Turkey imposes trade restrictions on Israel over Gaza aggression as battle costs reach 245 billion Shekels. Get the latest updates on this escalating situation.
The passive electronic components market is set to reach USD 43.95 billion by 2029, growing at a CAGR of 6.03% from 2022-2029. This report offers a detailed analysis of the market, identifying key drivers like adoption of IoT and 5G, automation, and investment in R&D. However, there are also challenges like supply chain disruptions and a lack of standardization. The Asia Pacific region dominates the market with capacitors being the most popular type of component. Expect growth as demand for electronic devices and new technology adoption continue to rise.
Australia hopes for resolution in trade dispute with China as Beijing lifts tariffs on barley. An optimistic outlook towards ending the ongoing trade tensions.