Global general electronic components market has been witnessing steady growth over the past few years due to rapid advancements in semiconductor technologies. Electronic components are integral to almost every electronic device across various industries such as consumer electronics, automotive, industrial, healthcare, and others. Increased miniaturization of components and proliferation of smartphones and other smart devices have significantly boosted demand for discrete semiconductors, chips, sensors and other electronic parts. Moreover, growing applications of Internet of Things (IoT) and automation are creating new opportunities for deployment of electronic components in industrial equipment and infrastructure. From consumer electronics to automotive systems, telecommunications networks to industrial machinery, general electronic components serve as the fundamental blocks of countless technological devices and systems. The general electronic components encompasses a wide range of products including resistors, capacitors, transistors, diodes, integrated circuits, connectors, and sensors. Each component has a specific purpose, contributing to the efficiency, performance, and reliability of electronic systems.

Market Dynamics

Global general electronic components market growth is primarily driven by rising electronics consumption worldwide. Global general electronic components market is witnessing growth due to increasing innovation due to technological advancements and growing demand for electronic devices across various industries. Moreover, rapid pace of technological advancements, increasing computing power, miniaturization of components, and the need for enhanced performance and functionality are expected to drive market growth. Growing demand for electronic devices such as smartphones, tablets, and wearable devices are further expected to fuel market growth.  

On the other hand, technological obsolescence is a key factor that is expected to hamper the market growth.

Key features of the study:

• This report provides in-depth analysis of the global general electronic components market, and provides market size (US$ Bn) and compound annual growth rate (CAGR%) for the forecast period (2023–2030), considering 2022 as the base year
• It elucidates potential revenue opportunities across different segments and explains attractive investment proposition matrices for this market
• This study also provides key insights about market drivers, restraints, opportunities, new product launches or approval, market trends,  regional outlook, and competitive strategies adopted by key players
• It profiles key players in the global general electronic components market based on the following parameters – company highlights, products portfolio, key highlights, financial performance, and strategies

• Key companies covered as a part of this study include Panasonic Corporation, Samsung Electronics Co., Ltd., Intel Corporation, Texas Instruments Incorporated, Toshiba Corporation, Sony Corporation, STMicroelectronics N.V, NXP Semiconductors N.V, Infenion Technologies AG, Broadcom Inc., Murata Manufacturing Co., Ltd., Vishay Intertechnology, Inc., ON Semiconductor Corporation, and Rensas Electronics Corporation

• Insights from this report would allow marketers and the management authorities of the companies to make informed decisions regarding their future product launches, type up-gradation, market expansion, and marketing tactics
• Global general electronic components market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts
• Stakeholders would have ease in decision-making through various strategy matrices used in analysing the global general electronic components market

General Electronic Components Market Detailed Segmentation:

• By Component Type:
  • Resistors
  • Capacitors
  • Diodes
  • Transistors
  • Inductors
  • Integrated Circuits (ICs)
  • Connectors
  • Switches
  • Others
• By Functionality:
  • Passive Components
  • Active Components
• By End-use Industry:
  • Electronics Manufacturing
  • Consumer Electronics
  • Telecommunications
  • Automotive
  •  Industrial MachineryAerospace & Defense
  • Healthcare
  • Consumer Goods
  • Others
• By Region:
  • North America
  • Europe
  • Asia Pacific
  • Latin America
  • Middle East and Africa