The increasing application and popularity of digitalization, increased connectivity and mobility demand. The two factors further enhance the complexity of electronics, which is increasing the demand for passive components in electronics and automotive applications.
What leads to the increased demand for inductors in the near future?
Consumer electronics have the highest consumption of inductors. And the newer trend for connected and smart devices is going to see increased circuitry, leading to an increased demand for inductors in the near future.
What’s more, the PCB miniaturization, advancements in semiconductor and circuit architectures set the scene for demand for capacitors in smartphones to increase. With 5G penetration increasing, to satisfy the higher efficiency needs, the demand of capacitors will be increasing.
By defining a component stress-test standard for passive components known as AEC-Q200, which includes a set of tests, a device must pass for it to be qualified. The tests further covers production issues, such as solderability and resistance to soldering heat. This assists the manufacturers to be able to claim greater levels of component reliability. According to the World Economic Forum, more than 12 million fully autonomous cars are expected to be sold per year by 2035, covering 25% of the global automotive market. Therefore, expanding the scope of communicating equipment and devices per vehicles.
The spread of the COVID-19 coronavirus in 2020 and its impact on passive electronic components have reduced the operating level of the entire supply chain, and reduced the production of parts and raw materials. This represents a decline in sales in a range of regions and countries.