Active Electronic Components Market Growth Propelled by Rise Demand for Energy Efficient Devices

The need for higher energy efficiency in electronic products along with the emergence of new applications is driving growth of the active electronic components market, which is anticipated to expand at a CAGR of 8.4% during the forecast period from 2015 to 2023. The overall active electronic component market was valued at US$ 182.9 Bn in 2014.


Albany, NY -- (SBWIRE) -- 02/11/2016 -- There are three types of electronic components namely: active electronic components, passive electronic components, and electromechanical components. Active electronic components rely on a source of energy (DC) and inject power into a circuit. Active electronic components include semiconductor devices, display devices, and others. During the last few years, technological advancements in electronics and semiconductor industry have enhanced the array of applications for active electronic components. Active electronic components include semiconductor devices and display devices. Various semiconductor devices include diodes, transistors, integrated circuits, and optoelectronic components. Further, display devices comprise of microwave tubes, cathode-ray tubes, x-ray tubes, photoelectric tubes, triodes and others.

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This research study, titled "Active Electronic Components Market – Global Industry Analysis, Size, Share, Growth, Trends, and Forecast, 2015 – 2023," provides strategic analysis of the global active electronic components market, along with the market size in US$ Bn and growth forecast for the period 2015 to 2023. The report includes an in-depth analysis of the market drivers, restraints, and industry trends. It also highlights the significant growth opportunities for active electronic component manufacturers in the next few years.

The research report provides a comprehensive assessment of stakeholder strategies, and the imperatives for succeeding in the active electronic components market. The report includes competitive analysis of various market segments based on types of active electronic components, and in-depth cross-sectional scrutiny across different geography segments of the active electronic components market. In order to aid in strategic decision-making, the report also includes the winning strategies adopted by key players operating in the active electronic components market. The report segregates the active electronic components market based on different geographies into North America, Europe, Asia Pacific, Middle East & Africa, and Latin America.

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For detailed understanding of the active electronic components market, all these segments have also been estimated in terms of revenue (US$ Bn) for the geographies mentioned above. The market research study analyzes the active electronic components market worldwide, and provides revenue estimates in terms of US$ Bn for the years 2013 and 2014, along with the market forecast for the period 2015 to 2023. Market forecasts have been analyzed considering the impact of various economic, political, social, legal, and technological factors influencing market growth. Key players profiles in this study include Fairchild Semiconductor International, Inc., Infineon Technologies AG, Maxim Integrated Products, Inc, STMicroelectronics, Analog Devices, Inc., ON Semiconductor, Diotec Semiconductor AG, NXP Semiconductors N.V., Texas Instruments, Inc., Toshiba Corporation, Vishay Intertechnology, Inc., Everlight Electronics Co., Ltd., Panasonic Corporation and Renesas Electronics Corporation.

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