Component Sense Blog

Tag: market news

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...

Will Huawei Survive the US Chip Ban?

Will Huawei Survive the US Chip Ban?
As of September 15th 2020, non-US suppliers can no longer ship goods to Huawei if their products contain US technology. The US chip ban threatens to cut off supplies of key electronic components to Huawei's smartphones - from semiconductors to displays, to camera lenses, and vital printed circuit boards. How will the tech giant survive the crisis? In the short term, Huawei could rely on its stockpiles. The firm has been stockpiling chips since the end of 2018. In fact, in the past 3 months, its last-minute chip orders increased Taiwan's overall growth by 30% year-on-year. According to Gai Keke,...

Component Suppliers See Growing Orders from Wearables and Automotive Electronics

Component Suppliers See Growing Orders from Wearables and Automotive Electronics
Orders for components and materials from manufacturers of consumer electronics products such as true wireless stereo (TWS) earbuds, wearables and smartwatches are starting to pick up, following the recovery of previously delayed end-market demand, according to upstream supply chain sources. Suppliers also expect a surge in orders from the automotive electronics industry in 2021, as clients' inventory is gradually depleting, the sources added. Many channel retailers have also been strengthening their deployments in Southeast Asia, and are developing new consumer products to meet local needs, providing new orders for materials and components. But for the handset business, the situation may...

Haptic Technology Market Set for Growth Surge

Haptic Technology Market Set for Growth Surge
A new study from market research firm Global Market Insights reveals that demand for haptic technology is forecast to rise from its current market value of over $7 trillion to over $10 trillion by 2026, gaining remarkable traction between 2020 and 2026. Thanks to growing demand for haptics in the gaming industry and increased use of haptic systems in consumer electronic devices such as tablets and smartphones, the haptics market is set to enjoy exponential growth in coming years. Haptic technology seeks to simulate the sensation of touch using multiple mechanisms. Along with other sensory mechanisms, haptics can be used...

Top-10 Semiconductor Suppliers Post 17% Rise in 1H20 Sales

Top-10 Semiconductor Suppliers Post 17% Rise in 1H20 Sales
The first half of 2020 saw sales of the top-10 semiconductor companies rise by 17% compared to the same period last year, over 3 times the total worldwide semiconductor industry increase of 5%, reports IC Insights. (Source: IC Insights, 2020) All of the top-10 firms had sales of at least $5 billion during 1H20; two more than 1H19. It took $5.2 billion in first half sales to make it onto the list. HiSilicon was the only new entrant in the top-ten rankings, replacing Infineon. HiSilicon is the China-based semiconductor design division of telecommunications giant Huawei. More than 90% of HiSilicon's...

Newsletter

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

Loading..