Interconnects and Passive Components Market Size & Share, 2035

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 2035

Report Code: SE 5125 Jun, 2026, by marketsandmarkets.com

The Interconnects and Passive Components Market is experiencing steady and structurally resilient growth driven by rapid expansion in electronics manufacturing, electric vehicles, 5G infrastructure, and industrial automation. In 2025, the global Interconnects and Passive Components Market size is estimated at approximately USD 78 billion, and it is projected to reach nearly USD 142 billion by 2035, expanding at a CAGR of 6%–7% during the forecast period 2025–2035.

 
The growth of the Interconnects and Passive Components Market is primarily fueled by increasing demand for high-performance electronic systems integrated with AI, IoT, and automation technologies. These components—such as connectors, capacitors, resistors, inductors, and filters—are essential for ensuring signal integrity, power efficiency, and system reliability across modern electronic devices. The rise of electric mobility, smart devices, and cloud-connected industrial systems is significantly boosting demand. Additionally, ongoing digital transformation across automotive, telecommunications, and consumer electronics sectors is reinforcing long-term market expansion.

Key Market Trends & Insights

The Interconnects and Passive Components Market is evolving rapidly due to miniaturization of electronics and increasing complexity of semiconductor-driven systems. Asia Pacific continues to dominate the global market, primarily due to strong electronics manufacturing ecosystems in China, Japan, South Korea, and Taiwan.
 
The fastest-growing region is also Asia Pacific, driven by massive production of smartphones, EVs, and industrial automation equipment. North America remains a high-value market due to strong adoption of advanced computing systems and defense electronics.
 
A dominant segment within the Interconnects and Passive Components Market is capacitors, which are widely used in power stabilization and energy storage applications across consumer electronics and automotive systems. Emerging trends include high-frequency connectors and miniaturized passive components designed for compact IoT devices.
 
AI and automation are significantly improving design accuracy and production efficiency of passive components. Smart manufacturing systems are enabling predictive quality control, reducing defects, and enhancing scalability in component fabrication.
 
Market Size & Forecast
Base Year Market Size (2025): USD 78 Billion
Forecast Market Size (2035): USD 142 Billion
CAGR (2025–2035): 6%–7%
Growth Factors: Expansion of EV production, 5G rollout, rising IoT penetration, increasing demand for miniaturized electronics, and rapid industrial automation adoption.

Interconnects and Passive Components Market Top 10 key takeaway

  • The Interconnects and Passive Components Market is projected to nearly double by 2035.
  • Asia Pacific dominates global production and consumption.
  • Capacitors remain the most widely used passive component segment.
  • Electric vehicles are a major growth driver for the market.
  • 5G infrastructure expansion is increasing demand for high-frequency components.
  • IoT device proliferation is accelerating miniaturized component demand.
  • AI-based manufacturing is improving quality and yield rates.
  • Industrial automation is increasing reliance on robust interconnect systems.
  • Demand for high-reliability components is rising in aerospace and defense.
  • Sustainability trends are influencing material innovation in passive components.

Product Insights

 
Within the Interconnects and Passive Components Market, capacitors dominate due to their essential role in energy storage, voltage regulation, and signal filtering across nearly all electronic systems. Their widespread adoption in consumer electronics, automotive electronics, and industrial machinery makes them the backbone of the Interconnects and Passive Components Market.
 
Connectors represent another critical product category, especially in high-speed data transmission applications such as cloud computing, telecom infrastructure, and automotive networking systems. Resistors and inductors also maintain steady demand due to their fundamental role in circuit stability and power management.
 
Emerging product categories include high-density interconnects, advanced multilayer ceramic capacitors (MLCCs), and RF passive components optimized for 5G and IoT applications. AI-assisted design tools are enabling manufacturers to develop highly efficient and compact components tailored for next-generation electronics.

Technology / Component Insights

 
The Interconnects and Passive Components Market is driven by advancements in material science, precision manufacturing, and semiconductor integration technologies. Key innovations include multilayer fabrication, surface-mount technology (SMT), and advanced ceramic and polymer materials that enhance performance and durability.
 
AI plays a transformative role in optimizing circuit design and predictive failure analysis, ensuring higher reliability of passive components. IoT integration is increasing the demand for compact, energy-efficient components capable of supporting continuous connectivity in smart devices.
 
Cloud-based manufacturing systems are enabling real-time monitoring of production lines, improving efficiency and reducing defects. Automation technologies are also streamlining assembly processes, ensuring scalability in high-volume production environments.
 
Future innovation trends include nanotechnology-based passive components, ultra-miniaturized interconnect systems for wearable electronics, and smart passive components capable of self-monitoring and adaptive performance tuning.
 

Application Insights

 
The leading application segment in the Interconnects and Passive Components Market is consumer electronics, driven by widespread adoption of smartphones, tablets, laptops, and wearable devices. These applications require highly compact and energy-efficient components to support increasing functionality and connectivity.
 
Automotive electronics is another rapidly expanding segment, particularly due to the rise of electric vehicles (EVs), autonomous driving systems, and advanced driver-assistance systems (ADAS). Industrial automation is also contributing significantly, with smart factories relying heavily on reliable interconnect systems for machine-to-machine communication.
 
Telecommunications and data centers represent high-growth opportunities due to increasing global data consumption and 5G deployment. Aerospace and defense applications demand high-reliability passive components capable of operating under extreme conditions.
 

Regional Insights

 
Asia Pacific leads the Interconnects and Passive Components Market due to its strong electronics manufacturing base, cost-effective production capabilities, and high demand for consumer electronics. North America follows, driven by advanced technological adoption and strong demand from defense, aerospace, and data center industries.
 
Europe remains a stable and innovation-driven market, particularly in automotive electronics and industrial automation. Meanwhile, Latin America and the Middle East are gradually expanding due to increasing digital infrastructure investments.
 
  • Asia Pacific dominates global manufacturing and consumption
  • North America leads in high-value advanced electronics demand
  • Europe focuses on automotive and industrial applications
  • Latin America shows steady growth in telecom infrastructure
  • Middle East invests in digital transformation initiatives

Country-Specific Market Trends

In the Asia Pacific Interconnects and Passive Components Market, China leads due to its massive electronics manufacturing ecosystem and strong government support for semiconductor independence. Japan focuses on high-precision electronic components, while South Korea excels in semiconductor and memory-driven applications. India is emerging as a fast-growing market driven by electronics manufacturing incentives and rising domestic demand.
 
In North America, the United States dominates due to strong demand for advanced computing, defense systems, and AI infrastructure. Canada is growing steadily in telecom and industrial automation, while Mexico serves as a key electronics assembly hub.
 
In Europe, Germany leads due to its automotive industry and industrial automation strength, while France is focusing on aerospace and defense electronics development.
  • China leads global electronics manufacturing dominance
  • Japan focuses on precision passive component innovation
  • United States drives high-end electronics demand
  • Germany dominates automotive electronics integration
  • India records fastest growth in electronics manufacturing

Key Interconnects and Passive Components Market Company Insights

 
The Interconnects and Passive Components Market is highly competitive, with companies focusing on miniaturization, performance enhancement, and AI-driven manufacturing optimization. Leading players are investing in advanced materials, high-density interconnect technologies, and smart production systems.
 
Major companies include TE Connectivity, Murata Manufacturing, Vishay Intertechnology, TDK Corporation, Amphenol Corporation, Yageo Corporation, Panasonic Industry, Samsung Electro-Mechanics, KYOCERA AVX, and Taiyo Yuden.
 
  • TE Connectivity leads in advanced interconnect systems
  • Murata focuses on MLCC and miniaturized components
  • Vishay emphasizes high-reliability passive devices
  • TDK invests in AI-driven component manufacturing
  • Amphenol expands high-speed connector solutions

Recent Developments

 
Recent developments in the Interconnects and Passive Components Market include the launch of ultra-miniaturized MLCCs designed for 5G smartphones and advanced IoT devices. Several manufacturers are integrating AI-based quality inspection systems to improve defect detection and production efficiency.
 
Strategic collaborations between automotive OEMs and component manufacturers are increasing to support EV and ADAS development. Additionally, advancements in high-frequency connectors for data centers and telecom infrastructure are gaining strong market traction.
 
Market Segmentation
 
The Interconnects and Passive Components Market is segmented by product, technology, application, and region. Product segmentation includes capacitors, resistors, inductors, connectors, and filters. Technology segmentation covers surface-mount technology, multilayer fabrication, advanced ceramics, and polymer-based components.
 
Application segmentation includes consumer electronics, automotive, telecommunications, industrial automation, aerospace, and defense. Regionally, the market spans Asia Pacific, North America, Europe, Latin America, and the Middle East & Africa, with Asia Pacific leading both production and consumption.
 
By Product: Capacitors, resistors, inductors, connectors
By Technology: SMT, multilayer, ceramic, polymer
By Application: Consumer electronics, automotive, telecom
By Region: Asia Pacific, North America, Europe, RoW
Strong shift toward miniaturized and high-performance components
 

Conclusion

The Interconnects and Passive Components Market is positioned for sustained growth through 2035, supported by rising demand for advanced electronics, EV expansion, and global digital transformation. AI, IoT, and automation are fundamentally reshaping manufacturing processes, improving efficiency, and enabling next-generation component innovation.
 
As industries continue to evolve toward smarter, more connected systems, the Interconnects and Passive Components Market will remain a critical foundation of modern electronics infrastructure. Its strategic importance will continue to grow across automotive, telecom, and industrial sectors, making it a key enabler of global technological advancement.
 
FAQs
 
1. What is the market size of the Interconnects and Passive Components Market?
The market is valued at approximately USD 78 billion in 2025.
 
2. What is the growth rate of the Interconnects and Passive Components Market?
The market is expected to grow at a CAGR of 6%–7% during 2025–2035.
 
3. What are the key drivers of the Interconnects and Passive Components Market?
Key drivers include EV growth, 5G deployment, IoT expansion, and industrial automation.
 
4. Which region leads the Interconnects and Passive Components Market?
Asia Pacific currently leads the global market.
 
5. Which companies are key players in the Interconnects and Passive Components Market?

Key companies include TE Connectivity, Murata Manufacturing, Vishay, TDK, and Amphenol Corporation.

To speak to our analyst for a discussion on the above findings, click Speak to Analyst

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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 Interconnects and Passive Components Market , By Product Type
    4.3 Market , By Passive Component
    4.4 Interconnects and Passive Components Market, By Interconnects
    4.5 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 Interconnects and Passive Components 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 Interconnects and Passive Components  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 Interconnects and Passive Components Market for Transformers, By Region, 2014–2022 (USD Billion)
Table 17 Interconnects and Passive Components 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 Interconnects and Passive Components 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 Interconnects and Passive Components Market  for Others, By Region, 2014–2022 (USD Billion)
Table 23 Interconnects and Passive Components 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 Interconnects and Passive Components 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 Interconnects and Passive Components 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 Interconnects and Passive Components 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 Interconnects and Passive Components 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 Interconnects and Passive Components 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 Interconnects and Passive Components 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 Interconnects and Passive Components Market in Europe, By Country, 2014–2022 (USD Billion)
Table 48 Market in Germany, By Type, 2014–2022 (USD Billion)
Table 49 Market in France, By Type, 2014–2022 (USD Billion)
Table 50 Market in Italy, By Type, 2014–2022 (USD Billion)
Table 51 Interconnects and Passive Components Market in U.K., By Type, 2014–2022 (USD Billion)
Table 52 Interconnects and Passive Components  Market in Rest of Europe, By Type, 2014–2022 (USD Billion)
Table 53 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 Interconnects and Passive Components Market in RoW, By Interconnect, 2014–2022 (USD Billion)
Table 67 Interconnects and Passive Components Market in RoW, By Application, 2014–2022 (USD Billion)
Table 68 Interconnects and Passive Components Market in RoW, By Region, 2014–2022 (USD Billion)
Table 69 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 Interconnects and Passive Components Market Segmentation
Figure 2 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 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 Interconnects and Passive Components 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 Interconnects and Passive Components 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 Market: Value Chain Analysis
Figure 23  Market: Porter’s Five Forces Analysis
Figure 24 Porter’s Five Forces: Impact Analysis
Figure 25 Bargaining Power of Suppliers in Market, 2016
Figure 26 Bargaining Power of Buyers in the Market, 2016
Figure 27 Threat of Substitutes in the  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 Interconnects and Passive Components Market , By Application
Figure 43 Market for Automotive Application Estimated to Grow at the Highest Rate During Forecast Period
Figure 44 Interconnects and Passive Components 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 IntMarket in Americas During the Forecast Period
Figure 48 Europe: Interconnects and Passive Components Market Snapshot
Figure 49 Capacitors Expected to Hold the Largest Size of the Market in Europe During the Forecast Period
Figure 50 APAC: Interconnects and Passive Components 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

After arriving at the overall market size, the total market has been split into several segments and subsegments, and 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

High Demand Of Passive Components and Interconnects in 3C Applications to Drive the Global Passive and Interconnect Market

The growing number of computing, communications, and consumer electronics (3C) applications drive the passive and interconnect market. Passive components are the building blocks in all kinds of electronic devices and appliances. These components are the part of electronic circuitry and have been the major backbone of industries such as computing, communications, and consumer electronics. Passive components can resist, interrupt, or influence a current flow and enhance or supplement the performance of integrated circuits (ICs). Interconnects are used to connect a variety of active and passive components in an electronic assembly that controls a system. Connectors are one of the most widely used interconnect types across telecommunication and consumer electronics applications. According to the Electronics Web, personal computers have been a driving factor for the growth of the connector industry in the US. Currently, there is a huge demand for high-speed and high-bandwidth networks; hence, compatible connectors are introduced. Connectors provide a detachable link to electronics devices, various circuit boards, peripherals, and among others.

In the telecommunications industry, advancements in the technologies such as transition from 3G to Voice over Long-Term Evolution (LTE/4G) and 5G are expected to boost the adoption of passive components and interconnects in the coming years. Applications of telecommunication include mobile phones, landline phones, set-top boxes, remote controls, base stations, and network equipment. Globally, passive components and interconnects are increasingly used in the telecommunications sector, owing to significant growth in the mobile handset market because of innovations in the smartphones. Thus, the increasing demand for passive components and interconnects from computing, communication, and consumer electronics applications is driving the global Interconnects and Passive Components Market.

Declining Profit Margins of Manufacturers is one of the Main Restraints of the Market

Advances in device technology are lowering hardware costs, the increase in cost is due to the constant demand for more sophisticated and diversified types of products. The counterfeiting of products is directly impacting the prices of passive components and interconnects. Furthermore, the aggressive competition among players from various regions results in the decline in prices of passive components and interconnects. This adversely affects the cost of new product development or advanced technology-driven products.

Following are the key reasons for the falling profit margins:

  • Aggressive competition
  • Severe price erosion
  • Changing end-use markets

Interconnects and Passive Components Market

Interconnects and Passive Components Market

The above figures depict that the cost of goods sold (COGS) as a percentage of the overall industry revenue is increasing at the expense of corresponding profit margins. The production cost of passive electronic components is increasing because of aggressive competition, accelerated price erosion, and changing end-use market segments.

Market Ecosystem

The Interconnects and Passive Components Market ecosystem includes component suppliers such as TE Connectivity Ltd. (Switzerland), Amphenol Corporation (US), Molex Incorporated (US), Hirose Electric Co., Ltd. (Japan) and Delphi Automotive LLP (UK), TT Electronics Plc. (UK), Cisco Systems, Inc. (US), AVX Corporation (US), Japan Aviation Electronics Industry, Ltd. (Japan), JST Mfg. Co., Ltd. (Japan), Hon Hai Precision Industry Co., Ltd., (Foxconn) (Taiwan), Burndy LLC (US), AMETEK, Inc. (US), Yazaki Corporation (Japan), and Panasonic Corporation (Japan).

Scope of the Report:

Report Metric

Details

Report Name

Interconnects and Passive Components Market

Base year

2016

Forecast period

2017–2022

Units

Value (USD)

Segments covered

Type, End User, Offerings, and Region

Geographic regions covered

North America, APAC, Europe, and RoW

Companies covered

TE Connectivity Ltd. (Switzerland), Amphenol Corporation (US), Molex Incorporated (US), Hirose Electric Co., Ltd. (Japan) and Delphi Automotive LLP (UK), TT Electronics Plc. (UK), Cisco Systems, Inc. (US), AVX Corporation (US), Japan Aviation Electronics Industry, Ltd. (Japan), JST Mfg. Co., Ltd. (Japan), Hon Hai Precision Industry Co., Ltd., (Foxconn) (Taiwan), Burndy LLC (US), AMETEK, Inc. (US), Yazaki Corporation (Japan), and Panasonic Corporation (Japan)

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 passive and interconnects market on the basis of product type, passive component type, interconnect type, application, and region.

Passive and Interconnect Market, By Product Type

  • Passive Components
    • Resistors
    • Inductors
    • Capacitors
    • Transformers
    • Diodes
  • Interconnects
    • Printed Circuit Boards
    • Connectors
    • Switches
    • Relays
    • Others (Sockets, Terminals, Splices and Adapters)

Passive and Interconnect Market, By Application

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

Passive and Interconnect Market, By Region

  • Americas
    • North America
      • US
      • Canada
    • Latin America
      • Brazil
      • Rest of Latin America
  • Europe
    • Germany
    • France
    • Italy
    • UK
    • Rest of Europe
  • APAC
    • China
    • Japan
    • India
    • Taiwan
    • South Korea
    • Rest of APAC
  • RoW
    • Middle East
    • Africa

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