Interconnects and Passive Components Market Projected To Grow by 2022

Posted by Minakshi on February 17th, 2021

Overview

The global interconnects and passive components market is projected to grow at a CAGR of 6% during the forecast period. As per the global interconnects and passive components market research report, the global market for interconnects and passive components is anticipated to grow rapidly by US1 billion by 2022. As per analysts, high demand for electronic components along with high presence of semiconductor manufacturing companies will drive the market growth throughout the forecast period. The global interconnects and passive components market research report provides an in-depth analysis of the global interconnects and passive components market and its components and applications segments. The fluctuating prices of raw materials as well as high competition are the factors which could affect the global interconnects and passive components market growth during the forecast period. The global interconnects and passive components market research report by expert analysts is intended to help companies in the global interconnects and passive components market.

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Market Segmentation

The global interconnects and passive components market has been segmented based on components and applications. On the basis of components, the market for interconnects and passive components is segmented based on circuit boards, diodes, PCBs, transformers, resistors & inductors. Additionally, the market on the basis of applications, is segmented into automotive, industrial, IT, telecommunication, and consumer electronics.

Key influences such as decreasing profit margins could obstruct the global interconnects and passive components market growth. However, as per the interconnects and passive components market research report, the growing telecommunication sector as well as the steady growth in the IT industry will drive growth during the forecast period. These key growth factors will help support the global interconnects and passive components market growth at a high CAGR. The segmental analysis of components and applications segments as well as regional market analysis has been presented in the global interconnects and passive components market research report. Analysts studying the global interconnects and passive components market have presented projections in the global interconnects and passive components market research report assisting interconnects and passive components market-based companies in numerous ways. The global interconnects and passive components market research report offers crucial details about the global interconnects and passive components market based on the data and forecasts till 2022.

Regional Overview

North America, Europe, Asia Pacific and the rest of the world regional market for interconnects and passive components are primarily covered in the global interconnects and passive components market research report. The report also covers country-level markets spread across North America – the United States, Canada, and Mexico. In South America – Brazil and other country-level interconnects and passive components markets are covered in the report. In Asia-Pacific (APAC) region, the country-level interconnects and passive components markets covered are China, India, Japan, and others. The interconnects and passive components market research report also covers the regional market for interconnects and passive components spread across European countries including the United Kingdom, France, Italy, Spain, and Germany, etc. The global interconnects and passive components market research report further explores other regional markets from the rest of the world including interconnects and passive components markets of the Middle East and Africa. As per the global interconnects and passive components market research report.

Competitive Landscape

Companies increasing their reach across developing regions such as Asia-Pacific are expected to accelerate the global interconnects and passive components market growth worldwide. The global interconnects and passive components market is set to witness challenges including price volatility, however, companies in the global interconnects and passive components market will sustain the growth rate. The global interconnects and passive components market research report also offers company profiles of key players operating in the interconnects and passive components market around the world. Additionally, the global interconnects and passive components market report provides detailed analysis of the market based on primary and secondary research data collected from the interconnects and passive components market’s key decision makers as well as stakeholders. The global interconnects and passive components market research report covers all such factors assisting companies in the global interconnects and passive components market to improve their plans and portfolio.

Industry News

Intertechnology Vishay, Inc. VSH leaves no room for expansion of the portfolio of passive electronic components by concentrating on inductor offers. The unveiling of IHXL-1500VZ-51, a shielded, composite inductor, is proof of the same by the manufacturer. The new product especially offers continuous up to +155°C high temperature. In addition, inductance of 0.68 μH to 3.3 μH is well fitted.

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