Global Active and Passive Electronic Components Market Size and Share Analysis 2023-2028

Market Overview

Active electronic components are components that rely on an external power source to operate in a circuit, while passive electronic components do not require an external power source. Examples of active components include integrated circuits, transistors, and diodes, while passive components consist of capacitors, resistors, and inductors/magnetics.

The Active and Passive Electronic Components Market is projected to reach USD 984.73 billion by 2028, growing at a CAGR of 8.79% during the forecast period (2023-2028). These components serve as the building blocks for semiconductor/electronic devices and play a crucial role in powering electronic systems. Active components modify or control electrical signals using an external power source, while passive components use other properties to control electrical signals.

Product Type

Market Research



Release Date

March 2023

Base Year


Forecast Period


Market Size

USD 583.3 billion in 2021

Market Segments

Component, End User, Region



No. of Companies Mentioned


The market for active and passive electronic components has experienced significant growth due to the increasing digitalization of various sectors. This has led to a higher adoption of consumer electronics across industries and an increased demand for connectivity and mobility. As electronic products become more complex, the need for components, particularly in the automotive and consumer electronics sectors, has also grown.

Miniaturization of electronics and components is a current trend in the consumer electronics industry. There is a growing demand for smaller, lighter, and higher-performing electronics. Technological advances have made it possible to incorporate multiple features into a single platform.

The consumer electronics industry is a major consumer of active and passive electronic components. These components are essential for the circuitry in devices such as computers, cell phones, and various other electronic devices. For example, transistors perform functions like amplification, voltage regulation, switching, signal modulation, and oscillation.

The prices of raw materials like silicon, iron, nickel, and molybdenum have seen significant fluctuations. The global precious metal market has also been impacted by supply chain issues, further influencing market prices. The increased cost of specific large-volume components, caused by higher prices of palladium, nickel, and ruthenium, poses a challenge to the overall cost of production and the market’s growth.

During the COVID-19 pandemic, there was a significant increase in the demand for active and passive components in the medical and healthcare sector. This demand was driven by the need to expedite detection and treatment processes, as well as enhance remote patient monitoring capabilities. Healthcare institutions invested heavily in advanced electronic devices, leading to increased demand for components like transistors, capacitors, and amplifiers. Notable applications included the use of electrochemical transistors for rapid quantification of antigens and laser-induced graphene field-effect transistors for detecting SARS-CoV-2. These components are expected to drive further technological innovations in the post-COVID-19 period.

The growing adoption of 5G technology is another factor driving the active and passive electronic components market. 5G offers fast and low-latency connectivity, which will have a significant impact on various industries, including consumer electronics, automotive, and industrial sectors. According to Ericsson, global 5G subscriptions are expected to reach 4,372.73 million by 2027, with Northeast Asia having the largest number of subscribers. This technology will enable advancements in intelligent automation, AI, IoT, autonomous cars, extended reality, blockchain, and other emerging technologies.

Qualcomm predicts that 5G will generate over USD 2.4 trillion in the automotive industry by 2035. The integration of 5G into vehicles will enable real-time navigation, emergency services, connected infotainment, and communication between vehicles, infrastructure, and pedestrians. In the consumer electronics industry, the availability of low-latency and fast connectivity networks will drive the demand for IoT-connected devices. These trends collectively support the growth of the active and passive electronic components market during the forecast period.

Market Segmentation

The market is segmented based on various factors, including component, end user, and region.

Segmentation by Component
Active Components – Transistors, Diode, Integrated Circuits (ICs), Amplifiers, and Vacuum Tubes
Passive Components – Capacitors, Inductors, and Resistors

Segmentation by End User
Consumer Electronics and Computing
Other End-user Industries

Segmentation by Region
North America
Asia Pacific
Latin America
Middle East and Africa

The active electronic components segment is the largest component sector, accounting for 92.76% of revenue in 2022. It is projected to reach USD 928.12 billion by 2028, with a compound annual growth rate (CAGR) of 9.08% during the forecast period. Integrated Circuits (ICs) are small semiconductor-based devices that contain transistors, capacitors, resistors, and other metallic connections needed for an electrical circuit. These circuits aim to incorporate as many transistors and electronic components as possible on a single chip, with some modern ICs containing billions of them. Different types of ICs are used for various applications, such as Analog ICs, Logic ICs, Memory ICs, and Micro ICs (MPUs and MCUs). Analog ICs are specifically designed for modern analog circuits using bipolar and field-effect transistor technologies. They operate over a continuous range of signal amplitudes, making them suitable for functions that require variable output signals, such as radio-frequency and audio-frequency amplifiers. The introduction of integrated circuits has revolutionized the electronics industry, enabling the integration of multiple features into devices like smartphones, wearables, laptops, televisions, and household appliances. ICs are now found in nearly every electronic product due to their compact size, reliability, and efficiency.

In terms of end-user industries, the consumer electronics and computing segment holds the largest market share at 42.49% in 2022. It is expected to reach USD 409.02 billion by 2028, growing at a CAGR of 8.38% during the forecast period. The increasing demand for consumer electronics devices, particularly smartphones and laptops, is a key driver of this market segment. Active electronic components play a crucial role in telecom equipment and networking devices that require an energy source to perform tasks. The rising demand for high-bandwidth and low-latency connections, especially in emerging economies like India, has led to the deployment of next-generation 5G network infrastructure. This, in turn, drives the demand for new IT and telecom equipment, boosting the adoption of active electronic components. Devices like smartphones and tablets require small yet high-performance antennas, which rely on capacitors with specific performance characteristics. Capacitors are vital components for applications such as frequency tuning, impedance matching, and filtering in antenna systems. They must possess attributes like low-leakage current, high quality factor, and high linearity. Significant advancements in capacitor technology, such as microelectromechanical systems (MEMS), have been made to meet the stringent performance requirements of smartphone antenna systems.

Geographically, the Asia-Pacific region holds the largest market share and is experiencing the fastest growth, accounting for 65.81% of revenue in 2022. It is expected to reach USD 673.90 billion by 2028, growing at a CAGR of 9.50% during the forecast period. The booming electronics industry in Asia is attracting multinational corporations (MNCs) to establish manufacturing plants either independently or through joint ventures with regional companies. Leading global organizations, including Tyco Electronics, FCI OEN, Molex, Vishay, and EPCOS, are setting up operations in Asian countries. This trend is expected to further stimulate local resistor manufacturing activities in the Asia-Pacific region. China, in particular, has witnessed significant growth in the electronics industry, contributing significantly to the country’s overall economic development. As the world’s leading producer of electronic devices like TVs, smartphones, laptops, PCs, refrigerators, and air conditioners, China plays a crucial role in driving the market. Japan’s electronic products industry is also a major driver of semiconductor sales in the country. The rising disposable income of the population and the preference for smart homes and business environments fuel the growth of consumer electronics in Japan. Korea has gained prominence in the global semiconductor memory market and is attracting foreign investments in its fast-growing data center sector. Taiwan’s electronics manufacturing industry, led by Taiwan Semiconductor Manufacturing Company (TSMC), contributes significantly to the country’s GDP. TSMC’s strong revenue growth is driven by its expansion in the high-performance computing industry, serving customers in artificial intelligence research, cloud providers like Amazon Web Services, and edge computing networks.

Overall, the active electronic components market is experiencing significant growth, driven by advancements in integrated circuit technology and the increasing demand for consumer electronics devices in various end-user industries. The Asia-Pacific region, particularly China, Japan, Korea, and Taiwan, plays a vital role in shaping the market landscape due to their thriving electronics industries and investments in manufacturing facilities.

Competitive Landscape

The active and passive electronic components market is dominated by established players who have made significant investments in their products. New entrants into the market face barriers to entry due to the high investment requirements. Companies can maintain their position in the market through strong competitive strategies. Additionally, product innovations can provide opportunities for new players to target emerging and unexplored application areas, allowing them to expand their market presence. The market is highly competitive, and this level of competition is expected to persist throughout the forecasted period.

In December 2022, TDK Corporation introduced ModCap HF, a modular capacitor specifically designed for DC link applications that can operate at extremely high switching frequencies. The B25647A* series consists of six newly developed power capacitors with voltage ratings ranging from 900 to 1600 volts and capacitance ranges between 640 to 1850 microfarads. These capacitors have a maximum allowable hot spot temperature of 90 °C and rated currents that vary from 160 A to 210 A depending on the specific type.

In October 2022, YAGEO Group, the leading supplier of passive components globally, released the RP Series, an automotive grade thin film chip resistor. The RP series incorporates a unique passivation design that creates a waterproofing interface. This protective cover shields the resistive layer, preventing moisture from entering from the external environment. With this enhanced defense, the RP Series maintains high resistance stability even in challenging conditions, making it well-suited for power systems, industrial/medical equipment, telecommunications, industrial/automotive electronics, and industrial/industrial equipment applications.

Key Companies Profiled in this report include Infineon Technologies AG, NXP Semiconductors NV, Texas Instruments Incorporated, Panasonic Corporation, Murata Manufacturing Co., Ltd., Eaton Corporation plc, TE Connectivity Ltd., Honeywell International Inc., Toshiba Corp., Vishay Intertechnology, Inc., Yageo Corporation, TDK Corporation, Kyocera Group, Lelon Electronics Corp., Taiyo Yuden Co., Ltd.

Recent Industry Developments

In January 2023, Infineon Technologies AG has expanded its product line for automotive and commercial motor control applications with the introduction of the MOTIX 3-phase gate driver IC 6ED2742S01Q. This gate driver IC, operating at 160 V, utilizes silicon-on-insulator (SOI) technology and is packaged in a QFN-32 package with an exposed power pad that enhances thermal efficiency. Additionally, it incorporates a power management unit (PMU) within the same device. These features make the MOTIX 3-phase gate driver IC easy to integrate and well-suited for battery-powered industrial brushless DC (BLDC) motor control drives, commonly used in applications such as robotics, drones, cordless power tools, and light electric vehicles.

In November 2022, YAEGO introduced the HCV X7R MLCCs to cater to the stringent requirements of industrial applications. The latest model, the YAGEO HCV X7R, is available in various case sizes ranging from 0402 to 1210 inches and boasts the highest capacitance and rated voltage among its counterparts, at 47uF and 100 volts, respectively. YAGEO is currently the most competitive provider of HCV MLCCs, and to meet the growing demand, they are expanding their manufacturing capacity with a new facility scheduled to commence operations in 2023. This initiative ensures that YAGEO will be able to fulfill market requirements more effectively.

Key Questions Answered

What is the duration of the study period for this market?
What is the growth rate of the Active and Passive Electronic Components Market?
What is the size of the Active and Passive Electronic Components Market?
Which region exhibits the highest growth rate in the Active and Passive Electronic Components Market?
Which region holds the largest share in the Active and Passive Electronic Components Market?
Who are the key players in the Active and Passive Electronic Components Market?

Original price was: USD 4,750.Current price is: USD 2,850.

Want to customize this report? Our industry specialist will collaborate with you to deliver tailored data within a limited timeframe.
Scroll to Top

Request Free Sample Report

Global Active and Passive Electronic Components Market Size and Share Analysis 2023-2028

Please fill out our form and we will get back to you.


Global Active and Passive Electronic Components Market Size and Share Analysis 2023-2028

Please fill out our form and we will get back to you.