ELECTRONIC COMPONENTS (IT) GOS-028
A GLOBAL OUTLOOK, SEPTEMBER 2008
CONTENTS
1. Overview 1
Electronic Components – Fundamental Building Blocks 1
A Glance at Global Electronic Components Industry 1
Operational Leverage 1
Segment Exposure and Diversification 1
End-Market Exposure 2
Demand Prospects 2
Semiconductor Market 2
Outlook 2
Table 1: Global Semiconductor Revenues in US$ billion (2006 -
2011) 2
Global Semiconductors Industry to Witness Marginal Growth 3
Factors Steering Growth 3
Capacitors Market 3
Aluminum Capacitor Market 3
Consumer A/V Sector 3
Industrial Electronics Sector 4
Weak Economic Growth to Negatively Impact Electronics Industry 4
Global Electronics Industry Face Tough Time in 2007 4
Computers and Peripherals Segment 4
Telecom Sector 4
Automotive 4
End-Use Markets 4
2. Product Overview 5
Passive Components 5
Resistors 5
Types of Resistors 5
Fixed Resistors 5
Variable Resistors 5
Other Types of Resistors 5
Capacitors – A Must in Every Electronic Circuit 5
Types of Capacitors 6
Tantalum – An Efficient Dielectric 6
Ceramic Capacitors 6
Trimmer Capacitors 6
Super Capacitors 6
Transformers 6
Different Types of Transformers 6
Resonators 6
Dual Mode Resonators: Increasing Specificity in the Market 7
Electromechanical Components 7
Connectors 7
Relays 7
Switches 7
Classification of Switches 7
Sensors Replacing Switches 7
Micro Switches 7
Printed Wiring Boards 8
Classification of Printed Wiring Boards 8
3. Electronic Components Industry – An Outlook 8
Electronic Components – A Promising Industry 8
Passive Components 8
Flexible Printed Circuits 9
North America Grabs Lion’s Share 9
Asia-Pacific – The Hub of Future Growth 9
4. Market Trends 9
Production at Lower Costs – A Key Requisite 9
Pricing Power Requires Innovation and Newer Designs 9
Growing Market for Solid Polymer Aluminum Electrolytic Capacitors 9
Market Rising for Multilayer Ceramic Capacitors (MLCCs) 10
Companies Strengthen Market Positions 10
Consolidation to Reshape the Image Sensor Market 10
Vertical Integration – A Key Trend 11
New Technology Developments 11
3G Technology to Drive Future Growth 11
End-Use Markets 11
Industry Marked by Strategic Alliances and Acquisitions 11
Integration: Rule Rather Than Exception 11
5. Mergers and Acquisitions 12
6. Strategic Corporate Developments 34
7. Product Launches/Technology Developments 40
8. Global Electronic Components Market 45
Overview 45
Electronic Components – Macroeconomics 45
PCB Relay Market 45
Global Supply and Demand 45
Demand by Major Product Type 46
Table 2: World Market for Electronic Components by Geographic
Region – USA, Canada, Japan, Europe, Asia-Pacific (excluding
Japan), Middle East, and Latin American Markets Independently
Analyzed with Annual Sales Figures in US$ Billion for Years
2003 through 2008 47
Table 3: World Electronic Components Market (2004 & 2008):
Percentage Breakdown of Dollar Sales by Geographic Region –
USA, Canada, Japan, Europe, Asia-Pacific (excluding Japan),
Middle East, and Latin America 47
Table 4: World Market for Electronic Components by Product
Group – Resistors, Capacitors, Transformers, Resonators,
Connectors, Relays, Switches, and Printed Wiring Boards
Independently Analyzed with Annual Sales Figures in US$
Billion for Years 2003 through 2008 48
Table 5: World Electronic Components Market (2004 & 2008):
Percentage Breakdown of Dollar Sales by Product Group –
Resistors, Capacitors, Transformers, Resonators, Connectors,
Relays, Switches, and Printed Wiring Boards 48
Demand by End-Use Application 49
Table 6: Global Market for Electronic Components (2005):
Percentage Breakdown of Value Sales by Application Area –
Personal Computer, Telecommunication, Consumer, Automotive,
and Others 49
Regional Market Trends 49
9. Global Market for Passive Components 49
Table 7: World Market for Transformers by Product Segment –
RFTS & IFTS, Audio Frequency Transformers, Power Transformers,
High Frequency Power Transformers, High Voltage Transformers,
Fly back Transformers, Deflection Yoke Transformers, and Other
Transformers Independently Analyzed with Annual Sales Figures
in US$ Million for Years 2003 through 2008 50
Table 8: World Transformers Market (2004 & 2008): Percentage
Breakdown of Dollar Sales by Product Segment – RFTS & IFTS,
Audio Frequency Transformers, Power Transformers, High
Frequency Power Transformers, High Voltage Transformers, Fly
back Transformers, Deflection Yoke Transformers, and Other
Transformers 51
Table 9: World Market for Resistors by Product Segment –
Semi-Fixed Variable Resistors, Carbon Variable Resistors,
Other Variable Resistors, Carbon Film Fixed Resistors, Metal
Film Fixed Resistors, Metal Oxide Film Fixed Resistors, Wire
Wound Fixed Resistors, Network Resistors, Chip Resistors, and
Other Fixed Resistors Independently Analyzed with Annual Sales
Figures in US$ Million for Years 2003 through 2008 51
Table 10: World Resistors Market (2004 & 2008): Percentage
Breakdown of Dollar Sales by Product Segment – Semi- Fixed
Variable Resistors, Carbon Variable Resistors, Other Variable
Resistors, Carbon Film Fixed Resistors, Metal Film Fixed
Resistors, Metal Oxide Film Fixed Resistors, Wire Wound Fixed
Resistors, Network Resistors, Chip Resistors, and Other Fixed
Resistors 52
Table 11: World Market for Capacitors by Product Segment –
Variable Capacitors, Aluminum Electrolytic Fix Capacitors,
Tantalum Electrolytic Fixed Capacitors, Ceramic Fixed
Capacitors, Organic Film Fixed Capacitors, Metallized Organic
Film Capacitors, and Other Fixed Capacitors Independently
Analyzed with Annual Sales Figures in US$ Million for Years
2003 through 2008 52
Table 12: World Capacitors Market (2004 & 2008): Percentage
Breakdown of Dollar Sales by Product Segment – Variable
Capacitors, Aluminum Electrolytic Fix Capacitors, Tantalum
Electrolytic Fixed Capacitors, Ceramic Fixed Capacitors,
Organic Film Fixed Capacitors, Metallized Organic Film
Capacitors, and Other Fixed Capacitors 53
Table 13: Leading Players in the Global Capacitors Market
(2005): Percentage Breakdown of Value Sales for Panasonic,
NCC, Nichicon, Rubycon, and Others 53
Table 14: Global Market for Tantalum Capacitors (2005):
Percentage Breakdown of Value Sales by End-Use Application –
EDP (PC), Telecoms, Consumer, Automotive, and Others 53
10. Global Electronic Connectors Market 54
Table 15: World Market for Connectors by Product Segment –
Coaxial Connectors, Connectors for PCBs, Optical Connectors,
and Other Connectors Independently Analyzed with Annual Sales
Figures in US$ Million for Years 2003 through 2008 54
Table 16: World Connectors Market (2004 & 2008): Percentage
Breakdown of Dollar Sales by Product Segment – Coaxial
Connectors, Connectors for PCBs, Optical Connectors, and Other
Connectors 55
Table 17: Global Market for Connectors (2005): Percentage
Breakdown of Value Sales by End-Use Application – Automotive,
Computer and Peripherals, Telecom/Datacom, Industrial,
Military/Aerospace, and Others 55
11. Global Electronic Switch Market 55
Highly Fragmented Market 55
Photonic Switches – A New Dawn 56
Table 18: Leading Vendors in the Global Electronic Switch
Market (2005): Percentage Breakdown of Sales for Brocade,
Mcdata, Inrange, Qlogic Vixel, and Gadzoox 56
Table 19: World Market for Switches by Product Segment –
Toggle Switches, Slide Switches, Rotary Switches, Keyboard
Switches, and Other Switches Independently Analyzed with
Annual Sales Figures in US$ Million for 2003 through 2008 56
Table 20: World Switches Market (2004 & 2008): Percentage
Breakdown of Dollar Sales by Product Segment – Toggle
Switches, Slide Switches, Rotary Switches, Keyboard Switches,
and Other Switches 57
12. Global Market for Wireless Application IC 57
Wireless Application IC Market 57
Bluetooth Technology for Wireless Application 57
CDMA based Wireless IC 58
13. Global Market for DRAM and OEM 58
14. Global Market for DRAM Integrated Circuit Boards 59
15. United States 59
Industry Overview 59
Table 21: US Market for Electronic Components by Product
Group – Resistors, Capacitors, Transformers, Resonators,
Connectors, Relays, Switches, and Printed Wiring Boards
Independently Analyzed with Annual Sales Figures in US$
Million for Years 2003 through 2008 60
Outlook 60
Mixed Results for Electronic Component Segments 60
Facing Strong Competition from South East Asian Countries 60
Distribution Plays a Pivotal Role. 61
Enforcement of Energy Efficiency Regulations 61
Outlook 61
16. Japan 61
Resistors 61
Piezoelectric Components 62
Microwave Devices 62
Modules 62
Others 62
Electronic Components and Devices 63
Table 22: Japanese Market for Electronic Components by
Product Group – Resistors, Capacitors, Transformers,
Resonators, Connectors, Relays, Switches, and Printed Wiring
Boards Independently Analyzed with Annual Sales Figures in
US$ Million for Years 2003 through 2008 63
Digital & Multifunctional Products Aid Japanese Manufacturers 63
17. Europe 64
Electronic Components – Growing Demand 64
Internet – Growing Popularity 64
Influencing Factors 64
Market Segments 64
Table 23: European Market for Electronic Components by
Product Group – Resistors, Capacitors, Transformers,
Resonators, Connectors, Relays, Switches, and Printed Wiring
Boards Independently Analyzed with Annual Sales Figures in
US$ Million for Years 2003 through 2008 65
Outlook 65
17a. France 65
Market Scenario 65
Table 24: French Market for Electronic Components by Product
Group – Resistors, Capacitors, Transformers, Resonators,
Connectors, Relays, Switches, and Printed Wiring Boards
Independently Analyzed with Annual Sales Figures in US$
Million for Years 2003 through 2008 66
17b.Germany 66
Market Scenario 66
Table 25: German Market for Electronic Components by Product
Group – Resistors, Capacitors, Transformers, Resonators,
Connectors, Relays, Switches, and Printed Wiring Boards
Independently Analyzed with Annual Sales Figures in US$
Million for Years 2003 through 2008 66
German Passive Components Market – An Overview 67
17c. United Kingdom 67
Market Scenario 67
Market Players 67
Table 26: UK Market for Electronic Components by Product
Group – Resistors, Capacitors, Transformers, Resonators,
Connectors, Relays, Switches, and Printed Wiring Boards
independently Analyzed with Annual Sales Figures in US$
Million for Years 2003 through 2008 68
18. Asia 68
Table 27: Asia-Pacific Market for Electronic Components by
Product Group – Resistors, Capacitors, Transformers,
Resonators, Connectors, Relays, Switches, and Printed Wiring
Boards Independently Analyzed with Annual Sales Figures in US$
Million for Years 2003 through 2008 68
18a. China 69
China – A Hot Destination 69
Chinese Film Capacitor Industry Set for a Robust Growth 69
PCB Industry in China 69
Challenges Encountered by the Chinese PCB Market 69
Exports 70
Outlook 70
Raw Material Scene 70
Production of Film Capacitors on Rise 70
Chinese Semiconductor Market 71
Global Semiconductor Market Vs Chinese Semiconductor Market 71
China – A Potential Market for Semiconductors 71
Leading Players – New Plant Constructions 71
Increasing Consumption 71
Government Initiatives 71
Outlook 71
Table 28: Revenues (in US$ billion) for the Chinese
Semiconductor Industry (2004-2010) 71
18b. India 72
India’s New Semiconductor Policy Seems Attractive 72
18c.Hong Kong 72
18d.Korea 73
18e.Taiwan 73
Market Scenario 73
Electronic Components Industry to Post Healthy Gains 73
Market Sectors 74
Market Factors 74
Outlook 75
GLOBAL DIRECTORY
