PUBLISHER: Market Research Future | PRODUCT CODE: 1823748
PUBLISHER: Market Research Future | PRODUCT CODE: 1823748
Global Interconnects and Passive Components Market Research Report by Product Type [Interconnects, Passive Components, Electromechanical Components (Emech)], by Technology [Optical Interconnects, Wireless Interconnects, High-Speed Connectors (USB, HDMI, etc.), 5G and Telecom Infrastructure, Surface Mount Technology (SMT) Components, MEMS-based Components (Micro-Electromechanical Systems), Smart Electromechanical Systems (IoT-enabled), Microactuators Robotics Integration, Others], by End User (Automotive, Consumer Electronics, Telecommunications, Industrial Equipment Manufacturing, Medical Devices Healthcare, Aerospace Defense, IT Data Centers, Power Generation Distribution, Robotics, Energy Utilities, Others), and by Region (North America, Europe, Asia Pacific, South America, Middle East & Africa) Forecast till 2035
Industry Overview
The global interconnects and passive components market is expected to attain a valuation of USD 267,673.81 million, growing steadily at a 5.0% CAGR over the forecast period. Interconnects refer to the physical connections, like connectors, sockets, and circuit traces, that allow communication between electronic modules. Passive components, on the other hand, include devices such as resistors, capacitors, and inductors that manage energy without amplifying or producing it. These elements ensure stability, efficiency, and functionality in electronic systems.
One of the most powerful growth drivers for the global Interconnects and Passive Components Market is the general installation of the 5G network. This change in technology makes the use of components with high performance that are able to handle data transmissions of huge volumes, low latency, and wide network coverage a must. The application of smart cities, autonomous mobility, industrial IoT, and digital healthcare is intensively increasing the needs of advanced antennas, base stations, and connectors.
Major Company Development
The main changes at Samsung Electro-Mechanics made the company's strategy widely known to be based on innovation and partnerships. The firm presented its MLCC for cars in February 2025 and new power inductors in September 2024. By signing a contract with AMD for the development of advanced data center substrates in July 2024, the company has taken the step to consolidate its leadership in technology. Prior to that, in January 2022, Hanwha Solutions obtained part of Samsung's wireless module business, indicating a significant restructuring move.
Major competitors in the global interconnects and passive components market include KYOCERA Corporation, Murata Manufacturing Co., Ltd., Samsung Electro-Mechanics, TDK Corporation, TAIYO YUDEN, Molex Incorporated, Amphenol Corporation, Vishay Intertechnology Inc., TE Connectivity Corporation, and Hirose Electric Co.
Report Attribute Details
Industry Segmentations
The North American market is both mature and growing. The demand is mainly based on 5G, EVs, and advanced industrial systems. The FCC and DOE are among the government agencies that have a lead role in speeding up 5G rollouts and the EV sector. In 2024, North America sees strong performance, driven by the U.S. at USD 30.70 million alongside Canada's USD 3.80 million contribution.
Europe is said to be facing market growth that is heavily dependent on its far-reaching renewable energy programs and the vigor of its automotive industry. Just the car industry in Germany by itself is still creating great demand for high-quality parts used in advanced vehicles for a very long time to come. The European market highlights consistent demand, with the UK and France leading Germany in component consumption
Asia-Pacific is the most significant growth source, due to its consumer electronics manufacturing and IoT adoption, which are both globally dominant. China, Japan, South Korea, and Taiwan have a substantial presence in high-tech electronics, and increasing disposable incomes are the main drivers of local consumption. Asia-Pacific remains the growth leader, led by China's significant USD 34.11 million share, reinforced by Japan and India's rising demand.
Digital transformation across MEA is spurring demand for advanced interconnect and passive components. Saudi Arabia's investments in building ultra-fast networks and South Africa's electronics production capacity demonstrate the region's rising importance in global supply chains. Expansion across telecom and automotive segments supports further growth.
The South American market continues to grow steadily, with Brazil, Argentina, and Mexico leading investments in consumer electronics and telecom infrastructure. Brazil's digital economy initiatives and IoT promotion programs are creating strong demand for interconnect solutions. Rising smartphone penetration and energy-efficient technology adoption also contribute to expansion.