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Passive Component Market by Product, End-user, and Geography - Forecast and Analysis 2022-2026

  • Published: Jul 2022
  • Pages: 169
  • SKU: IRTNTR41100
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The passive component market share is expected to increase by USD 14.18 billion from 2021 to 2026, and the market’s growth momentum will accelerate at a CAGR of 5.71%.

This passive component market research report provides valuable insights on the post COVID-19 impact on the market, which will help companies evaluate their business approaches. Furthermore, this report extensively covers passive component market segmentation by product (capacitors, resistors, inductors, diode, and transformers), end-user (consumer electronics, IT and telecom industry, automotive industry, industrial machinery, and others), and geography (APAC, Europe, North America, Middle East and Africa, and South America). The passive component market report also offers information on several market vendors, including Fenghua HK Electronics Ltd, KEMET Corp., KOA Corp., KYOCERA AVX Components Corp, Kyocera Corp., Mouser Electronics Inc., Murata Manufacturing Co. Ltd., NICHICON Corp, Nippon Chemi Con Corp, Panasonic Corp., ROHM Co. Ltd., Rubycon Corp, Ryosan Co, Samsung Electro Mechanics Co. Ltd, SUMIDA Corp, TAIYO YUDEN CO. LTD., TDK Corp., Vishay Intertechnology Inc., Walsin Technology Corp., and Yageo Corp among others.

What will the Passive Component Market Size be During the Forecast Period?

Passive Component Market Size

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Passive Component Market: Key Drivers, Trends, and Challenges

Based on our research output, there has been a neutral impact on the market growth during and post COVID-19 era. The rise in the need for passive components in space applications is notably driving the passive component market growth, although factors such as the volatility in raw material prices may impede the market growth. Our research analysts have studied the historical data and deduced the key market drivers and the COVID-19 pandemic impact on the passive component industry. The holistic analysis of the drivers will help in deducing end goals and refining marketing strategies to gain a competitive edge.

Key Passive Component Market Driver

  • One of the key factors driving growth in the passive component market is the rise in the need for passive components in space applications.
  • The US has been contributing to space-based applications enormously for the past ten years.
  • APAC and EMEA have also increased their spending in the space application segment. There is an increasing need to use components that are less in weight and can withstand high voltages, elevated temperatures, high mechanical stress, and high radiation due to the rising demand for space applications.
  • High-voltage passive components, high-frequency passive components, high-temperature passive components, radiation-hardened passive components, and ruggedized passive components are extensively used in the space application segment as these can withstand conditions that a spacecraft may face. Thus, the increasing use of passive components in space applications is expected to drive the growth of the global passive component market.

Key Passive Component Market Trend

  • The advancement of IoT in industries is a passive component market trend that is expected to have a positive impact in the coming years.
  • The number of devices added to the industrial network and the sensors used in these devices will increase with the advancement of IoT.
  • Companies are now focusing on manufacturing sensors, actuators, and other devices, which can support this IoT market. The adoption of IoT in industries has resulted in an unprecedented increase in production volumes.
  • The adoption of IoT increases not only the efficiency of production but also procurement, R and D, and sales.
  • Industries, such as automotive and electronics, are expecting a revolution using IoT in improving production lines to eliminate wastefulness, inconsistency, excessive burden, and shortening delivery times, as there is a huge demand for passive components which can support IoT. Thus, the advancements in IoT industries will spur the growth of the global passive component market.

Key Passive Component Market Challenge

  • The volatility in raw material prices will be a major challenge for the passive component market during the forecast period.
  • The passive component market is highly dependent on the supply of base metals, such as nickel, palladium, and ruthenium.
  • The supply of such metals depends on the mining and refining industries.
  • With growing labor costs and political instability, several industries, such as mining, are facing a threat of raw material scarcity.
  • Russia is the world's largest producer of palladium and the third-largest supplier of nickel. Owing to the ban of export on nickel export by Russia, nickel prices more than doubled to about $100,000 per ton at the London Metal Exchange (LME) in April 2022.
  • Disruptions in the supply chains of nickel will affect the supply and production of passive components. Thus, the volatility in the prices of these two raw materials will negatively impact the growth of the global passive component market.

This passive component market analysis report also provides detailed information on other upcoming trends and challenges that will have a far-reaching effect on the market growth. The actionable insights on the trends and challenges will help companies evaluate and develop growth strategies for 2022-2026.

Parent Market Analysis

Technavio categorizes the global passive component market as a part of the global electronic components market within the electronics market. Our research report has extensively covered external factors influencing the parent market growth potential in the coming years, which will determine the levels of growth of the passive component market during the forecast period.

Who are the Major Passive Component Market Vendors?

The report analyzes the market’s competitive landscape and offers information on several market vendors, including:

 

  • Fenghua HK Electronics Ltd
  • KEMET Corp.
  • KOA Corp.
  • KYOCERA AVX Components Corp
  • Kyocera Corp.
  • Mouser Electronics Inc.
  • Murata Manufacturing Co. Ltd.
  • NICHICON Corp
  • Nippon Chemi Con Corp
  • Panasonic Corp.
  • ROHM Co. Ltd.
  • Rubycon Corp
  • Ryosan Co
  • Samsung Electro Mechanics Co. Ltd
  • SUMIDA Corp
  • TAIYO YUDEN CO. LTD.
  • TDK Corp.
  • Vishay Intertechnology Inc.
  • Walsin Technology Corp.
  • Yageo Corp

 

This statistical study of the passive component market encompasses successful business strategies deployed by the key vendors. The passive component market is fragmented and the vendors are deploying organic and inorganic growth strategies to compete in the market.

Product Insights and News

  • kemet.com - The company offers passive components such as capacitors, and AC and DC choke.

  • kemet.com - Under the solid capacitors segment, the company produces tantalum, aluminum, polymer, and ceramic capacitors.

To make the most of the opportunities and recover from post COVID-19 impact, market vendors should focus more on the growth prospects in the fast-growing segments, while maintaining their positions in the slow-growing segments.

The passive component market forecast report offers in-depth insights into key vendor profiles. The profiles include information on the production, sustainability, and prospects of the leading companies.

Passive Component Market Value Chain Analysis

Our report provides extensive information on the value chain analysis for the passive component market, which vendors can leverage to gain a competitive advantage during the forecast period. The end-to-end understanding of the value chain is essential in profit margin optimization and evaluation of business strategies. The data available in our value chain analysis segment can help vendors drive costs and enhance customer services during the forecast period.

Which are the Key Regions for Passive Component Market?

Passive Component Market Share by Geography

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61% of the market’s growth will originate from APAC during the forecast period. China, Taiwan, and Japan are the key markets for passive components in APAC. Market growth in this region will be faster than the growth of the market in other regions.

The rise in demand for smart automotive electronic devices that are safe and have better performance will facilitate the passive component market growth in APAC over the forecast period. This market research report entails detailed information on the competitive intelligence, marketing gaps, and regional opportunities in store for vendors, which will assist in creating efficient business plans.

COVID Impact and Recovery Analysis

The outbreak of COVID-19 in 2020 severely impacted the growth of the passive component market in APAC. Hardware component manufacturing operations were put on hold, with temporary lockdown measures implemented by governments of several countries such as China and India. However, the market in focus started to recover in 2021 owing to the lifting of lockdowns and the initiation of large-scale vaccination drives. Moreover, technologically advanced product launches and expansion strategies by major passive component-manufacturing companies are anticipated to boost the growth of the passive component market in APAC during the forecast period.

What are the Revenue-generating Product Segments in the Passive Component Market?

Passive Component Market Share

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The passive component market share growth by the capacitors segment will be significant during the forecast period. The demand for capacitors is increasing in India, China, and other Asian countries because of the rising demand for consumer electronics, such as smartphones, smart TVs, and camera flashlights. Thus, such a factor will drive the growth of the capacitor segment of the global passive component market during the forecast period.

This report provides an accurate prediction of the contribution of all the segments to the growth of the passive component market size and actionable market insights on post COVID-19 impact on each segment.

 

Passive Component Market Scope

Report Coverage

Details

Page number

120

Base year

2021

Forecast period

2022-2026

Growth momentum & CAGR

Accelerate at a CAGR of 5.71%

Market growth 2022-2026

$ 14.18 billion

Market structure

Fragmented

YoY growth (%)

4.7

Regional analysis

APAC, Europe, North America, Middle East and Africa, and South America

Performing market contribution

APAC at 61%

Key consumer countries

US, China, Taiwan, Japan, and Germany

Competitive landscape

Leading companies, Competitive strategies, Consumer engagement scope

Key companies profiled

Fenghua HK Electronics Ltd, KEMET Corp., KOA Corp., KYOCERA AVX Components Corp, Kyocera Corp., Mouser Electronics Inc., Murata Manufacturing Co. Ltd., NICHICON Corp, Nippon Chemi Con Corp, Panasonic Corp., ROHM Co. Ltd., Rubycon Corp, Ryosan Co, Samsung Electro Mechanics Co. Ltd, SUMIDA Corp, TAIYO YUDEN CO. LTD., TDK Corp., Vishay Intertechnology Inc., Walsin Technology Corp., and Yageo Corp

Market dynamics

Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID 19 impact and recovery analysis and future consumer dynamics, Market condition analysis for the forecast period

Customization purview

If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized.

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What are the Key Data Covered in this Passive Component Market Report?

  • CAGR of the market during the forecast period 2022-2026
  • Detailed information on factors that will drive passive component market growth during the next five years
  • Precise estimation of the passive component market size and its contribution to the parent market
  • Accurate predictions on upcoming trends and changes in consumer behavior
  • The growth of the passive component industry across APAC, Europe, North America, Middle East and Africa, and South America
  • A thorough analysis of the market’s competitive landscape and detailed information on vendors
  • Comprehensive details of factors that will challenge the growth of passive component market vendors

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1 Executive Summary

  • 1.1 Market overview
    • Exhibit 01: Executive Summary – Chart on Market Overview
    • Exhibit 02: Executive Summary – Data Table on Market Overview
    • Exhibit 03: Executive Summary – Chart on Global Market Characteristics
    • Exhibit 04: Executive Summary – Chart on Market by Geography
    • Exhibit 05: Executive Summary – Chart on Market Segmentation by Product
    • Exhibit 06: Executive Summary – Chart on Market Segmentation by End-user
    • Exhibit 07: Executive Summary – Chart on Incremental Growth
    • Exhibit 08: Executive Summary – Data Table on Incremental Growth
    • Exhibit 09: Executive Summary – Chart on Vendor Market Positioning

2 Market Landscape

  • 2.1 Market ecosystem
    • Exhibit 10: Parent market
    • Exhibit 11: Market Characteristics

3 Market Sizing

  • 3.1 Market definition
    • Exhibit 12: Offerings of vendors included in the market definition
  • 3.2 Market segment analysis
    • Exhibit 13: Market segments
  • 3.3 Market size 2021
    • 3.4 Market outlook: Forecast for 2021-2026
      • Exhibit 14: Chart on Global - Market size and forecast 2021-2026 ($ billion)
      • Exhibit 15: Data Table on Global - Market size and forecast 2021-2026 ($ billion)
      • Exhibit 16: Chart on Global Market: Year-over-year growth 2021-2026 (%)
      • Exhibit 17: Data Table on Global Market: Year-over-year growth 2021-2026 (%)

    4 Five Forces Analysis

    • 4.1 Five forces summary
      • Exhibit 18: Five forces analysis - Comparison between 2021 and 2026
    • 4.2 Bargaining power of buyers
      • Exhibit 19: Chart on Bargaining power of buyers – Impact of key factors 2021 and 2026
    • 4.3 Bargaining power of suppliers
      • Exhibit 20: Bargaining power of suppliers – Impact of key factors in 2021 and 2026
    • 4.4 Threat of new entrants
      • Exhibit 21: Threat of new entrants – Impact of key factors in 2021 and 2026
    • 4.5 Threat of substitutes
      • Exhibit 22: Threat of substitutes – Impact of key factors in 2021 and 2026
    • 4.6 Threat of rivalry
      • Exhibit 23: Threat of rivalry – Impact of key factors in 2021 and 2026
    • 4.7 Market condition
      • Exhibit 24: Chart on Market condition - Five forces 2021 and 2026

    5 Market Segmentation by Product

    • 5.1 Market segments
      • Exhibit 25: Chart on Product - Market share 2021-2026 (%)
      • Exhibit 26: Data Table on Product - Market share 2021-2026 (%)
    • 5.2 Comparison by Product
      • Exhibit 27: Chart on Comparison by Product
      • Exhibit 28: Data Table on Comparison by Product
    • 5.3 Capacitors - Market size and forecast 2021-2026
      • Exhibit 29: Chart on Capacitors - Market size and forecast 2021-2026 ($ billion)
      • Exhibit 30: Data Table on Capacitors - Market size and forecast 2021-2026 ($ billion)
      • Exhibit 31: Chart on Capacitors - Year-over-year growth 2021-2026 (%)
      • Exhibit 32: Data Table on Capacitors - Year-over-year growth 2021-2026 (%)
    • 5.4 Resistors - Market size and forecast 2021-2026
      • Exhibit 33: Chart on Resistors - Market size and forecast 2021-2026 ($ billion)
      • Exhibit 34: Data Table on Resistors - Market size and forecast 2021-2026 ($ billion)
      • Exhibit 35: Chart on Resistors - Year-over-year growth 2021-2026 (%)
      • Exhibit 36: Data Table on Resistors - Year-over-year growth 2021-2026 (%)
    • 5.5 Inductors - Market size and forecast 2021-2026
      • Exhibit 37: Chart on Inductors - Market size and forecast 2021-2026 ($ billion)
      • Exhibit 38: Data Table on Inductors - Market size and forecast 2021-2026 ($ billion)
      • Exhibit 39: Chart on Inductors - Year-over-year growth 2021-2026 (%)
      • Exhibit 40: Data Table on Inductors - Year-over-year growth 2021-2026 (%)
    • 5.6 Diode - Market size and forecast 2021-2026
      • Exhibit 41: Chart on Diode - Market size and forecast 2021-2026 ($ billion)
      • Exhibit 42: Data Table on Diode - Market size and forecast 2021-2026 ($ billion)
      • Exhibit 43: Chart on Diode - Year-over-year growth 2021-2026 (%)
      • Exhibit 44: Data Table on Diode - Year-over-year growth 2021-2026 (%)
    • 5.7 Transformers - Market size and forecast 2021-2026
      • Exhibit 45: Chart on Transformers - Market size and forecast 2021-2026 ($ billion)
      • Exhibit 46: Data Table on Transformers - Market size and forecast 2021-2026 ($ billion)
      • Exhibit 47: Chart on Transformers - Year-over-year growth 2021-2026 (%)
      • Exhibit 48: Data Table on Transformers - Year-over-year growth 2021-2026 (%)
    • 5.8 Market opportunity by Product
      • Exhibit 49: Market opportunity by Product ($ billion)

    6 Market Segmentation by End-user

    • 6.1 Market segments
      • Exhibit 50: Chart on End-user - Market share 2021-2026 (%)
      • Exhibit 51: Data Table on End-user - Market share 2021-2026 (%)
    • 6.2 Comparison by End-user
      • Exhibit 52: Chart on Comparison by End-user
      • Exhibit 53: Data Table on Comparison by End-user
    • 6.3 Consumer electronics - Market size and forecast 2021-2026
      • Exhibit 54: Chart on Consumer electronics - Market size and forecast 2021-2026 ($ billion)
      • Exhibit 55: Data Table on Consumer electronics - Market size and forecast 2021-2026 ($ billion)
      • Exhibit 56: Chart on Consumer electronics - Year-over-year growth 2021-2026 (%)
      • Exhibit 57: Data Table on Consumer electronics - Year-over-year growth 2021-2026 (%)
    • 6.4 IT and telecom industry - Market size and forecast 2021-2026
      • Exhibit 58: Chart on IT and telecom industry - Market size and forecast 2021-2026 ($ billion)
      • Exhibit 59: Data Table on IT and telecom industry - Market size and forecast 2021-2026 ($ billion)
      • Exhibit 60: Chart on IT and telecom industry - Year-over-year growth 2021-2026 (%)
      • Exhibit 61: Data Table on IT and telecom industry - Year-over-year growth 2021-2026 (%)
    • 6.5 Automotive industry - Market size and forecast 2021-2026
      • Exhibit 62: Chart on Automotive industry - Market size and forecast 2021-2026 ($ billion)
      • Exhibit 63: Data Table on Automotive industry - Market size and forecast 2021-2026 ($ billion)
      • Exhibit 64: Chart on Automotive industry - Year-over-year growth 2021-2026 (%)
      • Exhibit 65: Data Table on Automotive industry - Year-over-year growth 2021-2026 (%)
    • 6.6 Industrial machinery - Market size and forecast 2021-2026
      • Exhibit 66: Chart on Industrial machinery - Market size and forecast 2021-2026 ($ billion)
      • Exhibit 67: Data Table on Industrial machinery - Market size and forecast 2021-2026 ($ billion)
      • Exhibit 68: Chart on Industrial machinery - Year-over-year growth 2021-2026 (%)
      • Exhibit 69: Data Table on Industrial machinery - Year-over-year growth 2021-2026 (%)
    • 6.7 Others - Market size and forecast 2021-2026
      • Exhibit 70: Chart on Others - Market size and forecast 2021-2026 ($ billion)
      • Exhibit 71: Data Table on Others - Market size and forecast 2021-2026 ($ billion)
      • Exhibit 72: Chart on Others - Year-over-year growth 2021-2026 (%)
      • Exhibit 73: Data Table on Others - Year-over-year growth 2021-2026 (%)
    • 6.8 Market opportunity by End-user
      • Exhibit 74: Market opportunity by End-user ($ billion)

    7 Customer Landscape

    • 7.1 Customer landscape overview
      • Exhibit 75: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria

    8 Geographic Landscape

    • 8.1 Geographic segmentation
      • Exhibit 76: Chart on Market share by geography 2021-2026 (%)
      • Exhibit 77: Data Table on Market share by geography 2021-2026 (%)
    • 8.2 Geographic comparison
      • Exhibit 78: Chart on Geographic comparison
      • Exhibit 79: Data Table on Geographic comparison
    • 8.3 APAC - Market size and forecast 2021-2026
      • Exhibit 80: Chart on APAC - Market size and forecast 2021-2026 ($ billion)
      • Exhibit 81: Data Table on APAC - Market size and forecast 2021-2026 ($ billion)
      • Exhibit 82: Chart on APAC - Year-over-year growth 2021-2026 (%)
      • Exhibit 83: Data Table on APAC - Year-over-year growth 2021-2026 (%)
    • 8.4 Europe - Market size and forecast 2021-2026
      • Exhibit 84: Chart on Europe - Market size and forecast 2021-2026 ($ billion)
      • Exhibit 85: Data Table on Europe - Market size and forecast 2021-2026 ($ billion)
      • Exhibit 86: Chart on Europe - Year-over-year growth 2021-2026 (%)
      • Exhibit 87: Data Table on Europe - Year-over-year growth 2021-2026 (%)
    • 8.5 North America - Market size and forecast 2021-2026
      • Exhibit 88: Chart on North America - Market size and forecast 2021-2026 ($ billion)
      • Exhibit 89: Data Table on North America - Market size and forecast 2021-2026 ($ billion)
      • Exhibit 90: Chart on North America - Year-over-year growth 2021-2026 (%)
      • Exhibit 91: Data Table on North America - Year-over-year growth 2021-2026 (%)
    • 8.6 Middle East and Africa - Market size and forecast 2021-2026
      • Exhibit 92: Chart on Middle East and Africa - Market size and forecast 2021-2026 ($ billion)
      • Exhibit 93: Data Table on Middle East and Africa - Market size and forecast 2021-2026 ($ billion)
      • Exhibit 94: Chart on Middle East and Africa - Year-over-year growth 2021-2026 (%)
      • Exhibit 95: Data Table on Middle East and Africa - Year-over-year growth 2021-2026 (%)
    • 8.7 South America - Market size and forecast 2021-2026
      • Exhibit 96: Chart on South America - Market size and forecast 2021-2026 ($ billion)
      • Exhibit 97: Data Table on South America - Market size and forecast 2021-2026 ($ billion)
      • Exhibit 98: Chart on South America - Year-over-year growth 2021-2026 (%)
      • Exhibit 99: Data Table on South America - Year-over-year growth 2021-2026 (%)
    • 8.8 China - Market size and forecast 2021-2026
      • Exhibit 100: Chart on China - Market size and forecast 2021-2026 ($ billion)
      • Exhibit 101: Data Table on China - Market size and forecast 2021-2026 ($ billion)
      • Exhibit 102: Chart on China - Year-over-year growth 2021-2026 (%)
      • Exhibit 103: Data Table on China - Year-over-year growth 2021-2026 (%)
    • 8.9 US - Market size and forecast 2021-2026
      • Exhibit 104: Chart on US - Market size and forecast 2021-2026 ($ billion)
      • Exhibit 105: Data Table on US - Market size and forecast 2021-2026 ($ billion)
      • Exhibit 106: Chart on US - Year-over-year growth 2021-2026 (%)
      • Exhibit 107: Data Table on US - Year-over-year growth 2021-2026 (%)
    • 8.10 Taiwan - Market size and forecast 2021-2026
      • Exhibit 108: Chart on Taiwan - Market size and forecast 2021-2026 ($ billion)
      • Exhibit 109: Data Table on Taiwan - Market size and forecast 2021-2026 ($ billion)
      • Exhibit 110: Chart on Taiwan - Year-over-year growth 2021-2026 (%)
      • Exhibit 111: Data Table on Taiwan - Year-over-year growth 2021-2026 (%)
    • 8.11 Germany - Market size and forecast 2021-2026
      • Exhibit 112: Chart on Germany - Market size and forecast 2021-2026 ($ billion)
      • Exhibit 113: Data Table on Germany - Market size and forecast 2021-2026 ($ billion)
      • Exhibit 114: Chart on Germany - Year-over-year growth 2021-2026 (%)
      • Exhibit 115: Data Table on Germany - Year-over-year growth 2021-2026 (%)
    • 8.12 Japan - Market size and forecast 2021-2026
      • Exhibit 116: Chart on Japan - Market size and forecast 2021-2026 ($ billion)
      • Exhibit 117: Data Table on Japan - Market size and forecast 2021-2026 ($ billion)
      • Exhibit 118: Chart on Japan - Year-over-year growth 2021-2026 (%)
      • Exhibit 119: Data Table on Japan - Year-over-year growth 2021-2026 (%)
    • 8.13 Market opportunity by geography
      • Exhibit 120: Market opportunity by geography ($ billion)

    9 Drivers, Challenges, and Trends

    • 9.1 Market drivers
      • 9.2 Market challenges
        • 9.3 Impact of drivers and challenges
          • Exhibit 121: Impact of drivers and challenges in 2021 and 2026
        • 9.4 Market trends

          10 Vendor Landscape

          • 10.1 Overview
            • 10.2 Vendor landscape
              • Exhibit 122: Overview on Criticality of inputs and Factors of differentiation
            • 10.3 Landscape disruption
              • Exhibit 123: Overview on factors of disruption
            • 10.4 Industry risks
              • Exhibit 124: Impact of key risks on business

            11 Vendor Analysis

            • 11.1 Vendors covered
              • Exhibit 125: Vendors covered
            • 11.2 Market positioning of vendors
              • Exhibit 126: Matrix on vendor position and classification
            • 11.3 KEMET Corp.
              • Exhibit 127: KEMET Corp. - Overview
              • Exhibit 128: KEMET Corp. - Business segments
              • Exhibit 129: KEMET Corp. - Key offerings
              • Exhibit 130: KEMET Corp. - Segment focus
            • 11.4 KYOCERA AVX Components Corp
              • Exhibit 131: KYOCERA AVX Components Corp - Overview
              • Exhibit 132: KYOCERA AVX Components Corp - Product / Service
              • Exhibit 133: KYOCERA AVX Components Corp - Key offerings
            • 11.5 Murata Manufacturing Co. Ltd.
              • Exhibit 134: Murata Manufacturing Co. Ltd. - Overview
              • Exhibit 135: Murata Manufacturing Co. Ltd. - Business segments
              • Exhibit 136: Murata Manufacturing Co. Ltd. - Key news
              • Exhibit 137: Murata Manufacturing Co. Ltd. - Key offerings
              • Exhibit 138: Murata Manufacturing Co. Ltd. - Segment focus
            • 11.6 NICHICON Corp
              • Exhibit 139: NICHICON Corp - Overview
              • Exhibit 140: NICHICON Corp - Product / Service
              • Exhibit 141: NICHICON Corp - Key offerings
            • 11.7 Nippon Chemi Con Corp
              • Exhibit 142: Nippon Chemi Con Corp - Overview
              • Exhibit 143: Nippon Chemi Con Corp - Product / Service
              • Exhibit 144: Nippon Chemi Con Corp - Key offerings
            • 11.8 Panasonic Corp.
              • Exhibit 145: Panasonic Corp. - Overview
              • Exhibit 146: Panasonic Corp. - Business segments
              • Exhibit 147: Panasonic Corp. - Key news
              • Exhibit 148: Panasonic Corp. - Key offerings
              • Exhibit 149: Panasonic Corp. - Segment focus
            • 11.9 Ryosan Co
              • Exhibit 150: Ryosan Co - Overview
              • Exhibit 151: Ryosan Co - Business segments
              • Exhibit 152: Ryosan Co - Key offerings
              • Exhibit 153: Ryosan Co - Segment focus
            • 11.10 Samsung Electro Mechanics Co. Ltd
              • Exhibit 154: Samsung Electro Mechanics Co. Ltd - Overview
              • Exhibit 155: Samsung Electro Mechanics Co. Ltd - Business segments
              • Exhibit 156: Samsung Electro Mechanics Co. Ltd - Key offerings
              • Exhibit 157: Samsung Electro Mechanics Co. Ltd - Segment focus
            • 11.11 TAIYO YUDEN CO. LTD.
              • Exhibit 158: TAIYO YUDEN CO. LTD. - Overview
              • Exhibit 159: TAIYO YUDEN CO. LTD. - Product / Service
              • Exhibit 160: TAIYO YUDEN CO. LTD. - Key offerings
            • 11.12 Yageo Corp
              • Exhibit 161: Yageo Corp - Overview
              • Exhibit 162: Yageo Corp - Business segments
              • Exhibit 163: Yageo Corp - Key offerings
              • Exhibit 164: Yageo Corp - Segment focus

            12 Appendix

            • 12.1 Scope of the report
              • 12.2 Inclusions and exclusions checklist
                • Exhibit 165: Inclusions checklist
                • Exhibit 166: Exclusions checklist
              • 12.3 Currency conversion rates for US$
                • Exhibit 167: Currency conversion rates for US$
              • 12.4 Research methodology
                • Exhibit 168: Research methodology
                • Exhibit 169: Validation techniques employed for market sizing
                • Exhibit 170: Information sources
              • 12.5 List of abbreviations
                • Exhibit 171: List of abbreviations

              Research Framework

              Technavio presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources. The analysts have presented the various facets of the market with a particular focus on identifying the key industry influencers. The data thus presented is comprehensive, reliable, and the result of extensive research, both primary and secondary.

              TechnavioINFORMATION SOURCES

              Primary sources

              • Manufacturers and suppliers
              • Channel partners
              • Industry experts
              • Strategic decision makers

              Secondary sources

              • Industry journals and periodicals
              • Government data
              • Financial reports of key industry players
              • Historical data
              • Press releases
              Technavio

              TechnavioDATA ANALYSIS

              Data Synthesis

              • Collation of data
              • Estimation of key figures
              • Analysis of derived insights

              Data Validation

              • Triangulation with data models
              • Reference against proprietary databases
              • Corroboration with industry experts
              Technavio

              TechnavioREPORT WRITING

              Qualitative

              • Market drivers
              • Market challenges
              • Market trends
              • Five forces analysis

              Quantitative

              • Market size and forecast
              • Market segmentation
              • Geographical insights
              • Competitive landscape
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              Passive Component Market market growth will increase by $14.18 bn during 2022-2026.
              The passive component market market is expected to grow at a CAGR of 5.71% during 2022-2026.
              Technavio has segmented the passive component market market by product (Capacitors, Resistors, Inductors, Diode, and Transformers) ,end-user (Consumer electronics, IT and telecom industry, Automotive industry, Industrial machinery, and Others) , and geography (APAC, Europe, North America, Middle East and Africa, and South America).
              Fenghua HK Electronics Ltd, KEMET Corp., KOA Corp., KYOCERA AVX Components Corp, Kyocera Corp., Mouser Electronics Inc., Murata Manufacturing Co. Ltd., NICHICON Corp, Nippon Chemi Con Corp, Panasonic Corp., ROHM Co. Ltd., Rubycon Corp, Ryosan Co, Samsung Electro Mechanics Co. Ltd, SUMIDA Corp, TAIYO YUDEN CO. LTD., TDK Corp., Vishay Intertechnology Inc., Walsin Technology Corp., Yageo Corp are a few of the key vendors in the passive component market market.
              APAC will register the highest growth rate of 61% among the other regions. Therefore, the passive component market market in APAC is expected to garner significant business opportunities for the vendors during the forecast period.
              The key factors driving the passive component market market growth are:
              • Rise in the need for passive components in space applications
              • Advancement of IoT in industries
              The passive component market market vendors should focus on grabbing business opportunities from the capacitors segment as it accounted for the largest market share in the base year.
              • What are the key global market and the regional market share?
              • What are the revenue-generating key market segments?
              • What are the key factors driving and challenging this market’s growth?
              • Who are the key market vendors and their growth strategies?
              • What are the latest trends influencing the growth of this market?
              • What are the variables influencing the market growth in the primary regions?
              • What are the factors influencing the growth of the parent market?
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