Market Research Report
Global Active Electronic Components 2016 to 2022
|Global Active Electronic Components 2016 to 2022|
Published: November 15, 2017
Market Research Future
Content info: 113 Pages
Delivery time: 1-2 business days
The major electronic components are classified into active and passive electronic components. The typical active electronic components consist of integrated circuits, diodes and transistors and many more. The growth in the active component segment is expected to be primarily driven by LED & Integrated Circuits due to the introduction of digitization in most of the products. The active electronic components can be used in extensive areas like consumer electronics, automotive, aerospace & defense, healthcare and many more. Examples of consumer electronic components include television sets, home theatre systems, video game devices, portable audio devices, digital still and video cameras and white appliances such as refrigerators and washing machines. Increase in use of mobile phones is leading to more innovations in this sector especially processors with high energy efficiency and faster performance.
The rising trend towards the Internet of Things, increasing automation across various industries, increasing growth of portable devices are driving the market. It is predicted that the Internet of Things (IoT) will add billions of new nodes or units on the Internet. The new units include sensors, data storage devices, computers, and related infrastructure. IoT helps in connecting and integrating the devices with various software systems and networks. The developments in the computer-aided system are also supporting the market growth. However, the uncertainty in raw material pricing and a shortage of electronic components are hampering the market growth.