Active Electronic Components Market
                     Market Highlights 
The global active electronic component market holds the potential to attain a CAGR of 10% during 
the forecast period (2016-2022), believes Market Research Future (MRFR). The market for active 
electronic can touch a valuation of USD 330 billion by the end of 2022, adds MRFR. 
Primary Drivers and Top Barriers {Active Components in Electronics} 
Increasing penetration of smartphones as well as other wearable devices, along with industrial 
automation, has boosted the demand for active electronic components. Soaring demand for active 
electronic components in the healthcare and automotive sectors combined with surging adoption of 
MEMS technology benefits the global active electronic components market.  
Increasing modernization of vehicles coupled with mounting demand for luxury and technologically 
advanced vehicles has also led to a high adoption of active electronic components. Growing 
applications of active electronic components in consumer goods paired with rising use of 
renewable energy resources induce market growth. In addition, advancing use of active electronic 
components in connected devices has helped the market achieve further success over the years.  
The market also profits from surging concerns about energy efficiency and the rising trend of IoT, 
which is prompting players to come up with low-cost and energy-efficient active electronic 
components. Moreover, frequent technological advancements and accelerated demand from 
developing economies are believed to be working in favor of the active electronic components 
market. 
Segmentation: 
The global active electronic components market has been carefully studied by MRFR and has been 
narrowed down to segments like product type and end-users.  
Considering the product type segment, the market includes optoelectronic devices, integrated 
circuits, semiconductor devices, vacuum tubes, display technologies, and others. The integrated 
circuits had been the leading segment, valued at USD 76.96 Billion in 2016. The segment shows 
signs of achieving a growth rate of 11.42% in the following years. 
The end-users in the active electronic components market are healthcare, information technology 
consumer electronics, aerospace & defense, automotive, and others. The consumer electronics 
sector controls the largest share in the global active electronic components market, thanks to the 
surging demand for smart devices along with the growing disposable incomes in developing 
countries. As a result, the consumer electronics segment can attain a CAGR of 11.95% during the 
review period, and its value in 2016 was estimated at USD 73.5 Billion.  
Regional Insight  
The report offers a thorough geographical distribution of the global active electronic components 
market across North America, Asia Pacific (APAC), Europe, and the Rest of the World (RoW). 
North America is expected to reign over the global active electronic components market, 
predominantly owing to the mounting demand for business intelligence and security system. Surge 
in IoT, along with rising automation across industries in the region also adds to the market 
strength. Surging adoption of renewable energy sources as well as micro-electromechanical 
systems will also induce market growth in the region.  
APAC can cross its current position in the global market and garner a better position in subsequent 
years. The regional market growth is the result of a high demand for energy-efficient devices along 
with the rising adoption of smartphones. Countries like India, China, and Japan are the top-
performing markets for active electronic components in the region, thanks to the increasing 
penetration of high-tech devices, advancements in auto electronics, and surging digitization, among 
others. 
Rapid industrialization, as well as digitization, strong economic growth, increased need for 
miniaturization and development of auto electronics, can help Europe gain momentum in the 
worldwide market in the years ahead. 
Significant Players  
Significant companies shaping the worldwide active electronic components market include Renesas 
Electric Corporation (Japan), Texas Instruments, Inc. (U.S), Analog Devices, Inc. (U.S.), Maxim 
Integrated (U.S.), Panasonic Corporation (Japan), Toshiba Corporation (Japan), STMicroelectronics 
(Switzerland), NXP Semiconductors N.V. (Netherlands), Hitachi AIC Inc. (Japan), Infineon 
Technologies AG (Germany), to name a few..