They form an indispensable part of the electronics industry and therefore, the growing trend of automation is benefitting the market. Moreover, it identifies the significant opportunities for market growth in the coming years.
Market Potential The competitive scenario of the global interconnects and passive components market is marked by unceasing product launches.
Overview The burgeoning demand for combined modules such as system-on-a-chip and multichip is providing a significant momentum to the global market for passive and interconnecting electronic components. Passive electronic components can be further divided into resistors, inductors, transformers, and capacitors.
Moreover, the increasing incorporation of infotainment and navigation features such as global positioning systems GPS in automobiles is working in favor of the growth of the market. Hence, the dominance of Asia-Pacific in the passive optical components market is expected to continue over the forecast period, followed by North America and Europe.
North America and Europe are also slated for extensive growth, encouraged by beneficial policies of the government. Global Interconnects and Passive Components Market: The report provides company market share analysis of various industry participants.
Key players have also been profiled on the basis of company overview, financial overview, business strategies, SWOT analysis, and recent developments in the field of passive optical components.
Key Trends The rising demand for interconnects and passive components in the thriving consumer electronics industry is a primary catalyst of the global market. The report serves as a reliable business tool with extensive information regarding various critical parameters of the market including its dynamics, geographical segmentation, and competitive landscape.
Furthermore, with the rising advancements to ensure high functionality, the complexity of passive and interconnecting electronic components is increasing. The key players in this market are continually focusing on designing, developing and manufacturing of innovative and customized solutions that comply with international standards and meet the ever increasing demands of passive optical networks PON for the highest optical and mechanical specifications.
The SONET and SDH application segments lead the global passive optical components applications market share in the yearowing to their ability to transfer multiple digital bit streams over optical fiber using light-emitting diodes or lasers.
For instance, in MarchAVX Corporation announced the release of its new low pass integrated thin film SMD filter, which can be an ideal solution for various wireless applications such as global positioning systems GPSmobile communications systems, and wireless large area networks LANs.
Furthermore, the study comprises a market attractiveness analysis, where the applications are benchmarked based on their market scope, growth rate and general attractiveness. Despite the tremendous potential, the growth of the market is adversely affected by the overall drop in the global commodity prices.
Overview An interconnect component refers to an optical or electric connection or cable connecting two or more devices. The emergence of remote communication facilities is also contributing to the growth of the market. Moreover, with increasing per capita incomes of the middle class, the standard of living of the people has improved.
The growth of this segment can be attributed to the preference for high speed bandwidth in data processing, emergence of robotics and automation across numerous sectors, and development of compact electronic components and devices.
Their market is driven by the emergence of ultra-high-capacity optical networks, wherein these components are primarily used.
The shift towards higher communication standards such as 4G LTE and 5G is likely to positively influence the growth of the market.
All these segments have also been estimated on the basis of geography in terms of revenue USD billion. The optical amplifiers and optical attenuators market were analyzed to grow at a CAGR of By geography North America. Moreover, the rapidly growing number of internet users in countries such as India and China is boosting the demand for these components in the region.
Both passive and interconnecting components have a widespread adoption across industries such as consumer electronics, automotive, healthcare, telecommunication, defense services, industrial, and information technology IT.
The new FHC1 and FHC2 series feature low parasitics, low insertion loss, conducive heat dissipation properties, and a wide frequency range. The report presents a degree view of the global passive and interconnecting electronic components market. Various paid and unpaid sources such as white papers, presentations, press releases, and journals have been referred to compile this study.
The proliferation of consumer electronics such as portable music players, digital cameras, laptops, and gaming consoles is providing a considerable push to the market.
Asia Pacific exhibits colossal growth opportunities, springing from factors such as easy availability of cheap labor, raw material, along with low costs of production. Moreover, the growth of the interconnect segment creates further scope of expansion for the market. Used in the production of devices and machines deployed in automobiles, healthcare, data processing, and telecommunication, these components are likely to witness greater adoption over the next few years.
Cellular phones, hubs, HVAC equipment, routers, mp3 players, GPS devices, Ethernet and other high speed connectivity applications, digital cameras, and video connections are some of the key applications that deploy interconnects components. The lower prices, good availability, and shorter lead times of these components are auguring well for the profitability of manufacturers, thereby reflecting positively on the overall revenue generation of the market.
Competitive Landscape The presence of a large number of players in the global passive and interconnecting electronic components market is resulting in intense competition. The market is also receiving a significant boost from the continual technological advancements in the consumer electronics industry.
A broad range of interconnect parts such as board to board connectors, electronic cable connectors, and DIN connectors used in a broad range of applications are offered by a number of manufacturers.Passive Component Global Market Expected to Grow at CAGR % and Forecast to Share This Press Release The report provides in depth study of “Passive Component” using SWOT analysis i.e.
Strength, Weakness, Opportunities and Threat to the organization. Technavio's report, Global Passive Component Markethas been prepared based on an in-depth market analysis with inputs from industry experts. It presents the vendor landscape and a corresponding detailed analysis of the major vendors in the market.
In addition, it discusses the major drivers that influence the growth of the market. Research Corridor recently added new report titled " Passive Component Market - Global Trends, Market Share, Industry Size, Growth, Opportunities, and Market Forecast - – " to its repertoire.
This latest industry research study scrutinizes the Passive Component market by different segments, companies, regions and countries over the.
Technavio's report, Global Passive Component Markethas been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. Global Passive and Interconnecting Electronic Components: Drivers and Restraints The growth of the global passive and interconnecting electronic components market is primarily supplemented by the continuous innovations and introduction of advanced and efficient technologies in the electronics mint-body.comon: State Tower, 90 State Street, SuiteAlbany, Global passive optical components market was valued at USD billion ingrowing at a CAGR of % from to Passive components are the Location: State Tower, 90 State Street, SuiteAlbany,Download