Market Highlights
Market Research Future (MRFR), in its recently published research report, asserts that the global active electronic components market is booming and expected to grow exponentially over the review period, recording a substantial market valuation and a healthy 10% CAGR in the forecast period.
Primary Drivers and Top Barriers
Increasing penetration of smartphones as well as other wearable devices, along with industrial automation, has boosted the demand for active electronic components. Soaring demand for active electronic components in the healthcare and automotive sectors combined with surging adoption of MEMS technology benefits the global active electronic components market.
Increasing modernization of vehicles coupled with mounting demand for luxury and technologically advanced vehicles has also led to a high adoption of active electronic components. Growing applications of active electronic components in consumer goods paired with rising use of renewable energy resources induce market growth. In addition, advancing use of active electronic components in connected devices has helped the market achieve further success over the years.
The market also profits from surging concerns about energy efficiency and the rising trend of IoT, which is prompting players to come up with low-cost and energy-efficient active electronic components. Moreover, frequent technological advancements and accelerated demand from developing economies are believed to be working in favor of the active electronic components market.
Segmentation:
The global electronic components market is analyzed on the basis of product type and end-users.
On the basis of product type, the active electronic components market is segmented into display technologies, optoelectronic devices, semiconductor devices, vacuum tubes, and others. By product type, Integrated circuits is leading the active electronic components market with USD 76.96 Billion in 2016 and is poised to rise with 11.42% CAGR.
On the basis of end-users, the market is further segmented into consumer electronics, healthcare, automotive, aerospace & defense, information technology, and others. By end-users, consumer electronics is leading the active electronic components market and has produced USD 73.5 Billion in 2016 and is poised to rise at 11.95% CAGR.
Regional Insight
The report offers a thorough geographical distribution of the global active electronic components market across North America, Asia Pacific (APAC), Europe, and the Rest of the World (RoW).
North America is expected to reign over the global active electronic components market, predominantly owing to the mounting demand for business intelligence and security system. Surge in IoT, along with rising automation across industries in the region also adds to the market strength. Surging adoption of renewable energy sources as well as micro-electromechanical systems will also induce market growth in the region.
APAC can cross its current position in the global market and garner a better position in subsequent years. The regional market growth is the result of a high demand for energy-efficient devices along with the rising adoption of smartphones. Countries like India, China, and Japan are the top-performing markets for active electronic components in the region, thanks to the increasing penetration of high-tech devices, advancements in auto electronics, and surging digitization, among others.
Rapid industrialization, as well as digitization, strong economic growth, increased need for miniaturization and development of auto electronics, can help Europe gain momentum in the worldwide market in the years ahead.
Significant Players
Significant companies shaping the worldwide active electronic components market include Renesas Electric Corporation (Japan), Texas Instruments, Inc. (U.S), Analog Devices, Inc. (U.S.), Maxim Integrated (U.S.), Panasonic Corporation (Japan), Toshiba Corporation (Japan), STMicroelectronics (Switzerland), NXP Semiconductors N.V. (Netherlands), Hitachi AIC Inc. (Japan), Infineon Technologies AG (Germany), to name a few.
Browse Complete Report @ https://www.marketresearchfuture.com/reports/active-electronic-components-market-2284
Worldwide Active Electronic Components Market In-depth Research Report 2021, Forecast to 2027 is latest research study released by RnM evaluating the market risk side analysis, highlighting opportunities and leveraged with strategic and tactical decision-making support.
The report provides information on market trends and development, growth drivers, technologies, and the changing investment structure of the Worldwide Active Electronic Components Market.Some of the key players profiled in the study are Diotec Semiconductor AG, Analog Devices, Inc., Toshiba Corporation, Texas Instruments, Inc., Infineon Technologies AG, Fairchild Semiconductor International, Inc., Everlight Electronics Co., Ltd., ON Semiconductor, Maxim Integrated Products Inc., ST Microelectronics NV, and Renesas Electric Corporation Get free access to sample report @ https://www.reportsandmarkets.com/sample-request/global-active-electronic-components-market-4242134?utm_source=techsite_medium=24Worldwide Active Electronic Components Market Overview:It is our aim to provide our readers with report for Active Electronic Components Market, which examines the industry during the period 2021 – 2027.
The first part of the report focuses on providing the industry definition for the product or service under focus in the Active Electronic Components Market report.
After covering various areas of interest in the industry, the report aims to provide how the Active Electronic Components Market will grow during the forecast period.Worldwide Active Electronic Components Market: Demand Analysis & Opportunity Outlook 2027Worldwide Active Electronic Components research study defines market size of various segments & countries by historical years and forecast the values for next 6 years.
The report is assembled to comprise qualitative and quantitative elements of Worldwide Active Electronic Components industry including: market share, market size (value and volume 2015-2020, and forecast to 2027) that admires each country concerned in the competitive marketplace.
Further, the study also caters and provides in-depth statistics about the crucial elements of Worldwide Active Electronic Components which includes drivers & restraining factors that helps estimate future growth outlook of the market.Important years considered in the Worldwide Active Electronic Components study: Historical year – 2015-2020; Base year – 2020; Forecast period** – 2021 to 2027 [** unless otherwise stated]If opting for the Global version of Worldwide Active Electronic Components Market; then below country analysis would be included: • North America (USA, Canada and Mexico) • Europe (Germany, France, the United Kingdom, Netherlands, Italy, Nordic Nations, Spain, Switzerland and Rest of Europe) • Asia-Pacific (China, Japan, Australia, New Zealand, South Korea, India, Southeast Asia and Rest of APAC) • South America (Brazil, Argentina, Chile, Colombia, Rest of countries etc.)
