Interconnects and Passive Components Market 2018 Global Share, Emerging factors, Trend, Segmentation

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

Although there are various factors which is supporting the market of Interconnects and Passive Components, factors such as rapid change in technology, raw material scarcity and changing political and technical environment is always needs to be in consideration and can hamper the market growth in the future.

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Key Players:

The prominent players in the Interconnects and Passive Components Market are – 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) and Hon Hai Precision Industry Co., Ltd., (U.S.) among others.

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 Market 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.

Segments:

For the purpose of this study, Market Research Future has segmented the market of Interconnects and Passive Components into components and application. By Components, the market has been segmented as Resistors & Inductors, Diodes and Transformers, PCBs (Printed Circuit Boards), Switches, Relays among others whereas on the basis of application, the market has been segmented as consumer electronics, IT, Telecommunication, Automotive, Industrial among others.

The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors.

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.