Active Electronic Components Market – Overview:
In this rapidly changing environment, technology needs are ever increasing. Many countries are updating their technologies. The market trend towards the higher requirement of miniaturization and technologically efficient equipment has increased the active electronic component market. The rising popularity of smart and innovative products in the coming years is responsible for rise in of electronic components market.
Many other technologies related to semiconductors like the semiconductor packaging technology uses active electronic components. As these technologies grow, simultaneously the active electronic component market also rises. There has been a recent news about Nexperia that they plan to invest more in R&D and focus towards key trends like power efficiency and miniaturization using active electronic components like diodes, transistors and others.
According to MRFR, 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.
Major Key Players
Some of the key players in the market are 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), STMicroelectronics (Switzerland), Renesas Electric Corporation (Japan) and Maxim Integrated (U.S.)
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As, 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.
Active Electronic Component Market Segmentation
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:
The active electronic component market is wide spread in different geographies. In our study we have studied the active electronic component market in different regions as Americas, Europe, Asia-Pacific and Rest of world. Our study indicates that North America is leading the market, but Asia-Pacific region would dominate the market very soon. European region is growing at a steady pace in the active electronic market.
Countries like Korea, Japan, China and India have noted maximum number of electronic manufacturing companies. Increasing industrialization, digitization and miniaturization are the driving factors for active electronic component market in Asia-Pacific region.
Regional analysis for Active Electronic Component market is studied in different geographic regions as Americas, Europe, Asia-Pacific and Rest of world. It has been observed that Asia-Pacific region would account for larger share in Active Electronic Component market.
Asia-Pacific countries like China and Korea have maximum number of electronic manufacturing companies which is the primary growth driver for the Asia-Pacific region.
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- Electronic component manufacturers
- Research organizations
- Original equipment manufacturers
- 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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