About Electronic Components
There are many basic electronic components that are used for building electronic circuits. Without the electronic components, the circuit designs do not function well and are incomplete. These components comprise resistors, diodes, capacitors, integrated circuits, and others. Some of these components consist of two or more terminals that are joined to circuit boards. Some may be packaged types like combined circuits in which different semiconductor devices are integrated.
Attributes | Details |
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Study Period | 2018-2030 |
Base Year | 2023 |
Unit | Value (USD Million) |
CAGR | 8.7% |
The companies are exploring the market by adopting mergers & acquisitions, expansions, investments, new service launches and collaborations as their preferred strategies. The players are exploring new geographies through expansions and acquisitions to avail a competitive advantage through combined synergies. Analyst at AMA Research estimates that Japan Players will contribute the maximum growth to Global Electronic Components market throughout the forecasted period. Established and emerging Players should take a closer view at their existing organizations and reinvent traditional business and operating models to adapt to the future.
Intel Corporation (United States), Samsung Semiconductor, Inc. (United States), Qualcomm (United States), SK Hynix Inc. (South Korea), Texas Instruments Inc. (United States), Broadcom Inc. (United States), Micron Technology Inc. (United States), TE Connectivity (Switzerland), TDK Corporation (Japan), Epcos India Pvt Ltd (India), Vishay Components India Pvt Ltd (India) and Deki Electronics Ltd (India) are some of the key players that are part of study coverage. Additionally, the Players which are also part of the research coverage are MediaTek Inc. (Taiwan) and Physics and Radio-Electronics (India).
Segmentation Overview
AMA Research has segmented the market of Global Electronic Components market by Type (Active Components [Transistors, Diodes, Integrated Circuit, Others] and Passive Components [Capacitors, Resistors, Inductors, Others]), Application (Consumer Electronics [Home Appliance, Office Gadgets, Audio & Video Systems, Storage Devices], Industrial Electronics [Smart Grid Systems, Industrial Automation, Image Processing], Medical, Defence and Aerospace, Automobiles and Others) and Region.
On the basis of geography, the market of Electronic Components has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). If we see Market by Industry Verticals, the sub-segment i.e. Automotive will boost the Electronic Components market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Influencing Trend:
Technological Advantages of Ultra-Capacitors in Large-Cell Applications and Newer ICs are Opting for High Clock Frequencies Extending up To Gigahertz Range
Market Growth Drivers:
Increasing Demand for Consumer Electronic Devices and Rising Demand for Electronic Components by Original Equipment Manufacturers
Challenges:
E-waste management
Restraints:
Lack of Supply Chain Management
Opportunities:
Increasing Investment into Research and Development
Market Leaders and their expansionary development strategies
In November 2023, HyPerStripes project partnership will create a technology platform including manufacturing techniques for roll-to-roll (R2R) processing as well as the integration of electronic components onto very long ("endless"), flexible and stretchable printed circuit boards. This will pave the way to higher-performance products and new applications, while reducing the cost and environmental impact of manufacturing.
In August 2022, Hitachi Power Solutions Co., Ltd. announced the launch of Scanning Acoustic Tomograph "FineSAT7" from October 1, as the newest model of FineSAT series of devices that detects and images minute structures and defects*1 such as delamination and voids inside semiconductors and electronic components nondestructively by utilizing the reflective and transmissive properties of ultrasonic wave.
Key Target Audience
Manufacturers of Electronic Components, Suppliers of Electronic Components, Wholesalers, Distributors and Retailers of Electronic Components, Aerospace Industry, Electronic Industry and Automobile Industry
About Approach
To evaluate and validate the market size various sources including primary and secondary analysis is utilized. AMA Research follows regulatory standards such as NAICS/SIC/ICB/TRCB, to have a better understanding of the market. The market study is conducted on basis of more than 200 companies dealing in the market regional as well as global areas with the purpose to understand the companies positioning regarding the market value, volume, and their market share for regional as well as global.
Further to bring relevance specific to any niche market we set and apply a number of criteria like Geographic Footprints, Regional Segments of Revenue, Operational Centres, etc. The next step is to finalize a team (In-House + Data Agencies) who then starts collecting C & D level executives and profiles, Industry experts, Opinion leaders, etc., and work towards appointment generation.
The primary research is performed by taking the interviews of executives of various companies dealing in the market as well as using the survey reports, research institute, and latest research reports. Meanwhile, the analyst team keeps preparing a set of questionnaires, and after getting the appointee list; the target audience is then tapped and segregated with various mediums and channels that are feasible for making connections that including email communication, telephonic, skype, LinkedIn Group & InMail, Community Forums, Community Forums, open Survey, SurveyMonkey, etc.