Press release
Electronic Component Market Supply-Demand, Investment Feasibility and Forecast 2028
Electronic Components market size is estimated to be worth US$ 468910 million in 2021 and is forecast to a readjusted size of USD 638040 million by 2028 with a CAGR of 4.5% during review period.Electrical components that are packaged in a discrete form with two or more wire leads or metal studs are called electronic components. The electrical components are connected to the printed circuit board by soldering, thus creating an electronic circuit board having functions such as an amplifier, a radio receiver or an oscillator. Electronic components are industrial products used to influence electronics in electronic systems. These electronic components are divided into different types of active components, passive components and electromechanical components. Active components are components that generate energy in the form of current or voltage, while passive components are components that store energy in the form of current or voltage. Active electronic components include semiconductor devices, display devices and the like. Various semiconductor devices including diodes, transistors, integrated circuits and optoelectronic components The continuing trend of automation in the automotive industry has increased the demand for various electronic devices, such as driver assistance systems, DC / AC converters, controllers and power integration devices, telematics and global positioning systems (GPS).
Global Electronic Component market is segmented on the basis of product type, end user and region. On the basis of product type, the market is segmented into vacuum tubes, display devices, semiconductor devices and others. Based on end user, the market is segmented into aerospace & defense, consumer electronics, manufacturing, networking & telecommunication, automotive, healthcare and others.
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Global Electronic Component Market: Major Players
AVX Corporation
FCI Electronics
API Technologies
Micro semi
Fujitsu Component
AEC
Jyoti
Daktronics Holdings
Eaton Corp
Hamlin
JST Mfg
Kyocera
Hasco
Hitachi AIC
Omron
Global Electronic Component Market: By Types
Active components
Passive components
Electromechanical
Global Electronic Component Market: By Applications
Automotive
Communications
Computing Applications
Industrial
Instrumentation
Lighting
Medical
Motor Control
Security
Global Electronic Component Market: Regional Analysis
All the regional segmentation has been studied based on recent and future trends, and the market is forecasted throughout the prediction period. The countries covered in the regional analysis of the Global Electronic Component market report are U.S., Canada, and Mexico in North America, Germany, France, U.K., Russia, Italy, Spain, Turkey, Netherlands, Switzerland, Belgium, and Rest of Europe in Europe, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, China, Japan, India, South Korea, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), and Argentina, Brazil, and Rest of South America as part of South America.
Global Electronic Component Market: Market Size Estimation
Both the top-down and bottom-up approaches were used to estimate and validate the size of the market and to estimate the size of various other dependent sub-markets of various marketspaces. The key players in the markets are identified through secondary research, and their market contributions in different applications across regions and globally were determined through primary and secondary research. This entire process included the study of the annual and financial reports of the top market players and extensive interviews for key insights with industry leaders such as CEOs, VPs, directors, and marketing executives. All percentage shares, splits, and breakdowns were determined using secondary sources and verified through primary sources. All the possible parameters that affect the market covered in this research study have been accounted for, viewed in extensive detail, verified through primary research, and analysed to arrive at the final quantitative and qualitative data. This data has been consolidated, and detailed inputs and analysis from Analytics Market Research added before being presented in this report.
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Some of the key questions answered in this report:
Frequently Asked Questions
• What is the market size and growth projections?
• What is the market size and growth projection for each of the market segments and sub-segments across Countries & Regions?
• What are the top performing segments, and countries / regions of each of the markets?
• What is the market size and growth rate across key countries / regions?
• How big is the global & regional market in terms of revenue and volume?
• How far market will grow in forecast period in terms of revenue and volume?
• What factors will influence demand and supply trends across each markets during the forecast period?
• What are the technology trends shaping various markets?
• Which country / region has more opportunities?
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