Component Sense Blog

Tag: active electronic components

Active Electronic Components Market to Exceed $521 Bn by 2027

Active Electronic Components Market to Exceed $521 Bn by 2027
The global active electronic components market is projected to exceed US $521.11 billion by 2027, with a compound annual growth rate of 8.2% during the forecast period of 2020 to 2027, according to market analysts at Precedence Research. In 2019, the market size was valued at US $273.25 billion. Active electronic components encompass transistors, diodes, triodes, optoelectronic components, photoelectric tubes, and integrated circuits, among others, and require an energy source to operate, typically in the form of a direct current. Generally, every electronic circuit consists of one active electronic component, and they can control and manipulate the flow of electricity...

Active Electronic Components Market Pegged at $376.9 Bn by 2023

Active Electronic Components Market Pegged at $376.9 Bn by 2023
According to industry analysts, the active electronic components market was worth $182.9 billion in 2014 and is projected to reach $376.9 billion by 2023, growing at a compound annual growth rate of 8.4% during the forecast period of 2015-2023. Key drivers of growth in this area are micro-electromechanical systems (MEMS) and the wider adoption of renewable energy resources, as well as the increasing popularity of portable electronic devices. Typically North America has dominated the market, but during the forecast period it is expected to be superseded by Asia Pacific. Asia Pacific is projected to experience the fastest growth by 2023,...

Newsletter

Join our mailing list for exciting updates and statistics on popular components

Loading..