Global Interconnects and Passive Components Market, By Solution (Residential DRMS, Commercial DRMS, Industrial DRMS), Services (System Integration & Consulting Services, Support & Maintenance, Curtailment Services, Managed Services), Verticals (Office & Commercial Buildings, Energy & Power, Manufacturing, Municipal, University, School, & Hospital Systems), Country (U.S., Canada, Mexico, Brazil, Argentina, Rest of South America, Germany, Italy, U.K., France, Spain, Netherlands, Belgium, Switzerland, Turkey, Russia, Rest of Europe, Japan, China, India, South Korea, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific, Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa) Industry Trends and Forecast to 2028
Interconnects and passive components market will reach at an estimated value of USD 13.45 billion by 2028 and grow at a CAGR of 5.32% in the forecast period of 2021 to 2028. Rise in the demand for passive components and interconnects in 3c applications is an essential factor driving the interconnects and passive components market.
Interconnect is defined as a connection or cable which can connect two or more devices and create a connection link between two devices either electrically or mechanically. Interconnects are passive electrical components or parts that contains two terminals in their magnetic flux that hold energy. A passive component is a unit without any running energy, with the exception of the available alternating current (AC) circuit with which it is attached. A chassis, inductor, resistor, transformer, or condenser would be a typical passive component.
Rise in the proliferation of automotive infotainment and consumer electronics is a crucial factor accelerating the market growth, also rise in the government support for HCIT solutions, rise in the demand for miniaturized and high-performance electronic devices, rise in the advancements in industrial M2m communication technology and rise in the industrial automation are the major factors among others boosting the interconnects and passive components market. Moreover, rise in the adoption of robots across industries and rise in the demand from emerging economies will further create new opportunities for interconnects and passive components market in the forecast period mentioned above.
However, rise in the overall drop in global commodity prices and continuous decline in the profit margins of the manufacturers are the major factor among others restraining the market growth, and will further challenge the interconnects and passive components market in the forecast period mentioned above.
This interconnects and passive components market report provides details of new recent developments, trade regulations, import export analysis, production analysis, value chain optimization, market share, impact of domestic and localised market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographic expansions, technological innovations in the market. To gain more info on interconnects and passive components market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.
Interconnects and Passive Components Market Scope and Market Size
Interconnects and passive components market is segmented on the basis of solution, services and verticals. The growth among segments helps you analyse niche pockets of growth and strategies to approach the market and determine your core application areas and the difference in your target markets.
- On the basis of solution, interconnects and passive components market is segmented into residential DRMS, commercial DRMS and industrial DRMS.
- Based on services, the interconnects and passive components market is segmented into system integration & consulting services, support & maintenance, curtailment services and managed services.
- The interconnects and passive components market is also segmented on the basis of verticals into office & commercial buildings, energy & power, manufacturing, municipal, university, school, & hospital systems.
Interconnects and Passive Components Market Scope Country Level Analysis
Interconnects and passive components market is analysed and market size, volume information is provided by country, solution, services and verticals as referenced above.
The countries covered in the interconnects and passive components market report are U.S., Canada and Mexico in North America, Brazil, Argentina and Rest of South America as part of South America, Germany, Italy, U.K., France, Spain, Netherlands, Belgium, Switzerland, Turkey, Russia, Rest of Europe in Europe, Japan, China, India, South Korea, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA).
North America dominates and is expected to witness a high growth in the interconnects and passive components market over forecast period due to rise in the government support for HCIT solutions, rise in the demand for miniaturized and high-performance electronic devices and rise in the advancements in industrial M2m communication technology in this region.
The country section of the interconnects and passive components market report also provides individual market impacting factors and changes in regulation in the market domestically that impacts the current and future trends of the market. Data points like down-stream and upstream value chain analysis, technical trends and porter's five forces analysis, case studies are some of the pointers used to forecast the market scenario for individual countries. Also, the presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.
Competitive Landscape and Interconnects and Passive Components Market Share Analysis
Interconnects and passive components market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, regional presence, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies’ focus related to interconnects and passive components market.
The major players covered in interconnects and passive components market report are Passive Components Market are TE Connectivity, Amphenol Corporation, Koch Industries, Inc., HIROSE ELECTRIC CO., LTD., Delphi Technologies, TT Electronics., Japan Aviation Electronics Industry, Ltd., AVX Corporation, Cisco, YAZAKI Corporation, Panasonic Corporation, AMETEK Inc., Hubbell., Foxconn Electronics Inc., J.S.T. Mfg. Co., Ltd., Chogori Technology Co., Ltd, Zeeteq Electronics Co., Ltd., Murata Manufacturing Co., Ltd.., TOYO CONNECTORS & CABLES and Prismatic Engineering among other domestic and global players. Market share data is available for global, North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America separately. DBMR analysts understand competitive strengths and provide competitive analysis for each competitor separately.
Customization Available : Global Interconnects and Passive Components Market
Data Bridge Market Research is a leader in consulting and advanced formative research. We take pride in servicing our existing and new customers with data and analysis that match and suits their goal. The report can be customised to include production cost analysis, trade route analysis, price trend analysis of target brands understanding the market for additional countries (ask for the list of countries), import export and grey area results data, literature review, consumer analysis and product base analysis. Market analysis of target competitors can be analysed from technology-based analysis to market portfolio strategies. We can add as many competitors that you require data about in the format and data style you are looking for. Our team of analysts can also provide you data in crude raw excel files pivot tables (Fact book) or can assist you in creating presentations from the data sets available in the report