According to a new report, published by KBV research, The Global Active Electronic Component Market size is expected to reach $477.7 billion by 2030, rising at a market growth of 6.4% CAGR during the forecast period. In the year 2022, the market attained a volume of 5,381.6 million units, experiencing a growth of 5.2% (2019-2022).
The Semiconductor Devices segment is leading in the Global Active Electronic Component Market by Product Type in 2022 thereby, achieving a market value of $260.1 billion by 2030. The semiconductor devices segment held the highest revenue share in the active electronic component market in 2022. The global demand for electronic devices and systems has steadily increased across consumer electronics, automotive electronics, industrial automation, and telecommunications.
The Networking & Telecommunication segment would witness a CAGR of 6.2 % during (2023 - 2030). Telecommunications companies and network operators will continue to invest in upgrading their network equipment to support higher bandwidths and improved connectivity. This includes adopting advanced routers, switches, and optical communication systems components. The demand for optical networking components is expected to grow. These components, including optical transceivers, lasers, and photodetectors, are crucial for high-speed data transmission in long-distance and data center applications.
The Asia Pacific region dominated the Global Active Electronic Component Market by Region in 2022 and would continue to be a dominant market till 2030; thereby, achieving a market value of $243.6 billion by 2030. The Europe region would witness a CAGR of 6.2% during (2023 - 2030). Additionally, The North America region is anticipated to grow at a CAGR of 5.9% during (2023 - 2030).
Full Report: https://www.kbvresearch.com/active-electronic-component-market/
The market research report has exhaustive quantitative insights providing a clear picture of the market potential in various segments across the globe with country wise analysis in each discussed region. The key impacting factors of the market have been discussed in the report with the elaborated company profiles of 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 Geography (Volume, Million Units, USD Million, 2019 to 2030)
Companies Profiled
Unique Offerings 
