The interconnect and passive components market size is expected to see strong growth in the next few years. It will grow to $257.57 billion in 2028 at a compound annual growth rate (CAGR) of 6.2%. The growth in the forecast period can be attributed to 5g network rollout, electric vehicle (ev) revolution, internet of things (iot) expansion, growing aerospace and defense. Major trends in the forecast period include miniaturization and technology advancements, high-frequency and rf components, sustainable and eco-friendly components, customization and modular designs developments.
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Segmentation & Regional Insights
The interconnect and passive components market covered in this report is segmented –
1) By Product: Passive Components; Interconnects
2) By Application: Consumer Electronics; Data Processing; Telecommunication; Military And Aerospace; Automotive; Industrial; Healthcare
Asia-Pacific was the largest region in the interconnect and passive components market in 2023. The regions covered in interconnect and passive components market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa.
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Major Driver Impacting Market Growth
The increasing production of consumer electronics is expected to propel the growth of the interconnect and passive components market going forward. Consumer electronics refers to electronic devices and gadgets designed for personal use by individuals for entertainment, communication, productivity and other everyday purposes. Consumer electronics production will fuel the need for interconnect and passive components as they enable seamless connectivity, miniaturization and enhanced functionality within consumer electronic devices, meeting the demands of modern product complexity and integration. For instance, in May 2023, according to the Japan Electronics and Information Technology Industries Association, a Japan-based trade association, the total electronic equipment production in Japan accounted for $6,722 million (¥771,457 million). In addition, consumer electronics production reached $280 million (¥ 32,099 million) in May 2023, compared to $230.9 million (¥25,268 million) in May 2022. Therefore, increasing the production of consumer electronics will drive the growth of the interconnect and passive component market.
Key Industry Players
Major players in the interconnect and passive components market are Foxconn Electronics Inc., Nichicon Corporation, Koch Industries Inc., Panasonic Corporation, Cisco Systems Inc., KYOCERA AVX Components Corporation, TE Connectivity Corporation, TDK Corporation, Molex Incorporated, YAZAKI Corporation, Amphenol Corporation, Murata Manufacturing Co. Ltd., Samsung Electro-Mechanics Co. Ltd., AMETEK Inc., Hubbell Inc., Delphi Technologies PLC, Yageo Corporation, Vishay Intertechnology Inc., Bourns Inc., Taiyo Yuden Co. Ltd., Japan Aviation Electronics Industry Ltd., KEMET Electronics Corporation, HIROSE ELECTRIC CO., Sumida Corporation, TT Electronics PLC, Rubycon Corporation, Pulse Electronics Corporation, J.S.T. Mfg. Co., Chogori Technology Co. Ltd., Zeeteq Electronics Co. Ltd. .
The interconnect and passive components market report table of contents includes:
- Executive Summary
- Interconnect And Passive Components Market Characteristics
- Interconnect And Passive Components Market Trends And Strategies
- Interconnect And Passive Components Market - Macro Economic Scenario
- Global Interconnect And Passive Components Market Size and Growth
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- Global Interconnect And Passive Components Market Competitive Benchmarking
- Global Interconnect And Passive Components Market Competitive Dashboard
- Key Mergers And Acquisitions In Interconnect And Passive Components Market
- Interconnect And Passive Components Market Future Outlook and Potential Analysis
- Appendix
Top Major Players :
- Foxconn Electronics Inc.
- Nichicon Corporation
- Koch Industries Inc.
- Panasonic Corporation
- Cisco Systems Inc.
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Interconnects Passive Components Market Insights 2019, Global and Chinese Scenario is a professional and in-depth study on the current state of the global Interconnects Passive Components industry with a focus on the Chinese market.
The report provides key statistics on the market status of the Interconnects Passive Components manufacturers and is a valuable source of guidance and direction for companies and individuals interested in the industry.Overall, the report provides an in-depth insight of 2014-2024 global and Chinese Interconnects Passive Components market covering all important parameters.The key ponits of the report:The report provides a basic overview of the industry including its definition, applications and manufacturing technology.The report explores the international and Chinese major industry players in detail.
In this part, the report presents the company profile, product specifications, capacity, production value, and 2014-2019 market shares for each company.Through the statistical analysis, the report depicts the global and Chinese total market of Interconnects Passive Components industry including capacity, production, production value, cost/profit, supply/demand and Chinese import/export.The total market is further divided by company, by country, and by application/type for the competitive landscape analysis.The report then estimates 2019-2024 market development trends of Interconnects Passive Components industry.
Analysis of upstream raw materials, downstream demand, and current market dynamics is also carried out.The report makes some important proposals for a new project of Interconnects Passive Components Industry before evaluating its feasibility.Critical Questions Addressed by the ReportWhat are the current trends that are driving the Interconnects Passive Components market?Where will all these developments take the industry in the mid- to long-term?Who are the top vendors in the Interconnects Passive Components market and what is their competitive analysis?How is adoption of Interconnects Passive Components solutions among different industries?How is the adoption of Interconnects Passive Components solutions among different regions?Report Sample includes:- Table of Contents- List of Tables & Figures- Charts- Research MethodologyGet FREE Sample of this Report at https://www.24marketreports.com/report-sample/global-interconnects-passive-components-2019-2024-631There are 3 key segments covered in this report: competitor segment, product type segment, end use/application segment.For competitor segment, the report includes global key players of Interconnects Passive Components as well as some small players.The information for each competitor includes: Company Profile Main Business Information SWOT Analysis Sales, Revenue, Price and Gross Margin Market ShareFor product type segment, this report listed main product type of Interconnects Passive Components market in gloabal and china.
Product Type I Product Type II Product Type IIIFor end use/application segment, this report focuses on the status and outlook for key applications.
Application I Application II Application IIIReasons to Purchase this Report: Estimates 2019-2024 Interconnects Passive Components market development trends with the recent trends and SWOT analysis Market dynamics scenario, along with growth opportunities of the market in the years to come Market segmentation analysis including qualitative and quantitative research incorporating the impact of economic and policy aspects Regional and country level analysis integrating the demand and supply forces that are influencing the growth of the market.
