MARKET OVERVIEW
Active and Passive Electronic
Components are two major categories within the electronics industry, each playing a crucial role in electronic circuit design. The fundamental difference between active and passive components is their ability to amplify signals or power.
MARKET SIZE & GROWTH
• The global Active and Passive Electronic Component Market was valued at USD 447,490 million in 2024.
• It is projected to reach USD 663,130 million by 2031.
• The market is expected to grow at a Compound Annual Growth Rate (CAGR) of 5.9% during the forecast period.
