PUBLISHER: Global Market Insights Inc. | PRODUCT CODE: 1535684
PUBLISHER: Global Market Insights Inc. | PRODUCT CODE: 1535684
Passive and Interconnecting Electronic Components Market - By Type (Passive, Interconnecting), By Application (Consumer Electronics, Automotive, Healthcare, IT & Telecom, Industrial, Aerospace & defense) & Forecast, 2024 - 2032
Global Passive and Interconnecting Electronic Components Market will show over 5% CAGR from 2024 to 2032, attributable to the surge on the Internet of Things (IoT) and smart devices. According to International Data Corporation (IDC) reports, there will be over 41.6 billion connected IoT devices globally by 2025, up from 30.9 billion in 2021, indicating a robust growth rate of 8.6% annually. As these devices become prevalent, there is a heightened need for advanced components that ensure reliable connectivity, energy efficiency, and signal integrity. The passive and interconnecting electronic components support complex networks and enhance the performance of smart devices. The need for seamless operation and efficiency of IoT applications is favoring the product demand.
Moreover, the proliferation of consumer electronics, automotive advancements, and the expansion of telecommunications infrastructure are propelling market growth. The push towards miniaturization and enhanced performance is leading to innovations in component design and materials.
The overall passive and interconnecting electronic components market is grouped based on type, application, and region.
The healthcare segment will expand significantly during the forecast period, because of the increasing integration of advanced medical devices and electronic health monitoring systems. Passive & interconnecting electronic components are crucial for ensuring accurate data transmission, reliable operation, and robust connectivity in medical devices such as diagnostic tools, imaging equipment, and wearable health monitors. As healthcare technology advances, there is a growing need for components that support high precision and stability, bolstering the product adoption.
The interconnecting electronic component segment will gain notable traction through 2032, owing to the increasing complexity of electronic systems and the need for reliable connections across various applications. As electronics become more sophisticated, the demand for high-performance interconnect solutions that ensure stable and efficient data transfer rises. The advancements in technology that require enhanced signal integrity and minimized interference, make interconnecting components essential for maintaining the performance of modern electronic systems.
North America passive and interconnecting electronic components market will record a remarkable CAGR between 2024 and 2032, because of the strong emphasis on technological innovation and advanced manufacturing. The proliferation of high-tech industries and the expansion of smart infrastructure projects are driving the need for reliable electronic components. Additionally, the focus on R&D, coupled with a robust electronics manufacturing sector, supports the adoption of these components. The region's strategic investments in technology and infrastructure contribute to a sustained demand for high-quality electronic components.
Table of Contents
Chapter 1 Methodology & Scope
- 1.1 Market scope & definition
- 1.2 Base estimates & calculations
- 1.3 Forecast calculation
- 1.4 Data Sources
- 1.4.1 Primary
- 1.4.2 Secondary
- 1.4.2.1 Paid sources
- 1.4.2.2 Public sources
Chapter 2 Executive Summary
- 2.1 Industry 360° synopsis, 2021 - 2032
- 2.2 Business trends
- 2.2.1 Total addressable market (TAM), 2024-2032
Chapter 3 Industry Insights
- 3.1 Industry ecosystem analysis
- 3.2 Vendor matrix
- 3.3 Profit margin analysis
- 3.4 Technology & innovation landscape
- 3.5 Patent analysis
- 3.6 Key news and initiatives
- 3.7 Regulatory landscape
- 3.8 Impact forces
- 3.8.1 Growth drivers
- 3.8.1.1 Rapid expansion of the consumer electronics industry
- 3.8.1.2 Increasing demand for advanced automotive electronics
- 3.8.1.3 Rise of the internet of things (IoT)
- 3.8.1.4 Proliferation of renewable energy solutions
- 3.8.1.5 Growing industrial automation
- 3.8.2 Industry pitfalls & challenges
- 3.8.2.1 High raw material costs
- 3.8.2.2 Environmental and sustainability concerns
- 3.8.1 Growth drivers
- 3.9 Growth potential analysis
- 3.10 Porter's analysis
- 3.10.1 Supplier power
- 3.10.2 Buyer power
- 3.10.3 Threat of new entrants
- 3.10.4 Threat of substitutes
- 3.10.5 Industry rivalry
- 3.11 PESTEL analysis
Chapter 4 Competitive Landscape, 2023
- 4.1 Introduction
- 4.2 Company market share analysis
- 4.3 Competitive positioning matrix
- 4.4 Strategic outlook matrix
Chapter 5 Market Estimates & Forecast, By Type, 2021-2032 (USD Billion and Units)
- 5.1 Key trends
- 5.2 Passive
- 5.2.1 Resistors
- 5.2.2 Capacitors
- 5.2.3 Inductors
- 5.2.4 Transformers
- 5.2.5 Others
- 5.3 Interconnecting
- 5.3.1 PCB
- 5.3.2 Connectors
- 5.3.3 Switches & relays
- 5.3.4 Others
Chapter 6 Market Estimates & Forecast, By Application, 2021-2032 (USD Billion and Units)
- 6.1 Key trends
- 6.2 Consumer electronics
- 6.3 Automotive
- 6.4 Healthcare
- 6.5 IT & telecom
- 6.6 Industrial
- 6.7 Aerospace & defense
- 6.8 Others
Chapter 7 Market Estimates & Forecast, By Region, 2021-2032 (USD Billion and Units)
- 7.1 Key trends
- 7.2 North America
- 7.2.1 U.S.
- 7.2.2 Canada
- 7.3 Europe
- 7.3.1 UK
- 7.3.2 Germany
- 7.3.3 France
- 7.3.4 Italy
- 7.3.5 Spain
- 7.3.6 Rest of Europe
- 7.4 Asia Pacific
- 7.4.1 China
- 7.4.2 India
- 7.4.3 Japan
- 7.4.4 South Korea
- 7.4.5 ANZ
- 7.4.6 Rest of Asia Pacific
- 7.5 Latin America
- 7.5.1 Brazil
- 7.5.2 Mexico
- 7.5.3 Rest of Latin America
- 7.6 MEA
- 7.6.1 UAE
- 7.6.2 South Africa
- 7.6.3 Saudi Arabia
- 7.6.4 Rest of MEA
Chapter 8 Company Profiles
- 8.1 Ametek Inc.
- 8.2 Amphenol Corporation
- 8.3 AVX Corporation
- 8.4 Fenghua (HK) Electronics Ltd.
- 8.5 Fujitsu Component Limited
- 8.6 Hirose Electric Co. Ltd
- 8.7 Hosiden Corporation
- 8.8 KEMET Corporation
- 8.9 Molex Incorporated
- 8.10 Murata Manufacturing Co., Ltd.
- 8.11 Nichicon Corporation
- 8.12 Panasonic Corporation
- 8.13 Rohm Co., Ltd.
- 8.14 Samsung Electro-Mechanics Co., Ltd.
- 8.15 Taiyo Yuden Co., Ltd.
- 8.16 TDK Corporation
- 8.17 TE Connectivity Ltd.
- 8.18 Toyo Connectors
- 8.19 TT Electronics PLC
- 8.20 United Chemi-Con
- 8.21 Vishay Intertechnology, Inc.
- 8.22 Walsin Technology Corporation
- 8.23 Yageo Corporation
