Trend of passive components in Emea


EPCIA (European Passive Components Industry Association) published the data about the passive components in the period 2014-2016. Based on the aggregated results of the common European Passive Components Statistics (EPC-eStat), the markets developed as follows: in 2014 the European passives components market increased to a volume of 4.3 billion euro and continued the healthy development in the following years 2015 and 2016 with a steady growth of 4.4% and 4.9% to a total of 4.8 billion in 2016. With a share of almost 40% and a volume of 1.7 billion euro in 2014, capacitors are the biggest product group of the passive components market in Europe. Compared to 2014 the market was pretty flat in 2015: only a modest increase of 1% was recorded. In 2016 capacitors grew 5.2% and reached a level of 1.8 billion euro. In 2014 the resistors market reached a volume of 0.8 billion euro. With a growth rate of 6.9% in 2015 and 6.6% in 2016 the resistor market was able to exceed the 0.9 billion level this year. Inductors represent the second biggest product segment among passive components in the Emea market with a share of more than 20%. In the last two years the inductors market has grown the most with a CAGR of 7.5% and reached a size of 1.1 billion euro in 2016. The combined market of RF components, piezo ceramics and EMC filters totaled 1 billion euro in 2016. It showed a moderate but steady annual growth of 2.8% on average from 2014 to 2016. The automotive sector represents half of the total passives Emea market. The industrial segment as the second largest in the Emea market and with a share of one third is of major importance, too. Here, the market development was also positive from 2014 to 2016 with moderate growth rates.