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Passive Electronic Components Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027

Market Overview:

The global passive electronic components market reached a value of US$ 34.11 Billion in 2021. Looking forward, IMARC Group expects the market to reach a value of US$ 46.87 Billion by 2027, exhibiting a CAGR of 5.10% during 2022-2027. Keeping in mind the uncertainties of COVID-19, we are continuously tracking and evaluating the direct as well as the indirect influence of the pandemic on different end use industries. These insights are included in the report as a major market contributor.

Passive electronic components refer to electrical parts that do not generate power and are incapable of power gain. They consist of capacitors, resistors, transformers, inductors and coils. They are manufactured using tantalum, ceramic, aluminum electrolytic, paper and plastic films. Passive electronic components absorb energy and do not require electrical power to operate. They are commonly used in various electronic devices, such as computers, home appliances, smartphones and gaming consoles. They are reliable, easy to design, cost-effective and can easily handle large voltage currents and power without the requirement of a power supply and amplifying elements.  As a result, passive electronic components are widely used across medical, automotive, aerospace, energy, telecommunications, defense, and data storage industries.

 

 
 

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Note: Values and trends in the above chart consists of dummy data and are only shown here for representation purpose. Kindly contact us for the actual market size and trends.

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Passive Electronic Components Market Trends:

Significant growth in the automotive industry across the globe is creating a positive outlook for the market. Passive electronic components are widely used in specialized and high-performing components, such as emergency brake assistance systems and infotainment. In line with this, the increasing demand for electric vehicles (EVs) due to environmental and emission concerns is favoring the market growth. Additionally, various new product innovations, such as the introduction of wire wound and metal oxide high-power resistors that assists in monitoring circuits and diagnosing and testing sensors, are providing an impetus to the market growth. Furthermore, the growing miniaturization of passive electrical components that can easily be used in consumer electronics, such as smartphones, cameras and speakers, is positively impacting the market growth. Apart from this, the widespread product utilization in medical devices integrated with sensors to collect data about patients, extensive research and development (RD&D) activities and the introduction of various shapes and geometries of inductors are anticipated to drive the market toward growth.

Key Market Segmentation:

IMARC Group provides an analysis of the key trends in each sub-segment of the global passive electronic components market, along with forecasts at the global, regional and country level from 2022-2027. Our report has categorized the market based on type and end use industry.

Breakup by Type:

 

 
 

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  • Capacitor
    • Ceramic Capacitors
    • Tantalum Capacitors
    • Aluminum Electrolytic Capacitors
    • Paper and Plastic Film Capacitors
    • Supercapacitors
  • Inductor
    • Power
    • Frequency
  • Resistor
    • Surface-mounted Chips
    • Network
    • Wirewound
    • Film/Oxide/Foil
    • Carbon
       

Breakup by End Use Industry:

  • Aerospace and Defense
  • Consumer Electronics
  • Information Technology
  • Automotive
  • Industrial
  • Others
     

Breakup by Region:

 

 
 

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  • North America
    • United States
    • Canada
  • Asia-Pacific
    • China
    • Japan
    • India
    • South Korea
    • Australia
    • Indonesia
    • Others
  • Europe
    • Germany
    • France
    • United Kingdom
    • Italy
    • Spain
    • Russia
    • Others
  • Latin America
    • Brazil
    • Mexico
    • Others
  • Middle East and Africa
     

Competitive Landscape:

The competitive landscape of the industry has also been examined along with the profiles of the key players being Eaton Corporation PLC, KOA Corporation, Kyocera Corporation, Murata Manufacturing Co. Ltd., Panasonic Corporation, Samsung Electro-Mechanics Co. Ltd., Taiyo Yuden Co. Ltd., TDK Corporation, TE Connectivity, TT Electronics Plc, Vishay Intertechnology Inc. and Yageo Corporation.

Report Coverage:

Report Features Details
Base Year of the Analysis 2021
    Historical Period 2016-2021
Forecast Period 2022-2027
Units US$ Billion
Segment Coverage Type, End Use Industry, Region
Region Covered  Asia Pacific, Europe, North America, Latin America, Middle East and Africa
Countries Covered United States, Canada, Germany, France, United Kingdom, Italy, Spain, Russia, China, Japan, India, South Korea, Australia, Indonesia, Brazil, Mexico
Companies Covered Eaton Corporation PLC, KOA Corporation, Kyocera Corporation, Murata Manufacturing Co. Ltd., Panasonic Corporation, Samsung Electro-Mechanics Co. Ltd., Taiyo Yuden Co. Ltd., TDK Corporation, TE Connectivity, TT Electronics Plc, Vishay Intertechnology Inc. and Yageo Corporation.
Customization Scope 10% Free Customization
Report Price and Purchase Option Single User License: US$ 2499
Five User License: US$ 3499
Corporate License: US$ 4499
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)

1    Preface
2    Scope and Methodology

    2.1    Objectives of the Study
    2.2    Stakeholders
    2.3    Data Sources
        2.3.1    Primary Sources
        2.3.2    Secondary Sources
    2.4    Market Estimation
        2.4.1    Bottom-Up Approach
        2.4.2    Top-Down Approach
    2.5    Forecasting Methodology
3    Executive Summary
4    Introduction

    4.1    Overview
    4.2    Key Industry Trends
5    Global Passive Electronic Components Market
    5.1    Market Overview
    5.2    Market Performance
    5.3    Impact of COVID-19
    5.4    Market Forecast
6    Market Breakup by Type
    6.1    Capacitor
        6.1.1 Market Trends
        6.1.2 Key Segments
           6.1.2.1 Ceramic Capacitors
           6.1.2.2 Tantalum Capacitors
           6.1.2.3 Aluminum Electrolytic Capacitors
           6.1.2.4 Paper and Plastic Film Capacitors
           6.1.2.5 Supercapacitors
        6.1.3 Market Forecast
    6.2    Inductor
        6.2.1 Market Trends
        6.2.2 Key Segments
           6.2.2.1 Power
           6.2.2.2 Frequency
        6.2.3 Market Forecast
    6.3    Resistor
        6.3.1 Market Trends
        6.3.2 Key Segments
           6.3.2.1 Surface-mounted Chips
           6.3.2.2 Network
           6.3.2.3 Wirewound
           6.3.2.4 Film/Oxide/Foil
           6.3.2.5 Carbon
        6.3.3 Market Forecast
7    Market Breakup by End Use Industry
    7.1    Aerospace and Defense
        7.1.1 Market Trends
        7.1.2 Market Forecast
    7.2    Consumer Electronics
        7.2.1 Market Trends
        7.2.2 Market Forecast
    7.3    Information Technology
        7.3.1 Market Trends
        7.3.2 Market Forecast
    7.4    Automotive
        7.4.1 Market Trends
        7.4.2 Market Forecast
    7.5    Industrial
        7.5.1 Market Trends
        7.5.2 Market Forecast
    7.6    Others
        7.6.1 Market Trends
        7.6.2 Market Forecast
8    Market Breakup by Region
    8.1    North America
        8.1.1 United States
           8.1.1.1 Market Trends
           8.1.1.2 Market Forecast
        8.1.2 Canada
           8.1.2.1 Market Trends
           8.1.2.2 Market Forecast
    8.2    Asia-Pacific
        8.2.1 China
           8.2.1.1 Market Trends
           8.2.1.2 Market Forecast
        8.2.2 Japan
           8.2.2.1 Market Trends
           8.2.2.2 Market Forecast
        8.2.3 India
           8.2.3.1 Market Trends
           8.2.3.2 Market Forecast
        8.2.4 South Korea
           8.2.4.1 Market Trends
           8.2.4.2 Market Forecast
        8.2.5 Australia
           8.2.5.1 Market Trends
           8.2.5.2 Market Forecast
        8.2.6 Indonesia
           8.2.6.1 Market Trends
           8.2.6.2 Market Forecast
        8.2.7 Others
           8.2.7.1 Market Trends
           8.2.7.2 Market Forecast
    8.3    Europe
        8.3.1 Germany
           8.3.1.1 Market Trends
           8.3.1.2 Market Forecast
        8.3.2 France
           8.3.2.1 Market Trends
           8.3.2.2 Market Forecast
        8.3.3 United Kingdom
           8.3.3.1 Market Trends
           8.3.3.2 Market Forecast
        8.3.4 Italy
           8.3.4.1 Market Trends
           8.3.4.2 Market Forecast
        8.3.5 Spain
           8.3.5.1 Market Trends
           8.3.5.2 Market Forecast
        8.3.6 Russia
           8.3.6.1 Market Trends
           8.3.6.2 Market Forecast
        8.3.7 Others
           8.3.7.1 Market Trends
           8.3.7.2 Market Forecast
    8.4    Latin America
        8.4.1 Brazil
           8.4.1.1 Market Trends
           8.4.1.2 Market Forecast
        8.4.2 Mexico
           8.4.2.1 Market Trends
           8.4.2.2 Market Forecast
        8.4.3 Others
           8.4.3.1 Market Trends
           8.4.3.2 Market Forecast
    8.5    Middle East and Africa
        8.5.1 Market Trends
        8.5.2 Market Breakup by Country
        8.5.3 Market Forecast
9    SWOT Analysis
    9.1    Overview
    9.2    Strengths
    9.3    Weaknesses
    9.4    Opportunities
    9.5    Threats
10    Value Chain Analysis
11    Porters Five Forces Analysis

    11.1    Overview
    11.2    Bargaining Power of Buyers
    11.3    Bargaining Power of Suppliers
    11.4    Degree of Competition
    11.5    Threat of New Entrants
    11.6    Threat of Substitutes
12    Price Analysis
13    Competitive Landscape

    13.1    Market Structure
    13.2    Key Players
    13.3    Profiles of Key Players
        13.3.1    Eaton Corporation PLC
           13.3.1.1 Company Overview
           13.3.1.2 Product Portfolio
           13.3.1.3 Financials
           13.3.1.4 SWOT Analysis
        13.3.2    KOA Corporation
           13.3.2.1 Company Overview
           13.3.2.2 Product Portfolio
           13.3.2.3 Financials
        13.3.3    Kyocera Corporation
           13.3.3.1 Company Overview
           13.3.3.2 Product Portfolio
           13.3.3.3 Financials
           13.3.3.4 SWOT Analysis
        13.3.4    Murata Manufacturing Co. Ltd.
           13.3.4.1 Company Overview
           13.3.4.2 Product Portfolio
           13.3.4.3 Financials
           13.3.4.4 SWOT Analysis
        13.3.5    Panasonic Corporation
           13.3.5.1 Company Overview
           13.3.5.2 Product Portfolio
           13.3.5.3 Financials
           13.3.5.4 SWOT Analysis
        13.3.6    Samsung Electro-Mechanics Co. Ltd.
           13.3.6.1 Company Overview
           13.3.6.2 Product Portfolio
           13.3.6.3 Financials
           13.3.6.4 SWOT Analysis
        13.3.7    Taiyo Yuden Co. Ltd.
           13.3.7.1 Company Overview
           13.3.7.2 Product Portfolio
           13.3.7.3 Financials
        13.3.8    TDK Corporation
           13.3.8.1 Company Overview
           13.3.8.2 Product Portfolio
           13.3.8.3 Financials
           13.3.8.4 SWOT Analysis
        13.3.9    TE Connectivity
           13.3.9.1 Company Overview
           13.3.9.2 Product Portfolio
           13.3.9.3 Financials
           13.3.9.4 SWOT Analysis
        13.3.10    TT Electronics Plc 
           13.3.10.1 Company Overview
           13.3.10.2 Product Portfolio
           13.3.10.3 Financials
        13.3.11    Vishay Intertechnology Inc.
           13.3.11.1 Company Overview
           13.3.11.2 Product Portfolio
           13.3.11.3 Financials
           13.3.11.4 SWOT Analysis
        13.3.12    Yageo Corporation
           13.3.12.1 Company Overview
           13.3.12.2 Product Portfolio
           13.3.12.3 Financials

List of Figures

Figure 1: Global: Passive Electronic Components Market: Major Drivers and Challenges
Figure 2: Global: Passive Electronic Components Market: Sales Value (in Billion US$), 2016-2021
Figure 3: Global: Passive Electronic Components Market Forecast: Sales Value (in Billion US$), 2022-2027
Figure 4: Global: Passive Electronic Components Market: Breakup by Type (in %), 2021
Figure 5: Global: Passive Electronic Components Market: Breakup by End Use Industry (in %), 2021
Figure 6: Global: Passive Electronic Components Market: Breakup by Region (in %), 2021
Figure 7: Global: Passive Electronic Components (Capacitor) Market: Sales Value (in Million US$), 2016 & 2021
Figure 8: Global: Passive Electronic Components (Capacitor) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 9: Global: Passive Electronic Components (Inductor) Market: Sales Value (in Million US$), 2016 & 2021
Figure 10: Global: Passive Electronic Components (Inductor) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 11: Global: Passive Electronic Components (Resistor) Market: Sales Value (in Million US$), 2016 & 2021
Figure 12: Global: Passive Electronic Components (Resistor) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 13: Global: Passive Electronic Components (Aerospace and Defense) Market: Sales Value (in Million US$), 2016 & 2021
Figure 14: Global: Passive Electronic Components (Aerospace and Defense) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 15: Global: Passive Electronic Components (Consumer Electronics) Market: Sales Value (in Million US$), 2016 & 2021
Figure 16: Global: Passive Electronic Components (Consumer Electronics) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 17: Global: Passive Electronic Components (Information Technology) Market: Sales Value (in Million US$), 2016 & 2021
Figure 18: Global: Passive Electronic Components (Information Technology) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 19: Global: Passive Electronic Components (Automotive) Market: Sales Value (in Million US$), 2016 & 2021
Figure 20: Global: Passive Electronic Components (Automotive) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 21: Global: Passive Electronic Components (Industrial) Market: Sales Value (in Million US$), 2016 & 2021
Figure 22: Global: Passive Electronic Components (Industrial) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 23: Global: Passive Electronic Components (Other End Use Industries) Market: Sales Value (in Million US$), 2016 & 2021
Figure 24: Global: Passive Electronic Components (Other End Use Industries) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 25: North America: Passive Electronic Components Market: Sales Value (in Million US$), 2016 & 2021
Figure 26: North America: Passive Electronic Components Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 27: United States: Passive Electronic Components Market: Sales Value (in Million US$), 2016 & 2021
Figure 28: United States: Passive Electronic Components Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 29: Canada: Passive Electronic Components Market: Sales Value (in Million US$), 2016 & 2021
Figure 30: Canada: Passive Electronic Components Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 31: Asia-Pacific: Passive Electronic Components Market: Sales Value (in Million US$), 2016 & 2021
Figure 32: Asia-Pacific: Passive Electronic Components Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 33: China: Passive Electronic Components Market: Sales Value (in Million US$), 2016 & 2021
Figure 34: China: Passive Electronic Components Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 35: Japan: Passive Electronic Components Market: Sales Value (in Million US$), 2016 & 2021
Figure 36: Japan: Passive Electronic Components Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 37: India: Passive Electronic Components Market: Sales Value (in Million US$), 2016 & 2021
Figure 38: India: Passive Electronic Components Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 39: South Korea: Passive Electronic Components Market: Sales Value (in Million US$), 2016 & 2021
Figure 40: South Korea: Passive Electronic Components Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 41: Australia: Passive Electronic Components Market: Sales Value (in Million US$), 2016 & 2021
Figure 42: Australia: Passive Electronic Components Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 43: Indonesia: Passive Electronic Components Market: Sales Value (in Million US$), 2016 & 2021
Figure 44: Indonesia: Passive Electronic Components Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 45: Others: Passive Electronic Components Market: Sales Value (in Million US$), 2016 & 2021
Figure 46: Others: Passive Electronic Components Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 47: Europe: Passive Electronic Components Market: Sales Value (in Million US$), 2016 & 2021
Figure 48: Europe: Passive Electronic Components Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 49: Germany: Passive Electronic Components Market: Sales Value (in Million US$), 2016 & 2021
Figure 50: Germany: Passive Electronic Components Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 51: France: Passive Electronic Components Market: Sales Value (in Million US$), 2016 & 2021
Figure 52: France: Passive Electronic Components Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 53: United Kingdom: Passive Electronic Components Market: Sales Value (in Million US$), 2016 & 2021
Figure 54: United Kingdom: Passive Electronic Components Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 55: Italy: Passive Electronic Components Market: Sales Value (in Million US$), 2016 & 2021
Figure 56: Italy: Passive Electronic Components Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 57: Spain: Passive Electronic Components Market: Sales Value (in Million US$), 2016 & 2021
Figure 58: Spain: Passive Electronic Components Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 59: Russia: Passive Electronic Components Market: Sales Value (in Million US$), 2016 & 2021
Figure 60: Russia: Passive Electronic Components Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 61: Others: Passive Electronic Components Market: Sales Value (in Million US$), 2016 & 2021
Figure 62: Others: Passive Electronic Components Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 63: Latin America: Passive Electronic Components Market: Sales Value (in Million US$), 2016 & 2021
Figure 64: Latin America: Passive Electronic Components Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 65: Brazil: Passive Electronic Components Market: Sales Value (in Million US$), 2016 & 2021
Figure 66: Brazil: Passive Electronic Components Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 67: Mexico: Passive Electronic Components Market: Sales Value (in Million US$), 2016 & 2021
Figure 68: Mexico: Passive Electronic Components Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 69: Others: Passive Electronic Components Market: Sales Value (in Million US$), 2016 & 2021
Figure 70: Others: Passive Electronic Components Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 71: Middle East and Africa: Passive Electronic Components Market: Sales Value (in Million US$), 2016 & 2021
Figure 72: Middle East and Africa: Passive Electronic Components Market: Breakup by Country (in %), 2021
Figure 73: Middle East and Africa: Passive Electronic Components Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 74: Global: Passive Electronic Components Industry: SWOT Analysis
Figure 75: Global: Passive Electronic Components Industry: Value Chain Analysis
Figure 76: Global: Passive Electronic Components Industry: Porter's Five Forces Analysis

List of Tables

Table 1: Global: Passive Electronic Components Market: Key Industry Highlights, 2021 and 2027
Table 2: Global: Passive Electronic Components Market Forecast: Breakup by Type (in Million US$), 2022-2027
Table 3: Global: Passive Electronic Components Market Forecast: Breakup by End Use Industry (in Million US$), 2022-2027
Table 4: Global: Passive Electronic Components Market Forecast: Breakup by Region (in Million US$), 2022-2027
Table 5: Global: Passive Electronic Components Market: Competitive Structure
Table 6: Global: Passive Electronic Components Market: Key Players


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Key Questions Answered in This Report

The global passive electronic components market was valued at US$ 34.11 Billion in 2021.

We expect the global passive electronic components market to exhibit a CAGR of 5.10% during 2022-2027.

The extensive utilization of passive electronic components in various electronic devices, computers, home appliances, gaming consoles, smartphones, etc., as they do not require continuous electrical power to operate, is primarily driving the global passive electronic components market.

The sudden outbreak of the COVID-19 pandemic had led to the implementation of stringent lockdown regulations across several nations, resulting in the temporary closure of numerous end-use industries for passive electronic components.

Based on the type, the global passive electronic components market has been segmented into capacitor, inductor, and resistor. Currently, capacitor holds the majority of the total market share.

Based on the end use industry, the global passive electronic components market can be divided into aerospace and defense, consumer electronics, information technology, automotive, industrial, and others. Among these, the consumer electronics industry exhibits a clear dominance in the market.

On a regional level, the market has been classified into North America, Asia-Pacific, Europe, Latin America, and Middle East and Africa, where Asia-Pacific currently dominates the global market.

Some of the major players in the global passive electronic components market include Eaton Corporation PLC, KOA Corporation, Kyocera Corporation, Murata Manufacturing Co. Ltd., Panasonic Corporation, Samsung Electro-Mechanics Co. Ltd., Taiyo Yuden Co. Ltd., TDK Corporation, TE Connectivity, TT Electronics Plc, Vishay Intertechnology Inc., and Yageo Corporation.

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