European market for passives in 2013 and outlook 2014


The European Passive Components Industry Association (EPCIA) analyzed the market development in 2013 and the expected trend for 2014. EECA-EPCIA President Ralph Bronold said: “The European passives components market in 2013 continued to be relatively weak and finished with a minus 3% compared to 2012. This results mainly from the overall soft economy, especially in the southern European countries. For 2014 a slight recovery (plus 2%) of the passive components market in Europe is envisaged. The estimate for the 2013 passive components market in Europe is 4,1 bn. Euro overall. After a decrease of the capacitors market by 11% in 2012 and 4% in 2013, a slight recovery by 2% up to a volume of around 1.6 bn. Euro in 2014 is being forecasted. The resistors market in 2013 has reached the level of the previous year (750 mio. Euro). For 2014 a small improvement, up to a volume of 766 mio. Euro (+2%), is expected. The combined market for electromagnetic components and RF-filters was also negatively affected in 2012 (minus 6%) and in 2013 (minus 4%) with a volume of approx. 1,8 bn. Euro. For these markets a growth of 1% for 2014 is expected”.