The Electrical And Electronics Components Market Overview 2025 report reveals that the market size has grown significantly over the past few years, with projections indicating further expansion.
What are the Historical Growth Trends in the Electrical And Electronics Components Market?
The market size of the electrical and electronics components industry has experienced significant growth. It is projected to increase from $66.45 billion in 2024 to $73.84 billion in 2025, with a compound annual growth rate (CAGR) of 11.1%.
What are the 2025 Market Projections: Forecasted Size & Growth Rate for the Electrical And Electronics Components Industry?
The Electrical And Electronics Components market is predicted to reach a value of $114.41 billion by 2029, with a compound annual growth rate (CAGR) of 11.6%.
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What are the Key Growth Drivers Fueling the Electrical And Electronics Components Market?
The key drivers in the electrical and electronics components market are:
• Rise in the production of electric vehicles and development of charging infrastructure
• Expansion of edge computing
• Increased use of flexible and printed electronics
• Growing cybersecurity demands, smart city initiatives, and utilization of green electronics.
Global Market Segmentation: Identifying Major Electrical And Electronics Components Industry Segments
The electrical and electronics components market covered in this report is segmented –
1) By Type: Passive, Active, Electro Mechanics
2) By End User: Consumer Electronics, Networking And Telecommunication, Automotive, Manufacturing, Aerospace And Defense, Healthcare, Other End users
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What are the Emerging Trends Shaping the Future of the Electrical And Electronics Components Market?
The key trends in the electrical and electronics components market are:
• The advancement in semiconductor technologies is a leading trend.
• There's a growing trend towards customization in electrical and electronic component design.
• AI integration in component development is an emerging trend.
• The resilience and digitalization of supply chains are shaping the future of the market.
Who Are the Top Competitors & Leading Players in the Electrical And Electronics Components Market?
Major companies in the electrical and electronics components market are:
• Infineon Technologies AG
• NXP Semiconductors NV
• Texas Instruments Inc.
• Toshiba Corporation
• Panasonic Corporation
• Advanced Micro Devices Inc.
• Intel Corporation
• Maxim Integrated Products Inc.
• Broadcom Inc.
• Qualcomm Inc.
• Analog Devices Inc.
• Microchip Technology Inc.
• Monolithic Power Systems Inc.
• Renesas Electronics Corporation
• STMicroelectronics NV
• Cypress Semiconductor Corporation
• Honeywell International Inc.
• Tokyo Denki Kagaku Kogyo K.K. Corporation
• Vishay Intertechnology Inc.
• TE Connectivity Ltd.
• Smiths Interconnect Inc.
• Yamaichi Electronics Co Ltd.
• Enplas Corporation
• Leeno industrial Inc.
• Rockwell Automation Inc.
• Idem Safety Switches Ltd.
• Asea Brown Boveri Ltd.
• EUCHNER GmbH + Co KG
• Eaton Corporation plc
• Schneider Electric SE
• Schweitzer Engineering Laboratories Inc.
• Woodward Inc.
• American Connectors Inc.
• Amphenol Industrial Products Group
• Thomas & Betts Corporation
• Mitsubishi Electric Corporation
• Siemens AG
Regional Dominance: Which Area Leads the Global Template Market?
North America was the largest region in the electrical and electronics components market in 2024
