| Product Code: ETC5588639 | Publication Date: Nov 2023 | Updated Date: Jan 2026 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Vasudha | No. of Pages: 60 | No. of Figures: 30 | No. of Tables: 5 |
The Armenia interconnects and passive components market witnessed a significant increase in imports from 2020 to 2024, with a Compound Annual Growth Rate (CAGR) of 34.42%. However, there was a notable decline in the year-on-year growth rate from 2023 to 2024, which stood at -39.34%. Overall, the market experienced robust growth during this period.

The interconnects and passive components market involves the production and supply of components like connectors, resistors, capacitors, and inductors. These components are crucial for the functioning of electronic circuits in various applications, including consumer electronics, automotive, and telecommunications.
Electronics manufacturing relies on interconnects and passive components for product miniaturization, performance enhancement, and reliability. Market growth is influenced by innovations in semiconductor technology, IoT expansion, and increasing connectivity demands.
Armenia`s interconnects and passive components market confronts challenges such as optimizing component miniaturization and performance for compact electronic devices, addressing supply chain disruptions affecting component availability, and complying with international standards for component reliability and quality.
Armenia`s electronics manufacturing sector is supported by government policies promoting industrial growth and innovation. Incentives for local production and export-oriented strategies drive demand for interconnects and passive components.
1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 Armenia Interconnects and Passive Components? Market Overview |
3.1 Armenia Country Macro Economic Indicators |
3.2 Armenia Interconnects and Passive Components? Market Revenues & Volume, 2021 & 2031F |
3.3 Armenia Interconnects and Passive Components? Market - Industry Life Cycle |
3.4 Armenia Interconnects and Passive Components? Market - Porter's Five Forces |
3.5 Armenia Interconnects and Passive Components? Market Revenues & Volume Share, By Product Type, 2021 & 2031F |
3.6 Armenia Interconnects and Passive Components? Market Revenues & Volume Share, By Application, 2021 & 2031F |
4 Armenia Interconnects and Passive Components? Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing demand for electronic devices and connectivity solutions |
4.2.2 Growing adoption of IoT and smart technologies |
4.2.3 Expansion of telecommunications infrastructure in Armenia |
4.3 Market Restraints |
4.3.1 High import dependency for interconnects and passive components |
4.3.2 Limited domestic production capacity and capabilities |
4.3.3 Fluctuating raw material prices affecting production costs |
5 Armenia Interconnects and Passive Components? Market Trends |
6 Armenia Interconnects and Passive Components? Market Segmentations |
6.1 Armenia Interconnects and Passive Components? Market, By Product Type |
6.1.1 Overview and Analysis |
6.1.2 Armenia Interconnects and Passive Components? Market Revenues & Volume, By Passive Components, 2021-2031F |
6.1.3 Armenia Interconnects and Passive Components? Market Revenues & Volume, By Interconnects, 2021-2031F |
6.2 Armenia Interconnects and Passive Components? Market, By Application |
6.2.1 Overview and Analysis |
6.2.2 Armenia Interconnects and Passive Components? Market Revenues & Volume, By Consumer Electronics, 2021-2031F |
6.2.3 Armenia Interconnects and Passive Components? Market Revenues & Volume, By Data Processing, 2021-2031F |
6.2.4 Armenia Interconnects and Passive Components? Market Revenues & Volume, By Telecommunication, 2021-2031F |
6.2.5 Armenia Interconnects and Passive Components? Market Revenues & Volume, By Military & Aerospace, 2021-2031F |
6.2.6 Armenia Interconnects and Passive Components? Market Revenues & Volume, By Automotive, 2021-2031F |
6.2.7 Armenia Interconnects and Passive Components? Market Revenues & Volume, By Industrial, 2021-2031F |
7 Armenia Interconnects and Passive Components? Market Import-Export Trade Statistics |
7.1 Armenia Interconnects and Passive Components? Market Export to Major Countries |
7.2 Armenia Interconnects and Passive Components? Market Imports from Major Countries |
8 Armenia Interconnects and Passive Components? Market Key Performance Indicators |
8.1 Percentage of local manufacturing of interconnects and passive components |
8.2 Number of partnerships or collaborations with international suppliers for technology transfer |
8.3 Investment in research and development for product innovation and quality improvement |
8.4 Number of new product launches or product line extensions |
8.5 Adoption rate of advanced interconnect and passive component technologies in key industries like telecommunications, automotive, and electronics |
9 Armenia Interconnects and Passive Components? Market - Opportunity Assessment |
9.1 Armenia Interconnects and Passive Components? Market Opportunity Assessment, By Product Type, 2021 & 2031F |
9.2 Armenia Interconnects and Passive Components? Market Opportunity Assessment, By Application, 2021 & 2031F |
10 Armenia Interconnects and Passive Components? Market - Competitive Landscape |
10.1 Armenia Interconnects and Passive Components? Market Revenue Share, By Companies, 2024 |
10.2 Armenia Interconnects and Passive Components? Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations | 13 Disclaimer |
Export potential enables firms to identify high-growth global markets with greater confidence by combining advanced trade intelligence with a structured quantitative methodology. The framework analyzes emerging demand trends and country-level import patterns while integrating macroeconomic and trade datasets such as GDP and population forecasts, bilateral import–export flows, tariff structures, elasticity differentials between developed and developing economies, geographic distance, and import demand projections. Using weighted trade values from 2020–2024 as the base period to project country-to-country export potential for 2030, these inputs are operationalized through calculated drivers such as gravity model parameters, tariff impact factors, and projected GDP per-capita growth. Through an analysis of hidden potentials, demand hotspots, and market conditions that are most favorable to success, this method enables firms to focus on target countries, maximize returns, and global expansion with data, backed by accuracy.
By factoring in the projected importer demand gap that is currently unmet and could be potential opportunity, it identifies the potential for the Exporter (Country) among 190 countries, against the general trade analysis, which identifies the biggest importer or exporter.
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