Irving, Texas (PRWEB) May 10, 2013
The global passive component industry was fragmented in 2012 with the top 10 players accounting for just over half of the overall market. A significant change occurred in the competitive landscape as Taiyo Yuden Company entered the top five list in 2012. The Asia Pacific (APAC) region experienced the highest growth rate during 2007-2012 due to steady economic growth and increasing penetration of new technologies.
Lucintel, a leading global management consulting and market research firm, has conducted a competitive analysis of the industry and presents its findings in “Global Passive Component Industry 2013-2018: Trend, Profit, and Forecast Analysis.” The competitive rivalry in the global passive component industry is high because of the large number of players and low product differentiation.
Lucintel's report provides an overview of the industry’s challenges. Changing technology in electronics product manufacturing and decreasing demand for conventional electronic devices are major hurdles for this industry. The already challenging situation has been compounded by the economic crisis. Sovereign debt crisis in Europe and a shortage of raw materials due to natural disasters in Japan and Thailand also affected the growth of this industry in recent years.
The study also highlights the growth drivers. The global passive component industry is mainly driven by the demand for smaller, cheaper, and higher quality parts along with better performance. Increasing demand for small and compact electronic devices with enhanced features is also another key driver in the industry. Consumers are increasingly using PCs, notebooks, ultrabook, smartphones, and other consumer electronics. The demand for electronic products that meets the basic requirements of day-to-day life helps drive the industry.
This market report is an indispensable reference guide for PC, mobile phone, ultrabook, and smartphone manufacturers, retailers of such electronics products, investors, executives, distributors, and many more that operate in this market. To make business, investment, and strategic decisions, timely, useful information is needed, which is fulfilled by this market report.
For a detailed table of contents and pricing information on this timely, insightful report, contact
Lucintel at +1-972-636-5056 or via email at helpdesk(at)lucintel(dot)com. Lucintel’s Opportunity Screening, Growth challenges and Business Strategy Consulting services have supported decision makers in achieving their growth objectives.