A passive component is a module that does not require any source of
energy to perform its function in any given application. Capacitors,
inductors, and resistors are the main types of passive component. They are used
to control the intensity of the current or voltage in a circuit. Passive
components are used in industry to improve the energy efficiency, life, and
performance of devices such as lighting . They are also used in medical
equipment to improve precision and reliability. Pas sive components are
commonly used in converters, SMPS, computing servers, LED lightening, and
industrial automation.
Analysts forecast the Global Passive Component
market will grow at a CAGR of 3.5 percent over the period
2013-2018.
The Report recognizes the following companies as the key players in the
Global Passive Components Market: Kyocera Corp., Murata Manufacturing Co. Ltd.,
Samsung Electro-Mechanics Co. Ltd., Taiyo Yuden Co. Ltd., TDK Corp.
Other prominent vendors in the market are: FENGHUA (H.K.) Electronics
Ltd., KEMET Corp., KOA Corp., Lelon Electronics Corp., Nichicon Corp., Nippon
Chemi-Con Corp., Panasonic Corp., Rubycon Corp., Vishay Intertechnology Inc.,
Yageo Corp.
Miniaturization of electronic devices is one major trend witnessed in the
market. Consumers worldwide are looking for electronic devices that are
compact, fast, and reliable.
Covered in this
Report
The Global Passive Component market can be divided into three main
segments: Capacitors, Inductors, and Resistors.
Global Passive Component Market 2014-2018, has been prepared based on an
in-depth market analysis with inputs from industry experts. The report covers
the Americas and the EMEA and APAC regions; it also covers the Global Passive
Component market landscape and its growth prospects in the coming years. The
report also includes a discussion of the key vendors operating in this market.
According to the report, technological advancements in the electronics
markets and increased demand from the Healthcare industry are major factors
responsible for the growth of the market. There has been increased demand for
lightweight and compact electronic devices with enhanced features.
Further, the report states that stiff competition among vendors is a
major challenge faced by the market. There are many local and regional passive
component suppliers that are offering products at relatively lower rates than
the big players which reduce the profit margins.
