India Passive Electronic Components Market 2033

India Passive Electronic Components Market Size, Share, Trends and Forecast by Type, End Use Industry, and Region, 2025-2033

Report Format: PDF+Excel | Report ID: SR112025A31505

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India Passive Electronic Components Market Overview:

The India passive electronic components market size reached USD 3.60 Billion in 2024. Looking forward, IMARC Group expects the market to reach USD 4.90 Billion by 2033, exhibiting a growth rate (CAGR) of 3.10% during 2025-2033. Government initiatives such as the Production-Linked Incentive (PLI) scheme, rising demand for consumer electronics, expanding domestic manufacturing capabilities, substantial investments in semiconductor and component production, and the push for self-reliance under the "Make in India" initiative are key factors driving India's passive electronic components market.

Report Attribute	Key Statistics
Base Year	2024
Forecast Years	2025-2033
Historical Years	2019-2024
Market Size in 2024	USD 3.60 Billion
Market Forecast in 2033	USD 4.90 Billion
Market Growth Rate 2025-2033	3.10%

India Passive Electronic Components Market Trends:

Rapid Growth of the Consumer Electronics Industry

One of the key drivers of the demand for passive electronic components in India is the rapid progress of the consumer electronics industry. India has become a major market for electronics products like smartphones, laptops, televisions, and wearable devices, which heavily depend on passive components such as resistors, capacitors, and inductors. As per the IMARC Group, the India consumer electronics market reached USD 152.59 Billion by 2033. With the increasing number of middle-class people and higher disposable incomes, the penetration of smart devices has accelerated, hence escalating demand for high-performance miniaturized passive components. The "Make in India" scheme initiated by the Indian government has also supported the local production of electronic items by making indigenous electronics manufacturing a favorite destination for the production of electronic components. The emergence of Internet of Things (IoT) devices and smart home technology further increases the need for passive components since these devices require efficient circuit designs that include different resistors, capacitors, and inductors to function smoothly.

India Passive Electronic Components Market Size

Expansion of the Automotive and Industrial Sectors

The expanding automobile sector in India, especially the transition to electric vehicles (EVs), is another key trend driving the market for passive electronic components. EVs need sophisticated electronic systems to manage batteries, distribute power, and provide entertainment within the vehicle, all of which are reliant on passive components. Moreover, the use of Advanced Driver Assistance Systems (ADAS) and infotainment systems in newer vehicles raises the need for capacitors, transformers, and inductors. In addition to the automotive industry, industrial automation and intelligent manufacturing trends have also driven the need for passive electronic components. The development in Industry 4.0 technologies, such as robotics, machine learning, and automated production lines, necessitates strong electronic circuits for smooth operation. With more investments in infrastructure and automation, the need for high-reliability and durable passive components in India is on the rise, and it is a major driver of the industry.

India Passive Electronic Components Market Segmentation:

IMARC Group provides an analysis of the key trends in each segment of the market, along with forecasts at the region/country level for 2025-2033. Our report has categorized the market based on type and end use industry.

Type Insights:

Capacitor
- Ceramic Capacitors
- Tantalum Capacitors
- Aluminum Electrolytic Capacitors
- Paper and Plastic Film Capacitors
- Supercapacitors
Inductor
- Power
- Frequency
Resistor
- Surface-Mounted Chips
- Network
- Wire wound
- Film/Oxide/Foil
- Carbon

The report has provided a detailed breakup and analysis of the market based on the type. This includes capacitor (ceramic capacitors, tantalum capacitors, aluminum electrolytic capacitors, paper and plastic film capacitors, and supercapacitors), inductor (power and frequency), and resistor (surface-mounted chips, network, wire wound, film/oxide/foil, and carbon).

End Use Industry Insights:

Aerospace and Defense
Consumer Electronics
Information Technology
Automotive
Industrial
Others

A detailed breakup and analysis of the market based on the end use industry have also been provided in the report. This includes aerospace and defense, consumer electronics, information technology, automotive, industrial, and others.

Regional Insights:

North India
South India
East India
West India

The report has also provided a comprehensive analysis of all the major regional markets, which include North India, South India, East India, and West India.

Competitive Landscape:

The market research report has also provided a comprehensive analysis of the competitive landscape. Competitive analysis such as market structure, key player positioning, top winning strategies, competitive dashboard, and company evaluation quadrant has been covered in the report. Also, detailed profiles of all major companies have been provided.

India Passive Electronic Components Market News:

November 2024: Keltron inaugurated India's first supercapacitor manufacturing unit at Kannur in Kerala. This new development augments indigenous manufacturing strengths, cutting imports of these important passive components. The setup augments India's role in the international electronics sector by developing indigenous capabilities for the production of high-tech electronic components.
October 2024: A report by FICCI found that Taiwanese businesses had a USD 15 billion investment potential in India's EV and electronics sectors, with fields such as PCBs and passive devices. The investment opportunity will help augment the local production of passive electronic components. As a result, the additional manufacturing capability is likely to reinforce India's role in the global electronics value chain.

India Passive Electronic Components Market Report Coverage:

Report Features	Details
Base Year of the Analysis	2024
Historical Period	2019-2024
Forecast Period	2025-2033
Units	Billion USD
Scope of the Report	Exploration of Historical Trends and Market Outlook, Industry Catalysts and Challenges, Segment-Wise Historical and Future Market Assessment: Type End Use Industry Region
Types Covered	Capacitor: Ceramic Capacitors, Tantalum Capacitors, Aluminum Electrolytic Capacitors, Paper and Plastic Film Capacitors, Supercapacitors Inductor: Power, Frequency Resistor: Surface-Mounted Chips, Network, Wire Wound, Film/Oxide/Foil, Carbon
End Use Industries Covered	Aerospace and Defense, Consumer Electronics, Information Technology, Automotive, Industrial, Others
Regions Covered	North India, South India, East India, West India
Customization Scope	10% Free Customization
Post-Sale Analyst Support	10-12 Weeks
Delivery Format	PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request)

Key Questions Answered in This Report:

How has the India passive electronic components market performed so far and how will it perform in the coming years?
What is the breakup of the India passive electronic components market on the basis of type?
What is the breakup of the India passive electronic components market on the basis of end use industry?
What are the various stages in the value chain of the India passive electronic components market?
What are the key driving factors and challenges in the India passive electronic components market?
What is the structure of the India passive electronic components market and who are the key players?
What is the degree of competition in the India passive electronic components market?

Key Benefits for Stakeholders:

IMARC’s industry report offers a comprehensive quantitative analysis of various market segments, historical and current market trends, market forecasts, and dynamics of the India passive electronic components market from 2019-2033.
The research report provides the latest information on the market drivers, challenges, and opportunities in the India passive electronic components market.
Porter's five forces analysis assist stakeholders in assessing the impact of new entrants, competitive rivalry, supplier power, buyer power, and the threat of substitution. It helps stakeholders to analyze the level of competition within the India passive electronic components industry and its attractiveness.
Competitive landscape allows stakeholders to understand their competitive environment and provides an insight into the current positions of key players in the market.

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