Global Passive and Interconnecting Electronic Components
Market Report
2025
The global Passive and Interconnecting Electronic Components Market size will be USD 172514.2 million in 2024. The rising financial sources and technological advancement is expected to boost sales to USD 2459913038.0548 million by 2031, with a Compound Annual Growth Rate (CAGR) of 5.20% from 2024 to 2031.
The base year for the calculation is 2024. The historical will be 2021 to 2024. The year 2025 will be estimated one while the forecasted data will be from year 2025 to 2033. When we deliver the report that time we updated report data till the purchase date.
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According to Cognitive Market Research, the global passive and interconnecting electronic components market size will be USD 172514.2 million in 2024. It will expand at a compound annual growth rate (CAGR) of 5.20% from 2024 to 2031.
2024 | 2025 | 2032 | 2033 | CAGR | |
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Global Passive and Interconnecting Electronic Components Market Sales Revenue | $ 172514 Million | 121212 | 121212 | 121212 | 5.2% |
North America Passive and Interconnecting Electronic Components Market Sales Revenue | $ 69005.7 Million | 121212 | 121212 | 121212 | 3.4% |
Mexico Passive and Interconnecting Electronic Components Market Sales Revenue | $ 6279.52 Million | 121212 | 121212 | 121212 | 3.9% |
Canada Passive and Interconnecting Electronic Components Market Sales Revenue | $ 8280.68 Million | 121212 | 121212 | 121212 | 4.2% |
United States Passive and Interconnecting Electronic Components Market Sales Revenue | $ 54445.5 Million | 121212 | 121212 | 121212 | 3.2% |
Europe Passive and Interconnecting Electronic Components Market Sales Revenue | $ 51754.3 Million | 121212 | 121212 | 121212 | 3.7% |
Spain Passive and Interconnecting Electronic Components Market Sales Revenue | $ 4243.85 Million | 121212 | 121212 | 121212 | 2.8% |
United Kingdom Passive and Interconnecting Electronic Components Market Sales Revenue | $ 8694.72 Million | 121212 | 121212 | 121212 | 4.5% |
Russia Passive and Interconnecting Electronic Components Market Sales Revenue | $ 8021.91 Million | 121212 | 121212 | 121212 | 2.7% |
Italy Passive and Interconnecting Electronic Components Market Sales Revenue | $ 4450.87 Million | 121212 | 121212 | 121212 | 3.1% |
Germany Passive and Interconnecting Electronic Components Market Sales Revenue | $ 10247.3 Million | 121212 | 121212 | 121212 | 3.9% |
France Passive and Interconnecting Electronic Components Market Sales Revenue | $ 4761.39 Million | 121212 | 121212 | 121212 | 2.9% |
Rest of Europe Passive and Interconnecting Electronic Components Market Sales Revenue | $ 8021.91 Million | 121212 | 121212 | 121212 | 2.4% |
Asia Pacific Passive and Interconnecting Electronic Components Market Sales Revenue | $ 39678.3 Million | 121212 | 121212 | 121212 | 7.2% |
Japan Passive and Interconnecting Electronic Components Market Sales Revenue | $ 5475.6 Million | 121212 | 121212 | 121212 | 5.7% |
China Passive and Interconnecting Electronic Components Market Sales Revenue | $ 17855.2 Million | 121212 | 121212 | 121212 | 6.7% |
Australia Passive and Interconnecting Electronic Components Market Sales Revenue | $ 2063.27 Million | 121212 | 121212 | 121212 | 6.9% |
India Passive and Interconnecting Electronic Components Market Sales Revenue | $ 4761.39 Million | 121212 | 121212 | 121212 | 9% |
Korea Passive and Interconnecting Electronic Components Market Sales Revenue | $ 3967.83 Million | 121212 | 121212 | 121212 | 6.3% |
Rest of APAC Passive and Interconnecting Electronic Components Market Sales Revenue | $ 2817.16 Million | 121212 | 121212 | 121212 | 7% |
South America Passive and Interconnecting Electronic Components Market Sales Revenue | $ 8625.71 Million | 121212 | 121212 | 121212 | 4.6% |
Argentina Passive and Interconnecting Electronic Components Market Sales Revenue | $ 1449.12 Million | 121212 | 121212 | 121212 | 5.5% |
Brazil Passive and Interconnecting Electronic Components Market Sales Revenue | $ 3691.8 Million | 121212 | 121212 | 121212 | 5.2% |
Chile Passive and Interconnecting Electronic Components Market Sales Revenue | $ 621.05 Million | 121212 | 121212 | 121212 | 4.9% |
Peru Passive and Interconnecting Electronic Components Market Sales Revenue | $ 707.31 Million | 121212 | 121212 | 121212 | 4.8% |
Colombia Passive and Interconnecting Electronic Components Market Sales Revenue | $ 767.69 Million | 121212 | 121212 | 121212 | 4.4% |
Rest of South America Passive and Interconnecting Electronic Components Market Sales Revenue | $ 1388.74 Million | 121212 | 121212 | 121212 | 3.7% |
Middle East and Africa Passive and Interconnecting Electronic Components Market Sales Revenue | $ 3450.28 Million | 121212 | 121212 | 121212 | 4.9% |
Turkey Passive and Interconnecting Electronic Components Market Sales Revenue | $ 296.72 Million | 121212 | 121212 | 121212 | 4.4% |
Egypt Passive and Interconnecting Electronic Components Market Sales Revenue | $ 362.28 Million | 121212 | 121212 | 121212 | 5.2% |
Rest of MEA Passive and Interconnecting Electronic Components Market Sales Revenue | $ 407.13 Million | 121212 | 121212 | 121212 | 3.9% |
Base Year | 2024 |
Historical Data Time Period | 2021-2024 |
Forecast Period | 2025-2033 |
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Passive and Interconnecting Electronic Components Market is Segmented as below. Particular segment of your interest can be provided without any additional cost. Download the Sample Pages!
Passive and interconnected electronic components are electrically powered components that are required for gadgets involving electricity to work effectively. Multifaceted structures are created by connections, which facilitate communication between different system constituents. The growing demand is emerging from the automotive, telecommuting, and computing sectors. Passive additives and interconnects are essential in the electronics business because they facilitate the smooth passage of energy and electricity within circuits. Compact interconnects and passive components that can provide high reliability are also necessary for handsets and similar gadgets. Another thing fueling the market's development is the growing popularity of household electronics. Increased interest in electric automobiles and the increasing uptake of sophisticated driver-aid devices have increased the availability of passive additives. Moreover, the deployment of 5G technology and increasing adoption of the Internet of Things (IoT) are additional factors that have accelerated its growth.
In May 2024, Amphenol Corporation (NYSE: APH) declared that Carlisle Enterprises Incorporated's Carlisle Interconnection Technology (CIT) division has been fully acquired. (Source: https://investors.amphenol.com/news-and-events/news-details/2024/Amphenol-Corporation-Completes-Acquisition-of-CIT-Business-From-Carlisle/default.aspx)
The passive and interconnecting electronic components market has experienced growth because of the growing need for electronic devices to be compacted and arranged in various configurations. As markets and consumers want gadgets that are more efficient, user-friendly, and portable, manufacturers are under increasing pressure to create and supply technologies that deliver exceptional efficiency in a small form factor. Small, effective components are needed for products like wristwatches and portable electronics to satisfy consumer demands for effectiveness and flexibility. This trend is particularly apparent in the consumer electronics industry. Thus, the passive and interconnecting electronic components industry is driven by the rising popularity of electrical gadgets. For instance, KYOCERA AVX has expanded its offering with twenty more automotive MLCCs from the KAM Series. Leading international producer of state-of-the-art electronic components meant to promote technological advancement and build greater possibilities is KYOCERA AVX.
The passive and interconnecting electronic components market has witnessed steady growth due to the implementation of 5G connectivity. In order to maintain signal integrity and guarantee the effective functioning of 5G devices, passive parts involving filtration, capacitors that operate, and inductive devices are crucial. Rapid data transfer and dependable network connectivity are made possible through connecting components, such as adapters. Terminal areas, tiny tissues, and cutting-edge computers are among the sophisticated communication technologies whose development and implementation are being expedited by the growing need for 5G technology. The demand for specialist passive and interconnecting components will further increase as wireless providers and network operators make significant investments in 5G infrastructure to accommodate faster data rates and larger networking capacities.
The concurrence in prices within the sector is one of the main obstacles. Because of an increasing need for more complex and varied items, manufacturing costs are rising even though hardware prices are falling globally due to breakthroughs in gadget innovation. In addition, competitive pricing among companies from different domains has led to cost decreases in passive components and interconnects. The industry for interconnected and passive electronic components is seeing an increasing number of entries. A developing pricing war has resulted from this, forcing all participants to preserve the cost of their goods cheap in order to hold onto their market position. Larger companies' earnings have therefore fallen. This has an adverse effect on the price of creating novel products or cutting-edge technology-based things.
The demand for passive and networked electrical gadgets has been significantly impacted by the pandemic. There is lower demand for passive and connecting electrical components, and the rate at which new endeavors are being developed globally has declined. Because of individuals staying in their homes, logistics networks have been disrupted, making it difficult for producers throughout the world to build and construct new equipment. However, the devices that are presently stored in different facilities can't be moved because of current regulations and constraints. Since both the manufacturing and distribution chains are suspended, COVID-19 has a short-term effect on the estimation of the industry for passive and related electronic parts.
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The competitive context of the passive and interconnecting electronic components industry offers information broken down by competition. In-depth information is provided about the business's background, finances, earnings, prospective markets, R&D spending, emerging market efforts, international manufacturing locations and infrastructure, manufacturing capabilities, company advantages and disadvantages, introduction of products, goods length and dimension, and sector superiority. The earlier statistics only pertain to the companies' concentration on the passive and interconnecting electronic components industry.
In August 2024, TDK Corporation (TSE: 6762) increased the number of Permalloy lightweight film sections in its lineup following the introduction of its latest IPM01 sequence. With a 0.006 mm extremely light construction, this new line offers excellent transparency as well as significant absorption. This innovative material effectively blocks low-energy bracelet activity, especially when it is becoming an issue in electric vehicles (EVs). (Source: https://www.tdk.com/en/news_center/press/20240516_01.html) In May 2024, NICHICON CORPORATION is the developer and manufacturer of the GXC line of extremely thermally resistant polyethylene composite metallic electrolytic caps. High fluctuation power, as well as excellent ESR efficiency, are good features of the GXC series. Attributes that the automobile and telecoms industries are demanding more and more. (Source: https://www.nichicon.co.jp/english/wp-content/uploads/release_gxc_240522e. ) In September 2024, Vishay Intertechnology, Inc. (NYSE: VSH) revealed an important upgrade of its circuit offerings, with the goal of providing customers with additional options for achieving certain cost/performance proportions in the development of their products. Vishay's customers will find purchasing simpler because its increased collection provides a wider range of gadgets at different cost levels. (Source: https://www.vishay.com/en/company/press/releases/2024/RP565/)
Top Companies Market Share in Passive and Interconnecting Electronic Components Industry: (In no particular order of Rank)
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According to Cognitive Market Research, North America currently dominates the passive and interconnecting electronic components market, and the region is expected to have significant growth during the projected period. This is because of an increase in the need for outstanding durability, compact gadgets, governmental support for HCIT options, and an increase in the development of commercial multimedia to multimedia networks in this area.
Asia-Pacific is expected to make significant gains during the projected period, with the greatest compound annual growth rate (CAGR) due to the growth of cities, increased income available for spending, and expanding individuals. Due to the region's substantial contribution to the global market for technological goods such as laptops, plasma screens, mobile phones, tablet computers, and numerous other electronic devices, a wide variety of passive and interconnected electronic components must be developed.
The current report Scope analyzes Passive and Interconnecting Electronic Components Market on 5 major region Split (In case you wish to acquire a specific region edition (more granular data) or any country Edition data then please write us on info@cognitivemarketresearch.com
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According to Cognitive Market Research, the global passive and interconnecting electronic components market size was estimated at USD 172514.2 Million, out of which North America held the major market share of more than 40% of the global revenue with a market size of USD 69005.68 million in 2024 and will grow at a compound annual growth rate (CAGR) of 3.4% from 2024 to 2031.
According to Cognitive Market Research, the global passive and interconnecting electronic components market size was estimated at USD 172514.2 Million, out of which Europe held the market share of more than 30% of the global revenue with a market size of USD 51754.26 million in 2024 and will grow at a compound annual growth rate (CAGR) of 3.7% from 2024 to 2031.
According to Cognitive Market Research, the global passive and interconnecting electronic components market size was estimated at USD 172514.2 Million, out of which Asia Pacific held the market share of around 23% of the global revenue with a market size of USD 39678.27 million in 2024 and will grow at a compound annual growth rate (CAGR) of 7.2% from 2024 to 2031.
According to Cognitive Market Research, the global passive and interconnecting electronic components market size was estimated at USD 172514.2 Million, out of which the Latin America held the market share of around 5% of the global revenue with a market size of USD 8625.71 million in 2024 and will grow at a compound annual growth rate (CAGR) of 4.6% from 2024 to 2031.
According to Cognitive Market Research, the global passive and interconnecting electronic components market size was estimated at USD 172514.2 Million, out of which the Middle East and Africa held the major market share of around 2% of the global revenue with a market size of USD 3450.28 million in 2024 and will grow at a compound annual growth rate (CAGR) of 4.9% from 2024 to 2031..
Global Passive and Interconnecting Electronic Components Market Report 2025 Edition talks about crucial market insights with the help of segments and sub-segments analysis. In this section, we reveal an in-depth analysis of the key factors influencing Passive and Interconnecting Electronic Components Industry growth. Passive and Interconnecting Electronic Components market has been segmented with the help of its Component, Application , and others. Passive and Interconnecting Electronic Components market analysis helps to understand key industry segments, and their global, regional, and country-level insights. Furthermore, this analysis also provides information pertaining to segments that are going to be most lucrative in the near future and their expected growth rate and future market opportunities. The report also provides detailed insights into factors responsible for the positive or negative growth of each industry segment.
How are Segments Performing in the Global Passive and Interconnecting Electronic Components Market?
According to Cognitive Market Research, passive is likely to dominate the passive and interconnecting electronic components market over the forecast period. Because of the development of small passive gadgets and their integration with lightweight electronics, as well as ongoing developments. Furthermore, its warranty against high temperatures allows manufacturers greater deployment flexibility and ensures consistent long-term operation even when placed next to heat-emitting devices such as power transistors.
The interconnecting is the fastest-growing segment in the passive and interconnecting electronic components market. Because they're widely installed in a variety of electrical gadgets, possibly camcorders, gaming systems, and many more, for the purpose of transmitting art forms, material, and various software. PCBs, toggles, relays that operate, connectors/sockets, and other components are included in the interconnecting component. The industry's growth is also expected to be aided by the spike in interest in connectivity and storage mediums in storage facilities.
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According to Cognitive Market Research, the automotive segment holds the largest share of the market. This is because of elements such as the increasing digitalization of automobiles, the expanding use of autonomous vehicle technology, and the incorporation of interconnected automotive capabilities into vehicles. As a result, it is anticipated the need for passive and interconnected electronic components will increase as the usage of electric vehicles grows.
In the passive and interconnecting electronic components market, consumer electronics has been growing quickly. Manufacturers of consumer electronics are always releasing cutting-edge goods with cutting-edge features and capabilities. Because of these developments, there is an increasing need for superior passive and interconnected electrical performance to enable the increased functionality of gadgets like personal desktops and mobile devices.
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Senior Research Analyst at Cognitive Market Research
ResearchGate Profile: https://www.researchgate.net/profile/Kalyani-Raje
An optimistic Senior Research Analyst with years of experience in competitive assessment and business consulting. A seasoned professional and subject-matter expert (SME) in the Automobile and transportation vertical.
With a work experience of over 10+ years in the market research and strategy development. I have worked with diverse industries, including FMCG, IT, Telecom, Automotive, Electronics and many others. I also work closely with other departments such as sales, product development, and marketing to understand customer needs and preferences, and develop strategies to meet those needs.
I am committed to staying ahead in the rapidly evolving field of research and analysis. This involves regularly attending conferences, participating in webinars, and pursuing additional certifications to enhance my skill set. I played a crucial role in conducting market research and competitive analysis. I have a proven track record of distilling complex datasets into clear, concise reports that have guided key business initiatives. Collaborating closely with multidisciplinary teams, I contributed to the development of innovative solutions grounded in thorough research and analysis.
Conclusion
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Component | Passive, Interconnecting |
Application | Consumer Electronics, IT & Telecommunication, Industrial, Healthcare, Others |
List of Competitors | KYOCERA AVX Components Corporation, Vishay Intertechnology, Inc., Murata Manufacturing Co., Ltd., TDK Corporation, TAIYO YUDEN CO., LTD., TE Connectivity, SAMSUNG ELECTRO-MECHANICS, Hosiden Corporation, YAGEO Group, NICHICON CORPORATION, Fenghua (HK) Electronics Ltd., ROHM CO., LTD., Amphenol Corporation, Molex, Samtec |
This chapter will help you gain GLOBAL Market Analysis of Passive and Interconnecting Electronic Components. Further deep in this chapter, you will be able to review Global Passive and Interconnecting Electronic Components Market Split by various segments and Geographical Split.
Chapter 1 Global Market Analysis
Global Market has been segmented on the basis 5 major regions such as North America, Europe, Asia-Pacific, Middle East & Africa, and Latin America.
You can purchase only the Executive Summary of Global Market (2019 vs 2024 vs 2031)
Global Market Dynamics, Trends, Drivers, Restraints, Opportunities, Only Pointers will be deliverable
This chapter will help you gain North America Market Analysis of Passive and Interconnecting Electronic Components. Further deep in this chapter, you will be able to review North America Passive and Interconnecting Electronic Components Market Split by various segments and Country Split.
Chapter 2 North America Market Analysis
This chapter will help you gain Europe Market Analysis of Passive and Interconnecting Electronic Components. Further deep in this chapter, you will be able to review Europe Passive and Interconnecting Electronic Components Market Split by various segments and Country Split.
Chapter 3 Europe Market Analysis
This chapter will help you gain Asia Pacific Market Analysis of Passive and Interconnecting Electronic Components. Further deep in this chapter, you will be able to review Asia Pacific Passive and Interconnecting Electronic Components Market Split by various segments and Country Split.
Chapter 4 Asia Pacific Market Analysis
This chapter will help you gain South America Market Analysis of Passive and Interconnecting Electronic Components. Further deep in this chapter, you will be able to review South America Passive and Interconnecting Electronic Components Market Split by various segments and Country Split.
Chapter 5 South America Market Analysis
This chapter will help you gain Middle East and Africa Market Analysis of Passive and Interconnecting Electronic Components. Further deep in this chapter, you will be able to review Middle East and Africa Passive and Interconnecting Electronic Components Market Split by various segments and Country Split.
Chapter 6 Middle East and Africa Market Analysis
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Chapter 7 Top 10 Countries Analysis (Only Available with Corporate User License)
This chapter provides an in-depth analysis of the market share among key competitors of Passive and Interconnecting Electronic Components. The analysis highlights each competitor's position in the market, growth trends, and financial performance, offering insights into competitive dynamics, and emerging players.
Chapter 8 Competitor Analysis (Subject to Data Availability (Private Players))
(Subject to Data Availability (Private Players))
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
This chapter would comprehensively cover market drivers, trends, restraints, opportunities, and various in-depth analyses like industrial chain, PESTEL, Porter’s Five Forces, and ESG, among others. It would also include product life cycle, technological advancements, and patent insights.
Chapter 9 Qualitative Analysis (Subject to Data Availability)
Segmentation Component Analysis 2019 -2031, will provide market size split by Component. This Information is provided at Global Level, Regional Level and Top Countries Level The report with the segmentation perspective mentioned under this chapters will be delivered to you On Demand. So please let us know if you would like to receive this additional data as well. No additional cost will be applicable for the same.
Chapter 10 Market Split by Component Analysis 2021 - 2033
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Chapter 11 Market Split by Application Analysis 2021 - 2033
This chapter helps you understand the Key Takeaways and Analyst Point of View of the global Passive and Interconnecting Electronic Components market
Chapter 12 Research Findings
Here the analyst will summarize the content of entire report and will share his view point on the current industry scenario and how the market is expected to perform in the near future. The points shared by the analyst are based on his/her detailed in-depth understanding of the market during the course of this report study. You will be provided exclusive rights to interact with the concerned analyst for unlimited time pre purchase as well as post purchase of the report.
Why Passive have a significant impact on Passive and Interconnecting Electronic Components market? |
What are the key factors affecting the Passive and Interconnecting of Passive and Interconnecting Electronic Components Market? |
What is the CAGR/Growth Rate of Consumer Electronics during the forecast period? |
By type, which segment accounted for largest share of the global Passive and Interconnecting Electronic Components Market? |
Which region is expected to dominate the global Passive and Interconnecting Electronic Components Market within the forecast period? |
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