Two key growth drivers for the U.S. Through-hole Passive Components Market include the growing need for energy-efficient electronic devices and the expansion of the automotive industry. With consumers becoming more conscious of energy consumption, manufacturers are incorporating passive components in their products to enhance energy efficiency. Additionally, the automotive sector is witnessing a surge in electronic content in vehicles, leading to a higher demand for through-hole passive components.
In terms of segment analysis, the U.S. Through-hole Passive Components Market can be segmented based on type, application, and end-user industry. Capacitors, resistors, and inductors are the major types of through-hole passive components widely used in various applications such as consumer electronics, automotive, telecommunications, and aerospace.
In the competitive landscape, key players in the U.S. Through-hole Passive Components Market include Murata Manufacturing Co., Ltd., TE Connectivity, AVX Corporation, TDK Corporation, and KEMET Corporation. These companies are focusing on product innovation, strategic partnerships, and mergers & acquisitions to gain a competitive edge in the market.