Electronic components which are passive have become more important in today’s electronic devices due to their capability of storing energy, filtering, regulating voltage, and protecting circuits. Devices like capacitors, inductors, resistors, and resettable fuses have become very important in consumer electronics, automotive industry, industrial automation, telecommunication, renewable energy systems, and aerospace technology. There is an increasing need for miniaturization, high performance, and thermal stability in electronic devices, which has increased interest in passive component development globally.
The global Passive Electronic Components Market size was valued at USD 40.28 Billion in 2025 and is projected to reach USD 65.73 Billion by 2035, growing at a CAGR of 5.02% during the forecast period 2026–2035. Growth is primarily driven by increasing adoption of electric vehicles, rapid expansion of 5G infrastructure, rising deployment of AI-enabled hardware systems, and growing investments in renewable energy and industrial automation. The ongoing transition toward compact, high-density electronic circuit architectures is further increasing the demand for advanced capacitors, inductors, and other passive components with improved reliability and energy efficiency.
Key Players:
The leading firms active in the Passive Electronic Components Market consist of Murata Manufacturing Co., Ltd., TDK Corporation, Vishay Intertechnology, Inc., Yageo Corporation, Samsung Electro-Mechanics, Taiyo Yuden Co., Ltd., KYOCERA AVX Components Corporation, KEMET Corporation (Yageo Group), Walsin Technology Corporation, Panasonic Industry Co., Ltd., Nippon Chemi-Con Corporation, Nichicon Corporation, Rubycon Corporation, Eaton Corporation plc, TE Connectivity Ltd., Coilcraft, Inc., Bourns, Inc., AVX Corporation, Johanson Technology, Inc., and Delta Electronics, Inc.
Strategic Developments & Industry Innovations
February 2026 -- Bourns, Inc., a manufacturer of electronic components, announced the MF2603 and MF-LSMF series for higher power/voltage applications available in a space-saving surface-mount package. The new, enhanced devices provide better overcurrent response, the ability to reset automatically after an overcurrent event and improved reliability in telecom and industrial electronics applications.
Earlier in April 2026, the KYOCERA AVX Components Corporation had expanded its Military-Qualified BME NP0 MLCC product offering which has received approval by the Defense Logistics Agency for aerospace and defense applications compliant with MIL-PRF-32535. These capacitors promote greater miniaturization, reliability and PCB performance for next-generation military and satellite systems.
To bolster its AI packaging strengths, Samsung Electro-Mechanics founded a new MLCC embedded substrate production line in Vietnam to bolster its AI packaging capabilities back in April 2026. The expansion comes in line with demand by the increasing consumer base for high-speed AI chips, semiconductor packaging and high-density computing systems.
The Following Are the Leading Companies in the Global Passive Electronic Components Industry:
Murata Manufacturing Co., Ltd.: Driving Innovation in Miniaturized Passive Components
Murata Manufacturing Co., Ltd. remains the leading company within passive components space due to its early global expansion in multilayer ceramic capacitors (MLCC), sensors, and communication modules that cater urban environment. The company specializes in miniaturization, energy density and reliability for automotive, industrial and consumer electronics applications.
Announced seven automotive MLCCs with the highest capacitance of their respective countermeasures in commercial production as of April 2026. These ADAS and autonomous driving technology components maximize First-Pass Yield (FPY) for easily making high-efficiency low-noise power supply by saving up to 61% PCB real estate along with the stability of power supply.
TDK Corporation: Advancing High-Performance Inductor Technologies
TDK Corporation is a leading developer of inductors, capacitors, and magnetic devices for future high-end electronic systems. They focus on energy-efficient, compact and highly reliable devices; typically used now in automotive and industrial.
TDK's TFM201612BLEA is a new series of thin-film power inductors rated for 5.6 A and over 96% efficiencyJul 21, 2025 - In July, TDK expanded its newest line of higher-rated current levels within the TFM201612BLEA series of ultra-thin, laminated power inductors up to 5.6 A with greater than 96% efficiency in low-profile applications. These inductors optimize performance for EV and ADAS power circuits with lower DCR and reliable operation at harsh environments up to +150°C.
Samsung Electro-Mechanics: Advancing AI Packaging and Embedded Component Solutions
Samsung Electro-Mechanics is one of the world leaders in manufacturing multi-layered ceramic capacitors, semiconductor substrates, camera modules, and other electronic devices. It has a prominent position when it comes to developing AI hardware systems, phones, cars, and other products requiring high density computation.
Samsung Electro-Mechanics keeps investing into new developments related to MLCCs, embedded substrates, and semiconductor packaging in order to meet the increasing demands for small-size yet highly efficient and reliable passive components globally.
Future Outlook of the Passive Electronic Components Market
An extremely long-term growth in Passive Electronic Components Market is projected because of the rising acceptance and use of electric vehicles, renewable energy systems, AI-powered devices, industrial automation and communication infrastructure 5G. The increasing demand for miniaturized, low power loss, and thermally stable electronic systems is driving the need of high performance capacitors, inductors, resistors and embedded passive technologies.
This innovation is led by new technologies for miniaturized components, automotive-grade passive solutions, and advanced semiconductor packaging systems (e.g. Murata Manufacturing Co., Ltd.; TDK Corporation; SamsungHorizon). While passive electronic components have remained essential to enable system reliability, power efficiency and next-generation electronic performance globally as industries continue their investments in 5G infrastructure, AI computing, EV platforms and smart manufacturing.
