Interconnects refer to the electrical component that connects two or more electrical elements together. An interconnect joins electric conductors electrically and mechanically to other conductors and to the terminal of other electrical devices. Passive components refer to the electrical components that consume power in an electrical circuitry which consists of resistors, inductors, capacitors, and transformers. Various components such as filters, baluns and diplexers, among others can be realized with the help of passive elements.

There are various types of interconnects that are offered by manufacturers for various applications that can be used for electronic cable connectors, DIN connectors, or board to board connectors. The various applications for which the interconnects are used include and are not limited to HVAC equipment, cellular phones, hubs, routers, wireless communication devices, high speed connectivity devices, and GPS devices, among others. Interconnects connect the various elements on the PCB to the integrated circuit (IC) to each other and eventually to the outside world. Regarding the passive devices, they are used in order to control the flow of current or regulate the voltage in an electrical circuitry. On an advanced level, the passive components can be integrated to realize various devices such as baluns, RF, EMI filter, and diplexer, among others which are used predominantly for wireless applications. With the help of passive devices, it is possible to reduce the size of the electronics components and ensure better performance coupled with lower power consumption. It also helps in reducing the cost of electronics. There is a growing trend to reduce the size of electronics devices and launching innovative and technologically advanced products by manufacturers in the market on a timely basis to stay ahead of the competition.

The spike in the growth of the consumer electronics industry is said to be the primary driver for the interconnects and passive components market as these elements are increasingly used in various electronics such as cellular phones, GPS devices, modems, tablets, and wearables. Additionally, there is a growing need for these components across a wide range of industries such as automotive, telecommunications, military and defense, and healthcare. Continuous innovations and launch of new products by various manufacturers is supplementing the growth of the market. The growing adoption of automation across different industries will stir the need for communication devices which employ interconnects and passive components. Furthermore, the increasing generation of data and the advent of high speed internet is further fuelling the growth of the market. However, the decreasing margins of interconnects and passive components may hamper the growth of the market. Nevertheless, the growing need for these components across various industries is set to propel the growth of the interconnect and passive components market.

The interconnects and passive components market has been segmented on the basis of product type, application, and geography. Based on product type, the market has been divided into passive components and interconnects. Based on application, the market has been segregated into consumer electronics, data processing, telecommunication, automotive, industrial, healthcare, and others. In terms of geography, the interconnects and passive components market has been divided into North America, Asia Pacific, Europe, Middle East & Africa, and South America.

Some of the key players in the interconnects and passive components market includes TE Connectivity Ltd, Delphi Automotive LLP, Hirose Electric Co., Ltd., Murata Manufacturing Co., Ltd, Johanson Technology, Inc., STMicrotonics, ON Semiconductor Corporation, NXP Semiconductors, and Infineon Technologies AG, among others.

This study by TMR is all-encompassing framework of the dynamics of the market. It mainly comprises critical assessment of consumers' or customers' journeys, current and emerging avenues, and strategic framework to enable CXOs take effective decisions.

Our key underpinning is the 4-Quadrant Framework EIRS that offers detailed visualization of four elements:

  • Customer Experience Maps
  • Insights and Tools based on data-driven research
  • Actionable Results to meet all the business priorities
  • Strategic Frameworks to boost the growth journey

The study strives to evaluate the current and future growth prospects, untapped avenues, factors shaping their revenue potential, and demand and consumption patterns in the global market by breaking it into region-wise assessment.

The following regional segments are covered comprehensively:

  • North America
  • Asia Pacific
  • Europe
  • Latin America
  • The Middle East and Africa

The EIRS quadrant framework in the report sums up our wide spectrum of data-driven research and advisory for CXOs to help them make better decisions for their businesses and stay as leaders.

Below is a snapshot of these quadrants.

1. Customer Experience Map

The study offers an in-depth assessment of various customers’ journeys pertinent to the market and its segments. It offers various customer impressions about the products and service use. The analysis takes a closer look at their pain points and fears across various customer touchpoints. The consultation and business intelligence solutions will help interested stakeholders, including CXOs, define customer experience maps tailored to their needs. This will help them aim at boosting customer engagement with their brands.

2. Insights and Tools

The various insights in the study are based on elaborate cycles of primary and secondary research the analysts engage with during the course of research. The analysts and expert advisors at TMR adopt industry-wide, quantitative customer insights tools and market projection methodologies to arrive at results, which makes them reliable. The study not just offers estimations and projections, but also an uncluttered evaluation of these figures on the market dynamics. These insights merge data-driven research framework with qualitative consultations for business owners, CXOs, policy makers, and investors. The insights will also help their customers overcome their fears.

3. Actionable Results

The findings presented in this study by TMR are an indispensable guide for meeting all business priorities, including mission-critical ones. The results when implemented have shown tangible benefits to business stakeholders and industry entities to boost their performance. The results are tailored to fit the individual strategic framework. The study also illustrates some of the recent case studies on solving various problems by companies they faced in their consolidation journey.

4. Strategic Frameworks

The study equips businesses and anyone interested in the market to frame broad strategic frameworks. This has become more important than ever, given the current uncertainty due to COVID-19. The study deliberates on consultations to overcome various such past disruptions and foresees new ones to boost the preparedness. The frameworks help businesses plan their strategic alignments for recovery from such disruptive trends. Further, analysts at TMR helps you break down the complex scenario and bring resiliency in uncertain times.

The report sheds light on various aspects and answers pertinent questions on the market. Some of the important ones are:

1. What can be the best investment choices for venturing into new product and service lines?

2. What value propositions should businesses aim at while making new research and development funding?

3. Which regulations will be most helpful for stakeholders to boost their supply chain network?

4. Which regions might see the demand maturing in certain segments in near future?

5. What are the some of the best cost optimization strategies with vendors that some well-entrenched players have gained success with?

6. Which are the key perspectives that the C-suite are leveraging to move businesses to new growth trajectory?

7. Which government regulations might challenge the status of key regional markets?

8. How will the emerging political and economic scenario affect opportunities in key growth areas?

9. What are some of the value-grab opportunities in various segments?

10. What will be the barrier to entry for new players in the market?

Note: Although care has been taken to maintain the highest levels of accuracy in TMR’s reports, recent market/vendor-specific changes may take time to reflect in the analysis.

Custom Market Research Services

TMR offers custom market research services that help clients to get information on their business scenario required where syndicated solutions are not enough.

REQUEST CUSTOMIZATION

Interconnects Passive Components Market

Pre Book