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.
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Major Key Players
Maxim Integrated (U.S.)
Hitachi AIC Inc. (Japan),
Infineon Technologies AG (Germany),
Texas Instruments, Inc. (U.S),
Analog Devices, Inc. (U.S.),
Panasonic Corporation (Japan),
Toshiba Corporation (Japan),
Renesas Electric Corporation (Japan) and NXP Semiconductors N.V. (Netherlands)
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.
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.
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.
The regional analysis of active electronic components market is being studied for region such as Asia pacific, North America, Europe and Rest of the World. North America is one of the leading region across the world in terms of market share in active electronic components market due to the huge demand of security system and business intelligence which is propelling the market growth of active electronic components. However, Asia Pacific is expected to surpass the market and in the coming years attributed by rising need and demand for energy-efficient devices and growth in adoption of smartphones. Asia Pacific countries like China, India and Japan are ahead in the in Active Electronic Components market due to increasing penetration of high-tech devices, increased requirement of miniaturization, developments of auto electronics, economic development, growing digitization, rapid industrialization and many more.
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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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