United States General Electronic Component Market Overview, 2030

The U.S. electronic components market continues to demonstrate robust growth, underpinned by the nation's rapid digital transformation and increasing integration of advanced electronics across various industries. As an integral segment of the broader electronics industry, this market encompasses a wide array of components such as semiconductors, resistors, capacitors, connectors, and sensors, each serving critical roles in everything from consumer electronics and automotive systems to aerospace and industrial machinery. The scope of the market has expanded significantly with the rise of smart technologies, IoT, and the accelerating demand for energy efficient and compact devices. In particular, the proliferation of AI powered applications, edge computing, and 5G infrastructures is fueling a surge in component innovation and integration. Key trends reshaping the U.S. landscape include the growing adoption of silicon carbide (SiC) and gallium nitride (GaN) semiconductors, which offer higher efficiency and performance in high voltage applications. There is a noticeable shift towards miniaturization, leading to the development of smaller, yet more powerful, components. As environmental concerns mount, the push for sustainability is also driving interest in recyclable materials and components with lower energy consumption. Regionally, Silicon Valley remains the innovation hub, while states like Texas, Arizona, and North Carolina are emerging as strategic centers for electronics manufacturing, aided by favorable policies and a skilled workforce. Increasing federal investment in domestic chip manufacturing is aimed at reducing dependency on foreign supply chains, which were notably strained during recent global disruptions.

According to the research report ""US Electronic Component Market Overview, 2030,"" published by Bonafide Research, the US Electronic Component Market is anticipated to grow at more than 5.86% CAGR from 2025 to 2030. Major corporations like Intel, Texas Instruments, and Analog Devices dominate with their expansive portfolios and deep R&D capabilities, while a growing number of mid-sized firms and startups contribute to innovation with niche product developments and specialized solutions. Mergers and acquisitions remain prevalent, as companies seek to expand their technological capabilities and market share in a fast evolving environment. Collaboration between component manufacturers and end use industries is also intensifying, particularly in automotive electronics, healthcare technology, and industrial automation, where tailored solutions and real time responsiveness are crucial. On the regulatory front, the U.S. government plays an increasingly active role through legislation and strategic funding. The CHIPS and Science Act, for instance, is channelling billions of dollars toward strengthening domestic semiconductor production, creating a ripple effect across the broader components industry. Environmental regulations from agencies like the EPA are also pushing manufacturers toward greener production methods and compliance with hazardous substance restrictions. Demand drivers include surging consumption of smart devices, electrification of vehicles, and infrastructure upgrades that require resilient electronic systems. Supply chain vulnerabilities, especially those exposed during geopolitical conflicts and the COVID 19 pandemic, continue to impact lead times and inventory levels. The sector faces a persistent shortage of skilled labor and rising raw material costs, both of which could hamper production scalability. The U.S. electronic components market is projected to maintain upward momentum, fueled by continuous technological breakthroughs and supportive policy frameworks that encourage both innovation and resilience.

Active components such as transistors, integrated circuits (ICs), and diodes are crucial for signal processing, amplification, and control functions. These components are powered externally and are central to the logic and intelligence within electronic systems. With the surge in demand for high speed data processing and AI capabilities, active components are evolving rapidly, particularly in terms of miniaturization and power efficiency. They are heavily used in smartphones, autonomous vehicles, and computing infrastructure, making them the most technologically dynamic segment. Passive components, including resistors, capacitors, and inductors, may not be as high profile but are equally essential. These components work silently behind the scenes, managing power flow, filtering signals, and stabilizing circuits. Their role becomes especially critical in precision applications like medical devices and aerospace systems where signal integrity and noise suppression are key. Electromechanical components, which include switches, relays, connectors, and motors, bridge the gap between electrical input and mechanical movement. These parts are vital for physical interface operations think of sensors in industrial robots or switches in aircraft control systems. With the growth of Industry 4.0 and automation, these components are increasingly used in applications that demand precision motion control and reliable connectivity. In the U.S., this segment is witnessing renewed investment, especially in electric vehicles and smart manufacturing systems where mechanical electrical integration is vital.

At the forefront is electronics manufacturing, a broad umbrella that encompasses the production of computing hardware, smart devices, and embedded systems. This sector is responsible for the bulk of component demand, sourcing everything from semiconductors to connectors, as it churns out millions of consumer and industrial products annually. The consumer electronics industry continues to be a powerhouse of innovation and volume. From smartphones and laptops to wearables and smart home devices, this sector relies heavily on advanced integrated circuits, transistors, and microcontrollers. Electronic components such as RF ICs, signal amplifiers, antennas, and diodes are central to enabling high speed, low latency networks. This segment's growth is also tied to cloud expansion and data center development, further boosting the need for high performance components. The automotive industry, particularly the electric vehicle (EV) segment, is another critical driver. Modern vehicles rely on a vast network of sensors, ICs, power modules, and connectors to manage everything from infotainment systems to autonomous driving technologies. With the U.S. aiming to transition more aggressively to EVs, demand for automotive grade electronics is surging. Industrial machinery applications such as robotics, CNC systems, and factory automation heavily utilize electromechanical parts, including motors and relays. The push toward smart factories and real time monitoring is adding complexity and sophistication to component requirements. Healthcare presents a highly specialized but growing demand for electronic components. Devices used in diagnostics, patient monitoring, and imaging need high reliability ICs, antennas, and custom connectors that meet stringent regulatory and safety standards. In aerospace and defense, ruggedness and reliability are paramount. Components must perform in extreme conditions, so high quality relays, switches, and radiation hardened ICs are commonly used. Other sectors like building automation, lighting, and educational tools represent smaller but consistent contributors to overall market activity.

OEMs are the bedrock of the market, comprising companies that design, engineer, and build finished products embedded with electronic components. These include major players across consumer electronics, automotive, aerospace, and industrial automation. OEMs typically engage in long term supply contracts and strategic partnerships with component manufacturers, often dictating innovation trends through their design requirements. For instance, a tech OEM developing a new smartphone might drive advancements in battery management ICs or ultra compact capacitors. The OEM segment not only consumes the largest volume of components but also influences the technical roadmap for suppliers. The Aftermarket segment supports the maintenance, upgrade, and repair of products post sale. This includes service providers, repair shops, and independent resellers who source components for everything from vehicle part replacements to industrial machine refurbishments. The aftermarket plays a particularly crucial role in sectors where equipment lifespans are long and replacement costs are high, such as aerospace, industrial automation, and legacy healthcare devices. The rise of DIY electronics and maker communities has also given this segment a boost, especially in consumer and hobbyist spaces. The OEM market is generally more predictable and volume driven, the aftermarket is more fragmented but agile, capable of responding quickly to sudden demand spikes.

Considered in this report
• Historic Year: 2019
• Base year: 2024
• Estimated year: 2025
• Forecast year: 2030

Aspects covered in this report
• General Electronic Component Market with its value and forecast along with its segments
• Various drivers and challenges
• On-going trends and developments
• Top profiled companies
• Strategic recommendation

By Type
• Active Components
• Passive Components
• Electromechanical Components

By End-use Industry
• Electronics Manufacturing
• Consumer Electronics
• Telecommunications
• Automotive
• Industrial Machinery
• Healthcare
• Aerospace & Defense
• Others

By Sales channel
• OEMs
• Aftermarket Show more