Global Passive Electronic Components Market Growth (Status and Outlook) 2023-2029

Global Passive Electronic Components Market Growth (Status and Outlook) 2023-2029

The three basic passive electronic components are resistors, capacitors, and inductors. Other passive components include transformers, diodes, thermistors, varactors, transducers, and many other common components.
LPI (LP Information)' newest research report, the “Passive Electronic Components Industry Forecast” looks at past sales and reviews total world Passive Electronic Components sales in 2022, providing a comprehensive analysis by region and market sector of projected Passive Electronic Components sales for 2023 through 2029. With Passive Electronic Components sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Passive Electronic Components industry.
This Insight Report provides a comprehensive analysis of the global Passive 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 analyzes the strategies of leading global companies with a focus on Passive Electronic Components portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global Passive Electronic Components market.
This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Passive 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 Passive Electronic Components.
The global Passive Electronic Components market size is projected to grow from US$ 36590 million in 2022 to US$ 69250 million in 2029; it is expected to grow at a CAGR of 9.5% from 2023 to 2029.
Global key players of passive electronic components include Murata, TDK Corporation, etc. Global top 3 companies hold a share over 30%. China is the largest market, with a share over 40%, followed by Japan and Europe with the share about 15% and 10%. In terms of product, capacitor is the largest segment, with a share over 60%. And in terms of application, the largest application is consumer electronic, with a share about 50%.
This report presents a comprehensive overview, market shares, and growth opportunities of Passive Electronic Components market by product type, application, key players and key regions and countries.
Market Segmentation:
Segmentation by type
Capacitor
Resistor
Inductor
Segmentation by application
Consumer Electronics
Automotive
Industrial Applications
Defense & Military
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.
Murata
TDK Corporation
Samsung Electro-Mechanics
Taiyo Yuden Co., Ltd.
Yageo
Kyocera
Vishay
TE Connectivity Ltd.
Omron
Xiamen Faratronic Co., Ltd
Hunan Aihua Group
Sunlord Electronics
CCTC

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