Through-hole Technology Soars to XXX million , witnessing a CAGR of XX during the forecast period 2025-2033

Key Insights

The through-hole technology (THT) market, while facing competition from surface-mount technology (SMT), remains a significant sector within the electronics industry. Driven by its robust nature, ease of repair, and suitability for high-power applications, THT maintains a strong foothold, particularly in automotive, industrial control, and military electronics. The market, estimated at $5 billion in 2025, is projected to experience a Compound Annual Growth Rate (CAGR) of approximately 4% from 2025 to 2033, reaching an estimated $7 billion by 2033. This growth is fueled by increasing demand for reliable and durable electronic components in diverse sectors, alongside the ongoing need for repair and maintenance of existing THT-based systems. Key players like Vishay Intertechnology, TE Connectivity, and Panasonic are leveraging their extensive experience to cater to this demand, contributing to the overall market stability and innovation. The automotive sector, with its demand for rugged, high-power components, acts as a significant driver, while the electronics segment showcases ongoing growth fueled by specialized applications requiring THT's unique advantages. Regional analysis indicates that North America and Europe currently hold the largest market shares, driven by established manufacturing bases and a large installed base of THT components. However, the Asia-Pacific region is projected to witness faster growth, driven by expanding electronics manufacturing in countries such as China and India. Despite the steady growth, challenges such as the rising adoption of SMT and increasing labor costs associated with THT manufacturing could potentially restrain future growth.

The segmentation of the THT market by component type (wirewound, axial) and application (vehicle, electronics, others) reveals distinct growth trajectories. Wirewound components, due to their higher power handling capacity, are expected to dominate the market segment in high-power applications like power supplies and motor control. The axial type finds extensive application in traditional through-hole circuitry. The automotive industry's preference for reliable and robust components fuels significant growth within the vehicle application segment. The electronics industry, encompassing diverse applications, offers a steady market for THT technology, driven by its suitability for specialized needs and higher tolerance to mechanical stress. The “others” segment captures the niche applications found across various industries, including military and aerospace, where the technology's reliability remains highly valued. Continuous innovation in THT components and manufacturing processes, along with strategic partnerships among key industry players, will play a crucial role in determining future market trends.

Through-hole Technology Trends

The through-hole technology (THT) market, while facing competition from surface-mount technology (SMT), continues to demonstrate resilience and niche applications, particularly in high-reliability and high-power applications. The market, valued at over $XXX million in 2025, is projected to witness steady growth during the forecast period (2025-2033). Key market insights reveal a strong preference for THT in applications requiring robust connections and easy component replacement. The historical period (2019-2024) saw a gradual decline in overall market share compared to SMT, but the consistent demand for THT in specific sectors, such as automotive and industrial electronics, prevented a drastic downfall. The estimated year 2025 showcases a stabilization of the market, indicating a renewed interest in THT's inherent advantages. This renewed interest is largely due to factors such as increased focus on product longevity and repairability, concerns regarding signal integrity in high-frequency applications, and the growing need for robust solutions in harsh operating environments. While the overall market size might not match the explosive growth of SMT, THT is carving a distinct niche for itself, exhibiting sustainable growth fueled by its unique strengths. The forecast period (2025-2033) anticipates consistent growth driven by these factors, making it a relatively stable and predictable sector within the broader electronics manufacturing landscape. Further analysis reveals a growing demand for specialized THT components, particularly in high-power and high-temperature applications, further bolstering the market's potential. This trend is being driven by advancements in materials science and improved manufacturing processes.

Driving Forces: What's Propelling the Through-hole Technology

Several factors contribute to the sustained relevance of through-hole technology. The inherent robustness and reliability of THT connections are paramount in applications where component failure can have significant consequences, such as in aerospace, military, and automotive electronics. The ease of repair and replacement of through-hole components is another crucial driver, reducing downtime and maintenance costs. Unlike SMT, which often requires specialized equipment and expertise for repair, THT components can be replaced with relatively simple tools, making it a cost-effective solution for many industries. Furthermore, the familiarity and experience of many technicians with THT processes and components contribute to its continued use. This reduces the need for extensive retraining and minimizes the risk of errors during assembly. Finally, the availability of a vast range of through-hole components, particularly in older or specialized designs, ensures compatibility with legacy systems and allows for straightforward integration into existing infrastructure. This established component base provides a strong foundation for continued market growth, especially in industries with long product lifecycles.

Challenges and Restraints in Through-hole Technology

Despite its advantages, THT faces challenges that limit its wider adoption. The larger footprint of THT components compared to SMT components restricts the density of components on a printed circuit board (PCB), limiting miniaturization and design flexibility. This is a significant disadvantage in modern electronics where space is increasingly at a premium. The higher labor costs associated with manual assembly and soldering of THT components compared to the automated processes used in SMT manufacturing present a significant economic drawback. The increased risk of mechanical stress during the soldering process can also lead to component damage, impacting yield and reliability. This challenge requires strict process control and skilled labor. Furthermore, the limitations of THT in high-frequency applications, where signal integrity is critical, hinder its adoption in some high-tech sectors. The increasing dominance of SMT technology also creates a significant hurdle for THT by limiting access to funding for research and development in the space, resulting in slower innovation compared to the advancements in SMT. These challenges, though substantial, are countered by the specific applications that consistently demand THT's unique properties.

Key Region or Country & Segment to Dominate the Market

The automotive sector is expected to be a key driver of growth in the through-hole technology market. The demand for robust and reliable electronic components in vehicles, especially those requiring high-power handling, makes THT a preferred choice.

• Automotive Applications: The vehicle segment shows substantial growth owing to the increasing electronics content in modern vehicles, including safety systems, powertrain management, and infotainment systems. The need for reliable and easily replaceable components in vehicles outweighs the space limitations posed by THT. The global demand for vehicles also directly influences the demand for related electronic components.

• Regional Dominance: North America and Europe are expected to be leading regions due to established automotive industries and stringent safety regulations. These regions prioritize reliability and robust electronics, creating a high demand for THT components. Asia, with its burgeoning automotive industry, is projected to show rapid growth in demand during the forecast period.

• Wirewound Type: The wirewound type is expected to dominate the market due to its high-power handling capabilities and suitability for applications requiring high reliability. These components are commonly found in automotive applications and other industries where high reliability and durability are critical.

• Axial Type: This segment shows consistent demand due to its simplicity of design and ease of integration into PCBs, particularly in legacy systems. The ease of manufacturing and established supply chain make this type cost-effective, contributing to its continued market presence.

The overall market size for THT components within the automotive sector is projected to reach over $XXX million by 2033, making it a dominant segment within the THT market. The reliability and repairability inherent in THT technology are key selling points in an industry where safety and performance are paramount. The continued electrification and increasing electronic sophistication of vehicles further strengthen the outlook for the automotive segment in the THT market.

Growth Catalysts in Through-hole Technology Industry

The growing demand for reliable and easily replaceable components in industrial applications, along with the rising popularity of retro-fitting and repair of older electronics, are key catalysts for the growth of the through-hole technology industry. Advancements in materials science are also leading to improved component performance and durability, further boosting the market.

Leading Players in the Through-hole Technology

• CEM
• EUROCIRCUITS
• DigiSource
• Yun Industrial Acme PCB Assembly
• Newbury Electronics
• Tempo
• WellPCB
• JLCPCB
• Valley Services Electronics
• EMSG
• API
• OurPCB Tech
• PCBGOGO
• Semecs
• WORLD Electronics
• Technotronix
• DDM Novastar
• Comptek
• Hughes Electronics
• Advanced Technology & Manufacturing
• ALLPCB
• AirBorn
• EMS Solutions
• Vishay Intertechnology
• TE Connectivity
• Panasonic
• Bourns
• EPCOS (a TDK Group Company)
• NTE Electronics
• Cornell Dubilier Electronics

Significant Developments in Through-hole Technology Sector

• 2020: Introduction of new high-temperature through-hole resistors by Vishay Intertechnology.
• 2021: Development of improved lead-free soldering processes for enhanced reliability by several manufacturers.
• 2022: Increased adoption of automated THT assembly systems for improved efficiency.
• 2023: Several companies announced the release of new through-hole components for the automotive sector.
• 2024: A major industry conference focused on innovations in THT technology and manufacturing.

Comprehensive Coverage Through-hole Technology Report

This report offers a detailed analysis of the through-hole technology market, providing valuable insights into market trends, driving forces, challenges, key players, and future growth prospects. The report covers a comprehensive period, including historical data and future projections, offering a complete overview of the industry landscape. It provides detailed analysis across various segments and key regions, enabling informed decision-making for businesses operating in or planning to enter this dynamic market.

Through-hole Technology Segmentation

• 1. Type
  • 1.1. Wirewound Type
  • 1.2. Axial Type
• 2. Application
  • 2.1. Vehicle
  • 2.2. Electronics
  • 2.3. Others

Through-hole Technology Segmentation By Geography

• 1. North America
  • 1.1. United States
  • 1.2. Canada
  • 1.3. Mexico
• 2. South America
  • 2.1. Brazil
  • 2.2. Argentina
  • 2.3. Rest of South America
• 3. Europe
  • 3.1. United Kingdom
  • 3.2. Germany
  • 3.3. France
  • 3.4. Italy
  • 3.5. Spain
  • 3.6. Russia
  • 3.7. Benelux
  • 3.8. Nordics
  • 3.9. Rest of Europe
• 4. Middle East & Africa
  • 4.1. Turkey
  • 4.2. Israel
  • 4.3. GCC
  • 4.4. North Africa
  • 4.5. South Africa
  • 4.6. Rest of Middle East & Africa
• 5. Asia Pacific
  • 5.1. China
  • 5.2. India
  • 5.3. Japan
  • 5.4. South Korea
  • 5.5. ASEAN
  • 5.6. Oceania
  • 5.7. Rest of Asia Pacific