The Latin America, Middle East and Africa Active Electronic Component Market would witness market growth of 7.4% CAGR during the forecast period (2023-2030). In the year 2026, the LAMEA market's volume is expected to surge to 295.9 million units, showcasing a growth of 9.2% (2023-2030).
The market encompasses a wide range of electronic devices and components capable of amplifying or controlling electrical signals in electronic circuits. These parts are critical for amplifying, switching, and processing electrical signals. They are also fundamental building blocks of electronic devices and systems.
Active electronic components include a variety of devices, such as transistors, operational amplifiers (op-amps), integrated circuits (ICs), voltage regulators, oscillators, and microcontrollers. Each of these components serves specific functions in electronic circuits. One of the primary functions of active electronic components is amplifying weak signals to usable levels.
Transistors, for example, are widely used for signal amplification. Operational amplifiers (op-amps) are versatile components that can be configured to perform tasks such as amplification, filtering, and signal conditioning. Active electronic components can be categorized into digital and analog components. Digital components, such as microcontrollers and digital logic ICs, process digital signals (0s and 1s), while analog components work with continuous analog signals.
Brazil has a well-established automotive industry, with several significant manufacturers producing cars, trucks, and motorcycles. Companies like Volkswagen, Fiat, General Motors, and Ford is present in the Brazilian industry. The country also has a growing demand for electric vehicles. Brazil has a developing aerospace industry, with Embraer being one of the world's leading regional jet manufacturers. The company produces a range of commercial and military aircraft and has a global presence. According to Brazil’s National Confederation of Industries (CNI), the manufacturing industry’s share of Brazil’s GDP was 12.9 percent in 2022.
The Brazil market dominated the LAMEA Active Electronic Component Market by Country in 2022 and would continue to be a dominant market till 2030; thereby, achieving a market value of $6,297.1 million by 2030. The Argentina market is showcasing a CAGR of 8% during (2023 - 2030). Additionally, The UAE market would register a CAGR of 7.1% during (2023 - 2030).
Based on Product Type, the market is segmented into Semiconductor Devices (Integrated Circuits (ICs), Transistors, Diode, Optoelectronics), Vacuum Tube, Display Devices and Others. Based on End User, the market is segmented into Consumer Electronics, Networking & Telecommunication, Manufacturing, Aerospace & Defense, Automotive, Healthcare and Others. Based on countries, the market is segmented into Brazil, Argentina, UAE, Saudi Arabia, South Africa, Nigeria, and Rest of LAMEA.
Free Valuable Insights: The Worldwide Active Electronic Component Market is Projected to reach USD 477.7 Billion by 2030, at a CAGR of 6.4%
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include Technologies AG, Advanced Micro Devices, Inc., STMicroelectronics N.V., Microchip Technology, Inc., Analog Devices, Inc., Broadcom Inc., NXP Semiconductors N.V., Intel Corporation, Texas Instruments, Inc., Toshiba Corporation, Skillsoft Corporation.
By Product Type (Volume, Million Units, USD Million, 2019 to 2030)
By End User (Volume, Million Units, USD Million, 2019 to 2030)
By Country (Volume, Million Units, USD Million, 2019 to 2030)
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