Global Electronic Components Market Growth (Status and Outlook) 2025-2031

Global Electronic Components Market Growth (Status and Outlook) 2025-2031

The global Electronic Components market size is predicted to grow from US$ 515680 million in 2025 to US$ 672030 million in 2031; it is expected to grow at a CAGR of 4.5% from 2025 to 2031.

Electronic components are the basic units that make up electronic devices and circuits, and are widely used in various electronic products, including computers, communication equipment, household appliances, medical instruments, etc. They have different functions, mainly including input, output, storage, processing and conversion of electrical signals. Common electronic components include resistors, capacitors, diodes, transistors, integrated circuits, etc. These components form complex circuits through different connections and combinations to achieve specific functions.

There are many types of electronic components, which can be divided into active components and passive components according to their functions. Active components such as transistors and integrated circuits can provide functions such as amplification and switching, while passive components such as resistors and capacitors are mainly used to limit current and store electrical energy. With the advancement of science and technology, the integration of electronic components continues to increase, the size becomes smaller, and the performance is improved, which has promoted the development of portable and intelligent devices.

In modern industry, the application of electronic components has penetrated into various fields, such as automation control, consumer electronics, communication technology, energy management and medical equipment. The reliability and performance of these components directly affect the overall performance and safety of the equipment. Therefore, the design, manufacturing and testing process of electronic components is crucial, involving knowledge of multiple disciplines such as materials science, engineering and physics.

In recent years, the global smartphone market has expanded rapidly, and the electronic components industry will still have a certain increase in the future. The growth in shipments of terminal electronic products represented by mobile phones will have a positive effect on the growth in sales of electronic components. At the same time, the upgrading of consumer electronics products, the introduction of new technologies and the application of 5G will increase the use of electronic components in a single product, further expanding the market size of electronic components.

Due to the low labor cost and the rapid development of downstream mobile phones, automobiles and other application fields, major global electronic component manufacturers have set up production plants in mainland China, driving the improvement of mainland electronic component production capacity and technology, and promoting the transfer of production capacity to the mainland.

In the future, electronic components will be more intelligent and integrated, and play an important role in sustainable development and environmental protection, helping scientific and technological progress and social development.

LPI (LP Information)' newest research report, the “Electronic Components Industry Forecast” looks at past sales and reviews total world Electronic Components sales in 2024, providing a comprehensive analysis by region and market sector of projected Electronic Components sales for 2025 through 2031. With Electronic Components sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Electronic Components industry.

This Insight Report provides a comprehensive analysis of the global Electronic Components landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyses the strategies of leading global companies with a focus on Electronic Components portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global Electronic Components market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Electronic Components and breaks down the forecast by Type, by Application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Electronic Components.

This report presents a comprehensive overview, market shares, and growth opportunities of Electronic Components market by product type, application, key players and key regions and countries.

Segmentation by Type:
Active components
Passive components
Electromechanical

Segmentation by Application:
Automotive
Communications and Computing
Lighting
Industrial
Medical
Security Application
Others

This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries

The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
Texas Instruments
Murata
ABB
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
Hangzhou Silan Microelectronics
Focus Lightings Tech
Goertek Inc.
China Eagle Electronic Technology
Lingyi iTech
Jilin Sino-microelectronics

Please note: The report will take approximately 2 business days to prepare and deliver.