Market Synopsis of Interconnects and Passive Components Market
Market Scenario:
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 are passive electrical components 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 Share is expected to grow at USD ~211 billion by the end of year 2022 with ~6% of CAGR.
Market Segmentation
The MRFR report highlights an inclusive segmental analysis of the global interconnects and passive components market based on components, passive components, interconnects, and application.
By components, the global interconnects and passive components market is segmented into interconnects and passive components. Of these, the interconnect components segment will lead the market over the forecast period.
By passive components, the global interconnects and passive components market is segmented into diodes, transformers, capacitors, inductors, and resistors. Of these, the capacitors segment will dominate the market over the forecast period.
By interconnects, the global interconnects and passive components market is segmented into relays, switches, connectors, printed circuit boards, and others. The other segment is again segmented into adapters, splices, terminals, and sockets. Of these, connectors will have lions share in the market over the forecast period.
By application, the global interconnects and passive components market is segmented healthcare, industrial, automotive, military and aerospace, telecommunications, data processing, and consumer electronics. Of these, the automotive segment will spearhead the market over the forecast period.
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.
Study Objectives of Interconnects and Passive Components Market:
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Segments
By Components-
By Applications
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Intended Audience
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.
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