Electrical and Electronics Components Market Report 2026

The electrical and electronics components market size has grown rapidly in recent years. It will grow from $72.69 billion in 2025 to $80.73 billion in 2026 at a compound annual growth rate (CAGR) of 11.1%. The growth in the historic period can be attributed to increasing demand from consumer electronics, expansion of basic ic and transistor usage, early adoption in automotive electronics, growth in telecommunication infrastructure, rising use in industrial control systems.

The electrical and electronics components market size is expected to see rapid growth in the next few years. It will grow to $122.16 billion in 2030 at a compound annual growth rate (CAGR) of 10.9%. The growth in the forecast period can be attributed to rising adoption of advanced semiconductor components, growth in high-performance computing materials, increasing demand for miniaturized components, expansion of ev and autonomous vehicle electronics, development of energy-efficient electronic systems. Major trends in the forecast period include integration of intelligent electronic component manufacturing systems, advancement of cybersecure component ecosystems, adoption of IoT-enabled component monitoring, expansion of AI-driven component optimization, growth of robotics-assisted component handling.

The expansion of the automobile industry is expected to drive the growth of the electrical and electronic components market going forward. The automobile industry encompasses the design, development, manufacturing, marketing, and sale of motor vehicles, including cars, trucks, motorcycles, and other vehicle types. This industry is expanding due to increasing consumer demand for personal mobility and advanced vehicle technologies. As the automotive sector grows, the demand for electronic components used in vehicles also rises, including those that support safety systems, emission reduction technologies, and advanced features for electric and hybrid vehicles. For example, in October 2025, according to the European Automobile Manufacturers Association (ACEA), a Europe-based auto industry association, battery-electric cars accounted for 16.1% of the EU market share up to September 2025, rising from 13.1% in September 2024 year-to-date. Additionally, hybrid-electric car registrations continued to grow, reaching 34.7% of the market and remaining the top choice among EU consumers. Therefore, the expansion of the automobile industry is fueling the growth of the electrical and electronic components market.

Leading manufacturers operating in the electrical and electronics components market are focusing on developing innovative protection devices such as resettable electronic fuses (eFuses) to meet the rising demand for reliable power-management and circuit-protection solutions in automotive, industrial, and data-center applications. An eFuse is a semiconductor-based electronic fuse that integrates over-current, over-voltage, and thermal-shutdown protection within a compact chip, offering resettable operation and improved safety compared to traditional one-time fuses. For instance, in July 2024, Nexperia, a Netherlands-based semiconductor company, launched the NPS3102A/B family of high-current eFuses. The product features low on-resistance (~17 mΩ) supporting up to 13.5 A current, adjustable current limit (2-13.5 A), a wide input voltage range (~9-18 V, 21 V max), and selectable latch-off or auto-retry fault response. Designed for 12 V systems such as servers, SSDs, and 5G base stations, these eFuses improve reliability, minimize board area, and reduce overall solution costs compared to discrete MOSFET + thermal fuse assemblies.

In November 2023, TransDigm Group Incorporated, a U.S.-based producer of highly engineered aerospace and defense components, acquired the Electron Device Business of Communications & Power Industries (CPI) for roughly $1.385 billion. This acquisition enhances TransDigm’s presence in the aerospace and defense electronics sector by incorporating CPI’s advanced electronic components and subsystems, including RF and microwave devices used in radar, electronic warfare, and satellite communication systems. Communications & Power Industries is a U.S.-based manufacturer of electronic components and subsystems for aerospace and defense uses.

Major companies operating in the electrical and electronics components market are Infineon Technologies AG, NXP Semiconductors NV, Texas Instruments Inc., Toshiba Corporation, Panasonic Corporation, Advanced Micro Devices Inc., Intel Corporation, Maxim Integrated Products Inc., Broadcom Inc., Qualcomm Inc., Analog Devices Inc., Microchip Technology Inc., Monolithic Power Systems Inc., Renesas Electronics Corporation, STMicroelectronics NV, Cypress Semiconductor Corporation, Tokyo Denki Kagaku Kōgyō K.K. Corporation, Vishay Intertechnology Inc., TE Connectivity Ltd., Smiths Interconnect Inc., Yamaichi Electronics Co Ltd., Enplas Corporation, Leeno industrial Inc., Idem Safety Switches Ltd., EUCHNER GmbH + Co KG, Eaton Corporation plc, Schneider Electric SE, American Connectors Inc., Amphenol Industrial Products Group, Thomas & Betts Corporation, Mitsubishi Electric Corporation, Siemens AG.

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 have affected the electrical and electronic components market by increasing costs of imported semiconductors, resistors, capacitors, connectors, and raw materials such as silicon and copper used in component manufacturing. Consumer electronics, automotive, telecom, and industrial manufacturers in regions including Asia-Pacific, North America, and Europe face higher procurement costs and longer lead times due to tariff-driven supply disruptions. However, tariffs have also encouraged local production of components, accelerated investments in domestic semiconductor fabrication, and supported innovation in material-efficient component technologies to strengthen long-term supply chain stability.

The electrical and electronic components market research report is one of a series of new reports that provides electrical and electronic components market statistics, including electrical and electronic components industry global market size, regional shares, competitors with electrical and electronic components market share, detailed electrical and electronic components market segments, market trends and opportunities, and any further data you may need to thrive in the electrical and electronic components industry. This electrical and 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.

Electrical and electronic components encompass essential discrete devices or physical entities within an electronic system, serving as the foundational elements of electronic circuits. These components find applications across diverse industries with electronic requirements.

The primary categories of electrical and electronic components include passive, active, and electro-mechanic. Active components comprise semiconductor devices, including integrated circuits, diodes, and transistors. These elements play a crucial role in various sectors such as consumer electronics, networking and telecommunications, automotive, manufacturing, aerospace and defense, healthcare, and other end-user segments.North America was the largest region in the electrical and electronics components market in 2025. Asia-Pacific is expected to be the fastest-growing region in the electrical and electronic components market report during the forecast period. The regions covered in the electrical and electronics 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 electrical and electronics components market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Taiwan, Russia, South Korea, UK, USA, Canada, Italy, Spain.

The electrical and electronics components market consists of sales of resistors, capacitors, inductors, and diodes. 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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