China Electronic Components Market (2025-2031) | Analysis, Size, Value, Companies, Trends, Growth, Revenue, Industry, Forecast, Share & Outlook

China Electronic Components Market Growth Rate

According to 6Wresearch internal database and industry insights, the China Electronic Components Market is projected to grow at a compound annual growth rate (CAGR) of 7.3% during the forecast period (2025–2031).

Rising EV adoption and rapid 5G expansion are fueling demand for semiconductors, passives, and advanced electromechanical parts.

China Electronic Components Market Highlights

Topics Covered in the China Electronic Components Market Report

The China Electronic Components Market report thoroughly covers the market by types and applications. The market report provides an unbiased and detailed analysis of ongoing market trends, opportunities/high growth areas, and market drivers, which would help stakeholders to devise and align their market strategies according to the current and future market dynamics.

China Electronic Components Market Synopsis

The China Electronic Components Market is expanding rapidly, supported by digital transformation, the boom in electric vehicles, and widespread 5G adoption. Demand for semiconductors, passive components, and electromechanical devices is rising across sectors such as automotive, telecom, industrial automation, and computing. Buyers emphasize reliability, energy efficiency, and miniaturization when selecting products. Furthermore, advancements in domestic capabilities including raw materials, circuit design, packaging, and testing are strengthening local supply chains and reducing import dependence, positioning China as a major force in global electronics manufacturing.

Evaluation of Growth Drivers in the China Electronic Components Market

Below mentioned are some prominent drivers and their influence on market dynamics:

The China Electronic Components Market size is projected to grow at the CAGR of 7.3% during the forecast period of 2025-2031. The market is expanding on the back of China’s robust electronics manufacturing base, accelerated 5G deployment, and surging demand from electric vehicles. Adoption is further rising in consumer gadgets, industrial automation, and computing hardware.

China Electronic Components Market Growth is reinforced by policies promoting semiconductor independence and reduced reliance on imports. Various investments in research, design, packaging, and testing capabilities are boosting domestic capacity, while growing emphasis on energy efficiency, miniaturization, and high-performance standards creates fresh opportunities across multiple industry sectors.

Evaluation of Restraints in the China Electronic Components Market

Below mentioned are some major restraints and their influence on market dynamics:

China Electronic Components Market Challenges

The China Electronic Components Industry faces several challenges, including rising input costs, excessive dependence on overseas supply of chip technologies, and in some cases fragile supply chains. Strict adherence to environmental regulations on electronic waste and emissions increases the cost of production. Small and medium-sized firms are trying to compete against international companies with more assets and resources. Intellectual property issues among countries and ongoing trade disputes and frictions limit the ability for growth.

China Electronic Components Market Trends

• Miniaturized High-Reliability Passives: The transition to higher capacitance MLCCs and lower ESR designs for size-constrained systems where thermal issues are critical.
• Wide-Bandgap Power Electronics: Increasing use of SiC/GaN devices for higher efficiency in EV traction, fast chargers, and PSUs for servers.
• System-in-Package (SiP) and Advanced Packaging: Combining RF/front-end, PMICs, and sensors to shrink size and improve performance.
• Sensorization of Everything: Expansion of camera, LiDAR, IMU, pressure, and TOF sensors for automotive and smart industry applications.
• Design-for-Sustainability: Taking advantage of recyclable materials, halogen-free laminates, and energy-efficient components consistent with green manufacturing goals.

Investment Opportunities in the China Electronic Components Industry

• SiC/GaN Ecosystem and Capacity – Scale up epitaxial growth, substrates, and device fabs to support EVs and fast chargers.
• Automotive-Quality Component Lines – Establish passives, connectors, relays, and power ICs that meet AEC-Q qualification targeting Tier-1 supply chains.
• Advanced Packaging and Testing – Enhance OSAT capabilities for SiP, heterogeneous integration, and build reliability labs.
• Industrial IoT Modules – Develop ruggedized sensor/communication modules for factory retrofits and smart grids.

Top 5 Leading Players in the China Electronic Components Market

Some leading players dominating the China Electronic Components Market Share include:

1. Shenzhen Sunlord Electronics Co., Ltd.

Sunlord is a major passive component supplier (inductors, RF components, MLCC-related products) serving communications, automotive, and industrial customers.

2. Luxshare Precision Industry Co., Ltd.

Luxshare designs and manufactures connectors, cables, antennas, and electromechanical assemblies widely used in consumer, automotive, and communications.

3. Will Semiconductor Co., Ltd. (Will Semi)

Will Semi (incl. OmniVision) provides CMOS image sensors and analog ICs, supplying automotive, mobile, and industrial vision applications.

4. Goertek Inc.

Goertek specializes in acoustic components, MEMS microphones, and precision electromechanical parts for smart devices and AR/VR.

5. BOE Technology Group Co., Ltd.

BOE is a leading display and component ecosystem provider, offering panels, modules, and related electronics for automotive and computing applications.

Government Regulations Introduced in the China Electronic Components Market

According to Chinese Government data, several initiatives support domestic component advancement. For instance, the “Made in China 2025” program prioritizes core electronic components and high-end equipment; the National IC Industry Investment Fund (“Big Fund”) channels capital into wafer fabs, packaging, and materials; and the 14th Five-Year Plan emphasizes breakthroughs in analog/power devices and advanced packaging.

Tax incentives for integrated circuit design/manufacturing and inclusion in the “Catalogue of Encouraged Industries” provide accelerated depreciation and R&D super-deductions for qualified component projects, while local procurement programs encourage automotive-grade localization.

Future Insights of the China Electronic Components Market

The China Electronic Components Market is growing continuously driven by advancements in 5G, electric vehicles, and the ongoing digital transformation. The rising demand for semiconductors, passive components, and electromechanical parts is expected to rise across key industries such as automotive, telecommunications, and industrial automation.

Innovations in miniaturization, energy efficiency, and integrated smart technologies will propel market expansion. Subsequently, government policies promoting semiconductor self-reliance, along with rising investments in local R&D, are set to strengthen China’s competitive position globally.

Market Segmentation Analysis

Active to Dominate the Market – By Types

According to Ritika Kalra, Senior Research Analyst at 6Wresearch, the Active segment holds the largest market share in the China Electronic Components Market. This is due to rising demand for semiconductors, including power devices, MCUs, sensors, and RF front-ends driven by EVs, fast charging, 5G infrastructure, and AI/edge computing, which significantly increase silicon content per system.

Automotive to Dominate the Market – By Applications

The Automotive segment dominates the China Electronic Components Industry, propelled by rapid electrification, ADAS adoption, and connected in-vehicle platforms. EV powertrain electronics, battery management systems, high-reliability passives, connectors, and sensor suites all expand per-vehicle component value, outpacing other application segments.

Key Attractiveness of the Report

• 10 Years of Market Numbers.
• Historical Data Starting from 2021 to 2024.
• Base Year: 2024.
• Forecast Data until 2031.
• Key Performance Indicators Impacting the Market.
• Major Upcoming Developments and Projects.

Key Highlights of the Report:

• China Electronic Components Market Outlook
• Market Size of China Electronic Components Market, 2024
• Forecast of China Electronic Components Market, 2031
• Historical Data and Forecast of China Electronic Components Revenues & Volume for the Period 2021 - 2031
• China Electronic Components Market Trend Evolution
• China Electronic Components Market Drivers and Challenges
• China Electronic Components Price Trends
• China Electronic Components Porter's Five Forces
• China Electronic Components Industry Life Cycle
• Historical Data and Forecast of China Electronic Components Market Revenues & Volume By Types for the Period 2021 - 2031
• Historical Data and Forecast of China Electronic Components Market Revenues & Volume By Passive for the Period 2021 - 2031
• Historical Data and Forecast of China Electronic Components Market Revenues & Volume By Active for the Period 2021 - 2031
• Historical Data and Forecast of China Electronic Components Market Revenues & Volume By Electro Mechanic for the Period 2021 - 2031
• Historical Data and Forecast of China Electronic Components Market Revenues & Volume By Applications for the Period 2021 - 2031
• Historical Data and Forecast of China Electronic Components Market Revenues & Volume By Automotive for the Period 2021 - 2031
• Historical Data and Forecast of China Electronic Components Market Revenues & Volume By Communications for the Period 2021 - 2031
• Historical Data and Forecast of China Electronic Components Market Revenues & Volume By Industrial for the Period 2021 - 2031
• Historical Data and Forecast of China Electronic Components Market Revenues & Volume By Computing Applications for the Period 2021 - 2031
• Historical Data and Forecast of China Electronic Components Market Revenues & Volume By Others for the Period 2021 - 2031
• China Electronic Components Import Export Trade Statistics
• Market Opportunity Assessment By Types
• Market Opportunity Assessment By Applications
• China Electronic Components Top Companies Market Share
• China Electronic Components Competitive Benchmarking By Technical and Operational Parameters
• China Electronic Components Company Profiles
• China Electronic Components Key Strategic Recommendations

Market Covered

The report offers a comprehensive study of the subsequent market segments:

By Types

• Passive
• Active
• Electro Mechanic

By Applications

• Automotive
• Communications
• Industrial
• Computing Applications
• Others