Active Electronic Components Market

The Global Active Electronic Components Market Size Was Valued at USD 320.51 Billion In 2022 And is Expected to Reach Over USD 558.98 Billion By 2030, Expanding Growth at a Notable CAGR Of 7.2% From 2023 To 2030.

Active electronic components are those that can amplify, switch, or store electronic signals. They require an external power source to function and are used in a wide range of applications including telecommunications, automotive, industrial automation, consumer electronics, and more. Some common examples of active electronic components include transistors, diodes, operational amplifiers, and microprocessors.

The active electronic components market has been experiencing significant growth, driven by various key factors and recent developments.

One of the major growth factors is the increasing demand for advanced consumer electronics and smart devices. The rapid proliferation of smartphones, tablets, wearables, and IoT devices has created a substantial need for active electronic components such as microprocessors, integrated circuits, and sensors.

Another contributing factor is the growing adoption of automation and digitalization across industries. The expansion of sectors like automotive, healthcare, industrial, and aerospace has led to a surge in demand for active electronic components for applications like control systems, power management, and communication.

Furthermore, advancements in semiconductor technologies, including miniaturization and increased integration capabilities, have bolstered market growth. The development of smaller, more efficient, and higher-performing active electronic components has enabled the creation of innovative products and solutions.

Additionally, the rising focus on renewable energy sources and energy-efficient systems has stimulated the demand for active electronic components in power generation, distribution, and management. The integration of components such as power electronics and inverters in renewable energy systems has facilitated efficient energy conversion and utilization.

Recent developments in the active electronic components market include the emergence of advanced packaging technologies, such as System-on-Chip (SoC) and System-in-Package (SiP), which offer enhanced performance, reduced form factor, and improved functionality.

Moreover, the continuous efforts of industry players towards research and development activities, aimed at enhancing product performance, reliability, and sustainability, have propelled market growth.

In conclusion, the active electronic components market is witnessing significant growth due to factors like increasing demand for consumer electronics, automation, semiconductor advancements, renewable energy initiatives, and recent developments in packaging technologies. The market is expected to continue expanding as technology evolves and new applications emerge.

Product Type Insights

The semiconductor segment is overwhelmed with a revenue share of 56.2% in 2022 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 2022. 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 2017 to 2030:

• Active Electronic Components Market by Product Type Outlook (Revenue, USD Million, 2017 – 2030)
  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, 2017 – 2030)
  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, 2017 – 2030)
  • 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