Active Electronic Components Market Overview
Acknowledging the
accruals this market is garnering currently, Market Research Future (MRFR), in
its recently published study report foretells that the global Active
Electronic Components Market
surging exponentially by 2022, will register a phenomenal CAGR during the
calculated period (2016 – 2022).
Other factors
propelling the market growth include augmented growth of smart automobiles,
industrial machinery, and infrastructure. Additionally, burgeoning Internet of
Things (IoT) industry which is likely to add billions of new units on the
Internet is contributing the market growth. The new units including sensors,
data storage devices, computers, and related infrastructure will be able to
interact with each other integrating into software systems and networks. This
explains the augmented demand these electronic components will perceive in the
years to come.
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On the other hand,
volatility in the price, demand & supply raw materials is hampering the
market growth in some way. However, growing MEMS technology is expected to
provide a huge impetus to the market growth during 2016 – 2022.
The advancements in
active electronic components are the reason that MEMS technology has risen as
unparalleled technology today. The mobile phone is one of the obvious examples;
similarly, housing motion sensors, gyroscopes microphones, and speakers are
among the others.
Automotive MEMS can
also be found in emissions control, navigation, and braking systems. And,
opportunities for MEMS devices are appearing in many other applications, such
as biomedical sensors and drug delivery systems etc. It could be argued that
wearable devices wouldn’t have taken off without the benefit of MEMS.
Active
Electronic Components Market – Segmentation
MRFR has segmented
its analysis into three key dynamics for the convenience of understanding.
By Product
Types : Comprises optoelectronic
devices, semiconductor devices, display technologies, vaccum tube, and others.
By End Users : Consumer Electronics,
Healthcare, Automotive, Aerospace & Defence, Information Technology and
others.
By Regions : North America, Europe, APAC and
Rest-of-the-World (RoW).
Active
Electronic Components Market – Regional Analysis
The North American
market for active electronic components is dominating the global market
attributing to the huge demand of security system and business intelligence.
The region is followed by Europe region.
The Asia Pacific
region is emerging as the fastest growing market attributed to the augmented
market penetration of smartphones and the demand for energy-efficient devices.
China, India, and Japan are driving the regional market growth owing to the
growing penetration of high-tech devices, increased requirement of
miniaturization, developments of auto electronics, economic development,
growing digitization, rapid industrialization among other factors.
Active
Electronic Components Market – Competitive Landscape
The highly
competitive, active electronic components market appears to be fragmented.
Innovation, mergers & strategic partnership, and brand reinforcement remain
the key trends for leading players.
One of the major
concerns of manufacturers is managing the raw material expenses. To avoid
getting affected by fluctuations in price majority of the vendors are looking
for ways to mitigate risks associated with raw materials instability.
Key Players:
Some of the eminent
leaders of the market include Infineon Technologies AG (Germany), Hitachi AIC
Inc. (Japan), Texas NXP Semiconductors N.V. (Netherlands), STMicroelectronics
(Switzerland), Instruments, Inc. (U.S), Analog Devices, Inc. (U.S.), Panasonic
Corporation (Japan), Renesas Electric Corporation (Japan) Maxim Integrated
(U.S.), and Toshiba Corporation (Japan).
Industry/
Innovation /Related News:
October 17, 2018 -
AVX Corporation (US) a leading manufacturer of electronic components announced
the release of its new λ-Bridge (Lambda-Bridge) Series thermal conductors.
Constructed with high-quality aluminum nitride (AlN) or beryllium oxide (BeO)
materials, Lambda-Bridge thermal conductors provide efficient, cost-effective
thermal management solutions with reliable, repeatable performance in four
small EIA
February 07, 2018 -
AVX Corporation (US) a leading manufacturer of electronic components announced
the acquisition of Ethertronics Inc., a global provider of active and passive
Isolated Magnetic Dipole™ antenna systems developed for wireless applications
across mobile phones, defense, Wi-Fi, aerospace, healthcare, & IoT markets.
This deal will add Ethertronics’ award-winning products to AVX’s already
extensive portfolio extending the company’s reach in the global antenna
technology market and wireless equipment market.
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