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    Advances in the Environmental Performance of Polymer Capacitors

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Global passive component market to grow at a CAGR of more than 6% in 2017-2021 says Technavio

30.6.2017
Reading Time: 1 min read
A A

source: business wire news

LONDON–(BUSINESS WIRE)–Technavio market research analysts forecast the global passive component market to grow at a CAGR of more than 6% during the forecast period, according to their latest report.

RelatedPosts

Silicon Capacitors Market: Shaping the Foundation for Next-Gen Miniaturization Electronics

YAGEO Releases Compact Coupled Inductors for High-Density VR Designs

Enhancing Energy Density in Nanocomposite Dielectric Capacitors

The market study covers the present scenario and growth prospects of the global passive component market for 2017-2021. The report also lists telecom, consumer electronics, industrial machinery, automotive as the four major end-user segments, of which the telecom sector accounted for more than 41% of the market share in 2016.

According to Raghav Bharadwaj Shivaswamy, a lead analyst at Technavio for automation research, “Passive components such as capacitors, resistors, and inductors are used to regulate the current or voltage in a circuit. Passive components are widely used in a variety of applications, such as medical devices, industrial devices, automotive parts, electronic devices, and others.”

http://mms.businesswire.com/media/20170628006342/en/596196/5/Passive_Component_Market.jpg?download=1

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