Press release
Interconnects and Passive Components Market 2018 Global Leaders: Cisco Systems, AVX, Molex, Panasonic, Ametek, Amphenol, Delphi Automotive, Hubbell, Hirose Electric
Market Scenario:
Interconnect can be defined as an optical connection or cable which is used to connect two or more derives. Interconnect helps to bring two conductors by joining them electrically and mechanically with the terminals of electrical devices. Interconnects are passive electrical components of parts that contains two terminals that store energy in their magnetic flux. To understand Interconnects and Passive Components, a computer system can be an example where a cable connecting a hard drive or a monitor to a laptop or CPU is n interconnect whereas the inside components of a PCs are both interconnects and passive components.
The Global Market of Electronic Components which also includes interconnects and passive components is expected to rise in the coming years. Today, primary end users of interconnects and passive components are equipment manufacturers such as OEMs. High demand for the electronic components by the industries such as telecommunications, computing and consumer electronics is forcing the manufacturers to increase their productivity in order to meet the demand and this becomes the main market driver of interconnects and passive components.
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The global Interconnects and Passive Components market is expected to grow at USD ~211 billion by the end of year 2022 with ~6% of CAGR.
Regional Analysis:
Asia Pacific is dominating the market of Interconnects and Passive Components. High development in field of manufacturing industry and high presence of semiconductor manufacturing gives Asia-Pacific a competitive advantage over other regions. North America stands as second biggest market for Interconnects and Passive Components where U.S. is the major contributors in the market growth due to the growing telecommunication and IT industry. Asia-Pacific is also expected to be the fastest growing market during the forecast period. Development of Asian countries is inviting major big players to establish their business unit in Asian Countries.
Key Players
The prominent players in the Interconnects and Passive Components Market are – Cisco Systems, Inc. (U.S.), AVX Corporation (U.S.), Molex, LLC (U.S.), Panasonic Corporation (Japan), Ametek, Inc. (U.S.), Amphenol Corporation (U.S.), Delphi Automotive PLC (U.K.), Hubbell Incorporated (U.S.), Hirose Electric Co., Ltd. (Japan) and Hon Hai Precision Industry Co., Ltd., (U.S.) among others.
Segments
By Components
• Resistors & Inductors
• Diodes and Transformers
• PCBs (Printed Circuit Boards)
• Switches
• Relays
• Others
By Applications
• Consumer Electronics
• Information Technology
• Telecommunications
• Automotive
• Industrial
• Others
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Intended Audience
• Technology Providers
• Semiconductor Manufacturing Companies
• Semiconductor Distributors
• Consumer Electronic Manufacturers
• Consumer Electronic Suppliers
• Research Institutes
• Government
About Us:
At Market Research Future (MRFR), we enable our customers to unravel the complexity of various industries through our Cooked Research Report (CRR), Half-Cooked Research Reports (HCRR), Raw Research Reports (3R), Continuous-Feed Research (CFR), and Market Research & Consulting Services.
Media Contact:
Akash Anand,
Market Research Future
Office No. 528, Amanora Chambers
Magarpatta Road, Hadapsar,
Pune - 411028
Maharashtra, India
+1 646 845 9312
Email: akash.anand@marketresearchfuture.com
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