Global Active Electronic Components Market 2020: Size, Global Trends, Comprehensive Research Study, Development Status, Opportunities, Future Plans, Competitive Landscape and Growth by Forecast 2029

“Global Active Electronic Components Market Insights, Ongoing Trends, End-use Applications, Market Size, Growth, and Forecast to 2029” report available at Marketresearch.biz offers in-depth insights, revenue details, and other vital information regarding the global active electronic components market and the various trends, drivers, restraints, opportunities, and threats in the target market. In addition, the company profile section, contains detailed information regarding the key players operating in the target market. Key and recent developments, strategies, and acquisitions and mergers etc. are also included. In addition, the report includes revenues for each of the segments, and regions, along with growth rates and shares. The global active electronic components market is bifurcated on basis of product, end-use, and region.

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Active Electronic Components: Overview

Active electronic components or amplifying components are parts of a device or equipment that have ability to control flow and direction of electricity. For instance, a printed circuit board has minimum one active electronic component. Active components include transistors, silicon-controlled rectifiers, triode vacuum tubes, tunnel diodes, etc.

Dynamics: Global Active Electronic Components Market

Rapidly growing end-use industries of the product such as automotive, healthcare, etc. clubbed with increasing need for active electronic components for production of components are among major factors expected to drive market growth. In addition, booming trend of connected cars, especially in developed countries, and deployment of 5G infrastructure across various countries, by major telecom companies such as AT&T Inc., Verizon Inc. and others are other major factors expected to fuel market growth to significant extent.

Increasing number of consumer electronics manufacturers and inclining adoption of smartphones, tablets, PCs, laptops; routers, modems, etc. are also projected to continue to propel market growth in the years to come. Additionally, inclining trend of miniaturization of electronics and development of energy-efficient equipment is expected to augment demand for semiconductors as well as for related devices and components. Rising trend of smart homes, and smart cities is another major factor expected to have a positive impact on growth of the global market over the next 10 years.

Segment Analysis: Global Active Electronic Components Market

Analysis, by Product:

The semiconductor segment is expected to record largest revenue share in the target market, due to increasing adoption of semiconductor devices in applications such as home appliances, phones, personal computers, networking equipment, and others.

Analysis, by End-use:

Among the end-use segments, consumer electronics industry segment is expected to record highest revenue share and is projected to register highest CAGR over the 10-year forecast period. This can be attributable to constantly increasing demand and adoption of semiconductor devices to manufacture consumer electronic devices including smartphones, digital cameras, Set-top Boxes (STBs), gaming devices, wearable devices, and others. In addition to this, rising demand for network-related devices including modems, routers, repeaters, etc., especially in applications associated with office automation and residential sector, and various IT hardware, is expected to drive growth of the segment in the global market over the 10-year forecast period.

Regional Analysis: Global Active Electronic Components Market

Asia Pacific market is expected to account for majority revenue share and is estimated to index a substantially higher CAGR over the 10-year forecast period. Growth of this market is expected to be majorly driven by presence of large number of consumer electronics manufacturers such as BBK electronics, Samsung Electronics Co., Ltd., and Xiaomi Corporation, among others in countries in the region. In addition, increasing demand for several automated systems such as Programmable Logic Controllers (PLCs), Supervisory Control and Data Acquisition (SCADA), among others, especially in emerging economies including China, India, South Africa, etc. is another factor driving Asia Pacific market growth.

The North America and Europe markets are expected to record substantial revenue shares in the global market owing to increasing inclination towards connected cars, autonomous cars and rising number of initiatives taken by the government of the countries in the region for building smart cities.

Global Active Electronic Components Market Segmentation  

Segmentation by Product:

• Semiconductor Devices
  • Diodes
  • Transistors
  • Integrated Circuits (ICs)
  • Optoelectronics
• Vacuum Tubes
• Display Devices
• Others

Segmentation by End-use:

• Consumer Electronics
• Networking & Telecommunication
• Automotive
• Manufacturing
• Aerospace & Defense
• Healthcare
• Others

Segmentation by Region:

• North America
• Europe
• Asia Pacific
• Latin America
• Middle East and Africa