Asia Pacific Through Hole Passive Components Market Size & Outlook
Asia Pacific through hole passive components market, 2017-2030 (US$M)
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Asia Pacific through hole passive components market highlights
- The Asia Pacific through hole passive components market generated a revenue of USD 18,640.7 million in 2023.
- The market is expected to grow at a CAGR of 8.3% from 2024 to 2030.
- In terms of segment, capacitors was the largest revenue generating component in 2023.
- Sensors is the most lucrative component segment registering the fastest growth during the forecast period.
- Country-wise, India is expected to register the highest CAGR from 2024 to 2030.
Asia Pacific data book summary
| Market revenue in 2023 | USD 18,640.7 million |
| Market revenue in 2030 | USD 32,601.3 million |
| Growth rate | 8.3% (CAGR from 2023 to 2030) |
| Largest segment | Capacitors |
| Fastest growing segment | Sensors |
| Historical data covered | 2017 - 2022 |
| Base year for estimation | 2023 |
| Forecast period covered | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Resistors, Capacitors, Inductors, Diodes, Transducers, Sensors |
| Key market players worldwide | Vishay Intertechnology Inc, Murata Manufacturing Co Ltd, Yageo Corp ADR, Kyocera Corp, Panasonic Holdings Corp, TDK Corp, TE Connectivity Ltd, Microchip Technology Inc, Bourns |
Other key industry trends
- In terms of revenue, Asia Pacific region accounted for 49.6% of the global through hole passive components market in 2023.
- Globally, Asia Pacific is projected to lead the regional market in terms of revenue in 2030.
- Asia Pacific is the fastest growing regional market and is projected to reach USD 32,601.3 million by 2030.
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Through Hole Passive Components Market Scope
Through Hole Passive Components Market Companies
| Name | Profile | # Employees | HQ | Website |
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Asia Pacific through hole passive components market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to through hole passive components market will help companies and investors design strategic landscapes.
Capacitors was the largest segment with a revenue share of 42.46% in 2023. Horizon Databook has segmented the Asia Pacific through hole passive components market based on resistors, capacitors, inductors, diodes, transducers, sensors covering the revenue growth of each sub-segment from 2017 to 2030.
The growth of the regional market can be attributed to the lucrative opportunities it offers for supplying through-hole passive components for automotive, consumer electronics, and industrial applications.
Rapid implementation of robotic processes in Japan, South Korea, India, and China across various industries and industry verticals, especially in automotive and consumer electronics industries, is driving the demand for through-hole passive components across the region.
The gradual emergence of India and Vietnam after China as global manufacturing hubs bodes well for the growth of the regional market. For instance, the India Brand Equity Foundation (IBEF) informed that India attracted a foreign direct investment (FDI) of USD 104.18 billion between April 2000 and December 2021.
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Horizon Databook provides a detailed overview of continent-level data and insights on the Asia Pacific through hole passive components market , including forecasts for subscribers. This continent databook contains high-level insights into Asia Pacific through hole passive components market from 2017 to 2030, including revenue numbers, major trends, and company profiles.
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Asia Pacific through hole passive components market size, by country, 2017-2030 (US$M)
Asia Pacific Through Hole Passive Components Market Outlook Share, 2023 & 2030 (US$M)
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