Active and Passive Electronic Component Market was valued at USD 450 Billion in 2022 and is projected to reach USD 650 Billion by 2030, growing at a CAGR of 5.2% from 2024 to 2030.
The global active and passive electronic component market was valued at approximately $600 billion in 2022, with the active components segment accounting for a significant portion of this figure. The market is projected to grow at a compound annual growth rate (CAGR) of 6.5% from 2022 to 2030, driven by increasing demand in consumer electronics, automotive, and industrial applications. Active components, including semiconductors and integrated circuits, are anticipated to experience robust growth due to advancements in technology and the rising trend of miniaturization in electronic devices. Meanwhile, passive components, such as capacitors, resistors, and inductors, are also expected to see substantial growth, with a CAGR of 5.8% over the same period, as they are critical in supporting the performance and reliability of electronic systems.
Opportunity analysis for the market reveals a burgeoning potential in emerging regions and technology sectors. The rapid expansion of the Internet of Things (IoT), automotive electronics, and renewable energy solutions are creating new avenues for growth. Emerging markets in Asia-Pacific and Latin America are projected to offer significant opportunities due to increasing industrialization and urbanization. Additionally, advancements in 5G technology and the growing demand for smart devices are expected to further drive market expansion. With the continuous evolution of electronic technologies, both active and passive electronic components will play a crucial role in meeting future demands and enhancing technological innovations.
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Texas Instruments
Murata
STMicroelectronics
NXP Semiconductors
Kyocera
Omron
Amphenol
ON Semiconductor
Infineon Technologies
Samsung Electro-Mechanics
TDK Corporation
Analog Devices
Inc.
Molex
Vishay
Qorvo
Nippon Mektron
Vectron
Yageo
Skyworks
Taiyo Yuden Co.
Ltd.
Eaton Corp.
TE Connectivity Ltd.
Littelfuse
Panasonic Corporation
KEMET
Nippon Chemi-Con
Microchip
By the year 2030, the scale for growth in the market research industry is reported to be above 120 billion which further indicates its projected compound annual growth rate (CAGR), of more than 5.8% from 2023 to 2030. There have also been disruptions in the industry due to advancements in machine learning, artificial intelligence and data analytics There is predictive analysis and real time information about consumers which such technologies provide to the companies enabling them to make better and precise decisions. The Asia-Pacific region is expected to be a key driver of growth, accounting for more than 35% of total revenue growth. In addition, new innovative techniques such as mobile surveys, social listening, and online panels, which emphasize speed, precision, and customization, are also transforming this particular sector.
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Growing demand for below applications around the world has had a direct impact on the growth of the Global Active and Passive Electronic Component Market
Automotive
Communications
Lighting
Industrial
Medical
Others
Based on Types the Market is categorized into Below types that held the largest Active and Passive Electronic Component market share In 2023.
Transistor
Diode
Resistor
Capacitor
Inductor
Transducer
Others
Global (United States, Global and Mexico)
Europe (Germany, UK, France, Italy, Russia, Turkey, etc.)
Asia-Pacific (China, Japan, Korea, India, Australia, Indonesia, Thailand, Philippines, Malaysia and Vietnam)
South America (Brazil, Argentina, Columbia, etc.)
Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)
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1. Introduction of the Global Active and Passive Electronic Component Market
Overview of the Market
Scope of Report
Assumptions
2. Executive Summary
3. Research Methodology of Verified Market Reports
Data Mining
Validation
Primary Interviews
List of Data Sources
4. Global Active and Passive Electronic Component Market Outlook
Overview
Market Dynamics
Drivers
Restraints
Opportunities
Porters Five Force Model
Value Chain Analysis
5. Global Active and Passive Electronic Component Market, By Type
6. Global Active and Passive Electronic Component Market, By Application
7. Global Active and Passive Electronic Component Market, By Geography
Global
Europe
Asia Pacific
Rest of the World
8. Global Active and Passive Electronic Component Market Competitive Landscape
Overview
Company Market Ranking
Key Development Strategies
9. Company Profiles
10. Appendix
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