Market for Capacitor, Resistor, Coil, Transformer, And Other Inductor in the United States
Market Overview
In 
, the U.S. market for capacitors, resistors, coils, transformers, and other inductors increased by % to $ for the first time since 2018, thus ending a two-year declining trend. The market value increased at an average annual rate of +% over the period from 2013 to ; however, the trend pattern remained relatively stable, with only minor fluctuations being recorded throughout the analyzed period. As a result, consumption attained the peak level and is likely to continue growth in the immediate term.
In value terms, production of capacitors, resistors, coils, transformers, and other inductors expanded rapidly to $ in . Overall, the total production indicated a buoyant expansion from 2013 to : its value increased at an average annual rate of +% over the last eight years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on figures, production increased by +% against 2013 indices. The most prominent rate of growth was recorded in 2019 with an increase of % against the previous year. Production of peaked in and is likely to see gradual growth in years to come.
, the U.S. market for capacitors, resistors, coils, transformers, and other inductors increased by % to $ for the first time since 2018, thus ending a two-year declining trend. The market value increased at an average annual rate of +% over the period from 2013 to ; however, the trend pattern remained relatively stable, with only minor fluctuations being recorded throughout the analyzed period. As a result, consumption attained the peak level and is likely to continue growth in the immediate term.In value terms, production of capacitors, resistors, coils, transformers, and other inductors expanded rapidly to $
in . Overall, the total production indicated a buoyant expansion from 2013 to : its value increased at an average annual rate of +% over the last eight years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on figures, production increased by +% against 2013 indices. The most prominent rate of growth was recorded in 2019 with an increase of % against the previous year. Production of peaked in and is likely to see gradual growth in years to come.Consumption
In , consumption of capacitors, resistors, coils, transformers, and other inductors increased by % to units for the first time since 2018, thus ending a two-year declining trend. The total consumption volume increased at an average annual rate of +% from 2013 to ; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. Over the period under review, consumption of reached the peak volume at units in 2018; however, from 2019 to , consumption remained at a lower figure.
The value of the market for capacitors, resistors, coils, transformers, and other inductors in the United States surged to $ in , picking up by % against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). The market value increased at an average annual rate of +% from 2013 to ; however, the trend pattern remained consistent, with only minor fluctuations being observed in certain years. As a result, consumption attained the peak level and is likely to continue growth in the immediate term.
, consumption of capacitors, resistors, coils, transformers, and other inductors increased by % to units for the first time since 2018, thus ending a two-year declining trend. The total consumption volume increased at an average annual rate of +% from 2013 to ; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. Over the period under review, consumption of reached the peak volume at units in 2018; however, from 2019 to , consumption remained at a lower figure.The value of the market for capacitors, resistors, coils, transformers, and other inductors in the United States surged to $
in , picking up by % against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). The market value increased at an average annual rate of +% from 2013 to ; however, the trend pattern remained consistent, with only minor fluctuations being observed in certain years. As a result, consumption attained the peak level and is likely to continue growth in the immediate term.Market Forecast
The market for capacitor, resistor, coil, transformer, and other inductor is expected to start a downward consumption trend over the next decade. The performance of the market is forecast to decrease slightly, with an anticipated CAGR of -% for the nine-year period from to , which is projected to depress the market volume to units by the end of .
% for the nine-year period from to , which is projected to depress the market volume to units by the end of .Market Structure
Capacitor, resistor, coil, transformer, and other inductor market in the United States consists almost entirely of imported products.
Trade Balance
The United States remains a net importer of capacitor, resistor, coil, transformer, and other inductor; in physical and value terms, imports consistently exceeded exports from 2013 to . In , there was a significant trade deficit of units, which was equal to $. This tangible trade deficit reflects the fact that the market remains dependent on imports, which is likely to continue in the medium term.
. In , there was a significant trade deficit of units, which was equal to $. This tangible trade deficit reflects the fact that the market remains dependent on imports, which is likely to continue in the medium term.
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