Active Electronic Components

Active Electronic Components

Global Active Electronic Components Market to Reach US$550.1 Billion by 2030

The global market for Active Electronic Components estimated at US$336.5 Billion in the year 2023, is expected to reach US$550.1 Billion by 2030, growing at a CAGR of 7.3% over the analysis period 2023-2030. Semiconductor Devices, one of the segments analyzed in the report, is expected to record a 8.3% CAGR and reach US$289.1 Billion by the end of the analysis period. Growth in the Display Devices segment is estimated at 6.1% CAGR over the analysis period.

The U.S. Market is Estimated at US$88.2 Billion While China is Forecast to Grow at 11.0% CAGR

The Active Electronic Components market in the U.S. is estimated at US$88.2 Billion in the year 2023. China, the world`s second largest economy, is forecast to reach a projected market size of US$135.9 Billion by the year 2030 trailing a CAGR of 11.0% over the analysis period 2023-2030. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at a CAGR of 3.6% and 6.6% respectively over the analysis period. Within Europe, Germany is forecast to grow at approximately 4.3% CAGR.

Global Active Electronic Components Market – Key Trends & Drivers Summarized

How Are Active Electronic Components Shaping Modern Electronics?

Active electronic components, including transistors, diodes, and integrated circuits (ICs), are fundamental to modern electronics, providing the building blocks for virtually every electronic device. These components regulate the flow of electricity, amplify signals, and store or process data, making them essential for devices ranging from smartphones and computers to industrial machines and medical equipment. The miniaturization of electronic components, driven by advancements in semiconductor technology, has enabled the development of more powerful, efficient, and compact devices. With the rapid evolution of consumer electronics, telecommunications, and automotive technologies, active electronic components are at the heart of these innovations, supporting trends such as the Internet of Things (IoT), 5G, and autonomous vehicles.

What Role Do Active Electronic Components Play in Emerging Technologies?

Emerging technologies like IoT, 5G networks, and artificial intelligence (AI) rely heavily on the functionality of active electronic components. In IoT devices, sensors, microcontrollers, and communication modules work together to collect and process data, and all of these components are driven by active electronics. The rollout of 5G networks, which promises faster data transmission and lower latency, is fueling the demand for advanced integrated circuits, transistors, and diodes that can handle high-frequency operations. Similarly, AI applications require powerful processors and memory units to manage complex algorithms and data analysis. As these technologies become more integrated into daily life, the demand for cutting-edge active electronic components will continue to grow.

How Is the Electronics Manufacturing Industry Adapting to Rising Demand?

The global electronics manufacturing industry is investing heavily in research and development to meet the rising demand for more efficient and powerful active electronic components. Semiconductor manufacturers are focusing on producing smaller, faster, and more energy-efficient components to keep pace with the rapid growth of consumer electronics and industrial automation. Advances in materials science, such as the development of silicon carbide (SiC) and gallium nitride (GaN) semiconductors, are also improving the performance of power electronics, especially in high-power applications like electric vehicles and renewable energy systems. Additionally, manufacturers are leveraging automation and AI to optimize production processes, reduce costs, and improve yield rates.

What Is Driving Growth in the Active Electronic Components Market?

The growth in the active electronic components market is driven by several factors, including the increasing demand for consumer electronics, advancements in semiconductor technology, and the expansion of emerging technologies such as IoT, AI, and 5G. The proliferation of smart devices and connected systems has created a surge in demand for components like transistors and ICs. The automotive sector’s shift towards electric and autonomous vehicles is also fueling demand for advanced electronics. Furthermore, the need for energy-efficient and high-performance power management solutions in industries like renewable energy and telecommunications is contributing to market expansion. These trends are propelling the active electronic components market towards sustained growth.

Select Competitors (Total 71 Featured) -

• Analog Devices, Inc.
• Diotec Semiconductor AG
• Everlight Electronics Co., Ltd
• Fairchild Semiconductor International Inc.
• Infineon Technologies AG
• Maxim Integrated Products, Inc.
• NXP Semiconductors NV
• ON Semiconductor Corporation
• Panasonic Corporation
• Renesas Electronics America, Inc.
• STMicroelectronics NV
• Texas Instruments, Inc.
• Toshiba Corporation
• Vishay Intertechnology, Inc.

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