Passive Electronic Components Market Report

Passive Electronic Components Market Insights

Passive Electronic Components Market is likely to witness a CAGR of 4.0% during the forecast period. Rapid growth in digitalization along with increased connectivity and mobility demand is giving rise to the complexity of electronics, fueling the growth of the passive electronic components market during the forecast period.

Market Share Analysis

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Passive Electronic Components Market Share: By Inductors Type

Based on the inductors type, the market is segmented as consumer electronics and automotive. Consumer electronics is estimated to be the larger consumer of inductors in the market during the forecast period, owing to various applications of inductor, such as filters in the circuits to cut off frequencies, for power supply in several complex circuits, and for managing current. Shifting trends toward connected and smart devices are going to lead to an increased circuitry, generating an increased demand for inductors in consumer goods, such as television sets, computing devices, and wearable devices which keep a constant demand for inductors, fueling the segment growth over the forecast period.

Passive Electronic Components Market Share: By Region

In terms of regions, Asia-Pacific is estimated to be the dominant region in the market with India, China, Japan, and South Korea being the major countries with lucrative growth opportunities owing to the presence of several market players in the region. Factors, such as technological enhancements, exponential growth of smartphones in the region along with growing number of smartphone users in the regional countries, and smart city initiatives boosting the digitalization growth are expected to fuel the growth of the regional market over the forecast period. North America and Europe are also expected to offer substantial; growth opportunities in the market during the forecast period.

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Some of the key players in the passive electronic components market are-

• AVX Corporation
• Eaton Corporation
• KEMET Corporation
• Murata Manufacturing Co. Ltd.
• Panasonic Corporation
• Taiyo Yuden Co. Ltd.
• TDK Corporation
• TE Connectivity Ltd.
• Vishay Intertechnology Inc.
• Yageo Corporation.

Market Scope & Segmentation

Passive electronic components don’t require any external power supply to operate, except for the available alternating current circuit to which they are connected. These components don’t have the capability to control electric current by means of any other electrical signal and are not a source of energy.

This report studies the market covering a period of 12 years of trend and forecast. The report provides detailed insights into the market dynamics to enable informed business decision making and growth strategy formulation based on the opportunities present in the market.

The passive electronic components market is segmented into the following categories.

Passive Electronic Components Market Size, Share, & Forecast, by Inductors Type:

• Consumer Electronics
  • (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
  • (Inductor Type Analysis: Smartphone, Household Appliances, Computers, and Others)
• Automotive (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)

Passive Electronic Components Market Size, Share, & Forecast, by Capacitors Type:

• Consumer Electronics
  • (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
  • (Capacitor Type Analysis: Smartphones, Cameras, Computers, and Others)
• Automotive (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)

Passive Electronic Components Market Size, Share, & Forecast, by Resistor Type:

• Consumer Electronics
  • (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
  • (Resistor Type Analysis: Computers/PCs/Notebooks, Consumer AV, and Others)
• Automotive (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)

Passive Electronic Components Market Size, Share, & Forecast, by Region:

• North America (Country Analysis: the USA, Canada, and Mexico) 
• Europe (Country Analysis: Germany, France, the UK, Russia, Spain, and Rest of Europe)
• Asia-Pacific (Country Analysis: China, Japan, India, South Korea, and Rest of Asia-Pacific)
• Rest of the World (Sub-Region Analysis: Latin America, the Middle East, and Others)

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Research Methodology

This report offers high-quality insights and is the outcome of detailed research methodology comprising extensive secondary research, rigorous primary interviews with industry stakeholders and validation and triangulation with Stratview Research’s internal database and statistical tools. More than 1,000 authenticated secondary sources, such as company annual reports, fact book, press release, journals, investor presentation, white papers, patents, and articles have been leveraged to gather the data. We conducted more than 10 detailed primary interviews with the market players across the value chain in all four regions and with industry experts to obtain both the qualitative and quantitative insights.

Report Features

This report provides market intelligence in the most comprehensive way. The report structure has been kept such that it offers maximum business value. It provides critical insights into the market dynamics and will enable strategic decision making for the existing market players as well as those willing to enter the market. The following are the key features of the report:

• Market structure: Overview, industry life cycle analysis, supply chain analysis
• Market environment analysis: Growth drivers and constraints, Porter’s five forces analysis, SWOT analysis
• Market trend and forecast analysis
• Market segment trend and forecast
• Competitive landscape and dynamics: Market share, product portfolio, product launches, etc.
• Attractive market segments and associated growth opportunities
• Emerging trends
• Strategic growth opportunities for the existing and new players
• Key success factors

Report Customization Options

With this detailed report, Stratview Research offers one of the following free customization options to our respectable clients:

Company Profiling

• Detailed profiling of additional market players (up to 3 players)
• SWOT analysis of key players (up to 3 players)

Market Segmentation

• Current market segmentation of any one of the inductor types by resistor type.  

Competitive Benchmarking

• Benchmarking of key players on the following parameters: Product portfolio, geographical reach, regional presence, and strategic alliances

Custom Research: Stratview Research offers custom research services across sectors. In case of any custom research requirement related to market assessment, competitive benchmarking, sourcing and procurement, target screening, and others, please send your inquiry at sales@stratviewresearch.com.