Active And Passive Electronic Components Market - Growth, Trends, Covid-19 Impact, And Forecasts (2023 - 2028)
The Active and Passive Electronic Components Market is expected to witness growth at a CAGR of 7.65% over the forecast period (2022- 2027). The COVID-19 pandemic has led to enormous disruptions in supply chains across industries globally, due to which many businesses worldwide halted or reduced operations to help combat the spread of the virus. The pandemic has impacted the active and passive electronic components market, leading to disruptions across the supply chain, both in terms of component production and raw material production.
Key HighlightsThe global active and passive electronic components market is fragmented due to several market players globally. The market players are making several product developments and innovations to capture the maximum market share. Moreover, the market players are considering strategic partnerships and investments to gain maximum market traction.
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