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US EUROPE APAC Electronic Components Market

ID: MRFR/SEM/57645-CR
162 Pages
Aarti Dhapte
July 2025

US, EUROPE, APAC Electronic Components Market Research Report By Category (Active Electronic Components, Passive Electronic Components, Capacitors, Inductors, Electromechanical Components), By End-Use Vertical (Consumer, Electronics, Automotive, Aerospace and Defence, Industrial, Medical, Telecommunications, Utilities, Robotics, Others) and By Region (US, Europe and Asia Pacific) – Forecast Till 2035

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US EUROPE APAC Electronic Components Market Infographic
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Summary Table of Contents Segmentation Download PDF

US EUROPE APAC Electronic Components Market Summary

The global electronic components market is poised for substantial growth, projected to reach 600 USD Billion by 2035.

Key Market Trends & Highlights

US, EUROPE, APAC Electronic Components Key Trends and Highlights

  • The market valuation is expected to increase from 300 USD Billion in 2024 to 600 USD Billion by 2035.
  • A compound annual growth rate (CAGR) of 6.5 percent is anticipated from 2025 to 2035.
  • The expansion of the electronic components market indicates a robust demand across various sectors.
  • Growing adoption of advanced technologies due to increasing consumer electronics demand is a major market driver.

Market Size & Forecast

2024 Market Size 300 (USD Billion)
2035 Market Size 600 (USD Billion)
CAGR (2025 - 2035) 6.5%

Major Players

Apple Inc (US), Microsoft Corp (US), Amazon.com Inc (US), Alphabet Inc (US), Berkshire Hathaway Inc (US), Tesla Inc (US), Meta Platforms Inc (US), NVIDIA Corp (US), Samsung Electronics Co Ltd (KR), Tencent Holdings Ltd (CN)

US EUROPE APAC Electronic Components Market Trends

GROWING DEMAND FOR ROBOTS ACROSS THE INDUSTRY

The growing demand for robots across various industries presents a significant opportunity for the electronic components market, as robotics systems heavily rely on a wide range of Electronic Components to function efficiently. These include sensors, actuators, microcontrollers, power electronics, and communication modules—all essential for enabling automation, precision control, and real-time data processing. For example, in the automotive industry, companies like Tesla and BMW use industrial robots equipped with advanced vision sensors and AI-powered controllers for tasks such as welding, painting, and assembly.

These robots require high-performance Electronic Components to ensure accuracy, safety, and speed. Similarly, in the healthcare sector, surgical robots like the da Vinci system use high-precision actuators and control circuits to perform minimally invasive surgeries, showcasing the critical role of electronics in medical innovation. As industries worldwide continue to adopt robotics to enhance productivity, reduce labor costs, and improve quality, the demand for robust and efficient Electronic Components is set to rise sharply.

This trend offers manufacturers and suppliers in the components market a strong growth pathway, especially as robots become more intelligent, compact, and integrated into everyday operations across sectors like logistics, manufacturing, agriculture, and healthcare.

US EUROPE APAC Electronic Components Market Drivers

Growth of IoT Applications

The Global US, EUROPE, APAC Electronic Components Market Industry is experiencing a transformative phase due to the rapid growth of Internet of Things (IoT) applications. The integration of IoT in various sectors such as healthcare, manufacturing, and smart cities is creating a substantial demand for electronic components. These components are essential for connectivity, data processing, and automation. As industries increasingly adopt IoT solutions, the market is likely to witness a significant uptick in component requirements, further contributing to the overall market growth and enhancing its value in the global economy.

Emerging Markets and Global Expansion

The Global US, EUROPE, APAC Electronic Components Market Industry is witnessing growth driven by emerging markets and global expansion strategies. Countries in the APAC region, particularly China and India, are becoming significant players in the electronic components landscape. The increasing industrialization and urbanization in these regions are fostering a conducive environment for market growth. As companies seek to capitalize on these opportunities, the market is likely to experience heightened competition and innovation, further enhancing its global footprint and contributing to the projected market size of 600 USD Billion by 2035.

Advancements in Automotive Electronics

The Global US, EUROPE, APAC Electronic Components Market Industry is significantly influenced by advancements in automotive electronics. With the automotive sector increasingly integrating electronic components for enhanced safety, navigation, and entertainment systems, the market is poised for expansion. The transition towards electric vehicles and autonomous driving technologies necessitates sophisticated electronic components, which are expected to drive growth. As a result, the market could see a substantial increase in demand, aligning with the projected growth to 600 USD Billion by 2035, reflecting a compound annual growth rate of 6.5% from 2025 to 2035.

Rising Demand for Consumer Electronics

The Global US, EUROPE, APAC Electronic Components Market Industry experiences a robust growth trajectory driven by the increasing demand for consumer electronics. As households and individuals continue to adopt smart devices, the market is projected to reach 300 USD Billion in 2024. This surge is largely attributed to the proliferation of smartphones, tablets, and smart home devices, which require advanced electronic components for functionality. The shift towards more connected lifestyles indicates a sustained appetite for innovative consumer electronics, thereby propelling the market forward.

Increased Investment in Renewable Energy

The Global US, EUROPE, APAC Electronic Components Market Industry is also benefiting from increased investment in renewable energy technologies. As governments and corporations prioritize sustainability, the demand for electronic components used in solar panels, wind turbines, and energy storage systems is on the rise. This shift towards renewable energy sources not only supports environmental goals but also stimulates economic growth within the electronic components sector. The anticipated growth in this area is expected to contribute to the overall market expansion, aligning with the broader trends of energy transition and sustainability.

Market Segment Insights

US, EUROPE, APAC Electronic Components By Category Insights

These segments include Active Electronic Components and Passive Electronic Components. The Active Electronic Components segment dominated the  market in 2024, while the Passive Electronic Components is projected to be the fastest–growing segment during the forecast period.

Active components require an external source of power to operate in a circuit. An active component is an electronic component that supplies energy to a circuit. These components supply electrical energy to the circuit or provide power gain in the circuit. Active components, can amplify, can carry energy in one way or another, e.g. Integrated Circuit, battery, Diode etc. Active components make use of an external power source to add power to a system.

They use one electrical signal to control another and are required for the circuit to be considered "electronic" Technically, we don’t define circuits without active components as "electronics".

US, EUROPE, APAC Electronic Components By Application Insights

These include Consumer Electronics, Automotive, Aerospace and Defence, Industrial, Medical, Telecommunications, Utilities Robotics and Others. The Consumer Electronics  segment dominated the market in 2024, while the Robotics is projected to be the fastest–growing segment during the forecast period.

Passive electronic components absorb energy and do not require electrical power to operate. They are commonly used in various electronic devices, such as computers, home appliances, smartphones, and gaming consoles. It is projected that growing electronics miniaturization will propel market expansion. The market for electronic components is anticipated to experience growth over the course of the forecast period as a result of rising demand for advanced architecture in tablets, smartphones, and gaming devices as well as rising adoption of cutting-edge wafer-level packaging technologies in sensors and MEMS. In 2024, consumer electronics accounted for the largest market share. 

Smartphones, tablets, computers, printers, smart televisions, digital cameras, and camcorders are just a few examples of consumer electronics. A security lock, thermostat, fan controller, smart smoke detector, energy monitors, door and window sensors, and doorbell are a few examples of smart home appliances. These smart home appliances are widely used as intelligent security systems, and they are expected to experience rapid growth in the years to come. The market for electronic components is being driven by rising demand for highly efficient consumer electronics goods.

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Key Companies in the US EUROPE APAC Electronic Components Market market include

Future Outlook

US EUROPE APAC Electronic Components Market Future Outlook

The global electronic components market is projected to grow at a 5.00% CAGR from 2025 to 2035, driven by advancements in IoT, automotive electronics, and renewable energy technologies.

New opportunities lie in:

  • Invest in R&D for advanced semiconductor materials to enhance performance.
  • Develop smart components for IoT applications to capture emerging markets.
  • Leverage AI for predictive maintenance solutions in manufacturing processes.

By 2035, the electronic components market is expected to achieve substantial growth, reflecting evolving technological demands.

Market Segmentation

US, EUROPE, APAC Electronic Components Market By Category Outlook (USD BILLION, 2019-2035)

  • {""=>["Semiconductors\r\n\r\n\nDiodes\r\n\r\nRectifier Diode\r\nSchottky Diode\r\nZener Diode\r\nPhotodiode\r\nOthers\r\n\r\n\r\n\nTransistors\r\n\r\nComposite Transistors\r\nCompound Transistor\r\nDarlington Transistor\r\nField-Effect Transistor (FET)\r\nJFET (Junction Field-Effect Transistor)\r\nMOSFET (Metal Oxide Semiconductor FET)\r\nPhoto Transistor\r\nOthers\r\n\r\n\r\n\nIntegrated Circuit (IC)\r\n\r\nDigital ICs\r\nAnalog ICs\r\nMixed-Signal ICs\r\nOptoelectronics\r\nOthers"
  • "Diodes\r\n\r\nRectifier Diode\r\nSchottky Diode\r\nZener Diode\r\nPhotodiode\r\nOthers"
  • "Rectifier Diode"
  • "Schottky Diode"
  • "Zener Diode"
  • "Photodiode"
  • "Others"
  • "Transistors\r\n\r\nComposite Transistors\r\nCompound Transistor\r\nDarlington Transistor\r\nField-Effect Transistor (FET)\r\nJFET (Junction Field-Effect Transistor)\r\nMOSFET (Metal Oxide Semiconductor FET)\r\nPhoto Transistor\r\nOthers"
  • "Composite Transistors"
  • "Compound Transistor"
  • "Darlington Transistor"
  • "Field-Effect Transistor (FET)"
  • "JFET (Junction Field-Effect Transistor)"
  • "MOSFET (Metal Oxide Semiconductor FET)"
  • "Photo Transistor"
  • "Integrated Circuit (IC)\r\n\r\nDigital ICs\r\nAnalog ICs\r\nMixed-Signal ICs\r\nOptoelectronics\r\nOthers"
  • "Digital ICs"
  • "Analog ICs"
  • "Mixed-Signal ICs"
  • "Optoelectronics"
  • "Display Devices\r\n\r\nLiquid Crystal Displays (LCDs)\r\nLight Emitting Diodes (LEDs)\r\nOrganic LEDs"
  • "Liquid Crystal Displays (LCDs)"
  • "Light Emitting Diodes (LEDs)"
  • "Organic LEDs"
  • "Vacuum Tubes"
  • "Power Sources\r\n\r\nBatteries\r\nPhotovoltaic Cells"
  • "Batteries"
  • "Photovoltaic Cells"]}
  • {""=>["Diodes\r\n\r\nRectifier Diode\r\nSchottky Diode\r\nZener Diode\r\nPhotodiode\r\nOthers"
  • "Rectifier Diode"
  • "Schottky Diode"
  • "Zener Diode"
  • "Photodiode"
  • "Others"
  • "Transistors\r\n\r\nComposite Transistors\r\nCompound Transistor\r\nDarlington Transistor\r\nField-Effect Transistor (FET)\r\nJFET (Junction Field-Effect Transistor)\r\nMOSFET (Metal Oxide Semiconductor FET)\r\nPhoto Transistor\r\nOthers"
  • "Composite Transistors"
  • "Compound Transistor"
  • "Darlington Transistor"
  • "Field-Effect Transistor (FET)"
  • "JFET (Junction Field-Effect Transistor)"
  • "MOSFET (Metal Oxide Semiconductor FET)"
  • "Photo Transistor"
  • "Integrated Circuit (IC)\r\n\r\nDigital ICs\r\nAnalog ICs\r\nMixed-Signal ICs\r\nOptoelectronics\r\nOthers"
  • "Digital ICs"
  • "Analog ICs"
  • "Mixed-Signal ICs"
  • "Optoelectronics"]}
  • {""=>["Rectifier Diode"
  • "Schottky Diode"
  • "Zener Diode"
  • "Photodiode"
  • "Others"]}
  • {""=>["Composite Transistors"
  • "Compound Transistor"
  • "Darlington Transistor"
  • "Field-Effect Transistor (FET)"
  • "JFET (Junction Field-Effect Transistor)"
  • "MOSFET (Metal Oxide Semiconductor FET)"
  • "Photo Transistor"
  • "Others"]}
  • {""=>["Digital ICs"
  • "Analog ICs"
  • "Mixed-Signal ICs"
  • "Optoelectronics"
  • "Others"]}
  • {""=>["Liquid Crystal Displays (LCDs)"
  • "Light Emitting Diodes (LEDs)"
  • "Organic LEDs"]}
  • {""=>["Batteries"
  • "Photovoltaic Cells"]}
  • {""=>["Resistors\r\n\r\nFixed Value Resistors\r\nVariable Resistors\r\nNetwork Resistors\r\nWire Wound Resistors\r\nCarbon Film Resistors\r\nSurface-Mount Resistors\r\nOthers"
  • "Fixed Value Resistors"
  • "Variable Resistors"
  • "Network Resistors"
  • "Wire Wound Resistors"
  • "Carbon Film Resistors"
  • "Surface-Mount Resistors"
  • "Others"
  • "Capacitors\r\n\r\nPolarized Capacitors\r\nElectrolytic Capacitors\r\nTantalum Capacitors\r\nNon-Polarized Capacitors\r\nCeramic Capacitors\r\nPolyester Capacitors\r\nPaper Capacitors"
  • "Polarized Capacitors"
  • "Electrolytic Capacitors"
  • "Tantalum Capacitors"
  • "Non-Polarized Capacitors"
  • "Ceramic Capacitors"
  • "Polyester Capacitors"
  • "Paper Capacitors"
  • "Inductors\r\n\r\nIron Core Inductors\r\nAir Cored Inductors\r\nVariable Inductors\r\nAudio Frequency Inductors\r\nRadio Frequency Inductors\r\nPowdered Iron Core Inductors"
  • "Iron Core Inductors"
  • "Air Cored Inductors"
  • "Variable Inductors"
  • "Audio Frequency Inductors"
  • "Radio Frequency Inductors"
  • "Powdered Iron Core Inductors"
  • "Electromechanical Components\r\n\r\nRelays\r\nSolenoids & Actuators\r\nSwitches\r\nEncoders\r\nMotors & Drives\r\nOthers"
  • "Relays"
  • "Solenoids & Actuators"
  • "Switches"
  • "Encoders"
  • "Motors & Drives"]}
  • {""=>["Fixed Value Resistors"
  • "Variable Resistors"
  • "Network Resistors"
  • "Wire Wound Resistors"
  • "Carbon Film Resistors"
  • "Surface-Mount Resistors"
  • "Others"]}
  • {""=>["Polarized Capacitors"
  • "Electrolytic Capacitors"
  • "Tantalum Capacitors"
  • "Non-Polarized Capacitors"
  • "Ceramic Capacitors"
  • "Polyester Capacitors"
  • "Paper Capacitors"]}
  • {""=>["Iron Core Inductors"
  • "Air Cored Inductors"
  • "Variable Inductors"
  • "Audio Frequency Inductors"
  • "Radio Frequency Inductors"
  • "Powdered Iron Core Inductors"]}
  • {""=>["Relays"
  • "Solenoids & Actuators"
  • "Switches"
  • "Encoders"
  • "Motors & Drives"
  • "Others"]}

US, EUROPE, APAC Electronic Components Market By End-Use Vertical Outlook (USD BILLION, 2019-2035)

  • Consumer Electronics
  • Automotive
  • Aerospace and Defence
  • Industrial
  • Medical
  • Telecommunications
  • Utilities
  • Robotics
  • Others

Report Scope

Report Attribute/MetricDetails
Market Size 2024USD 225.77 BILLION
Market Size 2025USD 235.97 BILLION
Market Size 2035USD 384.23 BILLION
Compound Annual Growth Rate (CAGR)5.0% (2025-2035)
Base Year2024
Market Forecast Period2025-2035
Historical Data2019- 2023
Market Forecast UnitsValue (USD BILLION)
Report CoverageRevenue Forecast, Market Competitive Landscape, Growth Factors, and Trends
Segments CoveredBy Category, By End-Use Vertical
Geographies CoveredUS, Europe and Asia Pacific.
Countries CoveredThe East Europe, Bulgaria,  Hungary, Poland, Romania, Russia, Slovakia, Czech Republic, Rest of East Europe, West Europe, Belgium, France, Germany, Netherlands, Austria, Luxembourg, Rest of West Europe, Northern Europe, Finland, UK, Ireland, Norway, Sweden, Denmark, Rest of Northern Europe, Southern Europe, Spain, Turkey, Portugal, Greece, Italy, Croatia, Rest of Southern Europe, China, India, Japan, South Korea, Malaysia, Taiwan, Singapore, Rest of APAC
Key Companies ProfiledTexas Instruments Incorporated, Broadcom Inc, Infineon Technologies Ag, NXP Semiconductors, Renesas Electronics Corporation, STMICROELECTRONIC Nv, Microchip Technology Inc., Silicon Laboratories, Panasonic Industrial, Nordic Semiconductor, Murata Manufacturing Co. Ltd,  Sagami Elec Co., Ltd, EREMU, Sa,  Koa Corporation, TDK Corporation, Vishay INTERTECHNOLOGY, Inc,  Agile Magnetics, Inc., Glen Magnetics, Samsung Electro-Mechanics, Nippon Chemi-Con Corporation.,  Broadcom Inc, Infineon Technologies Ag, STMICROELECTRONICS Nv,  Microchip Technology Inc, Microchip Technology Inc, Samsung Electro-Mechanics, Samsung Electro-Mechanics,  Nippon Chemi-Con Corporation., TDK Corporation, Vishay INTERTECHNOLOGY, Inc, Agile Magnetics, Inc., Murata Manufacturing Co. Ltd, among others
Key Market OpportunitiesTechnological Advancements And Innovation, Rise Of Renewable Energy Solution
Key Market DynamicsIncreasing Development And Expansion Of IOT Devices, Technological Advancements And Innovation

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FAQs

How much is the US, EUROPE, APAC Electronic Components Market?

The US, EUROPE, APAC Electronic Components Market size is expected to be valued at USD 384.23 BILLION in 2035.

What is the growth rate of the US, EUROPE, APAC Electronic Components Market?

The market is projected to grow at a CAGR of 5.0% during the forecast period, 2024-2035.

Which region held the largest market share in the US, EUROPE, APAC Electronic Components Market?

APAC had the largest share of the market.

Who are the key players in the US, EUROPE, APAC Electronic Components Market?

The key players in the market are Astec Industries Texas Instruments Incorporated, Broadcom Inc, Infineon Technologies Ag , NXP Semiconductors ,Renesas Electronics Corporation, STMICROELECTRONIC Nv ,Microchip Technology Inc. , Silicon Laboratories , Panasonic Industrial , Nordic Semiconductor , Murata Manufacturing Co. Ltd , Sagami Elec Co., Ltd, EREMU, Sa , Koa Corporation , TDK Corporation , Vishay INTERTECHNOLOGY, Inc , Agile Magnetics, Inc. , Glen Magnetics , Samsung Electro-Mechanics , Nippon Chemi-Con Corporation. , Broadcom Inc, , Infineon Technologies Ag , STMICROELECTRONICS Nv , Microchip Technology Inc, Microchip Technology Inc , Samsung Electro-Mechanics , Samsung Electro-Mechanics , Nippon Chemi-Con Corporation., TDK Corporation , Vishay INTERTECHNOLOGY, Inc , Agile Magnetics, Inc. , Murata Manufacturing Co. Ltd , among others.

Which By End-Use Vertical led the US, EUROPE, APAC Electronic Components Market?

Consumer Electronics dominated the market in 2024.

Which By Category had the largest market share in the US, EUROPE, APAC Electronic Components Market?

Active Electronic Components segment had the largest revenue share of the market.

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