Europe Through Hole Passive Components Market Size & Outlook
Europe through hole passive components market, 2017-2030 (US$M)
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Europe through hole passive components market highlights
- The Europe through hole passive components market generated a revenue of USD 6,883.3 million in 2023.
- The market is expected to grow at a CAGR of 8% 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, France is expected to register the highest CAGR from 2024 to 2030.
Europe data book summary
| Market revenue in 2023 | USD 6,883.3 million |
| Market revenue in 2030 | USD 11,759.4 million |
| Growth rate | 8% (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, Europe region accounted for 18.3% 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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Europe 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 42.64% in 2023. Horizon Databook has segmented the Europe 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 proliferation of connected technologies and the growing demand for IoT-based consumer electronics are driving the growth of the Europe through-hole passive components market. The rapid adoption of innovative solutions based on the latest technologies, such as 5G , IoT, and robotics, and the growing defense exports bode well for the growing demand for through-hole passive components across Europe.
For instance, Dassault, a defense equipment manufacturer based in France, sold 3 6 fighter aircraft worth USD 8.8 billion to India. Europe has been witnessing a gradual increase in the sales of electric vehicles in line with the European Union's pledge to ban conventional automobiles by 2035.
Several factories are being constructed to cater to the growing demand for electric vehicles, which is expected to drive the demand for through-hole passive components in the region. For instance, electric car manufacturer Tesla is setting u p a Giga factory in Germany on the outskirts of Berlin.
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Horizon Databook provides a detailed overview of continent-level data and insights on the Europe through hole passive components market , including forecasts for subscribers. This continent databook contains high-level insights into Europe through hole passive components market from 2017 to 2030, including revenue numbers, major trends, and company profiles.
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Europe through hole passive components market size, by country, 2017-2030 (US$M)
Europe Through Hole Passive Components Market Outlook Share, 2023 & 2030 (US$M)
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