Passive and Interconnecting Electronic Components Market Size, Share
The global passive and interconnecting electronic components market size was worth around USD 174.89 billion in 2023 and is predicted to grow to around USD 293.01 billion by 2033 with a compound annual growth rate (CAGR) of approximately 5.3% between 2023 and 2033. The significantly growing adoption of smartphones and laptops in developing countries such as India and China is estimated to drive global passive and interconnecting electronic components market growth over the forecast period.