The global passive electronic components market size was valued at USD 39.86 Billion in 2024. Looking forward, the market is forecast to reach USD 57.23 Billion by 2033, exhibiting a CAGR of 3.90% from 2025-2033. North America currently dominates the market, holding a market share of over 35.8% in 2024. The market is primarily driven by the rising demand in consumer electronics like smartphones and wearables, growing adoption of electric vehicles and advanced automotive systems, and expanding renewable energy infrastructure requiring efficient energy management and reliability in energy-generating and storage systems.
Passive electronic components refer to electrical parts that do not generate power and are incapable of power gain. They consist of capacitors, resistors, transformers, inductors and coils. They are manufactured using tantalum, ceramic, aluminum electrolytic, paper and plastic films. Passive electronic components absorb energy and do not require electrical power to operate. They are commonly used in various electronic devices, such as computers, home appliances, smartphones and gaming consoles. They are reliable, easy to design, cost-effective and can easily handle large voltage currents and power without the requirement of a power supply and amplifying elements. As a result, passive electronic components are widely used across medical, automotive, aerospace, energy, telecommunications, defense, and data storage industries.
2. How big is the passive electronic components market?
3. What is the expected growth rate of the global passive electronic components market during 2025-2033?
4. What are the key factors driving the global passive electronic components market?
5. What is the leading segment of the global passive electronic components market based on type?
6. What is the leading segment of the global passive electronic components market based on end use industry?
7. What are the key regions in the global passive electronic components market?
8. Who are the key players/companies in the global passive electronic components market?
Passive electronic components refer to electrical parts that do not generate power and are incapable of power gain. They consist of capacitors, resistors, transformers, inductors and coils. They are manufactured using tantalum, ceramic, aluminum electrolytic, paper and plastic films. Passive electronic components absorb energy and do not require electrical power to operate. They are commonly used in various electronic devices, such as computers, home appliances, smartphones and gaming consoles. They are reliable, easy to design, cost-effective and can easily handle large voltage currents and power without the requirement of a power supply and amplifying elements. As a result, passive electronic components are widely used across medical, automotive, aerospace, energy, telecommunications, defense, and data storage industries.
Passive Electronic Components Market Trends:
Significant growth in the automotive industry across the globe is creating a positive outlook for the market. Passive electronic components are widely used in specialized and high-performing components, such as emergency brake assistance systems and infotainment. In line with this, the increasing demand for electric vehicles (EVs) due to environmental and emission concerns is favoring the market growth. Additionally, various new product innovations, such as the introduction of wire wound and metal oxide high-power resistors that assists in monitoring circuits and diagnosing and testing sensors, are providing an impetus to the market growth. Furthermore, the growing miniaturization of passive electrical components that can easily be used in consumer electronics, such as smartphones, cameras and speakers, is positively impacting the market growth. Apart from this, the widespread product utilization in medical devices integrated with sensors to collect data about patients, extensive research and development (RD&D) activities and the introduction of various shapes and geometries of inductors are anticipated to drive the market toward growth.Market Segmentation:
This report provides an analysis of the key trends in each segment of the global passive electronic components market, along with forecast at the global, regional, and country levels from 2025-2033. The market has been categorized based on type and end use industry.Breakup by Type:
- Capacitor
- Ceramic Capacitors
- Tantalum Capacitors
- Aluminum Electrolytic Capacitors
- Paper and Plastic Film Capacitors
- Supercapacitors
- Inductor
- Power
- Frequency
- Resistor
- Surface-mounted Chips
- Network
- Wirewound
- Film/Oxide/Foil
- Carbon
Breakup by End Use Industry:
- Aerospace and Defense
- Consumer Electronics
- Information Technology
- Automotive
- Industrial
- Others
Breakup by Region:
- North America
- United States
- Canada
- Asia-Pacific
- China
- Japan
- India
- South Korea
- Australia
- Indonesia
- Others
- Europe
- Germany
- France
- United Kingdom
- Italy
- Spain
- Russia
- Others
- Latin America
- Brazil
- Mexico
- Others
- Middle East and Africa
Competitive Landscape:
The competitive landscape of the industry has also been examined along with the profiles of the key players being Eaton Corporation PLC, KOA Corporation, Kyocera Corporation, Murata Manufacturing Co. Ltd., Panasonic Corporation, Samsung Electro-Mechanics Co. Ltd., Taiyo Yuden Co. Ltd., TDK Corporation, TE Connectivity, TT Electronics Plc, Vishay Intertechnology Inc. and Yageo Corporation.Key Questions Answered in This Report
1. What are passive electronic components?2. How big is the passive electronic components market?
3. What is the expected growth rate of the global passive electronic components market during 2025-2033?
4. What are the key factors driving the global passive electronic components market?
5. What is the leading segment of the global passive electronic components market based on type?
6. What is the leading segment of the global passive electronic components market based on end use industry?
7. What are the key regions in the global passive electronic components market?
8. Who are the key players/companies in the global passive electronic components market?
Table of Contents
1 Preface3 Executive Summary10 Value Chain Analysis12 Price Analysis
2 Scope and Methodology
4 Introduction
5 Global Passive Electronic Components Market
6 Market Breakup by Type
7 Market Breakup by End Use Industry
8 Market Breakup by Region
9 SWOT Analysis
11 Porters Five Forces Analysis
13 Competitive Landscape
List of Figures
List of Tables
Companies Mentioned
- Eaton Corporation PLC
- KOA Corporation
- Kyocera Corporation
- Murata Manufacturing Co. Ltd.
- Panasonic Corporation
- Samsung Electro-Mechanics Co. Ltd.
- Taiyo Yuden Co. Ltd.
- TDK Corporation
- TE Connectivity
- TT Electronics Plc
- Vishay Intertechnology Inc. and Yageo Corporation
Methodology
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Table Information
| Report Attribute | Details |
|---|---|
| No. of Pages | 150 |
| Published | May 2025 |
| Forecast Period | 2024 - 2033 |
| Estimated Market Value ( USD | $ 39.86 Billion |
| Forecasted Market Value ( USD | $ 57.23 Billion |
| Compound Annual Growth Rate | 4.1% |
| Regions Covered | Global |
| No. of Companies Mentioned | 11 |
