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Active Electronic Components Market

Active electronic components are used in areas such as telecommunications, consumer electronics, and computers, among others. These components form electronic circuitry and are manufactured or utilized within the electronics field. The requirement f
" Active Electronic Components Market to Grow due to Increasing Demand for Hybrid and
Electric Vehicles “
Active Electronic Components Market (Product Types - Semiconductor Devices: Diodes,
Transistors, Integrated Circuits, and Optoelectronic Components; Display devices: Microwave
Tubes, Cathode-ray Tubes, X-ray Tubes, Photoelectric Tubes, Triodes and Other Devices) - Global
Industry Analysis, Size, Share, Growth, Trends and Forecast 2015 - 2023
Active electronic components are used in areas such as telecommunications, consumer electronics,
and computers, among others. These components form electronic circuitry and are manufactured or
utilized within the electronics field. The requirement for enhanced energy efficiency in electronic
products and the emergence of a number of applications is fuelling the demand for active electronic
components. The electronics industry engages in designing, producing, creating, and selling devices
such as televisions, radios, stereos, computers, and other electronics products. The numerous
components required by the electronic industry for building various electronic products are supplied
by the electronic components industry. The two industries complement one another and help in
forming a key segment that caters to economies all around the world.
Rising Adoption of Renewable Energy Sources to Propel Active Electronic Components
The increasing trend of using hybrid and electric vehicles and increasing adoption of sources of
renewable energy will fuel the global active electronic components market in forthcoming years. In
addition, recent technological advancements within active electronic components have raised the
demand for small-sized hand-held devices such as tablets, smartphones, and PDAs. The
convenience and networking potential of these electronic devices have fuelled the usage of smart
wearable devices including smart wrist bands and smart watches, among others. Hence, the demand
for reduced component size and increased reliability has raised the demand for active electronic
components. In addition, the increasing concerns regarding energy efficiency have raised the
requirement for active electronic components that aid in conservation of energy, thus stimulating the
market for active electronic components. On the other hand, rising electronic waste due to the use of
active electronic components may impede the growth of the market in the coming years.
Semiconductor Devices Led the Market in 2014
On the basis of product type, the market is segmented into diodes, semiconductor devices,
integrated circuits, display devices, optoelectronic components, cathode ray tubes, microwave
tubes, photoelectric tubes, x-ray tubes, triodes, and others. Amongst these, the segment of
semiconductor devices held the biggest share in 2014 and is predicted to rise exponentially in
forthcoming years. This is owing to the rising product innovations and growing demand for energyefficient devices within the electronics industry. The semiconductor devices segment includes
transistors, diodes, and optoelectronic components, among others. On the other hand, the prime
applications of display devices include consumer electronics, display systems, and medical
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North America Active Electronic Components Market Held a Share of 32%
On the basis of geography, the active electronic components market is segmented into Europe, Asia
Pacific, Latin America, North America, and the Middle East and Africa (MEA). Amongst these, in
2014, North America emerged as the biggest market and held a share of 32% in the market for
active electronic components. This is due to the increasing adoption of micro-electromechanical
systems and renewable energy resources. However, the regional segment of Asia Pacific is poised to
supersede North America in the coming years and is predicted to grow exponentially, rising at a
healthy 9.10 % CAGR from 2015 to 2023.
Infineon Technologies AG, Texas Instruments, Inc., Fairchild Semiconductor International, Inc.,
Maxim Integrated Products Inc., Analog Devices, Inc., ON Semiconductor, NXP Semiconductors
NV, Toshiba Corporation, Diotec Semiconductor AG, Vishay Intertechnology, Inc., Panasonic
Corporation and Everlight Electronics Co., Ltd., among others, are the prime players operating in
the market.
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