Global Passive Component Market Sees Rising Demand in 5G and EV Sectors
The global market for passive electronic components — including capacitors, resistors, and inductors — continues to experience robust growth, fueled by the rapid adoption of 5G technology and electric vehicles (EVs). According to recent industry reports, demand for high-reliability passive components is expected to grow at a CAGR of 5.8% over the next five years.
As a trusted distributor of Murata and other leading passive component brands, Kingbaco is seeing increased inquiries from manufacturers in telecommunications, automotive, and industrial automation sectors.
"5G infrastructure requires large volumes of high-Q capacitors and low-ESR components to ensure signal integrity," said a spokesperson from Kingbaco. "Similarly, EVs demand robust components capable of withstanding harsh operating environments."
With global supply chain uncertainties still impacting lead times, Kingbaco is proactively optimizing its inventory and working closely with suppliers to support customers’ evolving needs.
Kingbaco offers a wide selection of Murata MLCCs, chip resistors, inductors, and other passive components with strict quality control and fast delivery. For more information or to request a quote, please email marketing@kingbaco.com.
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