Market Highlights:
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.
Managing the cost of raw materials remains a top priority for manufacturers. Although the cost of raw materials used in manufacturing has eased somewhat since hitting a historic, mid-recession peak in 2015, the raw materials market remains volatile both in the United States and abroad. Manufacturers continue to be concerned about coping with these pricing fluctuations, and many firms are seeking new ways to mitigate risks associated with raw materials instability.
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Major Key Players:
- 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)
- Maxim Integrated (U.S.)
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.
Competitive Analysis
The market competitors find themselves in a promising position with the capacity to handle the pace of change. The contestants are dynamically addressing the challenges to growth and are creating strategies that can have the best overall effect on the market’s development. The competitive outlook for the market is projected to diversify extensively in the coming period. The developments in the market are likely to be fuelled by the rise in investments and product inventions. The market influencers are taking an interest in the making of strong value chains that can yield increased profits. The prospects for growth in the market have ample room for growth in the forecast period. The perceived propensity for the market’s growth has improved following the accessibility to positive aspects in the market.
Industry Updates:
Scientists at the Tokyo Tech have created a new kind of molecular wire doped with organometallic ruthenium to attain an unusually superior conductance than former molecular wires. Single molecule electronic devices are typically defined as those with single molecules are used as active electronic components that constitute a promising outlook for the eventual miniaturization and incorporation of electronic devices in nanotechnology by way of bottom‐up strategy.
Regional Analysis:
The regional based assessment of the active electronic components market includes regions such as North America, Asia Pacific, Europe and the rest of the world. The North American region is one of the principal regions across the world in terms of market share in the active electronic components market owing to the vast demand for security system and business intelligence. This factor is driving the market growth of active electronic components favorably and is expected to do so in the forecast period. Though, the Asia Pacific region is anticipated to beat the other regions in the coming years because of the increasing need and demand for energy-efficient devices and development in the use of smartphones. The Asia Pacific region’s countries such as India, China, and Japan are gaining in the active electronic components market owing to the growing penetration of high-tech devices, augmented necessity for miniaturization, expansion in auto electronics, economic growth, rising digitization, speedy industrialization and many more.
Segmentation:
The segmental analysis of the active electronic components market globally is conducted on the basis of product type, region, and end users. Based on product types, the active electronic components market is segmented into display technologies, optoelectronic devices, semiconductor devices, vacuum tube, and others. The end user segment of the active electronic components market is segmented into healthcare, consumer electronics, automotive, information technology, aerospace & defense, and others. The regions considered in the active electronic components market are Asia Pacific, North America, Europe and the rest of the world.
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Intended Audience:
- 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
List of Tables
TABLE 1 GLOBAL ACTIVE ELECTRONIC COMPONENTS MARKET, BY PRODUCT TYPE, 2016-2022,
TABLE 2 GLOBAL ACTIVE ELECTRONIC COMPONENTS MARKET, BY END-USER, 2016-2022,
TABLE 3 GLOBAL ACTIVE ELECTRONIC COMPONENTS MARKET, BY REGION, 2016-2022,
TABLE 4 NORTH AMERICA ACTIVE ELECTRONIC COMPONENTS MARKET, BY COUNTRY, 2016-2022,
TABLE 5 NORTH AMERICA ACTIVE ELECTRONIC COMPONENTS MARKET, BY PRODUCT TYPE
TABLE 6 NORTH AMERICA ACTIVE ELECTRONIC COMPONENTS MARKET, BY END-USER
Continued……
List of Figures
FIGURE 1 GLOBAL ACTIVE ELECTRONIC COMPONENTS MARKET: DRIVERS & RESTRAINTS
FIGURE 2 GLOBAL ACTIVE ELECTRONIC COMPONENTS: SUPPLY CHAIN
FIGURE 3 GLOBAL ACTIVE ELECTRONIC COMPONENTS MARKET: PORTER’S FIVE FORCES ANALYSIS
FIGURE 4 GLOBAL ACTIVE ELECTRONIC COMPONENTS MARKET, BY PRODUCT TYPE, 2016-2022,
Continued……
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