General Electronic Components Market Report 2026

The general electronic components market size has grown strongly in recent years. It will grow from $515.66 billion in 2025 to $550.3 billion in 2026 at a compound annual growth rate (CAGR) of 6.7%. The growth in the historic period can be attributed to expansion of consumer electronics manufacturing, early adoption of automation in industrial facilities, rising penetration of communication devices, increased demand for power conversion components, growth in automotive electronics integration.

The general electronic components market size is expected to see strong growth in the next few years. It will grow to $743.13 billion in 2030 at a compound annual growth rate (CAGR) of 7.8%. The growth in the forecast period can be attributed to rising adoption of smart connected devices, increasing need for high efficiency power management, expansion of electric mobility platforms, growth in advanced manufacturing technologies, rising deployment of iot enabled infrastructure. Major trends in the forecast period include miniaturization and high density circuit designs, growth in demand for multifunctional components, advancements in thermal management materials, increasing shift toward modular electronic architectures, rising focus on enhanced signal integrity in compact assemblies.

The rising number of satellites is anticipated to drive the growth of the general electronics components market in the future. A satellite is a device launched into space to orbit the Earth and gather data. General Electric's components and expertise play a crucial role in satellite manufacturing by supplying essential subsystems, materials, and components tailored to the specific requirements of space environments. For example, in May 2024, a report from the UK Space Agency, a government executive agency in the UK, stated that as of April 2024, there were over 9,000 active satellites in orbit, with projections suggesting this number could exceed 60,000 by 2030. Thus, the increasing number of satellites is propelling the growth of the general electronic components market.

Major companies engaged in the general electronic component market are actively pursuing innovative solutions to fortify their market presence. Innovative diode solutions involve the application of advanced diode technologies to address challenges and create opportunities across various industries. For example, in May 2023, Littelfuse Inc., a US-based electronics company, introduced the LTKAK2-L series high-power TVS diodes in a surface-mount package. The LTKAK2-L Series TVS Diodes, designed for compatibility with automated PCB assembly methods, come in a compact surface-mount package. This smaller solution, housed in a modified SMTO-218 package, allows designers to achieve robust circuit protection while utilizing less PCB area compared to axial leaded alternatives. With a surge current rating of 2 kA, these diodes enable designs to meet IEC-61000-4-5 Level 4 criteria, providing protection for a broad range of high-reliability AC and DC power supplies and applications.

In September 2025, L&T Semiconductor Technologies, an India-based provider of semiconductor design and solutions, acquired the power module design assets of Fujitsu General Electronics for an undisclosed sum. Through this acquisition, L&T Semiconductor aims to enhance its semiconductor design capabilities, expand its intellectual property portfolio, and strengthen its presence in global power electronics markets. Fujitsu General Electronics is a Japan-based provider of power module technology, including R&D equipment, design patents, and intellectual property related to power electronics.

Major companies operating in the general electronic components market are Murata Manufacturing Co., Ltd., STMicroelectronics N.V., Infineon Technologies AG, TE Connectivity Ltd., TDK Corporation, Yageo Corporation, Amphenol Corporation, Vishay Intertechnology, Inc., Texas Instruments Incorporated, Analog Devices, Inc., Fairchild Semiconductor International, Inc., EPCOS AG, API Technologies Corp., Siemens Ltd., Bosch Ltd., ABB India Ltd., Bharat Electronics Ltd., Sterlite Technologies Ltd., Surya Roshni Ltd., Qualcomm India Pvt. Ltd., Honeywell Automation India Ltd., 3M India Ltd., Schmersal India Pvt. Ltd., Svel Sensors & Controls Pvt. Ltd., Medical Sensors India Pvt. Ltd., Turck India Automation Pvt. Ltd., AAC Technologies Holdings Inc., China Electronics Corporation, Fujian Jinhua Integrated Circuit Co., Ltd., Suzhou Orientation Semiconductor Technology Co., Ltd., Western Digital Corporation, Seagate Technology Holdings plc, Toshiba Corporation, Kyocera Corporation, Panasonic Corporation, Renesas Electronics Corporation, Hitachi, Ltd., Agilent Technologies Japan, Ltd., Seiko Epson Corporation, Yamaha Corporation, NEC Corporation, Fujitsu Components Ltd., Sharp Corporation, Sanyo Electric Co., Ltd., Sony Group Corporation, Foxconn Technology Group, Prestigio Technologies Ltd., King Brother Technology Co., Ltd., JSC Eltech-SPb, Crocus Nano Electronics LLC, Korona Semiconductor, Rohm Co., Ltd., Maxim Integrated Products, Inc., Arrow Electronics, Inc., ON Semiconductor Corporation, New York Semiconductor, Rochester Electronics, LLC, Gama Electronics, Inc., AVX Corporation, Eaton Corporation plc, Advanced Micro Devices, Inc. (AMD), Smart Modular Technologies, Inc., Flextronics International Ltd., LG Electronics Inc., Digitron, Foto Electronica Beta Srl, AUTER S.A., Tekemi, Videocorp, Satelinx Ingeniería Ltda., Arabian Power Electronics Company, Leap Technologies FZC, United Transformers Electric Company, Electro Mechanical Company LLC, Avnet South Africa (Pty) Ltd., Samsung Electronics Co., Ltd., Electrocomp (Pty) Ltd.

Note that the outlook for this market is being affected by rapid changes in trade relations and tariffs globally. The report will be updated prior to delivery to reflect the latest status, including revised forecasts and quantified impact analysis. The report’s Recommendations and Conclusions sections will be updated to give strategies for entities dealing with the fast-moving international environment.

Tariffs are influencing the general electronic components market by increasing import costs for semiconductors, passive components, and electromechanical parts, thereby creating pricing pressure across global supply chains. These tariffs particularly affect regions in Asia Pacific and North America, where manufacturing and assembly clusters rely heavily on cross border sourcing. Segments such as integrated circuits, circuit boards, sensors, and connectors face the strongest impact due to high dependency on material flow. While the higher costs challenge production efficiency, some markets gain positive effects as tariffs encourage localization, regional manufacturing investments, and supplier diversification.

The general electronic components market research report is one of a series of new reports that provides general electronic components market statistics, including general electronic components industry global market size, regional shares, competitors with a general electronic components market share, detailed general electronic components market segments, market trends and opportunities, and any further data you may need to thrive in the general electronic components industry. This general electronic components market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.

General electronic components are devices operating within electronic systems, influencing their associated fields. These components typically feature multiple electrical terminals interconnected to form specific electronic circuits, serving functions such as amplification or oscillation.

The primary types of general electronic components include passive components, active components, electromechanical components, and others. Electromechanical components utilize electrical signals to induce mechanical changes, such as the rotation of a motor. The generation of a magnetic field by an electrical current leads to physical movement. These products are distributed through aftermarket channels and manufacturer/distributor/service providers, catering to end users in industries such as aerospace, communication, automotive, and more.Asia-Pacific was the largest region in the general electronic components market in 2025. North America was the second-largest region in the global general electronic components market share. The regions covered in the general electronic components market report are Asia-Pacific, South East Asia, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. The countries covered in the general electronic components market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Taiwan, Russia, South Korea, UK, USA, Canada, Italy, Spain.

The general electronic components market consists of sales of resistor, capacitor, transistor, and other components. Values in this market are factory gate values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors, and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.

The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD unless otherwise specified).

The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.

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