According to a market report by Lucintel, the future of the global passive component market looks promising with opportunities in the IT & telecommunication, consumer electronic, automotive, and industrial machinery markets. The global passive component market is expected to reach an estimated $68,223 million by 2035 with a CAGR of 4.2% from 2025 to 2035. The major drivers for this market are the increasing use of iot devices & connected technologies, the rising demand for 5g infrastructure & communication systems, and the growing use for medical electronic equipment & devices.
A more
than 150-page report to understand trends, opportunity and forecast in global passive
component market to 2035 by product (capacitors, resistors, inductors, diode,
and transformers), end use (it & telecommunication, consumer electronics,
automotive, industrial machinery, and others), and region (North America,
Europe, Asia Pacific, and the Rest of the World).
Lucintel
forecasts that, within the product category, capacitor is expected to witness
higher growth over the forecast period.
Within the
end use category, consumer electronic is expected to witness the highest
growth.
Download
sample by clicking on passive component
market.
In terms
of region, APAC is expected to witness the highest growth over the forecast
period.
KEMET,
KYOCERA AVX Components, Murata Manufacturing, NICHICON, Nippon Chemi Con,
Panasonic, Ryosan, Samsung Electro Mechanics, TAIYO YUDEN, Yageo are the major
suppliers in the passive
component market.
This unique research
report will enable you to make confident business decisions in this globally
competitive marketplace. For a detailed table of contents, contact Lucintel at
+1-972-636-5056 or write us at helpdesk@lucintel.com. To get access of more than 1000 reports at fraction of cost
visit Lucintel's Analytics
Dashboard.
About Lucintel
At Lucintel, we offer solutions for
you growth through game changer ideas and robust market &
unmet needs analysis. We are based in
Dallas, TX and have been a trusted advisor for 1,000+ clients for over 20
years. We are quoted in several publications like the Wall Street Journal,
ZACKS, and the Financial Times.
Contact:
Roy Almaguer
Lucintel
Dallas, Texas, USA
Email: roy.almaguer@lucintel.com
Tel. +1-972-636-5056
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