The Active Electronic Components Market Size was valued at USD 318.5 billion in 2023 and is expected to reach USD 569.6 billion by 2032 and grow at a CAGR of 6.69 % over the forecast period 2024-2032.
An electronic component is a fundamental physical device or entity in an electronic system that affects electrons or their associated fields. Active electronic components, passive electronic components, and electromechanical components are the three major types of electronic components.
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Active electronic components can amplify a signal and have an electronic filter to generate power gain. An oscillator, integrated circuit, or transistor is an example of an active electronic component. These components work as an alternating current circuit in a device to increase or generate voltage, active power, or current. To function, all active electronic components require a source of energy, which is typically supplied by a DC circuit.
KEY DRIVERS:
Consumer electronics and automation are becoming more prevalent in various organisations.
Increasing adoption of Internet of Things (IoT).
RESTRAINTS:
Rising Raw Material Prices.
Supply Shortage of Electronic Components.
OPPORTUNITIES:
Manufacturing of Energy-Efficient Equipment is on the rise.
CHALLENGES:
Enhancing Material Properties.
COVID-19 was a novel virus that wreaked havoc on the world last year. Many governments quickly recognised that this was a very dangerous virus that needed to be contained. They accomplished this by enacting temporary lockdowns and quarantines. This had only a minor impact. Many industries were impacted because they were forced to either temporarily halt operations or drastically slow operations. COVID-19 had a negative impact on the active electronic components market, among other markets and industries. Many manufacturers discovered that they had to drastically reduce production. As a result, many parts of the world experienced severe electrical energy shortages.
Based on, the active electronic components market is segmented into Optoelectronic Devices, Vacuum Tubes, Semiconductor Devices, and Display Technologies. The semiconductor devices segment had the highest revenue share and is expected to grow at the fastest CAGR between 2023 and 2030. The segment's expansion can be attributed to the widespread use of semiconductor devices in a variety of applications such as household appliances, mobile phones, Personal Computers (PCs), and network equipment. Furthermore, the current trend of miniaturisation and the development of energy-efficient systems is positively impacting demand for semiconductor devices and related components.
Based on, the active electronic components market is segmented into Healthcare, Consumer Electronics, Telecommunication, Manufacturing, Information Technology, Automotives, Aerospace and Defense. The consumer electronics segment will lead the global market, accounting for the highest revenue share. Over the forecast period, the segment is expected to grow at the fastest CAGR of more than 11%. The increased demand for semiconductor devices for various consumer devices such as mobile phones, digital cameras, Set-Top Boxes (STB), wearable devices, gaming devices, and others is primarily responsible for the growth.
BY PRODUCT
Optoelectronic Devices
Vacuum Tubes
Display Technologies
BY END-USER
Healthcare
Consumer Electronics
Telecommunication
Manufacturing
Information Technology
Automotives
Aerospace And Defense
North America currently holds the largest regional market share. The European Union is ranked second. The Asia-Pacific region comes next. The reason that the North American region has the largest market share of any region in the world is that security systems are heavily used in the nations that comprise the North American continent (Mexico, Canada, and the USA). The Asia-Pacific region has the world's highest regional CAGR of any region. The rapidly increasing demand for a variety of devices that consume large amounts of electrical energy is driving growth in this region. Smartphones, mobile devices, wearable devices, and other similar devices fall into this category. Three Asian countries are driving growth in the Asia-Pacific region's active electronic components market. These countries are China, India, and Japan.
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REGIONAL COVERAGE:
North America
USA
Canada
Mexico
Europe
Germany
UK
France
Italy
Spain
The Netherlands
Rest of Europe
Asia-Pacific
Japan
south Korea
China
India
Australia
Rest of Asia-Pacific
The Middle East & Africa
Israel
UAE
South Africa
Rest of Middle East & Africa
Latin America
Brazil
Argentina
Rest of Latin America
The key players in the active electronic components market are Infineon Technologies, Texas Instruments, Intel, Broadcom, Microchip Technology, Monolithic Power, NXP Semiconductors, Toshiba, Maxim Integrated, Qualcomm, Analog Devices and Other Players.
Texas Instruments-Company Financial Analysis
| Report Attributes | Details |
|---|---|
| Market Size in 2023 | US$ 318.5 Billion |
| Market Size by 2032 | US$ 569.6 Billion |
| CAGR | CAGR of 6.69% From 2024 to 2032 |
| Base Year | 2023 |
| Forecast Period | 2024-2032 |
| Historical Data | 2020-2021 |
| Report Scope & Coverage | Market Size, Segments Analysis, Competitive Landscape, Regional Analysis, DROC & SWOT Analysis, Forecast Outlook |
| Key Segments | • By Product (Optoelectronic Devices, Vacuum Tubes, Semiconductor Devices, Display Technologies) • By End-User (Healthcare, Consumer Electronics, Telecommunication, Manufacturing, Information Technology, Automotives, Aerospace And Defense) |
| Regional Analysis/Coverage | North America (USA, Canada, Mexico), Europe (Germany, UK, France, Italy, Spain, Netherlands, Rest of Europe), Asia-Pacific (Japan, South Korea, China, India, Australia, Rest of Asia-Pacific), The Middle East & Africa (Israel, UAE, South Africa, Rest of Middle East & Africa), Latin America (Brazil, Argentina, Rest of Latin America) |
| Company Profiles | Infineon Technologies, Texas Instruments, Intel, Broadcom, Microchip Technology, Monolithic Power, NXP Semiconductors, Toshiba, Maxim Integrated, Qualcomm, and Analog Devices. |
| Key Drivers | • Increasing adoption of Internet of Things (IoT). |
| RESTRAINTS | • Rising Raw Material Prices. • Supply Shortage of Electronic Components. |
Ans: The Active Electronic Components market size is expected to reach USD 535 billion by 2031.
The market has been segmented with respect to product and end-user.
North America currently holds the largest regional market share. The European Union is ranked second. The Asia-Pacific region comes next.
Yes, and they are Raw material vendors, Distributors/traders/wholesalers/suppliers, Regulatory authorities, including government agencies and NGO, Commercial research & development (R&D) institutions, Importers and exporters, Government organizations, research organizations, and consulting firms, Trade/Industrial associations, End-use industries.
Ans: The Active Electronic Components Market is to grow at a CAGR of 9.1% over the forecast period 2023-2030.
Table of Contents
1. Introduction
1.1 Market Definition
1.2 Scope
1.3 Research Assumptions
2. Research Methodology
3. Market Dynamics
3.1 Drivers
3.2 Restraints
3.3 Opportunities
3.4 Challenges
4. Impact Analysis
4.1 COVID-19 Impact Analysis
4.2 Impact of Ukraine- Russia war
4.3 Impact of ongoing Recession
4.3.1 Introduction
4.3.2 Impact on major economies
4.3.2.1 US
4.3.2.2 Canada
4.3.2.3 Germany
4.3.2.4 France
4.3.2.5 United Kingdom
4.3.2.6 China
4.3.2.7 Japan
4.3.2.8 South Korea
4.3.2.9 Rest of the World
5. Value Chain Analysis
6. Porter’s 5 forces model
7. PEST Analysis
8. Active Electronic Components Market Segmentation, by product
8.1Introduction
8.2 Optoelectronic Devices
8.3 Vacuum Tubes
8.4 Semiconductor Devices
8.5 Display Technologies
9. Active Electronic Components Market Segmentation, by end-user
9.1Introduction
9.2 Healthcare
9.3 Consumer Electronics
9.4 Telecommunication
9.5 Manufacturing
9.6 Information Technology
9.7 Automotives
9.8 Aerospace and Defense
10. Regional Analysis
10.1 Introduction
10.2 North America
10.2.1 USA
10.2.2 Canada
10.2.3 Mexico
10.3 Europe
10.3.1 Germany
10.3.2 UK
10.3.3 France
10.3.4 Italy
10.3.5 Spain
10.3.6 The Netherlands
10.3.7 Rest of Europe
10.4 Asia-Pacific
10.4.1 Japan
10.4.2 South Korea
10.4.3 China
10.4.4 India
10.4.5 Australia
10.4.6 Rest of Asia-Pacific
10.5 The Middle East & Africa
10.5.1 Israel
10.5.2 UAE
10.5.3 South Africa
10.5.4 Rest
10.6 Latin America
10.6.1 Brazil
10.6.2 Argentina
10.6.3 Rest of Latin America
11. Company Profiles
11.1 Maxim Integrated
11.1.1 Financial
11.1.2 Products/ Services Offered
11.1.3 SWOT Analysis
11.1.4 The SNS view
11.2 Infineon Technologies
11.3 Texas Instruments
11.4 Intel
11.5 Broadcom
11.6 Microchip Technology
11.7 Monolithic Power
11.8 NXP Semiconductors
11.9 Toshiba
11.10 Qualcomm
11.11 Analog Devices
12. Competitive Landscape
12.1 Competitive Benchmark
12.2 Market Share Analysis
12.3 Recent Developments
13. Conclusion
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