Through-hole Passive Components

Global Through-hole Passive Components Market to Reach US$64.0 Billion by 2030

The global market for Through-hole Passive Components estimated at US$44.5 Billion in the year 2024, is expected to reach US$64.0 Billion by 2030, growing at a CAGR of 6.2% over the analysis period 2024-2030. Resistors, one of the segments analyzed in the report, is expected to record a 5.0% CAGR and reach US$15.6 Billion by the end of the analysis period. Growth in the Capacitors segment is estimated at 5.0% CAGR over the analysis period.

The U.S. Market is Estimated at US$11.7 Billion While China is Forecast to Grow at 6.2% CAGR

The Through-hole Passive Components market in the U.S. is estimated at US$11.7 Billion in the year 2024. China, the world`s second largest economy, is forecast to reach a projected market size of US$10.3 Billion by the year 2030 trailing a CAGR of 6.2% over the analysis period 2024-2030. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at a CAGR of 5.6% and 5.4% respectively over the analysis period. Within Europe, Germany is forecast to grow at approximately 5.2% CAGR.

Through-hole Passive Components Market Trends & Drivers Summarized

How Are Through-hole Passive Components Remaining Relevant in the Age of Surface-mount Technology?

Through-hole passive components, including resistors, capacitors, inductors, and diodes, remain crucial in applications requiring high durability, mechanical stability, and superior heat dissipation. Despite the dominance of surface-mount technology (SMT) in modern electronics, through-hole components continue to be widely used in industries such as aerospace, automotive, power electronics, and military applications. These components provide stronger connections, making them suitable for high-reliability circuits exposed to extreme environmental conditions. The demand for through-hole technology (THT) is particularly evident in power supply systems, industrial automation, and energy applications, where component robustness is essential. However, challenges such as manual assembly requirements, larger footprint compared to SMT, and limited design flexibility have slowed market expansion. As the electronics industry continues to evolve, how will through-hole passive components maintain their relevance and integrate with modern manufacturing trends?

What Technological Innovations Are Advancing Through-hole Passive Components?

Recent innovations in through-hole passive components focus on improving miniaturization, thermal management, and material efficiency. The development of high-power resistors with improved heat dissipation capabilities is enhancing performance in power electronics and industrial automation. Hybrid integration techniques, where through-hole components are combined with SMT for optimized performance, are gaining traction in high-reliability circuit designs. AI-driven component placement optimization in automated through-hole assembly processes is improving efficiency and reducing production costs. Additionally, advances in ceramic and polymer dielectric materials are enhancing the performance of through-hole capacitors, making them more resistant to voltage fluctuations and temperature variations.

Why Is the Demand for Through-hole Passive Components Increasing?

The demand for through-hole passive components remains strong due to their reliability in high-stress environments, particularly in aerospace, defense, and industrial applications. The increasing deployment of power electronics in renewable energy systems, electric vehicles (EVs), and grid infrastructure is also driving demand for robust and long-lasting passive components. Additionally, the expansion of IoT and smart infrastructure projects is requiring hybrid designs that integrate both SMT and through-hole components for optimized functionality.

What Factors Are Driving the Growth of the Through-hole Passive Components Market?

The market is growing due to advancements in power electronics, increased adoption in mission-critical applications, rising demand for hybrid integration in circuit designs, and technological improvements in component materials. As industries prioritize durability and long-term performance, through-hole passive components are expected to remain essential in high-reliability electronic systems.

SCOPE OF STUDY:

The report analyzes the Through-hole Passive Components market in terms of units by the following Segments, and Geographic Regions/Countries:

Segments:
Component (Resistors, Capacitors, Inductors, Diodes, Transducers, Sensors, Others); Leads Model (Axial Leads, Radial Leads); Application (Consumer Electronics, IT & Telecommunications, Automotive, Industrial, Aerospace & Defense, Healthcare, Others)

Geographic Regions/Countries:
World; United States; Canada; Japan; China; Europe (France; Germany; Italy; United Kingdom; and Rest of Europe); Asia-Pacific; Rest of World.

Select Competitors (Total 48 Featured) -

• American Technical Ceramics Corp.
• AVX Corporation (Kyocera AVX)
• Bourns, Inc.
• Cornell Dubilier Electronics, Inc.
• Eaton Corporation
• Fenghua Advanced Technology
• KEMET Corporation (Yageo Corporation)
• KOA Corporation
• Murata Manufacturing Co., Ltd.
• Nexperia
• Panasonic Corporation
• Rohm Semiconductor
• Schurter Holding AG
• Sumida Corporation
• TDK Corporation
• TE Connectivity Ltd.
• Vishay Intertechnology, Inc.
• Walsin Technology Corporation
• Würth Elektronik GmbH & Co. KG
• Yageo Corporation
• Yageo KEMET Corporation
• Yageo Pulse Electronics

TARIFF IMPACT FACTOR

Our new release incorporates impact of tariffs on geographical markets as we predict a shift in competitiveness of companies based on HQ country, manufacturing base, exports and imports (finished goods and OEM). This intricate and multifaceted market reality will impact competitors by artificially increasing the COGS, reducing profitability, reconfiguring supply chains, amongst other micro and macro market dynamics.

We are diligently following expert opinions of leading Chief Economists (14,949), Think Tanks (62), Trade & Industry bodies (171) worldwide, as they assess impact and address new market realities for their ecosystems. Experts and economists from every major country are tracked for their opinions on tariffs and how they will impact their countries.

We expect this chaos to play out over the next 2-3 months and a new world order is established with more clarity. We are tracking these developments on a real time basis.

As we release this report, U.S. Trade Representatives are pushing their counterparts in 183 countries for an early closure to bilateral tariff negotiations. Most of the major trading partners also have initiated trade agreements with other key trading nations, outside of those in the works with the United States. We are tracking such secondary fallouts as supply chains shift.

To our valued clients, we say, we have your back. We will present a simplified market reassessment by incorporating these changes!

APRIL 2025: NEGOTIATION PHASE

Our April release addresses the impact of tariffs on the overall global market and presents market adjustments by geography. Our trajectories are based on historic data and evolving market impacting factors.

JULY 2025 FINAL TARIFF RESET

Complimentary Update: Our clients will also receive a complimentary update in July after a final reset is announced between nations. The final updated version incorporates clearly defined Tariff Impact Analyses.

Reciprocal and Bilateral Trade & Tariff Impact Analyses:

USA
CHINA
MEXICO
CANADA
EU
JAPAN
INDIA
176 OTHER COUNTRIES.

Leading Economists - Our knowledge base tracks 14,949 economists including a select group of most influential Chief Economists of nations, think tanks, trade and industry bodies, big enterprises, and domain experts who are sharing views on the fallout of this unprecedented paradigm shift in the global econometric landscape. Most of our 16,491+ reports have incorporated this two-stage release schedule based on milestones.

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