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). Active electronic components are electronic products that are designed to produce atomic reactions in electrical systems by displacing electrons. This activity generates the energy that these electrical systems need to function and operate.
COVID-19 Analysis
COVID-19 was indeed a novel virus that disturbed the world last year. Many governments realized early on that this was indeed a very dangerous virus that needed to be contained. They did so by imposing temporary lockdowns and quarantines. This had limited effect. Many industries were affected because they were forced to either halt operations altogether temporarily or dramatically slow operations down.
The active electronic components market was one of the markets and industries that was adversely affected by COVID-19. Many manufacturers found that they had to dramatically slow operations down. This resulted in severe shortages of electrical energy in many parts of the world.
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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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