Passive Electronic Components Market is Estimated to Witness High Growth Owing to Surging Demand for Miniaturized Components
Passive electronic components play a crucial role in various electronic devices by regulating voltage or current, smoothing ripple, and blocking DC paths. These components include resistors, capacitors, inductors, transformers, and circuit breakers and are commonly used in consumer electronics products, automotive applications, industrial equipment, and more. They are cost-effective, easily...
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