Active Electronic Components Market to reach USD 507.2 billion by 2027.Global Electronic Components Market is valued approximately at USD 273.7 billion in 2020 and is anticipated to grow with a healthy growth rate of more than 9.20% over the forecast period 2021-2027. Active electronic components are the integral components of telecom equipment and other networking devices that need an energy source to perform an assigned task. The Active Electronic Components market is being driven by growing demand for electronic devices such as smartphones, tablets and laptops and growing automation in the field of automobile sector such as auto parking, driving assistance etc. Increased demand for electric car has also fueled the market because components such as motor controller, power integrated devices telematics are used in them. Furthermore, the continuous development of major key players towards industry revolution that is to embrace digitalization and increase remote monitoring is also estimated to boost the market. Moreover, the huge investment by key players is also igniting the market. For instance, Diotec Corporation is focusing on developing its global presence by setting up new facilities for its component production worldwide. However, rising concerns regarding energy efficiency and wide scale adoption of internet of things, may impede market growth over the forecast period of 2021-2027.
The regional analysis of the Active Electronic Components Market is considered for the key regions such as Asia Pacific, North America, Europe, Latin America, and Rest of the World. Asia Pacific has emerged as a significant region across the world in terms of market share due the presence of a huge consumer electronics sector in the region. Whereas North America is also anticipated to exhibit the highest CAGR over the forecast period 2021-2027, due to rising industry of electric and autonomous cars in the region.
Major market player included in this report are:
Advanced micro devices
Infineon Technologies AG
NXP Semiconductors NV
Texas Instruments, Inc.
Toshiba Corp.
Intel Corp.
Maxim Integrated
Broadcom, Inc.
Qualcomm, Inc.
Analog Devices, Inc.
The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, the report shall also incorporate available opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:
By Product type:
Semiconductor Devices
Diodes
Transistors
Integrated Circuits (ICs)
Optoelectronics
Vacuum Tubes
Display Devices
Others
By End user:
Consumer Electronics
Networking & Telecommunication
Automotive
Manufacturing
Aerospace & Defense
Others
By Region:
North America
U.S.
Canada
Europe
UK
Germany
France
Spain
Italy
ROE
Asia Pacific
China
India
Japan
Australia
South Korea
RoAPAC
Latin America
Brazil
Mexico
Rest of the World
Furthermore, years considered for the study are as follows:
Historical year - 2018, 2019
Base year - 2020
Forecast period - 2021 to 2027.
Target Audience of the Active Electronic Components (PSF) Market in Market Study:
Key Consulting Companies & Advisors
Large, medium-sized, and small enterprises
Venture capitalists
Value-Added Resellers (VARs)
Third-party knowledge providers
Investment bankers
Investors