Vylon Component is a Equip Spell Card.
Spell Cards are usually activated from the hand on your turn unless their type gives another timing window.
On the current TCG and OCG Forbidden & Limited lists tracked here, Vylon Component is Unlimited.
YGOPRODeck lists Vylon Component for these formats: Duel Links, TCG, OCG, Master Duel.
Vylon Component belongs to the Vylon archetype—use that tag when searching for engine pieces and tech options.
A listed print of Vylon Component appears in Duel Terminal 6a (DT06-EN043) at Duel Terminal Normal Parallel Rare rarity.
Among markets shown on this page, the lowest listed snapshot for Vylon Component is about $0.15 on Cardmarket (prices change frequently).
