The increasing demand for electronic components in various sectors such as automotive, consumer electronics, and telecommunications is a significant growth driver for the through-hole passive components market. As these industries continue to expand, the need for passive components like resistors, capacitors, and inductors will also rise, driving market growth.
The growing trend towards miniaturization of electronic devices is another major growth driver for the through-hole passive components market. As consumers demand smaller and more compact electronic products, manufacturers are increasingly incorporating through-hole passive components into their designs to save space without compromising performance.
The emergence of new technologies such as Internet of Things (IoT) and 5G wireless networks is creating new opportunities for the through-hole passive components market. These technologies require a wide range of passive components to enable data transmission, energy storage, and signal processing, driving demand for through-hole components.
Report Coverage | Details |
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Segments Covered | Component, Leads Model, Application |
Regions Covered | • North America (United States, Canada, Mexico) • Europe (Germany, United Kingdom, France, Italy, Spain, Rest of Europe) • Asia Pacific (China, Japan, South Korea, Singapore, India, Australia, Rest of APAC) • Latin America (Argentina, Brazil, Rest of South America) • Middle East & Africa (GCC, South Africa, Rest of MEA) |
Company Profiled | Vishay Intertechnology,, YAGEO Group, Murata Manufacturing, KYOCERA AVX Components, Panasonic Holdings, Bourns,, TDK, TE Connectivity, Microchip Technology |
However, despite the strong growth drivers, there are also some restraints impacting the through-hole passive components market. A significant challenge is the availability of alternative technologies like surface mount devices (SMD) which offer advantages in terms of size, weight, and cost. As a result, some manufacturers are opting for SMD components over through-hole components, limiting market growth.
Another major restraint for the through-hole passive components market is the increasing competition from low-cost manufacturers in countries like China and Taiwan. These manufacturers offer passive components at lower prices, putting pressure on established players to reduce their prices and impacting profit margins.
The Through-hole Passive Components market size in North America, specifically the U.S. and Canada, is expected to experience steady growth over the forecast period. This can be attributed to the increasing demand for consumer electronics and automotive industries in the region. The adoption of through-hole passive components in these sectors for various applications is driving the market growth.
Asia Pacific:
In Asia Pacific, countries like China, Japan, and South Korea are prominent players in the Through-hole Passive Components Market. The region is witnessing rapid industrialization and technological advancements, leading to a surge in the demand for electronic devices. The increasing investments in infrastructure development and the growing automotive sector are further contributing to the market growth in this region.
Europe:
Europe, including the United Kingdom, Germany, and France, is also a significant market for through-hole passive components. The region is known for its strong manufacturing base and a robust automotive industry. The increasing focus on renewable energy sources and the adoption of electric vehicles are driving the demand for through-hole passive components in Europe. Additionally, the presence of key market players and technological advancements are further fueling the market growth in this region.
Resistors:
The segment analysis of resistors in the through-hole passive components market shows a steady growth due to their widespread use in various electronic applications such as circuit boards, power supplies, and telecommunications equipment. The demand for resistors is driven by the increasing need for precision and reliability in electronic devices.
Capacitors:
Capacitors are another key component in the through-hole passive components market, with a growing demand for applications such as signal filtering, noise suppression, and voltage regulation. The segment analysis indicates a significant growth potential for capacitors in industries such as automotive, consumer electronics, and aerospace.
Inductors:
The segment analysis of inductors in the through-hole passive components market highlights their crucial role in energy storage and signal processing in electronic circuits. With the increasing demand for inductors in power electronics and renewable energy systems, the market is expected to witness substantial growth in the coming years.
Diodes:
Diodes play a vital role in current rectification and signal modulation in electronic devices, making them a significant segment in the through-hole passive components market. The segment analysis suggests a growing demand for diodes in applications such as power supplies, lighting systems, and communication devices, driving the market growth.
Leads Model (Axial Leads, Radial Leads):
The through-hole passive components market offers two primary leads models, axial leads, and radial leads, each catering to specific application requirements. The segment analysis indicates a preference for axial leads in high-density applications where space is a constraint, whereas radial leads are favored for easier installation and maintenance.
Application:
The through-hole passive components market caters to a wide range of applications, including automotive, industrial, consumer electronics, telecommunications, and aerospace. The segment analysis reveals a growing demand for passive components in advanced technologies such as IoT devices, smart appliances, and electric vehicles, driving market growth across various sectors.
1. Murata Manufacturing Co., Ltd.
2. Taiyo Yuden Co., Ltd.
3. AVX Corporation
4. Vishay Intertechnology Inc.
5. Panasonic Corporation
6. Samsung Electro-Mechanics
7. KEMET Corporation
8. Yageo Corporation
9. TDK Corporation
10. Nichicon Corporation