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Global Passive Component Market to Grow at a CAGR of 3.61% over the Period 2014-2019 include new market research report"Global Passive Component Market 2015-2019 " to its huge collection of research reports.


Albany, NY -- (SBWIRE) -- 07/28/2015 -- About Passive Components

A passive component is a module that does not require an external source of energy to perform its function. Capacitors, inductors, and resistors are major passive components. They are used to regulate the intensity or voltage of current in a circuit. Passive components are used for various purposes in industrial and medical fields. They are used in medical equipment because of their precision and reliability. They are also commonly used in converters, SMPS, computing servers, LED lighting, and industrial automation.

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Technavio's analysts forecast the global passive component market to grow at a CAGR of 3.61% over the period 2014-2019.

Covered in this Report
This report covers the present scenario and the growth prospects of the global passive component market for the period 2015-2019. To calculate the market size, the report covers the revenue generated from three product segments: capacitors, inductors, and resistors.

Technavio's report, Global Passive Component Market 2015-2019, has been prepared based on an in-depth market analysis with inputs from industry experts. It presents the vendor landscape and a corresponding detailed analysis of the major vendors in the market. In addition, it discusses the major drivers that influence the growth of the market. It also outlines the challenges faced by vendors and the market at large, as well as the key trends emerging in the market.

Key Geographies

Key Vendors
Murata Manufacturing
Samsung Electro-Mechanics
Taiyo Yuden

Other Prominent Vendors
FENGHUA (H.K.) Electronics
Lelon Electronics
Nippon Chemi-Con
Vishay Intertechnology

Market Driver
Rise in Demand for Smartphones and Tablets
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Market Challenge
Lack of Product Differentiation
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Market Trend
High-temperature Capacitor Technology
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Key Questions Answered in this Report
What will the market size be in 2019 and what will the growth rate be?
What are the key market trends?
What is driving this market?
What are the challenges to market growth?
Who are the key vendors in this market space?
What are the market opportunities and threats faced by the key vendors?
What are the strengths and weaknesses of the key vendors?

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Mr. Nachiket Ghumare, 518-621-2074
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