High-Reliability Markets for Passive Components

Global passive electronic component markets are currently experiencing a significant amount of financial turbulence, a situation brought about by global economic stimulus programs and the continued impact of the pandemic on key materials and component segments of the high-tech economy. In short, 2021 revenue and volume numbers for capacitors, resistors, inductors and circuit protection components are reaching all-time highs.

A significant amount of these revenues are being converted into excess capacity, especially in areas of technological sophistication where the market needs more competition – areas such as high voltage, high frequency, high temperature and robust mechanical passive component designs.

Source: High-Reliability Markets for Passive Components | TTI, Inc.