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.
The demand for electronic components is increasing globally at a rapid pace. This is, to a considerable extent, due to global demand in ICT market for smartphones and other wearable devices, and the dramatic growth for smart automobiles, industry machinery and infrastructure. It is predicted that the Internet of Things (IoT) will add tens of billions of new nodes or units on the Internet. The new units will include sensors, data storage devices, computers, and related infrastructure. IoT will let them all interact with each other and be integrated into software systems and networks.
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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.
- By product type, Integrated circuits is dominating the market with revenue USD 76.96 Billion in 2016 and is expected to grow with 11.42% CAGR.
- By end-users, consumer electronics is dominating the market and has generated USD 73.5 Billion in 2016 and is expected to grow at 11.95% CAGR.
- Geographically, North America region has been projected to hold the largest market share in global active electronic components market followed by Europe region, while Asia Pacific is expected to drive the market in coming years.
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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