Market Overview:
The global passive component market is expected to grow at a CAGR of 5.5% from 2018 to 2030. The growth in the market can be attributed to the increasing demand for consumer electronics and automotive applications, and the growing trend of miniaturization in electronic devices. In terms of type, the capacitor segment is expected to lead the market during the forecast period, followed by resistor and inductor segments. In terms of application, telecom segment is expected to lead the market during 2018-2030 owing to increase in demand for smartphones and other wireless communication devices.
Product Definition:
A passive component is a component in an electronic circuit that does not consume power. The three most common types of passive components are resistors, capacitors, and inductors. Passive components are important because they help to control the flow of electricity through an electronic circuit.
Capacitor:
A capacitor is an electrical component that stores an electric charge. It can be used to store a large amount of energy in a small space, which makes it useful for applications such as batteries and electronic circuits. The global market for capacitors is expected to witness significant growth over the forecast period owing to its increasing usage in passive components including resistors, inductors and others along with its growing demand as far as electronics are concerned.
Resistor:
Resistor is an electrical component used to resist or impede the flow of electric current. It can be made from different materials such as ceramic, metal oxides, and carbon composites. The selection of a particular material for making a certain type of Resistor depends on its intended use.
Application Insights:
The telecom application segment accounted for the largest market share in 2016 and is projected to continue its dominance over the forecast period. The increasing demand for data transfer services, voice calls, and other communication applications is propelling the growth of this segment. Moreover, telecom companies are focusing on reducing their dependence on traditional technologies such as copper by using fiber-optic cables and wireless technology for signal distribution. This trend is expected to drive industry growth over the coming years.
Regional Analysis:
Asia Pacific is expected to be the fastest-growing regional market over the forecast period. The growth can be attributed to increasing demand for electronic products and components in countries, such as China, Japan, India, and South Korea. In addition, rising disposable income levels are anticipated to fuel the product demand in this region.
The Asia Pacific region is home to several key industry participants who have been aggressively expanding their production capacities across various segments of consumer electronics and industrial machinery. This has resulted in increased production volumes of passive components across this region which will further propel market growth over the next eight years.
Europe was estimated as a significant contributor towards overall revenue generation owing to high demand from automotive manufacturers for inductors used on account of their magnetic field properties that improve motor efficiency while reducing size.
Growth Factors:
- Increasing demand for miniaturization in electronic devices
- Proliferation of smart devices and the Internet of Things (IoT)
- Growing demand for high-performance and energy-efficient components
- Rising popularity of wearable technology
- Emergence of new applications requiring passive components
Scope Of The Report
Report Attributes
Report Details
Report Title
Passive Component Market Research Report
By Type
Capacitor, Resistor, Inductor
By Application
Telecom, Consumer Electronics, Industrial Machinery, Automotive
By Companies
AVX, Murata Manufacturing, Samsung Electro-Mechanics, TDK, TAIYO YUDEN, Fenghua (H.K) Electronics, KEMET, KYOCERA, Nichicon, Panasonic, AVX
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
149
Number of Tables & Figures
105
Customization Available
Yes, the report can be customized as per your need.
Global Passive Component Market Report Segments:
The global Passive Component market is segmented on the basis of:
Types
Capacitor, Resistor, Inductor
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Telecom, Consumer Electronics, Industrial Machinery, Automotive
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- AVX
- Murata Manufacturing
- Samsung Electro-Mechanics
- TDK
- TAIYO YUDEN
- Fenghua (H.K) Electronics
- KEMET
- KYOCERA
- Nichicon
- Panasonic
- AVX
Highlights of The Passive Component Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Capacitor
- Resistor
- Inductor
- By Application:
- Telecom
- Consumer Electronics
- Industrial Machinery
- Automotive
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Passive Component Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Passive components are electronic components that do not require an external power supply.
Some of the key players operating in the passive component market are AVX, Murata Manufacturing, Samsung Electro-Mechanics, TDK, TAIYO YUDEN, Fenghua (H.K) Electronics, KEMET, KYOCERA, Nichicon, Panasonic, AVX.
The passive component market is expected to register a CAGR of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Passive Component Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Passive Component Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Passive Component Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Passive Component Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Passive Component Market Size & Forecast, 2018-2028
4.5.1 Passive Component Market Size and Y-o-Y Growth
4.5.2 Passive Component Market Absolute $ Opportunity
Chapter 5 Global Passive Component Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Passive Component Market Size Forecast by Type
5.2.1 Capacitor
5.2.2 Resistor
5.2.3 Inductor
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Passive Component Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Passive Component Market Size Forecast by Applications
6.2.1 Telecom
6.2.2 Consumer Electronics
6.2.3 Industrial Machinery
6.2.4 Automotive
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Passive Component Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Passive Component Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Passive Component Analysis and Forecast
9.1 Introduction
9.2 North America Passive Component Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Passive Component Market Size Forecast by Type
9.6.1 Capacitor
9.6.2 Resistor
9.6.3 Inductor
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Passive Component Market Size Forecast by Applications
9.10.1 Telecom
9.10.2 Consumer Electronics
9.10.3 Industrial Machinery
9.10.4 Automotive
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Passive Component Analysis and Forecast
10.1 Introduction
10.2 Europe Passive Component Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Passive Component Market Size Forecast by Type
10.6.1 Capacitor
10.6.2 Resistor
10.6.3 Inductor
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Passive Component Market Size Forecast by Applications
10.10.1 Telecom
10.10.2 Consumer Electronics
10.10.3 Industrial Machinery
10.10.4 Automotive
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Passive Component Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Passive Component Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Passive Component Market Size Forecast by Type
11.6.1 Capacitor
11.6.2 Resistor
11.6.3 Inductor
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Passive Component Market Size Forecast by Applications
11.10.1 Telecom
11.10.2 Consumer Electronics
11.10.3 Industrial Machinery
11.10.4 Automotive
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Passive Component Analysis and Forecast
12.1 Introduction
12.2 Latin America Passive Component Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Passive Component Market Size Forecast by Type
12.6.1 Capacitor
12.6.2 Resistor
12.6.3 Inductor
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Passive Component Market Size Forecast by Applications
12.10.1 Telecom
12.10.2 Consumer Electronics
12.10.3 Industrial Machinery
12.10.4 Automotive
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Passive Component Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Passive Component Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Passive Component Market Size Forecast by Type
13.6.1 Capacitor
13.6.2 Resistor
13.6.3 Inductor
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Passive Component Market Size Forecast by Applications
13.10.1 Telecom
13.10.2 Consumer Electronics
13.10.3 Industrial Machinery
13.10.4 Automotive
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Passive Component Market: Competitive Dashboard
14.2 Global Passive Component Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 AVX
14.3.2 Murata Manufacturing
14.3.3 Samsung Electro-Mechanics
14.3.4 TDK
14.3.5 TAIYO YUDEN
14.3.6 Fenghua (H.K) Electronics
14.3.7 KEMET
14.3.8 KYOCERA
14.3.9 Nichicon
14.3.10 Panasonic
14.3.11 AVX
