10 Dec 2020 -
 General

Passive components are expected to be in short supply in 2021

The global passive component output value is expected to grow by about 11.1% annually in 2021, the capacity expansion will be about 10%, and the annual demand will grow by about 15%. At the same time, the price of MLCC and chip resistors may increase in the second and third quarters of next year, reports SemiMedia.

The passive component market in 2021 will benefit from the popularization of 5G smartphones and the rising demand for applications such as electric vehicles and automotive electronics. It is estimated that the global passive component output value in 2021 is expected to grow by approximately 11.1% annually.

In terms of prices, industry insiders expect that the growth of passive component demand in 2021 will slightly exceed the growth of supply, and the annual growth rate of demand is about 15%. The prices of MLCC and chip resistors may increase in the second and third quarters of 2021.

To avoid electronics supply-chain disruptions, you may also wish to consult an expert in electronics component supply. With more than 27 years of supply-chain expertise, Astute Electronics is ideally placed to work with you on your daily component requirements.

Either through the hundreds of manufacturers we purchase directly from, or the international network of component supply-partners offering full product traceability, Astute Safe-Supply, run by sourcing experts and offers a deeper insight into the global components markets.

With real-time access to the latest listings and prices cultivated through several decades of close supplier partnerships, we are able to spot price disparities and leverage product price variances to deliver cost-effective solutions to customers, whilst ensuring a quality, risk-free supply.

For more help with looking at supply chain options, contact Astute Electronics here

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