Active Electronic Components Market witnessed USD 274 billion in 2020, growing at a robust CAGR of 9.6% during forecast period.

Introduction of the Active Electronic Components Market Report

Active electronic components refer to devices which requires external source to their operation. Active electronic components are the integral components that inject power into a circuit and are capable of electrically controlling and amplifying the flow of electrical current. Active electronic components primarily consist of semiconductor devices, including, diodes, transistors and integrated circuits.

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Market Dynamic

Key Drivers and Emerging Trends

Rapid digitization of industries; growing adoption consumer electronics including smartphones, laptops, and wearable electronic devices;  and rising electrification of vehicles and the development of autonomous cars are some of the major factors expected to drive the growth of the active electronic components market size. In addition, increasing adoption of advanced technologies including IoT, next-generation 5G network, automation, among others is further anticipated to propel the demand for active electronic components over the forecast period. Moreover, the growing awareness pertaining energy efficient electronic systems and increasing trend of miniaturization of electronic devices is expected to provide growth opportunities to the market during the forecast period.

Restraint in the Active Electronic Components Market

However, high purchase and maintenance cost of semiconductor devices is expected to hamper the growth of the market. Moreover, the outbreak of the COVID-19 pandemic has adversely effected the production activities exports of electronics components including semiconductor components and others due to the disruption in the supply chain and manufacturing process. This is anticipated to restraint the growth of the active electronic components market.

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Product – Segment Analysis

Based on the product, the semiconductor segment is expected to account for a prominent share in the market owing to the development of energy-efficient electronic systems, and huge adoption of semiconductor devices in various electronic devices including mobile phones, Personal Computers (PCs), smart home appliances, laptops, and network equipment among others. Moreover, according to the World Semiconductor Trade Statistics (WSTS), the annual global sales of semiconductors is expected to increase by 5.1 percent in 2020, followed by an increase of 8.4 percent in 2021. This is expected to further support the market growth.

End-User – Segment Analysis

Based on the end-user, the automotive segment is projected to witness high growth over the forecast period. This can be attributed to the rising adoption of electric cars, increasing development of intelligent transportation system, and growing demand for electronic systems such as driver assistance systems, controllers, and power integrated devices, telematics, and Global Positioning Systems (GPS) among others in the automotive segment. Moreover, according to the International Energy Agency (IEA), in 2019, electric cars registered 2.1 million sales globally with 40% year-on-year increase and accounted for 2.6% of the global car sales, which is expected to propel the demand of active electronic components in the automotive segment during the forecast period.

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Regional – Segment Analysis:

Based on region, Asia Pacific is anticipated to grow at a significant CAGR during the forecast period. This is primarily due to the rising adoption of smart electronic devices that includes smartphones, wearable electronics, smart kitchen appliances, and others among consumers; and  growing number of industries including automotive, healthcare, and consumer electronics in the region. In addition, according to the Semiconductor Industry Association (SIA), the annual sales of semiconductors in Asia-Pacific is increased by 5.3% in 2020 with China being one of the largest market for semiconductors globally. This is anticipated to contribute to the growth of the market.

Top Market Players

Several leading Active Electronic Components companies operating in the market, include, STMicroelectronics N.V., Infineon Technologies AG, Texas Instruments Incorporated, Analog Devices, Inc., ON Semiconductor Industries, LLC, Diotec Semiconductor AG, NXP Semiconductors N.V., Toshiba Corporation, Panasonic Corporation, and Taiwan Semiconductor Manufacturing Company Limited among others. 

Key Developments: 

• • In 2020, Taiwan Semiconductor Manufacturing Company Limited (TSMC) announced to build and operate a semiconductor fab in the United States with support from the U.S. federal government and the State of Arizona. This manufacturing unit will utilize the 5-nanometer technology for semiconductor wafer fabrication, and it will have a capacity of 20,000 semiconductor wafer per month.

Segments covered in the Report:

The global Active Electronic Components Market has been segmented on the basis of product, end-user, and key regions. Based on product, the market is segmented into semiconductor devices, vacuum tubes, display devices, and others. Based on end user, the market is segmented into consumer electronics, networking & telecommunication, automotive, manufacturing, and aerospace & defence, healthcare, and others. 

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Key questions answered in this research report:

• • At what pace is global Active Electronic Components Market growing? What will be the growth trend in the future?
  • What are the key drivers and restraints in Active Electronic Components Market? What will be the impact of drivers and restraints in the future?
  • What are the regional revenues and forecast breakdowns? Which are the major regional revenue pockets for growth in the global Active Electronic Components Market?
  • Which product generated maximum revenues in 2020 and identify the most promising product during the forecast period?
  • What are the various end-users of global Active Electronic Components Market and how they are poised to grow?
  • What companies are the major participants in this market and their business strategies, how does the competitive landscape look like?

Report Coverage	Details
Market Base Year	2020
Market Forecast Period	2021-2028
Market Revenues (2020)	USD 274 billion
Base Year & Forecast Units	Revenues (USD Million)
Market Segment	By Product, By End-User, By Region
Regional Coverage	Asia Pacific, Europe, North America, and RoW
Companies Profiled	STMicroelectronics N.V., Infineon Technologies AG, Texas Instruments Incorporated, Analog Devices, Inc., ON Semiconductor Industries, LLC, Diotec Semiconductor AG, NXP Semiconductors N.V., Toshiba Corporation, Panasonic Corporation, and Taiwan Semiconductor Manufacturing Company Limited among others; a total of 10 companies covered.
25% Free Customization Available	We will customize this report up to 25% as a free customization to address our client’s specific requirements

Market Segmentation

Global Active Electronic Components Market by Product

• • Semiconductor Devices
  • Vacuum Tubes
  • Display Devices
  • Others

Global Active Electronic Components Market by End-User

• • Consumer Electronics
  • Networking & Telecommunication
  • Automotive
  • Manufacturing
  • Aerospace & Defence
  • Healthcare
  • Others

Global Active Electronic Components Market by Region

• • North America Active Electronic Components Market (Option 1: As a part of the free 25% customization)
    • North America Active Electronic Components Market by Product
    • North America Active Electronic Components Market by End-User
    • US Active Electronic Components Market All-Up
    • Canada Active Electronic Components Market All-Up
  • Europe Active Electronic Components Market (Option 2: As a part of the free 25% customization)
    • Europe Active Electronic Components Market by Product
    • Europe Active Electronic Components Market by End-User
    • UK Active Electronic Components Market All-Up
    • Germany Active Electronic Components Market All-Up
    • France Active Electronic Components Market All-Up
    • Spain Active Electronic Components Market All-Up
    • Rest of Europe Active Electronic Components Market All-Up
  • Asia-Pacific Active Electronic Components Market (Option 3: As a part of the free 25% customization)
    • Asia-Pacific Active Electronic Components Market by Product
    • Asia-Pacific Active Electronic Components Market by End-User
    • China Active Electronic Components Market All-Up
    • India Active Electronic Components Market All-Up
    • Japan Active Electronic Components Market All-Up
    • Rest of APAC Active Electronic Components Market All-Up
  • RoW Active Electronic Components Market (Option 4: As a part of the free 25% customization)
    • RoW Active Electronic Components Market by Product
    • RoW Active Electronic Components Market by End-User
    • Brazil Active Electronic Components Market All-Up
    • South Africa Active Electronic Components Market All-Up
    • Saudi Arabia Active Electronic Components Market All-Up
    • UAE Active Electronic Components Market All-Up
    • Rest of world (remaining countries of the LAMEA region) Active Electronic Components Market All-Up

Major Players Operating in the Active Electronic Components Market (Option 5: As a part of the Free 25% Customization – Profiles of 5 Additional Companies of your Choice)

• • STMicroelectronics N.V.
  • Infineon Technologies AG
  • Texas Instruments Incorporated
  • Analog Devices, Inc.
  • ON Semiconductor Industries, LLC
  • Diotec Semiconductor AG
  • NXP Semiconductors N.V.
  • Toshiba Corporation
  • Panasonic Corporation
  • Taiwan Semiconductor Manufacturing Company Limited