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    US Interconnects and Passive Components Market

    ID: MRFR/SEM/11619-HCR
    200 Pages
    Garvit Vyas
    October 2025

    US Interconnects and Passive Components Market Research Report By Component Type (Passive, Interconnects) - Forecast to 2035

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    US Interconnects and Passive Components Market Summary

    The United States Interconnects and Passive Components market is poised for substantial growth over the next decade.

    Key Market Trends & Highlights

    US Interconnects and Passive Components Key Trends and Highlights

    • The market is valued at 44.5 USD Billion in 2024 and is projected to reach 91.5 USD Billion by 2035.
    • The compound annual growth rate (CAGR) for the market is estimated at 6.77% from 2025 to 2035.
    • This growth trajectory indicates a robust demand for interconnects and passive components in various industries.
    • Growing adoption of advanced electronic devices due to increasing consumer electronics demand is a major market driver.

    Market Size & Forecast

    2024 Market Size 44.5 (USD Billion)
    2035 Market Size 91.5 (USD Billion)
    CAGR (2025-2035) 6.77%

    Major Players

    Hirose Electric, LCom, Rosenberger, KEMET, Amphenol, TE Connectivity, Yazaki, Vishay Intertechnology, Sumitomo Electric, Panasonic, Nexans, AVX Corporation, Molex, Premo

    US Interconnects and Passive Components Market Trends

    The US Interconnects and Passive Components Market is experiencing significant growth driven by the increasing demand for advanced electronic systems across various industries such as telecommunications, automotive, and consumer electronics. One of the key market drivers is the ongoing expansion of high-speed internet and 5G technologies, which require efficient interconnect solutions and passive components to support faster data transmission and reliability. This growing 5G infrastructure in the US, as highlighted by government initiatives, has necessitated improvements in materials and designs used in interconnects and passive components.

    Opportunities within the US market can be explored in areas like smart appliances and renewable energy systems.

    As the US shifts towards green technologies and smart grid solutions, there is a rising demand for reliable interconnect solutions that can withstand varying environmental conditions. Additionally, the trend towards miniaturization of electronic devices presents a ripe opportunity for manufacturers to develop smaller, more efficient passive components that cater to the needs of compact electronic devices. Recent trends show a shift towards increased customization and integration in the design of interconnects and passive components. US manufacturers are focusing on creating tailored solutions that meet the specific requirements of various applications, such as automotive electronics and telecommunications equipment.

    There is also an observed push towards using sustainable materials and eco-friendly manufacturing processes to align with the broader US commitment to environmental sustainability. This shift not only appeals to consumers but also helps companies comply with regulatory standards aimed at reducing environmental impact. As the market continues to evolve, advancements in technology and increasing demand for connectivity will further shape the landscape of the US Interconnects and Passive Components Market.

    Source: Primary Research, Secondary Research, MRFR Database and Analyst Review

    Market Segment Insights

    Interconnects and Passive Components Market Component Type Insights

    The US Interconnects and Passive Components Market demonstrates significant growth potential, driven by the increasing demand for advanced technologies across various industries. The market segmentation under the Component Type notably includes Passive components and Interconnects, both of which play critical roles in the functioning of electronic devices. Passive components consist of elements like capacitors, resistors, and inductors, which are vital for regulating electronic current and ensuring signal integrity. Their importance in applications such as consumer electronics, automotive systems, and telecommunications impacts the overall market landscape.

    On the other hand, Interconnects serve as essential connectors that enable communication between different electronic components. The rise of high-performance computing and data centers has propelled the need for efficient interconnect systems that can support faster data transmission and enhanced connectivity. Trends such as miniaturization and the surge in Internet of Things devices further emphasize the importance of these segments, as manufacturers seek to develop smaller, more efficient solutions without compromising performance.

    Additionally, innovation in material technology and the increasing integration of artificial intelligence across platforms are providing new opportunities within the US Interconnects and Passive Components Market, highlighting the dynamic nature of this sector. As industries continue to evolve and adapt to technological advancements, the significance of Passive components and Interconnects within the overall market structure is expected to grow, making them crucial elements for the future of electronics in the United States.

    Source: Primary Research, Secondary Research, MRFR Database and Analyst Review

    Get more detailed insights about US Interconnects and Passive Components Market Research Report - Forecast Till 2035

    Key Players and Competitive Insights

    The US Interconnects and Passive Components Market is characterized by a highly competitive landscape where innovation, quality, and market reach play crucial roles in defining the success of various players. This sector encompasses a wide array of products including connectors, capacitors, resistors, and other passive electronic components that are essential in a multitude of applications, from consumer electronics to industrial systems. Companies operating in this market strive to distinguish themselves through technological advancements, product reliability, and customer service while also navigating challenges such as fluctuating material costs and evolving regulatory requirements.

    The market is poised for growth, driven by the increasing demands for connectivity and automation across various industries, fostering a rivalry that encourages continual improvement and strategic collaborations.

    Hirose Electric has established a strong presence in the US Interconnects and Passive Components Market through its commitment to quality and innovation. Known for its high-performance connectors and interconnect solutions, Hirose Electric leverages advanced technology to meet the diverse needs of its customers across sectors including automotive, telecommunications, and industrial automation. The company's product offerings are distinguished by their reliability and precision, which are critical in applications requiring enhanced performance. Hirose Electric's strengths include an extensive range of specialized connectors and a robust network of partnerships, allowing for efficient distribution and support throughout the region.

    By focusing on local customer demands and investing in research and development, Hirose has successfully navigated market challenges and reinforced its position as a trusted supplier.LCom has made significant strides in the US Interconnects and Passive Components Market by providing a wide array of connectivity solutions and passive components designed for high-performance applications. The company specializes in products including RF connectors, cable assemblies, and antennas, serving various industries such as telecommunications, aerospace, and military applications.

    LCom’s strengths lie in its dedication to quality and the swift response to market needs, facilitated by its efficient supply chain management and manufacturing capabilities within the United States. Additionally, LCom's strategic focus on innovation is reflected in its commitment to newer technologies and sustainability. The company has pursued growth through mergers and acquisitions, enhancing its product portfolio and expanding its market reach, thereby solidifying its competitive status in the dynamic landscape of interconnects and passive components. Through these efforts, LCom aims to deliver reliable and advanced solutions that cater to the increasing demands of the market.

    Key Companies in the US Interconnects and Passive Components Market market include

    Industry Developments

    Recent developments in the US Interconnects and Passive Components Market include a growing emphasis on sustainability and the push towards electric vehicles, which have spurred demand for advanced interconnect solutions. Companies like Amphenol and Yazaki are investing heavily in enhancing their product lines to meet the increased requirements of electric and autonomous vehicle technologies. In September 2023, KEMET announced plans to expand its production capabilities to support the rising demand for capacitors in high-frequency applications tied to telecommunications and power electronics. Additionally, mergers and acquisitions have been a notable trend.

    In August 2023, TE Connectivity acquired a smaller firm specializing in automotive connectors to strengthen its market position in the evolving electric vehicle sector. Moreover, Vishay Intertechnology reported a strategic partnership with Panasonic to innovate new passive components aimed at enhancing energy efficiency. Growth in market valuation for companies such as Molex and Nexans indicates a robust recovery post-pandemic, supported by governmental infrastructure initiatives aimed at bolstering the semiconductor supply chain and expanding broadband access in rural areas. These developments collectively illustrate a dynamic landscape in the US Interconnects and Passive Components Market marked by adaptability and innovation.

    Market Segmentation

    Outlook

    • Passive
    • Interconnects

    Interconnects and Passive Components Market Component Type Outlook

    • Passive
    • Interconnects

    Report Scope

    Report Scope:
    Report Attribute/Metric Source: Details
    MARKET SIZE 2018 41.03(USD Billion)
    MARKET SIZE 2024 44.5(USD Billion)
    MARKET SIZE 2035 91.5(USD Billion)
    COMPOUND ANNUAL GROWTH RATE (CAGR) 6.773% (2025 - 2035)
    REPORT COVERAGE Revenue Forecast, Competitive Landscape, Growth Factors, and Trends
    BASE YEAR 2024
    MARKET FORECAST PERIOD 2025 - 2035
    HISTORICAL DATA 2019 - 2024
    MARKET FORECAST UNITS USD Billion
    KEY COMPANIES PROFILED Hirose Electric, LCom, Rosenberger, KEMET, Amphenol, TE Connectivity, Yazaki, Vishay Intertechnology, Sumitomo Electric, Panasonic, Nexans, AVX Corporation, Molex, Premo
    SEGMENTS COVERED Component Type
    KEY MARKET OPPORTUNITIES Growing demand for electric vehicles, Expansion of 5G infrastructure, Increasing IoT applications, Advancements in renewable energy, High-performance computing growth
    KEY MARKET DYNAMICS Technological advancements, Rising demand for automation, Growth in consumer electronics, Increasing electric vehicle adoption, Sustainability and eco-friendly components
    COUNTRIES COVERED US

    FAQs

    What is the expected market size of the US Interconnects and Passive Components Market in 2024?

    The expected market size of the US Interconnects and Passive Components Market in 2024 is 44.5 USD Billion.

    What will the market size be for the US Interconnects and Passive Components Market by 2035?

    By 2035, the US Interconnects and Passive Components Market is projected to reach 91.5 USD Billion.

    What is the anticipated compound annual growth rate (CAGR) for the market from 2025 to 2035?

    The anticipated CAGR for the US Interconnects and Passive Components Market from 2025 to 2035 is 6.773%.

    What are the values of the Passive segment in 2024 and 2035 within the market?

    The Passive segment is valued at 18.0 USD Billion in 2024 and is expected to reach 37.5 USD Billion by 2035.

    What are the values of the Interconnects segment in 2024 and 2035?

    The Interconnects segment is valued at 26.5 USD Billion in 2024 and is projected to reach 54.0 USD Billion by 2035.

    Who are the key players operating in the US Interconnects and Passive Components Market?

    Key players in the market include Hirose Electric, LCom, Rosenberger, KEMET, Amphenol, TE Connectivity, and several others.

    What key trends are currently shaping the US Interconnects and Passive Components Market?

    Emerging trends in the market include increasing demand for electronics and advancements in wireless technology.

    What are the main growth drivers for the US Interconnects and Passive Components Market?

    Main growth drivers include innovation in technology and rising consumer electronics demand in the market.

    How has the US Interconnects and Passive Components Market been impacted by global economic conditions?

    Current global economic conditions have introduced challenges such as supply chain disruptions and fluctuating material costs.

    What is the market growth rate for the passive components segment in the US Interconnects and Passive Components Market?

    The passive components segment is projected to experience substantial growth during the forecast period from 2025 to 2035.

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