Interconnects and Passive Components Market to 2022: Market Capacity, Generation, Investment Trends,

Author: Rahul Sisodiya

Interconnect can be defined as an optical connection or cable which is used to connect two or more derives. Interconnect helps to bring two conductors by joining them electrically and mechanically with the terminals of electrical devices. Interconnects and Passive Components Market of parts that contains two terminals that store energy in their magnetic flux. To understand Interconnects and Passive Components, a computer system can be an example where a cable connecting a hard drive or a monitor to a laptop or CPU is n interconnect whereas the inside components of a PCs are both interconnects and passive components.

The Global Market of Electronic Components which also includes interconnects and passive components is expected to rise in the coming years. Today, primary end users of interconnects and passive components are equipment manufacturers such as OEMs. High demand for the electronic components by the industries such as telecommunications, computing and consumer electronics is forcing the manufacturers to increase their productivity in order to meet the demand and this becomes the main market driver of interconnects and passive components.

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The global Interconnects and Passive Components market is expected to grow at USD ~211 billion by the end of year 2022 with ~6% of CAGR.

Key Players:

  • Cisco Systems, Inc. (U.S.)
  • AVX Corporation (U.S.)
  • Molex, LLC (U.S.)
  • Panasonic Corporation (Japan)
  • Ametek, Inc. (U.S.)
  • Amphenol Corporation (U.S.)
  • Delphi Automotive PLC (U.K.)
  • Hubbell Incorporated (U.S.)
  • Hirose Electric Co., Ltd. (Japan)
  • Hon Hai Precision Industry Co., Ltd., (U.S.)

Segments:

By Components-

  • Resistors & Inductors
  • Diodes and Transformers
  • PCBs (Printed Circuit Boards)
  • Switches
  • Relays
  • Others

By Applications

  • Consumer Electronics
  • Information Technology
  • Telecommunications
  • Automotive
  • Industrial
  • Others

Regional Analysis:

Asia Pacific is dominating the market of Interconnects and Passive Components. High development in field of manufacturing industry and high presence of semiconductor manufacturing gives Asia-Pacific a competitive advantage over other regions. North America stands as second biggest market for Interconnects and Passive Components where U.S. is the major contributors in the market growth due to the growing telecommunication and IT industry. Asia-Pacific is also expected to be the fastest growing market during the forecast period. Development of Asian countries is inviting major big players to establish their business unit in Asian Countries.

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Intended Audience:

  • Technology Providers
  • Semiconductor Manufacturing Companies
  • Semiconductor Distributors
  • Consumer Electronic Manufacturers
  • Consumer Electronic Suppliers
  • Research Institutes
  • Government