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With the rapid development of automotive electronics, 5G, mobile payment, information security, consumer electronics, industrial electronics and other fields, the global electronic components industry has entered a period of rapid development. The global electronic components market has grown significantly in the past two years, and there is room for future development. broad. According to Globe Newswire data, the global general electronic components market size will be US$408.784 billion in 2022 and is expected to reach US$509.459 billion by 2025, with a compound annual growth rate of 7.61% from 2022 to 2025.