Passive components are independent electronic components that do not require a power source to operate. Electronic components are devices that have lead terminals and are interconnected to create an electronic circuit in an electronic device. These electronic components are divided into active components and passive components. Active components depend on a power source to operate, whereas passive components do not need any power source to function.
Technavio’s analysts forecast the global passive component market to grow at a CAGR of 6.29% during the period 2017-2021.
Covered in this report The report covers the present scenario and the growth prospects of the global passive component market for 2017-2021. To calculate the market size, the report considers sales, volume, and value.
The market is divided into the following segments based on geography: • Americas • APAC • EMEA
Technavio’s report, Global Passive Component Market 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.
Market driver • Growth in demand for communication equipment • For a full, detailed list, view our report
Market challenge • Low product differentiation • For a full, detailed list, view our report
Market trend • Advancement of IoT in industries • For a full, detailed list, view our report
Key questions answered in this report • What will the market size be in 2021 and what will the growth rate be? • What are the key market trends? • What is driving this market? • What are the challenges to market growth? • Who are the key vendors in this market space? • What are the market opportunities and threats faced by the key vendors? • What are the strengths and weaknesses of the key vendors?
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