Press Releases
 
Passive and Interconnecting Components Market to witness widespread expansion during 2019–2027

, 13 June 2019 -- The global passive and interconnecting components market is expected to witness a growth of 5.1% CAGR during the forecast period from 2019 to 2027.

According to a new market report published by Credence Research, Inc., “Global Passive and Interconnecting Components Market (By Component (Passive Components and Interconnecting Components), By Application (Automotive, Aerospace & Defense, Consumer Electronics, Healthcare, Industrial, IT & Telecom, and Others)) - Growth, Future Prospects and Competitive Landscape, 2019 – 2027”, the global passive and interconnecting components market is expected to witness a growth of 5.1% CAGR during the forecast period from 2019 to 2027.

Browse the full report at https://www.credenceresearch.com/report/passive-and-interconnecting-components-market

Product Insights:
The global passive and interconnecting components market was valued at US$ 168.8 Bn in 2018 and is likely to witness a significant growth, expanding at a CAGR of 5.1% during the forecast period from 2019 to 2027. Electronic gadgets have become an integral part of everyone’s life. The endless demand for new and improved consumer electronic products such as smartphones, digital cameras, personal digital assistants, etc. is continually pushing for higher functionality in increasingly smaller packages. In addition to the integrated circuits (ICs) required by these products, there has been an increase in the number passive and interconnecting components with the growing number of features that are included with each new gadget. As a result, increasing development and higher adoption of various consumer electronic devices is expected to facilitate the growth of the global passive and interconnecting components market in the near future.
The overall passive and interconnecting components market is segmented based on product type, application and geography. Based on product type, interconnecting components led the market in 2018. Interconnects are used to connect a variety of active and passive components in an electronic assembly that controls a system. Growth of this segment is mainly accredited to the increasing espousal of interconnects across several end-use industry verticals including consumer electronics, IT & telecom, defense and aerospace, etc. Based on geography, the passive and interconnecting components market was dominated by Asia Pacific in 2018. The region is expected to continue with its supremacy during the forecast period from 2019 to 2027. The growth is mainly backed by the rising technological advances and innovation in the semiconductor industry. Moreover, the presence of strong semiconductors and electronic companies such as Fujitsu Component Limited, Foxconn Technology Group, Hirose Electric Co., Ltd., etc. are providing varied business opportunities to the regional market.

Competitive Insights:
Major players in the passive and interconnecting components market include
• TE Connectivity,
• Amphenol Corporation,
• Hirose Electric Co., Ltd.,
• Fujitsu Component Limited,
• Molex, LLC,
• TTI, Inc.,
• TT Electronics Plc.,
• AVX Corporation,
• Foxconn Technology Group (Hon Hai),
• Burndy LLC,
• Panasonic Corporation,
• 3M,
• KYOCERA Corporation,
• YAGEO Corporation

The passive and interconnecting components providers are taking up strategies such as new product development, product innovation, partnerships, etc. to flourish in the competitive market environment. The major players are dedicated on differentiating their product offerings through distinctive value propositions for sustaining their place in the market. The players are constantly focusing on upgrading their existing applications in order to satisfy the growing expectations of the customers.

Full Report: https://www.credenceresearch.com/sample-request/59724

Medium: https://medium.com/@CredenceResearc/passive-and-interconnecting-components-market-size-expanding-at-a-cagr-of-5-1-from-2019-to-2027-fd4c3813300d

About Us
Credence Research is a worldwide market research and counseling firm that serves driving organizations, governments, non-legislative associations, and not-for-benefits. We offer our customers some assistance with making enduring enhancements to their execution and understand their most imperative objectives. Over almost a century, we've manufactured a firm extraordinarily prepared to this task.

Credence Research Inc.
105 N 1st ST #429
SAN JOSE
CA 95103
United States
Toll Free (US/CANADA): +1-800-361-8290
Email:

# # #


Submitted by andreadevis, transparency market research on Thursday, 13 June 2019 at 7:09 PM
Category: Business
 
Related News

Fashion Jewelry - Customized Jewelry Just For You
Monday, 17 Jun 2019

Floryday Sheds more Light on Coupons and Points
Monday, 17 Jun 2019

Factors To Consider While Buying Property In Cyprus
Monday, 17 Jun 2019

Body Detox 101 Launches Its New Website To Talk About Latest Healthy Lifestyles Under One Umbrella
Sunday, 16 Jun 2019

Kitchen Design - 5 Key Actions to Accomplishment
Sunday, 16 Jun 2019

Related Events

The Perl Conference, Pittsburgh 2019
Sunday, 16 Jun 2019

Predictive Analytics World for Business - Las Vegas - June, 2019
Sunday, 16 Jun 2019

Deep Learning World Las Vegas 2019
Sunday, 16 Jun 2019

IPBC Global 2019, 16-18 June 2019, Boston USA
Sunday, 16 Jun 2019

New York City Finance Assembly
Monday, 17 Jun 2019

Latest News

Fashion Jewelry - Customized Jewelry Just For You
Monday, 17 Jun 2019

Floryday Sheds more Light on Coupons and Points
Monday, 17 Jun 2019

Factors To Consider While Buying Property In Cyprus
Monday, 17 Jun 2019

Body Detox 101 Launches Its New Website To Talk About Latest Healthy Lifestyles Under One Umbrella
Sunday, 16 Jun 2019

Kitchen Design - 5 Key Actions to Accomplishment
Sunday, 16 Jun 2019

 
Want to get your press releases, event listings, and job ads on Scoopasia? Register now for a FREE account or login if you already have one!
Scoopasia v1.0b. Copyright © 2019
Today is Monday, 17 June 2019

About Scoopasia | FAQ | Privacy Policy | Contact Us

Press Releases
Event Listings
Job Listings
Arts & Entertainment
Architecture & Construction
Automotive & Travel
Business
Consumer Technology
Economy
Education
Enterprise Technology
Food & Fashion
Government & Policy
Health Care & Medical
Legal/Law
News & Media
Religion
Science & Research
Sports & Fitness
Login / Register
Get Scoopasia through RSS Feeds & Email Notifications!


Journalist's Toolbox
Hello journalist, welcome to Scoopasia--a powerful online resource for media information in Asia. Scoopasia has press releases and media events for every beat and industry. All content on Scoopasia is 100% FREE. You don't even need to login!

  • Scoop Line
    (Instant Information Request)
    The easiest way to ask questions and request information from the PR community.


  • Advanced Search
    Drill down, dig deep, for media information the way you want it.

  • Journalist's Resources
    Resources and tools you can't do without.

  • PR Tools
    Scoopasia Blog Search
    Search the largest handpicked collection of Asia's most prominent and influential blogs.


    Resources
  • PR Bookmarks
  • Web 2.0 Bookmarks
  • Media Bookmarks

    More Coming Soon...

  • Upcoming Events
  • Children’s Festival 2019 by Gardens by the Bay
  • ISPP 2019 - 12th International Symposium on Pedriatic Pain
  • The Perl Conference, Pittsburgh 2019
  • Predictive Analytics World for Business - Las Vegas - June, 2019
  • Deep Learning World Las Vegas 2019

  • Latest Jobs
    Sorry, there are currently no entries posted here.