The Latin America, Middle East and Africa Through-hole Passive Components Market would witness market growth of 7.7% CAGR during the forecast period (2022-2028).
Circuit boards are another important product in which through-hole passive components are used. These components enable the board to perform functions like power stability, conversion, and circuit configuration, which are vital for an electronic gadget's proper functioning, for example, the use of capacitors in most of the necessary home appliances. Therefore, with the increasing manufacture of home appliances, consumer electronic goods, and other industrial digital devices, the demand for through-hole passive components is bound to grow.
Additionally, the growing adoption of smart grids across the world is influencing growth in the through-hole passive components market as well. Capacitors, transformers, resistors, and inductors are some of the components present in smart grids. Along with these, the features of remote control abilities and digital communication that are achieved with the application of PCBs also propel the demand for passive components.
Furthermore, smart meters, a smart grid’s necessary component, can improve reliability, security, and efficiency. These meters include an array of components that facilitates communication between the remote center and the location of the customer. Therefore, the through-hole passive components market is estimated to rise substantially during the forecast period because of the numerous governments’ increasing smart grid initiatives as well as installations of smart meters.
In Latin America, the rising disposable incomes of people are influencing purchasing capacities, as a result of which, growth in industries like consumer electronics, automobiles, and gadgets is being witnessed. It is estimated that the sales of consumer electronics and appliances like air conditioning units, TVs, computers, and refrigerators will grow immensely in the coming years. Similar growth was witnessed across the electric vehicle sector, sales of which approximately doubled in the last year. The most preferred electric vehicles were plug-in hybrids and hybrids. Additionally, the growing trend of video games significantly influenced the sales of devices like gaming consoles across the region.
The Brazil market dominated the LAMEA Through-hole Passive Components Market by Country in 2021; thereby, achieving a market value of $790.4 million by 2028. The Argentina market is showcasing a CAGR of 8.3% during (2022 - 2028). Additionally, The UAE market would register a CAGR of 7.5% during (2022 - 2028).
Based on Leads Model, the market is segmented into Axial and Radial. Based on Application, the market is segmented into Consumer Electronics, Automotive, Industrial, IT & Telecom, Aerospace & Defense, Healthcare & Life Sciences and Others. Based on Component, the market is segmented into Capacitors, Resistors, Inductors, Sensors, Diodes, Transducers and Others. Based on countries, the market is segmented into Brazil, Argentina, UAE, Saudi Arabia, South Africa, Nigeria, and Rest of LAMEA.
Free Valuable Insights: The Worldwide Through-hole Passive Components Market is Projected to reach USD 50.3 Billion by 2028, at a CAGR of 5.9%
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include Vishay Intertechnology, Inc., Yageo Corporation, Murata Manufacturing Co., Ltd., KYOCERA AVX Components Corporation (Kyocera Corporation), Panasonic Corporation, Bourns, Inc., TDK Corporation, TE Connectivity and Microchip Technology, Inc.
Scope of the Study
Market Segments Covered in the Report:
By Leads Model
By Application
- Consumer Electronics
- Automotive
- Industrial
- IT & Telecom
- Aerospace & Defense
- Healthcare & Life Sciences
- Others
By Component
- Capacitors
- Resistors
- Inductors
- Sensors
- Diodes
- Transducers
- Others
By Country
- Brazil
- Argentina
- UAE
- Saudi Arabia
- South Africa
- Nigeria
- Rest of LAMEA
Key Market Players
List of Companies Profiled in the Report:
- Vishay Intertechnology, Inc
- Yageo Corporation
- Murata Manufacturing Co., Ltd.
- KYOCERA AVX Components Corporation (Kyocera Corporation)
- Panasonic Corporation
- Bourns, Inc.
- TDK Corporation
- TE Connectivity
- Microchip Technology, Inc.
TABLE 1 LAMEA Through-hole Passive Components Market, 2018 - 2021, USD Million
TABLE 2 LAMEA Through-hole Passive Components Market, 2022 - 2028, USD Million
TABLE 3 LAMEA Through-hole Passive Components Market by Leads Model, 2018 - 2021, USD Million
TABLE 4 LAMEA Through-hole Passive Components Market by Leads Model, 2022 - 2028, USD Million
TABLE 5 LAMEA Axial Market by Country, 2018 - 2021, USD Million
TABLE 6 LAMEA Axial Market by Country, 2022 - 2028, USD Million
TABLE 7 LAMEA Radial Market by Country, 2018 - 2021, USD Million
TABLE 8 LAMEA Radial Market by Country, 2022 - 2028, USD Million
TABLE 9 LAMEA Through-hole Passive Components Market by Application, 2018 - 2021, USD Million
TABLE 10 LAMEA Through-hole Passive Components Market by Application, 2022 - 2028, USD Million
TABLE 11 LAMEA Consumer Electronics Market by Country, 2018 - 2021, USD Million
TABLE 12 LAMEA Consumer Electronics Market by Country, 2022 - 2028, USD Million
TABLE 13 LAMEA Automotive Market by Country, 2018 - 2021, USD Million
TABLE 14 LAMEA Automotive Market by Country, 2022 - 2028, USD Million
TABLE 15 LAMEA Industrial Market by Country, 2018 - 2021, USD Million
TABLE 16 LAMEA Industrial Market by Country, 2022 - 2028, USD Million
TABLE 17 LAMEA IT & Telecom Market by Country, 2018 - 2021, USD Million
TABLE 18 LAMEA IT & Telecom Market by Country, 2022 - 2028, USD Million
TABLE 19 LAMEA Aerospace & Defense Market by Country, 2018 - 2021, USD Million
TABLE 20 LAMEA Aerospace & Defense Market by Country, 2022 - 2028, USD Million
TABLE 21 LAMEA Healthcare & Life Sciences Market by Country, 2018 - 2021, USD Million
TABLE 22 LAMEA Healthcare & Life Sciences Market by Country, 2022 - 2028, USD Million
TABLE 23 LAMEA Other Application Market by Country, 2018 - 2021, USD Million
TABLE 24 LAMEA Other Application Market by Country, 2022 - 2028, USD Million
TABLE 25 LAMEA Through-hole Passive Components Market by Component, 2018 - 2021, USD Million
TABLE 26 LAMEA Through-hole Passive Components Market by Component, 2022 - 2028, USD Million
TABLE 27 LAMEA Capacitors Market by Country, 2018 - 2021, USD Million
TABLE 28 LAMEA Capacitors Market by Country, 2022 - 2028, USD Million
TABLE 29 LAMEA Resistors Market by Country, 2018 - 2021, USD Million
TABLE 30 LAMEA Resistors Market by Country, 2022 - 2028, USD Million
TABLE 31 LAMEA Inductors Market by Country, 2018 - 2021, USD Million
TABLE 32 LAMEA Inductors Market by Country, 2022 - 2028, USD Million
TABLE 33 LAMEA Sensors Market by Country, 2018 - 2021, USD Million
TABLE 34 LAMEA Sensors Market by Country, 2022 - 2028, USD Million
TABLE 35 LAMEA Diodes Market by Country, 2018 - 2021, USD Million
TABLE 36 LAMEA Diodes Market by Country, 2022 - 2028, USD Million
TABLE 37 LAMEA Transducers Market by Country, 2018 - 2021, USD Million
TABLE 38 LAMEA Transducers Market by Country, 2022 - 2028, USD Million
TABLE 39 LAMEA Others Market by Country, 2018 - 2021, USD Million
TABLE 40 LAMEA Others Market by Country, 2022 - 2028, USD Million
TABLE 41 LAMEA Through-hole Passive Components Market by Country, 2018 - 2021, USD Million
TABLE 42 LAMEA Through-hole Passive Components Market by Country, 2022 - 2028, USD Million
TABLE 43 Brazil Through-hole Passive Components Market, 2018 - 2021, USD Million
TABLE 44 Brazil Through-hole Passive Components Market, 2022 - 2028, USD Million
TABLE 45 Brazil Through-hole Passive Components Market by Leads Model, 2018 - 2021, USD Million
TABLE 46 Brazil Through-hole Passive Components Market by Leads Model, 2022 - 2028, USD Million
TABLE 47 Brazil Through-hole Passive Components Market by Application, 2018 - 2021, USD Million
TABLE 48 Brazil Through-hole Passive Components Market by Application, 2022 - 2028, USD Million
TABLE 49 Brazil Through-hole Passive Components Market by Component, 2018 - 2021, USD Million
TABLE 50 Brazil Through-hole Passive Components Market by Component, 2022 - 2028, USD Million
TABLE 51 Argentina Through-hole Passive Components Market, 2018 - 2021, USD Million
TABLE 52 Argentina Through-hole Passive Components Market, 2022 - 2028, USD Million
TABLE 53 Argentina Through-hole Passive Components Market by Leads Model, 2018 - 2021, USD Million
TABLE 54 Argentina Through-hole Passive Components Market by Leads Model, 2022 - 2028, USD Million
TABLE 55 Argentina Through-hole Passive Components Market by Application, 2018 - 2021, USD Million
TABLE 56 Argentina Through-hole Passive Components Market by Application, 2022 - 2028, USD Million
TABLE 57 Argentina Through-hole Passive Components Market by Component, 2018 - 2021, USD Million
TABLE 58 Argentina Through-hole Passive Components Market by Component, 2022 - 2028, USD Million
TABLE 59 UAE Through-hole Passive Components Market, 2018 - 2021, USD Million
TABLE 60 UAE Through-hole Passive Components Market, 2022 - 2028, USD Million
TABLE 61 UAE Through-hole Passive Components Market by Leads Model, 2018 - 2021, USD Million
TABLE 62 UAE Through-hole Passive Components Market by Leads Model, 2022 - 2028, USD Million
TABLE 63 UAE Through-hole Passive Components Market by Application, 2018 - 2021, USD Million
TABLE 64 UAE Through-hole Passive Components Market by Application, 2022 - 2028, USD Million
TABLE 65 UAE Through-hole Passive Components Market by Component, 2018 - 2021, USD Million
TABLE 66 UAE Through-hole Passive Components Market by Component, 2022 - 2028, USD Million
TABLE 67 Saudi Arabia Through-hole Passive Components Market, 2018 - 2021, USD Million
TABLE 68 Saudi Arabia Through-hole Passive Components Market, 2022 - 2028, USD Million
TABLE 69 Saudi Arabia Through-hole Passive Components Market by Leads Model, 2018 - 2021, USD Million
TABLE 70 Saudi Arabia Through-hole Passive Components Market by Leads Model, 2022 - 2028, USD Million
TABLE 71 Saudi Arabia Through-hole Passive Components Market by Application, 2018 - 2021, USD Million
TABLE 72 Saudi Arabia Through-hole Passive Components Market by Application, 2022 - 2028, USD Million
TABLE 73 Saudi Arabia Through-hole Passive Components Market by Component, 2018 - 2021, USD Million
TABLE 74 Saudi Arabia Through-hole Passive Components Market by Component, 2022 - 2028, USD Million
TABLE 75 South Africa Through-hole Passive Components Market, 2018 - 2021, USD Million
TABLE 76 South Africa Through-hole Passive Components Market, 2022 - 2028, USD Million
TABLE 77 South Africa Through-hole Passive Components Market by Leads Model, 2018 - 2021, USD Million
TABLE 78 South Africa Through-hole Passive Components Market by Leads Model, 2022 - 2028, USD Million
TABLE 79 South Africa Through-hole Passive Components Market by Application, 2018 - 2021, USD Million
TABLE 80 South Africa Through-hole Passive Components Market by Application, 2022 - 2028, USD Million
TABLE 81 South Africa Through-hole Passive Components Market by Component, 2018 - 2021, USD Million
TABLE 82 South Africa Through-hole Passive Components Market by Component, 2022 - 2028, USD Million
TABLE 83 Nigeria Through-hole Passive Components Market, 2018 - 2021, USD Million
TABLE 84 Nigeria Through-hole Passive Components Market, 2022 - 2028, USD Million
TABLE 85 Nigeria Through-hole Passive Components Market by Leads Model, 2018 - 2021, USD Million
TABLE 86 Nigeria Through-hole Passive Components Market by Leads Model, 2022 - 2028, USD Million
TABLE 87 Nigeria Through-hole Passive Components Market by Application, 2018 - 2021, USD Million
TABLE 88 Nigeria Through-hole Passive Components Market by Application, 2022 - 2028, USD Million
TABLE 89 Nigeria Through-hole Passive Components Market by Component, 2018 - 2021, USD Million
TABLE 90 Nigeria Through-hole Passive Components Market by Component, 2022 - 2028, USD Million
TABLE 91 Rest of LAMEA Through-hole Passive Components Market, 2018 - 2021, USD Million
TABLE 92 Rest of LAMEA Through-hole Passive Components Market, 2022 - 2028, USD Million
TABLE 93 Rest of LAMEA Through-hole Passive Components Market by Leads Model, 2018 - 2021, USD Million
TABLE 94 Rest of LAMEA Through-hole Passive Components Market by Leads Model, 2022 - 2028, USD Million
TABLE 95 Rest of LAMEA Through-hole Passive Components Market by Application, 2018 - 2021, USD Million
TABLE 96 Rest of LAMEA Through-hole Passive Components Market by Application, 2022 - 2028, USD Million
TABLE 97 Rest of LAMEA Through-hole Passive Components Market by Component, 2018 - 2021, USD Million
TABLE 98 Rest of LAMEA Through-hole Passive Components Market by Component, 2022 - 2028, USD Million
TABLE 99 Key Information – Panasonic Corporation
TABLE 100 Key information –TE Connectivity Ltd.
TABLE 101 Key information – TDK Corporation
TABLE 102 Key Information – Yageo Corporation
TABLE 103 Key Information – Microchip Technology, Inc.
TABLE 104 Key Information –Murata Manufacturing Co., Ltd.
TABLE 105 key Information – Vishay Intertechnology, Inc.
TABLE 106 Key Information – KYOCERA AVX Components Corporation
TABLE 107 Key Information – Bourns, Inc.
List of Figures
FIG 1 Methodology for the research
FIG 2 SWOT Analysis: Panasonic Corporation
FIG 3 SWOT Analysis: TE Connectivity Ltd.