The phrase "as a critical component in the" is correct and usable in written English.
It can be used when discussing the importance or essential role of something within a larger context or system.
Example: "The new software serves as a critical component in the overall efficiency of our operations."
Alternatives: "as an essential part of the" or "as a key element in the".
I do want to note the importance of "intergenerational" friends as a critical component in the mix.
Stability in Venezuela is crucial to American policy makers, who see the Andean country as a critical component in the supply chain of oil to the United States.
For this reason, there has been greater attention focused on combating grand corruption as a critical component in the fight against impunity — and thus a more concerted effort to track down and recover stolen assets.
Slowly but surely, the mobile industry is turning to TV advertising as a critical component in the overall marketing mix.
Thermal engineering has emerged as a critical component in the development of integrated circuits and associated electronics.
The development of a strong working alliance between homeless young adults and their social workers is seen as a critical component in the recovery process.
Adherence to medications such as statins is a critical component in the treatment of chronic illness.
Although Hfq has been identified as a critical component in these systems, a common mechanism as to how it facilitates complex formation is not clear.
Herein we identify VAV3 as a critical component in this process.
Odusina identified the role of advocacy as a critical component in supporting the implementation of voluntary guideline of SSF.
The three companies' entry into the local trash-hauling market, starting in the early 1990's, was seen as a critical component in Mayor Rudolph W. Giuliani's effort to reduce the influence of organized crime over the trash business.
