Market Overview:
The global passive electric components 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, telecommunication, aerospace & defense, medical, automotive and industrial applications. Additionally, the growing trend of miniaturization and integration is also fueling the growth of this market. Based on type, capacitors accounted for the largest share in 2017 and are expected to maintain its dominance during the forecast period. Resistors are projected to be the fastest-growing type during 2018-2030 owing to their increasing use in various applications such as consumer electronics and automotive industry. Regionally, North America held a dominant position in 2017 followed by Europe and Asia Pacific respectively.
Product Definition:
A passive electric component is an electronic component that does not require a power supply to operate, but instead relies on the power supply of another circuit. Passive electric components are used to control the flow of electricity through a circuit and include resistors, capacitors, and inductors.
Capacitors:
A capacitor is an electrical component that stores energy in an electric field. It can be used as a replacement for resistors and inductors to improve the performance of electronic circuits. Capacitors are widely used in DC circuits, AC circuits, and electrolytic capacitors (EC). The most common application of capacitors is in circuit breakers (CB) to protect against short circuits caused by lightning strikes or other causes.
Resistors:
Resistors are electronic components that resist the flow of current in an electric circuit. The most common types of resistors used in passive electric components include carbon-film, ceramic, and metalized film.
Metalized film is a preferred type among all three types as it offers high resistance at a low cost. It also has wide applications including power supply units and printed circuit boards (PCB).
Application Insights:
The consumer electronics segment accounted for the largest market share in 2017 and is anticipated to maintain its dominance over the forecast period. The growth of this application can be attributed to increasing demand for energy-efficient products with improved performance characteristics from residential consumers, especially in developed regions such as North America and Europe.
Passive components are widely used across telecommunication applications owing to their ability to reduce power consumption by up to 75% when compared with traditional power amplifiers. This has led telecom service providers such as AT&T Inc., Verizon Communications Inc., Sprint Corporation, T-Mobile USA LLC, etc. towards investing in large scale deployment of renewable energy sources across their facilities so as not only minimize costs but also generate green electricity for surrounding communities through onsite solar panels or wind turbines installations.
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 consumer electronics and telecommunication products in countries such as China, India, Japan, South Korea, and Taiwan. Factors such as low manufacturing cost of passive components due to availability of cheap labor are attracting various players in these markets which will drive the overall APAC market growth over the next eight years.
The Europe passive electric components industry is anticipated to grow at a moderate pace owing to factors such as economic slowdown and rising unemployment rate in major countries including Germany and Italy among others.
Growth Factors:
- Increasing demand for electric vehicles
- Growing popularity of renewable energy sources
- Proliferation of smart grids and the internet of things (IoT)
- Rising concerns about climate change and air pollution
- Advances in semiconductor technology
Scope Of The Report
Report Attributes
Report Details
Report Title
Passive Electric Components Market Research Report
By Type
Capacitors, Resistors, Inductors
By Application
Consumer Electronics, Telecommunication, Aerospace & Defense, Medical, Automotive, Industrial
By Companies
API Delevan, Vishay, Bourns, Würth Elektronik, Chilisin, Coilcraft, Inc, Compostar Technology Co., Ltd., Cyntec, DARFON, Delta Electronics, Elektronische Bauelemente GmbH (EBG), Elna, Ever Ohms Technology Co., Ltd., EYANG, Fenghua Advanced Technology, Hokuriku Electric Industry Co., Ltd., HOLY STONE, Ice Components, Kemet, KOA, KYOCERA, Laird Technologies, Lelon Electronics Corp, Littelfuse, Maxwell, Mitsumi Electric, Murata, Murawa, Yageo, Viking Tech Corp, Nippon Chemi-Con Corporation, Panasonic, Pulse Electronics, Ralec Electronics Corp.
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
247
Number of Tables & Figures
173
Customization Available
Yes, the report can be customized as per your need.
Global Passive Electric Components Market Report Segments:
The global Passive Electric Components market is segmented on the basis of:
Types
Capacitors, Resistors, Inductors
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
Consumer Electronics, Telecommunication, Aerospace & Defense, Medical, Automotive, Industrial
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:
- API Delevan
- Vishay
- Bourns
- Würth Elektronik
- Chilisin
- Coilcraft, Inc
- Compostar Technology Co., Ltd.
- Cyntec
- DARFON
- Delta Electronics
- Elektronische Bauelemente GmbH (EBG)
- Elna
- Ever Ohms Technology Co., Ltd.
- EYANG
- Fenghua Advanced Technology
- Hokuriku Electric Industry Co., Ltd.
- HOLY STONE
- Ice Components
- Kemet
- KOA
- KYOCERA
- Laird Technologies
- Lelon Electronics Corp
- Littelfuse
- Maxwell
- Mitsumi Electric
- Murata
- Murawa
- Yageo
- Viking Tech Corp
- Nippon Chemi-Con Corporation
- Panasonic
- Pulse Electronics
- Ralec Electronics Corp.
Highlights of The Passive Electric Components 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:
- Capacitors
- Resistors
- Inductors
- By Application:
- Consumer Electronics
- Telecommunication
- Aerospace & Defense
- Medical
- Automotive
- Industrial
- 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 Electric Components 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 electric components are electronic devices that use electricity to power themselves, without the need for an external power source. Passive components typically include capacitors, inductors, and resistors.
Some of the major companies in the passive electric components market are API Delevan, Vishay, Bourns, W¼rth Elektronik, Chilisin, Coilcraft, Inc, Compostar Technology Co., Ltd., Cyntec, DARFON, Delta Electronics, Elektronische Bauelemente GmbH (EBG), Elna, Ever Ohms Technology Co., Ltd., EYANG, Fenghua Advanced Technology, Hokuriku Electric Industry Co., Ltd., HOLY STONE, Ice Components, Kemet, KOA, KYOCERA, Laird Technologies, Lelon Electronics Corp, Littelfuse, Maxwell, Mitsumi Electric, Murata, Murawa, Yageo, Viking Tech Corp, Nippon Chemi-Con Corporation, Panasonic, Pulse Electronics, Ralec Electronics Corp..
The passive electric components market is expected to grow at a compound annual growth rate of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Passive Electric Components 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 Electric Components Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Passive Electric Components 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 Electric Components 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 Electric Components Market Size & Forecast, 2018-2028
4.5.1 Passive Electric Components Market Size and Y-o-Y Growth
4.5.2 Passive Electric Components Market Absolute $ Opportunity
Chapter 5 Global Passive Electric Components 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 Electric Components Market Size Forecast by Type
5.2.1 Capacitors
5.2.2 Resistors
5.2.3 Inductors
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Passive Electric Components 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 Electric Components Market Size Forecast by Applications
6.2.1 Consumer Electronics
6.2.2 Telecommunication
6.2.3 Aerospace & Defense
6.2.4 Medical
6.2.5 Automotive
6.2.6 Industrial
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Passive Electric Components 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 Electric Components 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 Electric Components Analysis and Forecast
9.1 Introduction
9.2 North America Passive Electric Components 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 Electric Components Market Size Forecast by Type
9.6.1 Capacitors
9.6.2 Resistors
9.6.3 Inductors
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 Electric Components Market Size Forecast by Applications
9.10.1 Consumer Electronics
9.10.2 Telecommunication
9.10.3 Aerospace & Defense
9.10.4 Medical
9.10.5 Automotive
9.10.6 Industrial
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 Electric Components Analysis and Forecast
10.1 Introduction
10.2 Europe Passive Electric Components 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 Electric Components Market Size Forecast by Type
10.6.1 Capacitors
10.6.2 Resistors
10.6.3 Inductors
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 Electric Components Market Size Forecast by Applications
10.10.1 Consumer Electronics
10.10.2 Telecommunication
10.10.3 Aerospace & Defense
10.10.4 Medical
10.10.5 Automotive
10.10.6 Industrial
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 Electric Components Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Passive Electric Components 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 Electric Components Market Size Forecast by Type
11.6.1 Capacitors
11.6.2 Resistors
11.6.3 Inductors
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 Electric Components Market Size Forecast by Applications
11.10.1 Consumer Electronics
11.10.2 Telecommunication
11.10.3 Aerospace & Defense
11.10.4 Medical
11.10.5 Automotive
11.10.6 Industrial
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 Electric Components Analysis and Forecast
12.1 Introduction
12.2 Latin America Passive Electric Components 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 Electric Components Market Size Forecast by Type
12.6.1 Capacitors
12.6.2 Resistors
12.6.3 Inductors
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 Electric Components Market Size Forecast by Applications
12.10.1 Consumer Electronics
12.10.2 Telecommunication
12.10.3 Aerospace & Defense
12.10.4 Medical
12.10.5 Automotive
12.10.6 Industrial
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 Electric Components Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Passive Electric Components 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 Electric Components Market Size Forecast by Type
13.6.1 Capacitors
13.6.2 Resistors
13.6.3 Inductors
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 Electric Components Market Size Forecast by Applications
13.10.1 Consumer Electronics
13.10.2 Telecommunication
13.10.3 Aerospace & Defense
13.10.4 Medical
13.10.5 Automotive
13.10.6 Industrial
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 Electric Components Market: Competitive Dashboard
14.2 Global Passive Electric Components Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 API Delevan
14.3.2 Vishay
14.3.3 Bourns
14.3.4 Würth Elektronik
14.3.5 Chilisin
14.3.6 Coilcraft, Inc
14.3.7 Compostar Technology Co., Ltd.
14.3.8 Cyntec
14.3.9 DARFON
14.3.10 Delta Electronics
14.3.11 Elektronische Bauelemente GmbH (EBG)
14.3.12 Elna
14.3.13 Ever Ohms Technology Co., Ltd.
14.3.14 EYANG
14.3.15 Fenghua Advanced Technology
14.3.16 Hokuriku Electric Industry Co., Ltd.
14.3.17 HOLY STONE
14.3.18 Ice Components
14.3.19 Kemet
14.3.20 KOA
14.3.21 KYOCERA
14.3.22 Laird Technologies
14.3.23 Lelon Electronics Corp
14.3.24 Littelfuse
14.3.25 Maxwell
14.3.26 Mitsumi Electric
14.3.27 Murata
14.3.28 Murawa
14.3.29 Yageo
14.3.30 Viking Tech Corp
14.3.31 Nippon Chemi-Con Corporation
14.3.32 Panasonic
14.3.33 Pulse Electronics
14.3.34 Ralec Electronics Corp.
