Global Electronic Components market cagr 7.6%

Electronic Components Market Size and Growth

The global electronic components market is expected to reach a value of $500 billion by 2027, driven by the growing demand for smartphones, tablets, and other consumer electronics. Market research reports highlight key trends, challenges, and opportunities in the industry, helping businesses make informed decisions in a competitive market landscape.

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Companies Covered (Covid 19 Impact Covered)

◍ ABB

◍ AEC

◍ API Technologies

◍ AVX Corporation

◍ Eaton

◍ Datronix Holdings

◍ Hamlin

◍ Fujitsu Component

◍ FCI Electronic Components

◍ Microsemi

◍ Jyoti

◍ Kyocera

◍ JST Mfg

◍ Hasco

◍ Omron

◍ Nippon Mektron

◍ Murata

The competitive landscape of the electronic components market includes companies like ABB, AEC, API Technologies, AVX Corporation, Eaton, Datronix Holdings, Hamlin, Fujitsu Component, FCI Electronic Components, Microsemi, Jyoti, Kyocera, JST Mfg, Hasco, Omron, Nippon Mektron, Murata, Molex, Token, Taiyo Yuden, TE Connectivity, Analog Devices, Samsung, Pulse Electronic Components, Payton Planar Magnetics Ltd., Panasonic, Yazaki, and Walsin. These companies utilize electronic components in various applications to support industries such as automotive, aerospace, consumer electronics, telecommunications, and more, contributing to the growth of the market.

- ABB: $27.7 billion

- AVX Corporation: $3.5 billion

- Kyocera: $14.8 billion

◍ Molex

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Market Segmentation

By Application

◍ Automotive

◍ Communications

◍ Computing Applications

◍ Industrial

◍ Instrumentation

◍ Lighting

◍ Medical

◍ Motor Control

◍ Security

◍ Others

By Product

◍ Active components

◍ Passive components

◍ Electromechanical

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Market Growth

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$ X Billion USD