The global electronic components market is valued at approximately USD 273.25 billion in 2019 and expected to hit US$ 521.11 Bn by 2027. This anticipated to grow with a healthy growth rate of more than 12.30% over the forecast period 2020-2027.
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Precedence Research, Recently Published Report on titled "Active Electronic Components Market (By Product Type: Semiconductor Devices (Transistors, Diodes, Optoelectronic Components, And Integrated Circuits) And Display Devices (Cathode-Ray Tubes, Microwave Tubes, X-Ray Tubes, Triodes, And Photoelectric Tubes), And Other Devices) - Global Market Size, Trends Analysis, Segment Forecasts, Regional Outlook 2020 - 2027". The report offers an up-to-date analysis regarding the current market scenario, latest trends and drivers, market share analysis, potential challenges, profitability graph and the overall market environment.
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Growth Factors
The rising trend for autonomous vehicles is propelling the demand for various electronic devices, such as DC to AC converter, driver assistance system, power integrated devices, controllers, Global Positioning Systems (GPS), and telematics among others. These devices are largely used in autonomous and electric vehicles. In addition, the government initiative to spur the adoption of electric vehicle for the reduction in carbon emission has driven the demand for active electronic components across the world. Governments of several regions such as U.S., Europe, China, and India are adopting low carbon emission vehicles to reduce the stress on environment.
Moreover, rising penetration of IoT for the digitization has further transformed the electronics market. Today, consumers prefer smart and connected solutions to access the ease in controlling and monitoring their devices. These aforementioned factors are projected to boost the demand for active electronic components significantly in the coming years.
Report Highlights
- North America dominated the global active electronic components market in 2019. The prime factor contributing to its revenue growth is early adoption of new technologies such as vehicle automation system, hybrid and electric cars, and smart home devices.
- The Asia Pacific is the most lucrative region for the active electronic components market and seems to register the fastest growth over the forecast period. The explicit growth of the region is primarily due to significant consumer electronic market in the region. China, India, Japan, and South Korea expected to encounter attractive demand for consumer electronic product in the region.
- Semiconductor devices segment held the maximum revenue share of early 50% in the global active electronic components market in 2019. The growth is mainly attributed to the lucrative demand for integrated circuits owing to advent of 5G network infrastructure and other rapid technologies in the coming years.
Key Market Players and Strategies
The global active electronic components market is highly fragmented and competitive with the presence of large number of global and regional players. The market players are significantly engaged in the technological advancement, regional expansion, and merger & acquisitions to retain their footprint in the global market. Furthermore, the market is highly vulnerable for the new market entrants that build pressure on the existing market players to come up with new and attractive components. Apart from this, brand name plays a significant role in the choice of active electronic component market player as it provides assistance to its consumers from quality and pricing view.
Some of the prominent players in the active electronic components market include:
- Infineon Technologies AG
- Fairchild Semiconductor International, Inc.
- Maxim Integrated Products Inc.
- Texas Instruments, Inc.
- Analog Devices, Inc.
- ST Microelectronics NV
- Diotec Semiconductor AG
- ON Semiconductor
- Toshiba Corporation
- NXP Semiconductors NV
- Everlight Electronics Co., Ltd.
- Vishay Intertechnology, Inc.
- Renesas Electric Corporation
- Panasonic Corporation
Market Segmentation
By Product Type
- Semiconductor Devices
- Transistors
- Diodes
- Optoelectronic Components
- Integrated Circuits
- Display Devices
- Cathode-ray Tubes
- Microwave Tubes
- X-ray Tubes
- Triodes
- Photoelectric Tubes
- Other Devices
Regional Segmentation
- North America (United States, Canada)
- Europe (Germany, France, UK, Italy, Russia and Rest of Europe)
- Asia-Pacific (China, Japan, India, Southeast Asia, Korea and Rest of Asia Pacific)
- Latin America (Brazil and Rest of Latin America)
- The Middle East and Africa (GCC, North Africa, South Africa and Rest of Middle East & Africa)
Regional Snapshots
North America is the major revenue generator in 2019 and expected to grow with rapid pace during the forecast period. With the explosive growth in connected cars, telecom providers such as AT&T and many other telecom companies have shifted their focus from tradition network towards 5G network infrastructures. The next-generation mobile network analyzed to offer seamless connectivity to vehicles. Besides this, prominent spending in smart city projects by the U.S. government offer huge opportunity for the growth of active electronic components market. In November 2016, the U.S. government announced to append approx. US$ 160 Mn for the smart city initiative over the next five years.
The Asia Pacific offers lucrative growth over the forecast period owing to presence of leading consumer electronics manufacturers such as BBK electronics, Xiaomi Corporation, Samsung Electronics Co., Ltd., and many others. Moreover, the rising demand for industrial automated systems such as Supervisory Control and Data Acquisition (SCADA), Programmable Logic Controllers (PLCs), and other automated solutions that are designed using various electronic components. Aforementioned factors projected to trigger the market growth in the region.
Why should you invest in this report?
If you are aiming to enter the global electronic components market, this report is a comprehensive guide that provides crystal clear insights into this niche market. All the major application areas for electronic components are covered in this report and information is given on the important regions of the world where this market is likely to boom during the forecast period of 2020-2027 so that you can plan your strategies to enter this market accordingly.
Besides, through this report, you can have a complete grasp of the level of competition you will be facing in this hugely competitive market and if you are an established player in this market already, this report will help you gauge the strategies that your competitors have adopted to stay as market leaders in this market. For new entrants to this market, the voluminous data provided in this report is invaluable.
Data points covered under electronic components market research study:
- The historic and forecast market estimation from years 2016 to 2027
- Market estimation and research analysis for the global market by distribution channel
- Market estimation and research analysis for the global market by region
- Research analysis on market dynamics including drivers, restraints, opportunities, trends, and market challenges.
- Competitive scenery and business strategies by key players
- SWOT Analysis
- PORTER's five force research analysis
- PEST Analysis
- DR impact analysis
- Heat map analysis
- Investment feasibility analysis
Key Questions Answered by the Report:
- What will be the size of the global electronic components market in 2027?
- What is the expected CAGR for the electronic components market between 2020 and 2027?
- Which are the top players active in this global market?
- What are the key drivers of this global market?
- How will the market situation change in the coming years?
- Which region held the highest market share in this global market?
- What are the common business tactics adopted by players?
- What is the growth outlook of the global electronic components market?
Chapter 1. Introduction
1.1. Research Objective
1.2. Scope of the Study
1.3. Definition
Chapter 2. Research Methodology
2.1. Research Approach
2.2. Data Sources
2.3. Assumptions & Limitations
Chapter 3. Executive Summary
3.1. Market Snapshot
Chapter 4. Market Variables and Scope
4.1. Introduction
4.2. Market Classification and Scope
4.3. Industry Value Chain Analysis
Chapter 5. Market Dynamics Analysis and Trends
5.1. Market Dynamics
5.1.1. Market Drivers
5.1.2. Market Restraints
5.1.3. Market Opportunities
5.2. Porter’s Five Forces Analysis
5.2.1. Bargaining power of suppliers
5.2.2. Bargaining power of buyers
5.2.3. Threat of substitute
5.2.4. Threat of new entrants
5.2.5. Degree of competition
Chapter 6. Competitive Landscape
6.1.1. Company Market Share/Positioning Analysis
6.1.2. Key Strategies Adopted by Players
6.1.3. Vendor Landscape
6.1.3.1. List of Suppliers
6.1.3.2. List of Buyers
Chapter 7. Global Active Electronic Components Market, By Product
7.1. Active Electronic Components Market, by Product Type, 2020-2027
7.1.1. Semiconductor Devices
7.1.1.1. Transistors
7.1.1.2. Diodes
7.1.1.3. Optoelectronic Components
7.1.1.4. Integrated Circuits
7.1.1.5. Market Revenue and Forecast (2016-2027)
7.1.2. Display Devices
7.1.2.1. Cathode-ray Tubes
7.1.2.2. Microwave Tubes
7.1.2.3. X-ray Tubes
7.1.2.4. Triodes
7.1.2.5. Photoelectric Tubes
7.1.2.6. Market Revenue and Forecast (2016-2027)
7.1.3. Other Devices
7.1.3.1. Market Revenue and Forecast (2016-2027)
Chapter 8. Global Active Electronic Components Market, Regional Estimates and Trend Forecast
8.1. North America
8.1.1. Market Revenue and Forecast, by Product (2016-2027)
8.1.2. U.S.
8.1.3. Rest of North America
8.1.3.1. Market Revenue and Forecast, by Product (2016-2027)
8.2. Europe
8.2.1. Market Revenue and Forecast, by Product (2016-2027)
8.2.2. UK
8.2.2.1. Market Revenue and Forecast, by Product (2016-2027)
8.2.3. France
8.2.3.1. Market Revenue and Forecast, by Product (2016-2027)
8.2.4. Rest of Europe
8.2.4.1. Market Revenue and Forecast, by Product (2016-2027)
8.3. APAC
8.3.1. Market Revenue and Forecast, by Product (2016-2027)
8.3.2. India
8.3.2.1. Market Revenue and Forecast, by Product (2016-2027)
8.3.3. China
8.3.3.1. Market Revenue and Forecast, by Product (2016-2027)
8.3.4. Japan
8.3.4.1. Market Revenue and Forecast, by Product (2016-2027)
8.3.5. Rest of APAC
8.3.5.1. Market Revenue and Forecast, by Product (2016-2027)
8.4. MEA
8.4.1. Market Revenue and Forecast, by Product (2016-2027)
8.4.2. GCC
8.4.2.1. Market Revenue and Forecast, by Product (2016-2027)
8.4.3. North Africa
8.4.3.1. Market Revenue and Forecast, by Product (2016-2027)
8.4.4. South Africa
8.4.4.1. Market Revenue and Forecast, by Product (2016-2027)
8.4.5. Rest of MEA
8.4.5.1. Market Revenue and Forecast, by Product (2016-2027)
8.5. Latin America
8.5.1. Market Revenue and Forecast, by Product (2016-2027)
8.5.2. Brazil
8.5.2.1. Market Revenue and Forecast, by Product (2016-2027)
8.5.3. Rest of LATAM
8.5.3.1. Market Revenue and Forecast, by Product (2016-2027)
Chapter 9. Company Profiles
9.1. Infineon Technologies AG
9.1.1. Company Overview
9.1.2. Product Offerings
9.1.3. Financial Performance
9.1.4. Recent Initiatives
9.2. Fairchild Semiconductor International, Inc.
9.2.1. Company Overview
9.2.2. Product Offerings
9.2.3. Financial Performance
9.2.4. Recent Initiatives
9.3. Maxim Integrated Products Inc.
9.3.1. Company Overview
9.3.2. Product Offerings
9.3.3. Financial Performance
9.3.4. Recent Initiatives
9.4. Texas Instruments, Inc.
9.4.1. Company Overview
9.4.2. Product Offerings
9.4.3. Financial Performance
9.4.4. Recent Initiatives
9.5. Analog Devices, Inc.
9.5.1. Company Overview
9.5.2. Product Offerings
9.5.3. Financial Performance
9.5.4. Recent Initiatives
9.6. ST Microelectronics NV
9.6.1. Company Overview
9.6.2. Product Offerings
9.6.3. Financial Performance
9.6.4. Recent Initiatives
9.7. Diotec Semiconductor AG
9.7.1. Company Overview
9.7.2. Product Offerings
9.7.3. Financial Performance
9.7.4. Recent Initiatives
9.8. ON Semiconductor
9.8.1. Company Overview
9.8.2. Product Offerings
9.8.3. Financial Performance
9.8.4. Recent Initiatives
9.9. Toshiba Corporation
9.9.1. Company Overview
9.9.2. Product Offerings
9.9.3. Financial Performance
9.9.4. Recent Initiatives
9.10. NXP Semiconductors NV
9.10.1. Company Overview
9.10.2. Product Offerings
9.10.3. Financial Performance
9.10.4. Recent Initiatives
9.11. Everlight Electronics Co., Ltd.
9.11.1. Company Overview
9.11.2. Product Offerings
9.11.3. Financial Performance
9.11.4. Recent Initiatives
9.12. Vishay Intertechnology, Inc.
9.12.1. Company Overview
9.12.2. Product Offerings
9.12.3. Financial Performance
9.12.4. Recent Initiatives
9.13. Renesas Electric Corporation
9.13.1. Company Overview
9.13.2. Product Offerings
9.13.3. Financial Performance
9.13.4. Recent Initiatives
9.14. Panasonic Corporation
9.14.1. Company Overview
9.14.2. Product Offerings
9.14.3. Financial Performance
9.14.4. Recent Initiatives
Chapter 10. Research Methodology
10.1. Primary Research
10.2. Secondary Research
10.3. Assumptions
Chapter 11. Appendix
11.1. About Us
11.2. Glossary of Terms
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