Interconnects and Passive Components Market is estimated to grow by ~6% of CAGR from 2016 to 2022

Pune, India, March 28, 2017 /MRFR Press Release/- Market Research Future published a half cooked research report on Interconnects and Passive Components Market.

Market Highlights

Global Interconnects and Passive Components Market is growing rapidly. High development in the field of technology, need of efficient consumer electronic products, changing trends and high adoption automation into the manufacturing process are some of the key drivers for the market of Interconnects and Passive Components.

Interconnecting components are used in various technological products to connect a variety active and passive components into the control system through an electronic assembly whereas passive components are components which can interrupt, resist and also influence the current flow but does not have capability to control it. High growth in the field of semiconductor manufacturing and high demand for the consumer electronic products is the major factor which is driving the market of Interconnects and Passive Components.

For the purpose of this study, Market Research Future has segmented the market of Interconnects and Passive Components into components and application. By Components, the market has been segmented as Resistors & Inductors, Diodes and Transformers, PCBs (Printed Circuit Boards), Switches, Relays among others whereas on the basis of application, the market has been segmented as consumer electronics, IT, Telecommunication, Automotive, Industrial among others.

The global Interconnects and Passive Components market is expected to grow at USD ~211 billion by the end of year 2022 with ~6% of CAGR.

Taste the market data and market information presented through more than 30 market data tables and figures spread over 110 numbers of pages of the project report. Avail the in-depth table of content TOC & market synopsis on “The Interconnects and Passive Components Market Research Report -Forecast to 2022”.

ACCESS REPORT DETAILS @ https://www.marketresearchfuture.com/reports/interconnects-and-passive-components-market-2411 Key PlayersThe prominent players in the Interconnects and Passive Components Market are – Cisco Systems, Inc. (U.S.), AVX Corporation (U.S.), Molex, LLC (U.S.), Panasonic Corporation (Japan), Ametek, Inc. (U.S.), Amphenol Corporation (U.S.), Delphi Automotive PLC (U.K.), Hubbell Incorporated (U.S.), Hirose Electric Co., Ltd. (Japan) and Hon Hai Precision Industry Co., Ltd., (U.S.) among others.

Market Research Analysis:

Asia Pacific is dominating the market of Interconnects and Passive Components. High development in field of manufacturing industry and high presence of semiconductor manufacturing gives Asia-Pacific a competitive advantage over other regions. North America stands as second biggest market for Interconnects and Passive Components where U.S. is the major contributors in the market growth due to the growing telecommunication and IT industry. Asia-Pacific is also expected to be the fastest growing market during the forecast period. Development of Asian countries is inviting major big players to establish their business unit in Asian Countries.

About Market Research Future:

At Market Research Future (MRFR), we enable our customers to unravel the complexity of various industries through our Cooked Research Report (CRR), Half-Cooked Research Reports (HCRR), Raw Research Reports (3R), Continuous-Feed Research (CFR) and Market Research & Consulting Services.

MRFR team has the prime objective to provide optimum quality market research and intelligence services to our clients. Our market research studies depending on products, services, technologies, applications, end users, and market players for global, regional, and country level market segments enables our clients to know more consequently do more, which gives them answer for their each and every important  question.

In order to stay updated with technology and work process of the industry, MRFR often plans & conducts meeting with industry experts and does industrial visits for its research analyst members.

Contact

Akash Anand,

Market Research Future

Office No. 528, Amanora Chambers

Magarpatta Road, Hadapsar,

Pune - 411028

Maharashtra, India

+1 646 845 9312

Email: akash.anand@marketresearchfuture.com