Global Interconnects and Passive Components Market

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Global Interconnects and Passive Components Market Forecast To 2022
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Forecast To 2022”
• Manufacturing automation has witnessed an exponential rise in the recent years, owing to the innovation of
affordable and flexible technologies. Automation leads to higher productivity at a lower cost which enables
workplace safety and increasing level of productivity and focus from employees. Hence, high adoption of
automation in the manufacturing processes is expected to be one of the factors fuelling the growth of the Global
Interconnects and Passive Components Market during the forecast period. However, the overall drop in consumer
appliances prices is foreseen to be a post-crisis scenario for the global economy and is expected to hamper the
growth of the interconnects and passive components market over the assessment period.