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Passive and Interconnecting Electronic Components Market Share

  • Report ID: GMI9848
  • Published Date: Jun 2024
  • Report Format: PDF

Passive and Interconnecting Electronic Components Market Share

Murata Manufacturing Co., Ltd. and TDK Corporation hold a significant share of over 3% in the passive and interconnecting electronic components market. Murata Manufacturing Co., Ltd. dominates the market due to several factors. Firstly, it boasts a diverse product portfolio comprising capacitors, inductors, filters, and connectors, meeting various industry needs. Secondly, Murata emphasizes innovation, continuously introducing cutting-edge technologies and products. Thirdly, its strong global presence and distribution network ensure widespread availability and customer support. Finally, Murata's reputation for reliability, quality, and customer satisfaction further solidifies its position as a market leader in this segment.
 

TDK Corporation secures a significant market share in passive and interconnecting electronic components due to several key factors. Firstly, it boasts a comprehensive product lineup encompassing capacitors, inductors, sensors, and connectors, catering to diverse industry demands. Secondly, TDK prioritizes research and development, consistently introducing innovative solutions and technologies. Thirdly, its extensive global presence and distribution network ensure efficient supply chain management and customer support. Lastly, TDK's reputation for quality, reliability, and technological leadership further solidifies its market position.
 

Passive and Interconnecting Electronic Components Market Companies

Major players operating in the passive and interconnecting electronic components industry are:

  • Murata Manufacturing Co., Ltd.
  • TDK Corporation
  • TE Connectivity Ltd.
  • AVX Corporation
  • Amphenol Corporation
  • Vishay Intertechnology, Inc.
  • Samsung Electro-Mechanics Co., Ltd.
     
Authors: Suraj Gujar, Deeksha Vishwakarma

Frequently Asked Questions (FAQ) :

Industry size for passive and interconnecting electronic components was USD 196.5 billion in 2023 and is projected to expand at over 5% CAGR from 2024 to 2032, due to the rapid transition toward electric and hybrid vehicles.

The passive segment in the passive and interconnecting electronic components industry is projected to garner over USD 1.5 billion by 2032, owing to the increasing adoption across consumer electronics, automotive, healthcare, and telecommunications.

The consumer electronics application segment in the passive and interconnecting electronic components market recorded over 20% share in 2023 and is estimated to depict notable CAGR between 2024 and 2032, led by the continuous launch of innovative products with advanced features and functionalities.

Asia Pacific industry held over 30% share 2023, attributed to the presence of major manufacturing hub for electronic devices and equipment.

Passive and Interconnecting Electronic Components Market Scope

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Premium Report Details

  • Base Year: 2023
  • Companies covered: 23
  • Tables & Figures: 239
  • Countries covered: 21
  • Pages: 250
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