Market Conditions in the Passive Components Industry April 2015
Passive electronic components considered as specialty parts are high dollar, low volume products whose pricing is secondary to quality. These products have the highest operating margins and represent the smaller percentage of global passive component revenues, accounting for about 13% of global capacitor, resistor and inductor revenues in fiscal year 2015.
In this MarketEYE article, we take a closer look at specialty passive components that are consumed in value-added and application specific market segments on a global basis. Such components are generally consumed in high voltage, high frequencyThe number of complete cycles or vibrations per unit of time. Rate of alternation in an AC current. Expressed in cycles per second or hertz (Hz)., high temperature, high reliability or harsh environment applications where their performance is mission critical and there is an expectation on behalf of the design engineer that component failure is highly unlikely as long as the components are installed properly and used within the manufacturer’s guidelines.
Source: Paumanok Publications, Inc. All Rights Reserved
Key end-markets where specialty components are consumed include a myriad of fragmented segments that can broadly be categorized under the following designations: automotive under-the-hood electronics, specialty power supplies, specialty lighting ballasts, defense electronics, aerospace electronics, medical electronics, welding electronics, instrumentation and control equipment electronics, telecommunications infrastructure equipment, marine electronics (including undersea cable), mining electronics, railroad electronics, nuclear power plant electronics and down hole pump and oil and gas equipment electronics.