Active Electronic Components Market Size, Share, Growth & Forecast 2032

Active Electronic Components Market Insights

According to the report published by Zion Market Research, the global Active Electronic Components Market size was valued at USD 330.45 Billion in 2023 and is predicted to reach USD 695.5 Billion by the end of 2032. The market is expected to grow with a CAGR of 8.62% during the forecast period. The report analyzes the global Active Electronic Components Market's growth drivers, restraints, and impact on demand during the forecast period. It will also help navigate and explore the arising opportunities in the Active Electronic Components industry.

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Global Active Electronic Components Market: Overview

Electronic components are a part of industrial products. They are used to affect the moments of electrons in the electronic system. Such electronic systems are divided into different types like electrochemical, passive, and active components. Active components are the ones that produce energy in the current or voltage form while passive components are the ones that store the energy in the current or voltage form.

Global Active Electronic Components Market: Growth Factors

Rapidly increasing demand for devices in consumer electronics like laptops and smartphones is a major factor driving the growth of the global active electronic components market. Moreover, the active electronic components are vital telecom equipment that requires an energy source to undergo the assigned task. The rapidly growing number of high bandwidth coupled with low latency has induced telecom operators particularly in the emerging economies like India and China to deploy next-generation 5G infrastructure. It has also propelled the demand for the active electronic component and thereby boosting the growth of the global active electronic components market.

Moreover, the on-going trend of automation particularly in the automotive sector has boosted the demand for different electrical devices like global posting systems, telematics, power integrated devices, DC to AC converters, and driver assistance systems. Thus the surging demand for electric cars has reduced the global carbon emission and thus it is expected that their demand will multiply significantly during the forecast period. The increasing concerns regarding the energy efficiency of the devices and the wide-scale adoption of IoT further bolstered the growth of the global active electronic components market.

The emergence of connected devices technology has increased operational efficiency and overall productivity by reducing downtime and increasing ease of operability.

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Global Active Electronic Components Market: Segmentation

The global active electronic components market can be segmented into end-users, products, and regions.

By end-users, the market can be segmented into healthcare, aerospace & defense, manufacturing, automotive, networking & telecommunication, consumer electronics, and others. The consumer electronics segment accounts for the largest share in the global active electronic components market owing to the increasing demand for the semiconductor devices used in consumer electronics like smartphones, laptops, set-top boxes, and many others. Moreover, the networking & telecommunications segment is expected to grow significantly due to the increasing demand for networking devices like repeaters, gateways, gaming devices, and many others, particularly in office automation and other IT hardware.

By products, the market can be segmented into display devices, vacuum tubes, semiconductor devices, and others. The semiconductor devices segment holds hegemony over others owing to the rapid adoption of semiconductor devices including personal computers, mobile phones, household appliances, and other networking equipment. Also, the ongoing trend of miniaturization and the innovative energy-efficient system are positively tracing the trajectory of the global active electronic components market during the forecast period.

Active Electronic Components Market: Report Scope

Global Active Electronic Components Market: Regional Analysis

Asia Pacific accounts for the largest share in the global active electronic components market owing to the presence of a huge consumer base in the region. Moreover, the presence of leading market players also contributes to the regional market growth. The high demand for energy-efficient devices in the region further propels the growth of the regional market.

North America holds the second-largest share in the global active electronic components market owing to the huge demand for business intelligence and security systems in the region.

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Global Active Electronic Components Market: Competitive Players

Some of the significant players in the global active electronic components market are:

• Renesas Electric Corporation.
• Hitachi AIC Inc.
• Panasonic Corporation
• Everlight Electronics Co., Ltd.
• Vishay Intertechnology, Inc.
• Toshiba Corporation
• NXP Semiconductors NV
• Diotec Semiconductor AG
• ON Semiconductor
• Analog Devices, Inc.
• Semiconductor Components Industries
• STMicroelectronics NV
• Maxim Integrated Products Inc.
• Texas Instruments, Inc.
• Broadcom Inc.
• Infineon Technologies AG
• Fairchild Semiconductor International, Inc.
• STMicroelectronics
• Microchip Technology Inc.
• Advanced Micro Devices
• Qualcomm Inc
• Intel Corporation.

Global Active Electronic Components Market: Segmentation Analysis

By products

• display devices
• vacuum tubes
• semiconductor devices
• others

By end-users

• healthcare
• aerospace & defense
• manufacturing
• automotive
• networking & telecommunication
• consumer electronics
• others

Global Active Electronic Components Market: Regional Segment Analysis

• North America
  • The U.S.
  • Canada
• Europe
  • France
  • The UK
  • Spain
  • Germany
  • Italy
  • Rest of Europe
• Asia Pacific
  • China
  • Japan
  • India
  • South Korea
  • Southeast Asia
  • Rest of Asia Pacific
• Latin America
  • Brazil
  • Mexico
  • Rest of Latin America
• Middle East & Africa
  • GCC
  • South Africa
  • Rest of Middle East & Africa

What Reports Provides

• Full in-depth analysis of the parent market
• Important changes in market dynamics
• Segmentation details of the market
• Former, on-going, and projected market analysis in terms of volume and value
• Assessment of niche industry developments
• Market share analysis
• Key strategies of major players
• Emerging segments and regional markets
• Testimonials to companies in order to fortify their foothold in the market.