New Passive Component Market Research 2020-2024 | Market Impact Analysis for the New Normal | Technavio
The new passive component market research from Technavio indicates neutral growth in the short term as the business impact of COVID-19 spreads.
This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20201223005354/en/
Technavio has announced its latest market research report titled Global Passive Component Market 2020-2024 (Graphic: Business Wire)
Get detailed insights on the COVID-19 pandemic crisis and recovery analysis of the passive component market.
"One of the primary growth drivers for this market is the growth in demand for communication equipment," says a senior analyst for the industrials industry at Technavio. The market vendors should focus more on the growth prospects in the fast-growing segments while maintaining their positions in the slow-growing segments. As the markets recover, Technavio expects the passive component market size to grow by USD 11.68 billion during the period 2020-2024.
Passive Component Market Segment Highlights for 2020
Related Reports on Industrials Include:
Global Automatic Power Factor Controller Market- The automatic power factor controller market is segmented by product (Active power factor controller and Passive power factor controller), geography (APAC, North America, Europe, South America, and MEA), and end-user (process industries and discrete industries). Click Here to Get an Exclusive Free Sample Report
Global Hot Water Recirculation Pumps Market- The hot water recirculation pumps market is segmented by end-user (industrial, residential, and commercial), product (active, and passive), and geography (Europe, North America, APAC, MEA, and South America). Click Here to Get an Exclusive Free Sample Report
Register for a free trial today to access 17,000+ market research reports using Technavio's SUBSCRIPTION platform
Technavio is a leading global technology research and advisory company. Their research and analysis focuses on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialized analysts, Technavio's report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio's comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.
On Premise Strategies: CBRS and Private LTE
ROI Use Case
How to Strategically Leverage New Connectivity Options