Market Insights - Industry Research Report

Active Electronic Components Market

Active Electronic Components Market Size, Share, Growth & Trends Analysis Report by Product Type (Semiconductor Devices, Vacuum Tubes, Display Devices), By End-user (Consumer Electronics, Automotive, Manufacturing, Aerospace & Defense & Others), By Region, Premium Insights and Segment Forecasts, 2024 – 2032

The Global Active Electronic Components Market Size Was Valued at USD 343.59 Billion In 2023 And is Expected to Reach Over USD 642.38 Billion By 2032, Expanding Growth at a Notable CAGR Of 7.2% From 2024 To 2032.

Active electronic components encompass devices capable of amplifying, switching, or storing electronic signals and necessitate an external power source for operation. They find applications across diverse sectors, including telecommunications, automotive, industrial automation, and consumer electronics. Common examples encompass transistors, diodes, operational amplifiers, and microprocessors.

The market for active electronic components is undergoing substantial growth, propelled by key factors and recent developments. One major driver is the escalating demand for advanced consumer electronics and smart devices. The widespread adoption of smartphones, tablets, wearables, and IoT devices necessitates essential components like microprocessors, integrated circuits, and sensors.

A contributing factor to this growth is the increasing adoption of automation and digitalization across industries. Sectors such as automotive, healthcare, industrial, and aerospace are witnessing expansion, resulting in a heightened demand for active electronic components in applications such as control systems, power management, and communication.

Advancements in semiconductor technologies, particularly in terms of miniaturization and increased integration capabilities, have further fueled market growth. The development of smaller, more efficient, and high-performance active electronic components has facilitated the creation of innovative products and solutions.

Additionally, the emphasis on renewable energy sources and energy-efficient systems has stimulated demand for active electronic components in power generation, distribution, and management. Integrating components like power electronics and inverters into renewable energy systems enhances energy conversion and utilization efficiency.

Recent market developments include the emergence of advanced packaging technologies like System-on-Chip (SoC) and System-in-Package (SiP). These technologies offer improved performance, reduced form factors, and enhanced functionality.

Furthermore, ongoing efforts by industry players in research and development activities aimed at improving product performance, reliability, and sustainability have contributed to market growth.

In conclusion, the active electronic components market is experiencing substantial growth driven by factors such as the increasing demand for consumer electronics, automation trends, advancements in semiconductors, initiatives in renewable energy, and the emergence of advanced packaging technologies. The market is anticipated to continue expanding as technology evolves and new applications arise.

Active Electronic Components Market

Product Type Insights

The semiconductor segment is overwhelmed with a revenue share of 56.2% in 2023 and is also expected to witness the most rapid CAGR of over 6.8% during the forecast years. The active electronic components market can be segmented based on product type, with some of the most common types including Semiconductor Devices, Vacuum tubes (Diode, Transistors, Integrated Circuits (ICs) & Optoelectronics), Display Devices & Others. ICs, the sub-segment of semiconductor devices, vanquished the overall market with a revenue share of 53.6% in 2022 and is also to witness the speediest CAGR of over 7.9% in the upcoming years. Integrated circuits, which include microprocessors and memory chips, are expected to be the fastest-growing segment due to the increasing demand for high-performance computing and data storage applications.

End-user Insights

End-users of active electronic components include Consumer Electronics, Networking & Telecommunication, Automotive, Manufacturing, Aerospace & Defense, Healthcare, & Others. The consumer electronics segment is expected to dominate the market due to the increasing popularity of intelligent devices and the growing demand for high-speed data transfer. The consumer electronics segment held the biggest revenue share of 29.8% in 2022. It is expected to rise at the fastest CAGR of over 6.8% during the forecast years. Active electronics components are anticipated to grow over the forecast years due to expanded demand for network devices and other IT equipment.

Regional Insights

The global active electronic components market is geographically segmented into North America, Europe, Asia-Pacific, Latin America, the Middle East, and Africa. Asia-Pacific is expected to dominate the market due to the presence of major electronics manufacturers in countries like China, Japan, and South Korea. Asia Pacific held the highest revenue share of 53.9% in 2023. Asia Pacific overlooks the global electronics sector and is considered a manufacturing powerhouse for consumer electronics.

Key Companies & Market Share Insights:

Some of the key players in the active electronic components market include:

  1. Infineon Technologies AG
  2. Advanced Micro Devices, Inc.
  3. STMicroelectronics N.V.
  4. Microchip Technology, Inc.
  5. Analog Devices, Inc.
  6. Broadcom Inc.
  7. NXP Semiconductors N.V.
  8. Intel Corporation
  9. Monolithic Power Systems, Inc.
  10. Texas Instruments Incorporated
  11. Qualcomm Inc.
  12. Renesas Electronics Corporation
  13. Semiconductor Components Industries, LLC
  14. Toshiba Corporation
Global Active Electronic Components Market Segmentation

This report forecasts market revenue growths at global, regional, as well as at country levels and presents an analysis of the qualitative and quantitative industry trends in each of the sub-segments from 2018 to 2032:

  • Active Electronic Components Market by Product Type Outlook (Revenue, USD Million, 2018 – 2032)
    1. Semiconductor Devices
      • Diode
      • Transistors
      • Integrated Circuits (ICs)
      • Optoelectronics
    2. Vacuum Tube
    3. Display Devices
    4. Others
  • Active Electronic Components Market by End-user Outlook (Revenue, USD Million, 2018 – 2032)
    1. Consumer Electronics
    2. Networking & Telecommunication
    3. Automotive
    4. Manufacturing
    5. Aerospace & Defense
    6. Healthcare
    7. Others
  • Active Electronic Components Market by Regional Outlook (Revenue, USD Million, 2018 – 2032)
    • North America
      • The U.S.
      • Canada
    • Europe
      • Germany
      • The U.K.
      • France
    • Asia-Pacific
      • China
      • India
      • Japan
      • South Korea
    • Latin America
      • Brazil
      • Mexico
    • Middle East & Africa
Active Electronic Components Market Report Scope
Report AttributeDetails
Market Size Value in 2023USD 343.59 billion
Revenue Forecast in 2032USD 642.38 billion
Growth RateCAGR of 7.2 % from 2024 to 2032
Base Year for Estimation2023
Historical Data2018 – 2023
Forecast Years2024 – 2032
Quantitative UnitsRevenue in USD million and CAGR from 2024 to 2032
Report CoverageRevenue forecast, company ranking, Trends
competitive landscape, and growth factors
Segments CoveredProduct Type, End-User, and Region
Regional ScopeNorth America; Europe; Asia Pacific; Latin America; Middle East & Africa
Country ScopeU.S.; Canada; U.K.; Germany; China; India; Japan; Brazil; Mexico and Others
Key Companies ProfiledInfineon Technologies AG; Advanced Micro Devices, Inc.; STMicroelectronics N.V.; Microchip Technology, Inc.; Analog Devices, Inc.; Broadcom Inc.; NXP Semiconductors N.V.; Intel Corporation; Monolithic Power Systems, Inc.; Texas Instruments Incorporated; Qualcomm Inc.; Renesas Electronics Corporation; Semiconductor Components Industries, LLC; Toshiba Corporation

Frequently Asked Questions

The global active electronic components market size reached at USD 343.59 billion in 2023 and is projected hit over USD 642.38 billion by 2032.
Some of the key players operating in the active electronic components market include Infineon Technologies AG; NXP Semiconductors NV; Texas Instruments Incorporated; Toshiba Corporation; STMicroelectronics; Semiconductor Components Industries, LLC; Intel Corporation; Maxim Integrated; Renesas Electronics Corporation; Broadcom Inc.; Qualcomm Inc.; Analog Devices, Inc.; Advanced Micro Devices; and Microchip Technology Inc.
The global active electronic components market is growing at a compound annual growth rate (CAGR) of 7.2% during the forecast period from 2024 to 2032.
Asia Pacific held the highest revenue share of over 53.9% in 2023 in the active electronic components market and is estimated to exhibit the fastest CAGR from 2024 to 2032. The market growth in APAC is credited to the presence of a huge consumer electronics sector in the region.


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