Active components including diodes, transistors, integrated circuits (ICs), operational amplifiers, and voltage regulators.
- Electromechanical components like relays, switches, connectors, circuit breakers, and motors.

This detailed segmentation allows for targeted analysis of market dynamics and opportunities across various industries and technologies.

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This release was published on openPR.