Active Electronic Components Market Expected to Raise Moderately over 2022
The study reveals that Active Electronic Component is
trending in North America region. The active electronic components is gaining
demand in the market is due to increase in consumer electronics and automation
across various organizations.
The growth of the electronics industry has triggered the expansion
of electronic component industry as well. The electronic components produced in
North America include, among others, Picture Tubes, Diodes, Transistors, Power
devices, Resistors, Capacitors, Switches, Relays, Connectors, Magnetic heads,
etc.
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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 global active
electronic component market is growing rapidly over ~10% of CAGR and is
expected to reach at USD ~ 330 billion by the end of forecast period
Taste the market data and market information presented through more
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2023”.
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Global
Active Electronic Components Market Segmentation:
The global active
electronic components is segmented on the basis of product type and end-users.
On the basis of product type the segment is further classified into
semiconductor devices, optoelectronic devices, display technologies, vaccum
tube and others. On the basis of end-users the segment is further classified
into consumer electronics, healthcare, automotive, aerospace & defense,
information technology and others.
Some of the key
players in the market are 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) and Maxim Integrated (U.S.)
Market
Research Analysis:
On geographic basis, global active electronic components market is
studied in different regions as North America, Europe, Asia-Pacific and Rest of
world. It has been observed that North America region is leading with market
share growth in the active electronic component market. The active electronic
components are gaining huge demand due to the increasing automation across
industries and rise in internet of things (IoT) in these regions. In this
market, Asia Pacific is to be estimated to be the second largest market share
for active electronic components during the forecast period due to the
increasing demand of increasing penetration of high-tech devices, increased
requirement of miniaturization, developments of auto electronics, economic
development, growing digitization, rapid industrialization. Asia Pacific
is expected to gain highest CAGR in the coming years due to rise in industrial
automation and rise in usage of consumer electronics.
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