HOME Top Market Reports Interconnects and Passive Components Market by Passive Components (Resistor, Capacitor, Inductor, Transformer, and Diode), Interconnect Type (PCB, Connector, Switch, Relay, Adapter, Terminal, Splice, and Socket), Application, and Region - Global Forecast to 2022

Interconnects and Passive Components Market by Passive Components (Resistor, Capacitor, Inductor, Transformer, and Diode), Interconnect Type (PCB, Connector, Switch, Relay, Adapter, Terminal, Splice, and Socket), Application, and Region - Global Forecast to 2022

By: marketsandmarkets.com
Publishing Date: March 2017
Report Code: SE 5125

 

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The interconnects and passive components market is expected to grow at a CAGR of 4.41% from 2016 and reach USD 187.55 Billion by 2022. The base year used for study is 2016 and the forecast period is between 2017 and 2022. This report provides a detailed analysis of interconnects and passive components market based on product type, passive component type, interconnect type, application, and geography. It has been estimated that interconnects would hold the largest share of interconnects and passive components market during the forecast period and is expected to grow at the highest CAGR between 2017 and 2022.

To estimate the size of interconnects and passive components market, we have considered the top players and their share in this market. This research study involves extensive use of secondary sources such as study of annual and financial reports of top players, presentations, press releases, journals, paid databases, and interviews with industry experts.

The research methodology is explained below:

  • Analyzing the overall size of the individual markets through the percentage split with the help of primary and secondary research
  • Analyzing the several market segments and subsegments   
  • Analyzing the supply and demand sides of the interconnects and passive components ecosystem
  • Analyzing the market trends in various regions and countries, supported by the ongoing research and development (R&D) in these regions
  • Finalizing the overall market sizes by triangulation with supply-side data, which includes product developments, supply chain, and estimated sales of the interconnects and passive components market

After arriving at the overall market size, the total market has been split into several segments and subsegments and has been confirmed with the key industry experts. The following figure depicts the breakdown of primaries conducted during the research study on the basis of company, designation, and region.

Interconnects and Passive Components Market

To know about the assumptions considered for the study, download the pdf brochure

Market Ecosystem

The interconnects and passive components market includes component suppliers such as Norsk Hydro ASA (Norway), Guangzhou Copper Factory Co., Ltd. (China), and Celtic Chemicals Ltd (U.K.); component manufacturers such as Hirose Electric Co. Ltd. (Japan),  Hon Hai Precision Industry Co. Ltd.( Foxconn) (Taiwan), JST Mfg. Co. Ltd. (Japan) and TT Electronics Plc. (U.K.); and system integrators such as Panasonic Corporation (Japan), TE Connectivity Ltd. (Switzerland), AVX Corporation (U.S.) and Cisco Systems, Inc. (U.S.).

Target Audience:

  • Technology providers
  • Research organizations
  • Government organizations
  • Technology investors
  • Technology standards organizations
  • Forums, alliances, and associations, and government bodies
  • Venture capitalists
  • Private equity firms, analysts and strategic business planners, and others.

Market covered under this report:

This research report categorizes the overall interconnects and passive components market on the basis of product type, passive component type, interconnect type, application, and region.

Interconnects and passive components Market, By Product Type

  • Passive components
    • Resistors
    • Inductors
    • Capacitors
    • Transformers
    • Diodes
  • Interconnects
    • Printed Circuit Boards
    • Connectors
    • Switches
    • Relays
    • Others (adapters, terminals, splices and sockets)

Interconnects and passive components Market, By Application

  • Consumer Electronics
  • Data Processing
  • Telecommunication
  • Military and Aerospace
  • Automotive
  • Industrial
  • Healthcare

Interconnects and passive components Market, By Region

  • Americas
    • North America
      • U.S.
      • Canada
    • Latin America
      • Brazil
      • Rest of Latin America
  • Europe
    • Germany
    • U.K.
    • France
    • Italy
    • Rest of Europe (Spain, Belgium, Netherlands, and Russia)
  • Asia-Pacific (APAC)
    • China
    • Japan
    • India
    • Taiwan
    • South Korea
    • Rest of APAC(Australia, Singapore, AND Malaysia)
  • Rest of the World (RoW)
    • Middle East
    • Africa

Available Customizations:

With the given market data, MarketsandMarkets offers customizations according to the clients’ specific needs. The following customization options are available for the report:

Regional Analysis

Further breakdown of region-/country-specific analysis

Company Information

Detailed analysis and profiling of additional market players (up to five)

Table of Contents

1 Introduction (Page No. - 16)
    1.1 Objectives of the Study
    1.2 Market Definition
    1.3 Scope of the Study
           1.3.1 Markets Covered
           1.3.2 Years Considered for the Study
    1.4 Currency
    1.5 Package Size
    1.6 Limitations
    1.7 Stakeholders

2 Research Methodology (Page No. - 19)
    2.1 Research Data
           2.1.1 Secondary Data
                    2.1.1.1 Key Data From Secondary Sources
           2.1.2 Primary Data
                    2.1.2.1 Key Data From Primary Sources
                    2.1.2.2 Key Industry Insights
                    2.1.2.3 Breakdown of Primaries
    2.2 Market Size Estimation
    2.3 Market Breakdown & Data Triangulation
    2.4 Research Assumptions

3 Executive Summary (Page No. - 27)

4 Premium Insights (Page No. - 31)
    4.1 Attractive Opportunities for the Passive and Interconnect Market
    4.2 Passive and Interconnect Market, By Product Type
    4.3 Passive and Interconnect Market, By Passive Component
    4.4 Passive and Interconnect Market, By Interconnects
    4.5 Passive and Interconnect Market, By Application

5 Market Overview (Page No. - 35)
    5.1 Market Segmentation
    5.2 Market Dynamics
           5.2.1 Drivers
                    5.2.1.1 High Demand for Passive Components and Interconnects in 3c Applications
                    5.2.1.2 Proliferation of Automotive Infotainment and Consumer Electronics
                    5.2.1.3 Government Support for HCIT Solutions
                    5.2.1.4 Increasing Demand for Miniaturized and High-Performance Electronic Devices
                    5.2.1.5 Advancements in Industrial M2m Communication Technology and Rising Industrial Automation
           5.2.2 Restraints
                    5.2.2.1 Overall Drop in Global Commodity Prices
                    5.2.2.2 Declining Profit Margins of Manufacturers
           5.2.3 Opportunities
                    5.2.3.1 Rising Adoption of Robots Across Industries
                    5.2.3.2 Opportunities for High-Temperature Capacitors and Chip-Level Optical Interconnects
           5.2.4 Challenges
                    5.2.4.1 Standardization of Products
                    5.2.4.2 Maintaining the Temperature and Resistance of Components

6 Industry Trends (Page No. - 45)
    6.1 Introduction
    6.2 Value Chain Analysis
           6.2.1 Research and Development
           6.2.2 Manufacturing
           6.2.3 Assembly
           6.2.4 Marketing and Sales
           6.2.5 End Users
    6.3 Porter’s Five Forces
           6.3.1 Bargaining Power of Suppliers
           6.3.2 Bargaining Power of Buyers
           6.3.3 Threat of Substitutes
           6.3.4 Threat of New Entrants
           6.3.5 Intensity of Competitive Rivalry
    6.4 Key Trends

7 Passive and Interconnect Market, By Type (Page No. - 52)
    7.1 Introduction
    7.2 Passive Components
    7.3 Interconnects
    7.4 Types of Passive Components
           7.4.1 Resistors
           7.4.2 Inductors
           7.4.3 Capacitors
           7.4.4 Transformers
           7.4.5 Diodes
    7.5 Types of Interconnects
           7.5.1 Printed Circuit Boards
           7.5.2 Connectors
           7.5.3 Switches
           7.5.4 Relays
           7.5.5 Others

8 Passive and Interconnect Market, By Application (Page No. - 71)
    8.1 Introduction
    8.2 Consumer Electronics
    8.3 Data Processing
    8.4 Telecommunication
    8.5 Military and Aerospace
    8.6 Automotive
    8.7 Industrial
    8.8 Healthcare

9 Passive and Interconnect Market, By Region (Page No. - 80)
    9.1 Introduction
    9.2 Americas
           9.2.1 North America
                    9.2.1.1 U.S.
                    9.2.1.2 Canada
           9.2.2 Latin America
                    9.2.2.1 Brazil
                    9.2.2.2 Rest of Latin America
    9.3 Europe
           9.3.1 Germany
           9.3.2 France
           9.3.3 Italy
           9.3.4 U.K.
           9.3.5 Rest of Europe
    9.4 APAC
           9.4.1 China
           9.4.2 Japan
           9.4.3 India
           9.4.4 Taiwan
           9.4.5 South Korea
           9.4.6 Rest of APAC
    9.5 RoW
           9.5.1 Middle East
           9.5.2 Africa

10 Competitive Landscape (Page No. - 108)
     10.1 Introduction
     10.2 Ranking of Market Players, 2016
     10.3 Competitive Scenario and Trends
             10.3.1 New Product Launches
             10.3.2 Agreements, Partnerships, and Business Expansions
             10.3.3 Mergers & Acquisitions

11 Company Profiles (Page No. - 115)
     11.1 Introduction
(Business Overview, Products & Services, Key Insights, Recent Developments, SWOT Analysis, Ratio Analysis, MnM View)*
     11.2 TE Connectivity Ltd.
     11.3 Amphenol Corporation
     11.4 Molex Incorporated
     11.5 Hirose Electric Co., Ltd
     11.6 Delphi Automotive LLP
     11.7 TT Electronics PLC
     11.8 Japan Aviation Electronics Industry, Ltd.
     11.9 AVX Corporation
     11.10 Cisco Systems, Inc.
     11.11 Yazaki Corporation
     11.12 Panasonic Corporation
     11.13 Ametek, Inc.
     11.14 Hubbell Incorporated (Burndy LLC)
     11.15 Hon Hai Precision Industry Co., Ltd.
     11.16 JST MFG. Co., Ltd.
     11.17 Key Innovators
             11.17.1 Chogori Technology Co., Ltd
             11.17.2 Suzhou Zeeteq Electronics Co., Ltd
             11.17.3 Toyo Connectors
             11.17.4 Ipdia
             11.17.5 HVP Global, LLC

*Details on Business Overview, Products & Services, Key Insights, Recent Developments, SWOT Analysis, MnM View Might Not Be Captured in Case of Unlisted Companies.

12 Appendix (Page No. - 152)
     12.1 Insights of Industry Experts
     12.2 Discussion Guide
     12.3 Knowledge Store: Marketsandmarkets’ Subscription Portal
     12.4 Introducing RT: Real-Time Market Intelligence
     12.5 Available Customizations
     12.6 Related Reports
     12.7 Author Details


List of Tables (74 Tables)

Table 1 Passive and Interconnects Market, By Type
Table 2 Market for Passive Components, By Type
Table 3 Market for Interconnects, By Type
Table 4 Passive and Interconnects Market, By Application
Table 5 Porter’s Five Force Analysis: Threat of New Entrant Expected to Have A Medium Impact on the Passive and Interconnect Market
Table 6 Key Trends in Passive and Interconnect Market
Table 7 Passive and Interconnect Market, By Type, 2014–2022 (USD Billion)
Table 8 Passive and Interconnect Market, By Type, 2014-2022 (Billion Units)
Table 9 Passive and Interconnect Market, By Passive Components, 2014–2022 (USD Billion)
Table 10 Passive Components Market, By Region, 2014–2022 (USD Billion)
Table 11 Passive and Interconnect Market, By Interconnects, 2014–2022 (USD Billion)
Table 12 Interconnects Market, By Region, 2014–2022 (USD Billion)
Table 13 Passive and Interconnect Market for Resistors, By Region, 2014–2022 (USD Billion)
Table 14 Passive and Interconnect Market for Inductors, By Region, 2014–2022 (USD Billion)
Table 15 Passive and Interconnect Market for Capacitors, By Region, 2014–2022 (USD Billion)
Table 16 Passive and Interconnect Market for Transformers, By Region, 2014–2022 (USD Billion)
Table 17 Passive and Interconnect Market for Diodes, By Region, 2014–2022 (USD Billion)
Table 18 Passive and Interconnect Market for Pcbs, By Region, 2014–2022 (USD Billion)
Table 19 Passive and Interconnect Market for Connectors, By Region, 2014–2022 (USD Billion)
Table 20 Passive and Interconnect Market for Switches, By Region, 2014–2022 (USD Billion)
Table 21 Passive and Interconnect Market for Relays, By Region, 2014–2022 (USD Billion)
Table 22 Passive and Interconnect Market for Others, By Region, 2014–2022 (USD Billion)
Table 23 Passive and Interconnect Market, By Application, 2014–2022 (USD Billion)
Table 24 Passive and Interconnect Market for Consumer Electronics, By Region, 2014–2022 (USD Billion)
Table 25 Passive and Interconnect Market for Data Processing, By Region, 2014–2022 (USD Billion)
Table 26 Passive and Interconnect Market for Telecommunications, By Region, 2014–2022 (USD Billion)
Table 27 Passive and Interconnect Market for Military and Aerospace Application, By Region, 2014–2022 (USD Billion)
Table 28 Passive and Interconnect Market for Automotive Application, By Region, 2014–2022 (USD Billion)
Table 29 Passive and Interconnect Market for Industrial Applications, By Region, 2014–2022 (USD Billion)
Table 30 Passive and Interconnect Market for Healthcare Application, By Region, 2014–2022 (USD Billion)
Table 31 Passive and Interconnect Market, By Region, 2014–2022 (USD Billion)
Table 32 Passive and Interconnect Market in Americas, By Type, 2014–2022 (USD Billion)
Table 33 Passive and Interconnect Market in Americas, By Passive Component, 2014–2022 (USD Billion)
Table 34 Passive and Interconnect Market in Americas, By Interconnect, 2014–2022 (USD Billion)
Table 35 Passive and Interconnect Market in Americas, By Application, 2014–2022 (USD Billion)
Table 36 Passive and Interconnect Market in Americas, By Region, 2014–2022 (USD Billion)
Table 37 Passive and Interconnect Market in North America, By Country, 2014–2022 (USD Billion)
Table 38 Passive and Interconnect Market in Latin America, By Country, 2014–2022 (USD Billion)
Table 39 Passive and Interconnect Market in U.S., By Type, 2014–2022 (USD Billion)
Table 40 Passive and Interconnect Market in Canada, By Type, 2014–2022 (USD Billion)
Table 41 Passive and Interconnect Market in Brazil, By Type, 2014–2022 (USD Billion)
Table 42 Passive and Interconnect Market in Latin America, By Type, 2014–2022 (USD Billion)
Table 43 Passive and Interconnect Market in Europe, By Type, 2014–2022 (USD Billion)
Table 44 Passive and Interconnect Market in Europe, By Passive Component, 2014–2022 (USD Billion)
Table 45 Passive and Interconnect Market in Europe, By Interconnect, 2014–2022 (USD Billion)
Table 46 Passive and Interconnect Market in Europe, By Application, 2014–2022 (USD Billion)
Table 47 Passive and Interconnect Market in Europe, By Country, 2014–2022 (USD Billion)
Table 48 Passive and Interconnect Market in Germany, By Type, 2014–2022 (USD Billion)
Table 49 Passive and Interconnect Market in France, By Type, 2014–2022 (USD Billion)
Table 50 Passive and Interconnect Market in Italy, By Type, 2014–2022 (USD Billion)
Table 51 Passive and Interconnect Market in U.K., By Type, 2014–2022 (USD Billion)
Table 52 Passive and Interconnect Market in Rest of Europe, By Type, 2014–2022 (USD Billion)
Table 53 Passive and Interconnect Market in APAC, By Type, 2014–2022 (USD Billion)
Table 54 Passive and Interconnect Market in APAC, By Passive Component, 2014–2022 (USD Billion)
Table 55 Passive and Interconnect Market in APAC, By Interconnect, 2014–2022 (USD Billion)
Table 56 Passive and Interconnect Market in APAC, By Application, 2014–2022 (USD Billion)
Table 57 Passive and Interconnect Market in APAC, By Region, 2014–2022 (USD Billion)
Table 58 Passive and Interconnect Market in China, By Type, 2014–2022 (USD Billion)
Table 59 Passive and Interconnect Market in Japan, By Type, 2014–2022 (USD Billion)
Table 60 Passive and Interconnect Market in Taiwan, By Type, 2014–2022 (USD Billion)
Table 61 Passive and Interconnect Market in India, By Type, 2014–2022 (USD Billion)
Table 62 Passive and Interconnect Market in South Korea, By Type, 2014–2022 (USD Billion)
Table 63 Passive and Interconnect Market in Rest of APAC, By Type, 2014–2022 (USD Billion)
Table 64 Passive and Interconnect Market in RoW, By Type, 2014–2022 (USD Billion)
Table 65 Passive and Interconnect Market in RoW, By Passive Component, 2014–2022 (USD Billion)
Table 66 Passive and Interconnect Market in RoW, By Interconnect, 2014–2022 (USD Billion)
Table 67 Passive and Interconnect Market in RoW, By Application, 2014–2022 (USD Billion)
Table 68 Passive and Interconnect Market in RoW, By Region, 2014–2022 (USD Billion)
Table 69 Passive and Interconnect Market in Middle East, By Type, 2014–2022 (USD Billion)
Table 70 Passive and Interconnect Market in Africa, By Type, 2014–2022 (USD Billion)
Table 71 Ranking in the Passive and Interconnect Market, 2016
Table 72 New Product Launches in Passive and Interconnect Market, 2016–2017
Table 73 Alliances and Business Expansions in the Passive and Interconnect Market, 2015–2016
Table 74 Mergers & Acquisitions in the Passive and Interconnect Market, 2016


List of Figures (73 Figures)

Figure 1 Passive and Interconnect Market Segmentation
Figure 2 Passive and Interconnect Market: Research Design
Figure 3 Market Size Estimation Methodology: Bottom-Up Approach
Figure 4 Market Size Estimation Methodology: Top-Down Approach
Figure 5 Data Triangulation Methodology
Figure 6 Interconnects Holds the Largest Share of the Passive and Interconnect Market in 2017
Figure 7 Capacitors Expected to Grow at the Highest Rate During the Forecast Period
Figure 8 Connectors Expected to Hold the Largest Share of the Passive and Interconnect Market During the Forecast Period
Figure 9 Automotive Application Expected to Be the Fastest-Growing Segment in the Passive and Interconnect Market During the Forecast Period
Figure 10 APAC Held the Largest Share of the Passive and Interconnect Market in 2017
Figure 11 Increasing Demand for Passive Components and Interconnects in Infotainment Application to Drive the Growth of the Passive and Interconnect Market During the Forecast Period
Figure 12 Market for Interconnects Expected to Grow at the Highest Rate During 2017–2022
Figure 13 Capacitors Expected to Dominate the Passive and Interconnect Market During 2017–2022
Figure 14 Market for Connectors to Grow at the Highest Rate During 2017–2022
Figure 15 Data Processing Expected to Lead the Passive and Interconnect Market During the Forecast Period
Figure 16 China Held the Largest Share of the Passive and Interconnect Market in Asia Pacific in 2016
Figure 17 Market Dynamics: Passive and Interconnect Market
Figure 18 Global Connected Car Revenue Forecast From 2015 to 2022
Figure 19 Shipment Forecast of Tablets, Laptops, and Desktop Pcs Worldwide From 2010 to 2015 (In Million Units)
Figure 20 Operating Profits for Passive Electronic Components, 2007–2013
Figure 21 Average Cost of Goods Sold for Passive Electronic Components, 2007–2013
Figure 22 Passive and Interconnect Market: Value Chain Analysis
Figure 23 Passive and Interconnect Market: Porter’s Five Forces Analysis
Figure 24 Porter’s Five Forces: Impact Analysis
Figure 25 Bargaining Power of Suppliers in Passive and Interconnect Market, 2016
Figure 26 Bargaining Power of Buyers in the Passive and Interconnect Market, 2016
Figure 27 Threat of Substitutes in the Passive and Interconnect Market, 2016
Figure 28 Threat of New Entrants in the Passive and Interconnect Market, 2016
Figure 29 Intensity of Competitive Rivalry in the Passive and Interconnect Market, 2016
Figure 30 Passive and Interconnect Market, By Type
Figure 31 Types of Passive Components
Figure 32 Types of Resistors
Figure 33 Types of Inductors
Figure 34 Types of Capacitors
Figure 35 Types of Transformers
Figure 36 Types of Diodes
Figure 37 APAC to Have the Highest Growth Rate for Interconnects During the Forecast Period
Figure 38 Types of Interconnects
Figure 39 Types of Printed Circuit Boards
Figure 40 Types of Connectors
Figure 41 Type of Switches
Figure 42 Passive and Interconnect Market, By Application
Figure 43 Passive and Interconnect Market for Automotive Application Estimated to Grow at the Highest Rate During Forecast Period
Figure 44 Passive and Interconnect Market, By Region
Figure 45 Geographic Snapshot: APAC to Grow at the Highest CAGR in the Passive and Interconnect Market During the Forecast Period
Figure 46 Americas: Passive and Interconnect Market Snapshot
Figure 47 Interconnects Expected to Hold the Largest Share of the Passive and Interconnect Market in Americas During the Forecast Period
Figure 48 Europe: Passive and Interconnect Market Snapshot
Figure 49 Capacitors Expected to Hold the Largest Size of the Passive and Interconnect Market in Europe During the Forecast Period
Figure 50 APAC: Passive and Interconnect Market Snapshot
Figure 51 Passive and Interconnect Market in APAC for Data Processing Application Expected to Grow at the Highest Rate During the Forecast Period
Figure 52 Companies Adopted New Product Launches, and Mergers and Acquisitions as the Key Growth Strategies, 2014-2016
Figure 53 Market Evaluation Framework
Figure 54 Battle for Market Share: New Product Launches, Agreements and Partnerships Were the Key Strategies Adopted Between 2015 and 2017
Figure 55 Geographic Revenue Mix of the Major Players in the Passive and Interconnect Market, 2016
Figure 56 TE Connectivity Ltd.: Company Snapshot
Figure 57 TE Connectivity Ltd.: SWOT Analysis
Figure 58 Amphenol Corporation: Company Snapshot
Figure 59 Amphenol Corporation: SWOT Analysis
Figure 60 Molex Incorporated: SWOT Analysis
Figure 61 Hirose Electric Co., Ltd.: Company Snapshot
Figure 62 Hirose Electric Co. Ltd.: SWOT Analysis
Figure 63 Delphi Automotive LLP: Company Snapshot
Figure 64 Delphi Automotive LLP.: SWOT Analysis
Figure 65 TT Electronics PLC: Company Snapshot
Figure 66 Japan Aviation Electronics Industry, Ltd.: Company Snapshot
Figure 67 AVX Corporation: Company Snapshot
Figure 68 Cisco Systems, Inc.: Company Snapshot
Figure 69 Yazaki Corporation: Company Snapshot
Figure 70 Panasonic Corporation: Company Snapshot
Figure 71 Ametek, Inc.: Company Snapshot
Figure 72 Hubbell Incorporated: Company Snapshot
Figure 73 Hon HAI Precision Industry Co., Ltd.: Company Snapshot

According to the MarketsandMarkets forecast, the interconnects and passive components market is expected to be valued at USD 187.55 Billion by 2022, growing at a CAGR of 4.41% between 2017 and 2022. The growth of the interconnects and passive components market is attributed  to advancements in the industrial M2M communication technology and rising industrial automations, increasing demand for miniaturized and high-performance electronic devices, proliferation of automotive infotainment and consumer electronics, and high demand for passive component and interconnects in computing, communication and consumer electronics (3C) applications. However, declining profit margins of the manufacturers and overall drop in the commodity prices are the factors that are restraining the market growth.

Of all the major applications, the automotive sector is the fastest growing segment in interconnects and passive components market during the forecast period. The growth of the automotive sector is mainly propelled by the introduction of infotainment and Internet of Things (IoT) in automobiles, which helps to convert traditional automobiles to smart automobiles.

Interconnects and passive components market on the basis of product type is classified as passive components and interconnects. Interconnects market is expected to grow at the highest rate between 2017 and 2022. The primary reason behind this growth is the application of connectors in telecommunication, consumer electronics, and data processing sector. Furthermore, increased demand of robotics and automation in the industrial application is also increasing the demand for interconnects in the market.

Interconnects and Passive Components Market

Of all the regions, Asia-Pacific (APAC) held the largest market share in 2016 and expected to grow at the highest CAGR between 2017 and 2022.  The growth in APAC is primarily attributed to the continuous demand around the globe for consumer electronics products manufactured in this region. China being the main manufacturing hub for electronics components holds the largest share of interconnects and passive components market. Moreover, an initiative by the Government of India—‘Make in India’ program is offering many opportunities to interconnects and passive components market. There are continuous technological upgrades in devices, which use interconnects and passive components such as personal computers, televisions, mobile phones, and vehicles. These upgrades are responsible for the introduction of new passive components and interconnects, thereby driving the market growth.

The major players in the interconnects and passive components market are TE Connectivity Ltd. (Switzerland), Amphenol Corporation (U.S.), Molex Incorporated (U.S.), Hirose Electric Co., Ltd. (Japan), and Delphi Automotive LLP (U.K.). These players have adopted various strategies such as new product developments, partnerships and contracts, and business expansions to cater to the needs of end users in the interconnects and passive components market

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