The study reveals that active electronic component is trending in North America region. The active electronic components is gaining demand in the market is due to increase in consumer electronics and automation across various organizations.
The growth of the electronics industry has triggered the expansion of electronic component industry as well. The electronic components produced in North America include, among others, Picture Tubes, Diodes, Transistors, Power devices, Resistors, Capacitors, Switches, Relays, Connectors, Magnetic heads, etc.
Taking a keen interest in the recent research studies on active electronic components, the global semiconductor chipmakers are investing massively in research and development activities. In 2015, Intel Corp., the U.S.-based industry giant made an investment worth US$12.1 billion on semiconductor research. It was followed by Qualcomm Inc. with an investment value of US$3.7 billion. Samsung Electronics took the third position with US$3.13 billion spent on semiconductor R&D. The investment value of Samsung is 5% more from the previous year’s investments worth US$2.97 billion.
Electronic component are industry products which are used to affect electrons in an electronic system. These electronic components are divided into different types as active components, passive components and electromechanical components. Active components are the components which produce energy in the form of current or voltage whereas the passive components are the components which store energy in the form of current or voltage.
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Major Key Players
Hitachi AIC Inc. (Japan),
Infineon Technologies AG (Germany),
Texas Instruments, Inc. (U.S),
Analog Devices, Inc. (U.S.),
NXP Semiconductors N.V. (Netherlands),
Panasonic Corporation (Japan),
Toshiba Corporation (Japan),
Renesas Electric Corporation (Japan)
Maxim Integrated (U.S.)
The Active Electronic Component Market is growing at 8% of CAGR and is expected to reach at USD 387 billion by the end of forecast period.
The Active Electronic Component Market has been segmented on the basis of types and end-user. Considering the type segment the display technologies, semiconductors, transistors and diodes would occupy the major active electronic component market. Looking through the end-user segment it’s been observed that consumer electronics and automotive industry would expect a substantial increase in active electronic component sector. Many countries are adopting renewable sources of energy. The renewable sources of energy include use of solar panels, turbines and invertors. These devices consists of active electronic components as photodiodes and phototransistors The healthcare sector has also shown a positive growth in active electronic component market due to increasing demand of technologically developed and efficient medical equipment.
Market Research Analysis:
On geographic basis, global active electronic components market is studied in different regions as North America, Europe, Asia-Pacific and Rest of world. It has been observed that North America region is leading with market share growth in the active electronic component market. The active electronic components are gaining huge demand due to the increasing automation across industries and rise in internet of things (IoT) in these regions. In this market, Asia Pacific is to be estimated to be the second largest market share for active electronic components during the forecast period due to the increasing demand of increasing penetration of high-tech devices, increased requirement of miniaturization, developments of auto electronics, economic development, growing digitization, rapid industrialization. Asia Pacific is expected to gain highest CAGR in the coming years due to rise in industrial automation and rise in usage of consumer electronics.
- System Integrators
- network equipment vendors
- chipset vendors
- software/application providers
- user equipment manufacturers
- network infrastructure integrators
- Government Organizations
- Research/Consultancy firms
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