Difference between Components and Controls in Delphi
Controls are the visible elements on the Delphi Forms to which you can focus and interact. All the controls are components and vice versa is not true. So we can say that Controls are the subset of Components in Delphi.
TComponent is the common ancestor of all component objects in Delphi. TControl is the abstract base class for all visual components. Everything that goes into the component palette is a Component. Everything that goes into the component and is something that the user of the program can control by using mouse or keyboard is a Control.
For example: TTimer component is a component that you can place on a form, but it is not visible to the end-user. So TTimer is only the component but not a control in Delphi. Other examples like TTimer are TXMLDocument, TDatabase, TQuery, TTable, TDataSet, TDataSource etc. These all components play a vital role but never appear in front of the end user.
A TEdit or TButton is visible and can be controlled by the user (you can add events to TEdit and TButton and with those events a user can actually focus/select/click on the TEdit and TButton components). So both TEdit and TButton are the components as well as controls in Delphi.
A control takes up more resources than a component because a control needs extra info about how to draw itself.