General Electronic Components Market 2024 Report By Key Companies, Regional Analysis And Forecast 2033

The new report published by The Business Research Company, titled General Electronic Components Global Market Report 2024 - Market Size, Trends, And Global Forecast 2024-2033, delivers an in-depth analysis of the leading size and forecasts, investment opportunities, winning strategies, market drivers and trends, competitive landscape, and evolving market trends.

As per the report, the general electronic components market size has grown strongly in recent years. It will grow from $514.79 billion in 2023 to $550.59 billion in 2024 at a compound annual growth rate (CAGR) of 7.0%. The general electronic components market size is expected to see strong growth in the next few years. It will grow to $708.41 billion in 2028 at a compound annual growth rate (CAGR) of 6.5%.

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Display Device Demand Boosts General Electronic Components Market
Increasing demand for microwave tubes, cathode-ray tubes, X-ray tubes, photoelectric tubes and triodes in display devices is expected to drive the general electronic components market in the forecast period. Display devices are the output devices that offer information in visual form. Most devices are going smart nowadays, thus increasing the growth of display devices. The display devices are creating many opportunities for the growth of the electronic component market in various applications such as satellite and space technology, automotive, military applications, IoT, and others. Asia-Pacific was the major market in general electronic components with China leading the Asia-Pacific market due to the presence of the largest chip designers, chipmakers, and other critical components that are used in laptops, smartphones, and the internet of things (IoT) applications.

IOT Revolution Drives General Electronic Components Market Growth
The adaptation of the Internet of Things (IoT) acts as a key trend driving the growth of the general electronic components market. In the past few years, the IoT has experienced a massive boom. IoT provides communication and connection between various devices, such as fitness watches, smartphones, and smart meters. General electronic components such as resistors, transistors, capacitors, and diodes are used in making smart devices, sensors, and actuators that can interconnect with each other. According to IoT Analytics, the number of global IoT connections grew by 18% in 2022 to 14.3 billion active IoT endpoints. More than 30 billion IoT connections, or approximately 4 IoT devices per person on average, are projected to exist by 2025. Thus, indicating a high demand for IoT devices.

The general electronic components market covered in this report is segmented -

1) By Product Type: Passive, Active, Electromechanical Components, Other Products
2) By End-Use Industry: Aerospace, Communication, Automotive, Other End-User
3) By Sales: Aftermarket , Manufacturer / Distributor / Service Provider

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Major companies operating in the general electronic components market report are Murata Manufacturing Co., Ltd., STMicroelectronics, Infineon Technologies, TE Connectivity, TDK Corporation, Yageo Corporation, Amphenol Corporation, Vishay Intertechnology, Texas Instruments, Analog Devices, Inc., Fairchild Semiconductor, EPCOS, API Technologies, Siemens Ltd, Bosch Ltd, ABB India Ltd, Crompton Greaves Ltd, Exide Industries Ltd, Bharat Electronics Ltd, Sterlite Technologies Ltd, Amar Raja Batteries Ltd, Surya Roshini Ltd, Finolex Cables Ltd, Qualcomm India Pvt Ltd, Honey well Automations India Ltd, 3M India Ltd, V Guard Industries Ltd, Schmersal India Private Limited, Svel Sensors & Controls Private Limited, Medical Sensors India Private Limited, Turck India Automation Private Limited, AAC Technologies, China Electronics Cooperation, Fujian Jinhua Integrated Circuit, Suzhou Orientation Semiconductors, Western Digital , Seagate Technology, Toshiba, Xiaomi Corporation, Meizu Technology Co., Ltd, Konka Group Co., Ltd , Hisense Group, Kyocera, Panasonic Corporation, Renesas Electric Corporation, Hitachi, Agilent Technologies Japan, Selko Epson, Yamaha, NEC, Fujitsu Components , Sharp, Sanyo, Pioneer , Slovakia, Sony, Foxconn and Daimler, Peugot, Prestigio Technologies, King Brother, JSC Eltech-SPb, Crocus nano Electronics, Korona Semiconductor, Rohm Semiconductors, Maxim Integrated Products Inc., Arrow Electronics, ON Semiconductor Corporation, New York Semiconductor, Rochester Electronics, Gama Electronics, AVX Corporation , Eaton Corp, Advanced Micro Devices, Smart Modular Technologies, IntelBras, Tecsys, The Leadership Group, Multilaser, Flextronics, LG, Digitron, Foto Electronica Beta Srl, AUTER, Ducasse Comercial Ltd, Tekemi, Videocorp, Satelinx Ingeniería Limited, Linktronic , Arabian Power Electronics Company, Leap Technologies FZC, United Transformers Electric, Electro Power Systems, Electro Mechanical Company LLC, Avnet South Africa, Samsung Electronics, Electrocomp (PTY) Ltd

Contents of the report:
1. Executive Summary
2. General Electronic Components Market Report Structure
3. General Electronic Components Market Trends And Strategies
4. General Electronic Components Market - Macro Economic Scenario
5. General Electronic Components Market Size And Growth
…..
27. General Electronic Components Market Competitor Landscape And Company Profiles
28. Key Mergers And Acquisitions
29. Future Outlook and Potential Analysis
30. Appendix

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