Electronic Component Market Dynamic Opportunity & Analysis to 2025

Global Electronic Component Market: Global Size, Trends, Competitive, Historical & Forecast Analysis, 2019-2025-Increase in global demand for smartphones and other portable devices along with rise in adoption of the Internet of Things (IoT)are the major factors stimulating the growth of the global Electronic Component market.

Electronic Component Market is valued at USD353.54Billion in 2018 and expected to reach USD 568.63 Billion by 2025 with the CAGR of 8.56%over the forecast period.

Global Electronic Component Market Segmentation:–

Byproduct type:

· Vacuum Tubes

· Display Devices

· Semiconductor Devices

· Others

Byend user:

· Aerospace & Defense

· Consumer Electronics

· Manufacturing

· Networking & Telecommunication

· Automotive

· Healthcare

· Others

Scope of Global Electronic ComponentMarket Report–

Electrical components that are packaged in a discrete form with two or more wire leads or metal studs are called electronic components. The electrical components are connected to the printed circuit board by soldering, thus creating an electronic circuit board having functions such as an amplifier, a radio receiver or an oscillator. Electronic components are industrial products used to influence electronics in electronic systems. These electronic components are divided into different types of active components, passive components and electromechanical components. Active components are components that generate energy in the form of current or voltage, while passive components are components that store energy in the form of current or voltage. Active electronic components include semiconductor devices, display devices and the like. Various semiconductor devices including diodes, transistors, integrated circuits and optoelectronic components The continuing trend of automation in the automotive industry has increased the demand for various electronic devices, such as driver assistance systems, DC / AC converters, controllers and power integration devices, telematics and global positioning systems (GPS).

Key Players forGlobal Electronic Component Market Report–

Key players of the Electronic Componentmarket are Fairchild Semiconductor International, Inc., Everlight Electronics Co., Ltd., Infineon Technologies AG, Analog Devices, Texas Instruments, Inc., Maxim Integrated Products Inc., ST Microelectronics NV Inc., NXP Semiconductors NV, Toshiba Corporation, Vishay Intertechnology, Inc., ON Semiconductor, Diotec Semiconductor AG, Panasonic Corporation and Renesas Electric Corporation

Get Sample Report: @ https://brandessenceresearch.com/requestSample/PostId/1207

News:

Toshiba will be Transferring Logistics Services Business to SBS Holdings.

On May26^th, 2020; SBS Holdings, Inc. has signed a share purchase agreement with Toshiba Corporation to transfer 66.6% of the shares of Toshiba Logistics Corporation (hereinafter referred to as TLOG), a consolidated subsidiary of Toshiba Logistics Services, to SBSHD. The two companies are expected to complete the necessary procedures and complete the transaction in October 2020. TLOG was established in October 1974 to provide logistics services to the home appliance businesses of Toshiba. Over time, its scope has expanded to include the transportation of Toshiba heavy industrial products, medical equipment and semiconductor parts, then packaging and international trade. Import and export affairs. TLOG is ideal for the SBS group. In addition to its 3PL activity, SBS Group also has extensive expertise in the development of distribution centers. The addition of TLOG's proprietary 4PL technology to this portfolio will support the group's expansion of its range of services and network abroad, as well as its ability to support the logistics supply chain.

Asia Pacificis expectedto Witness a Fastest Growth inthe Global Electronic Component Market

North Americahas been the market leaderso far and is expected to remain dominant in future in the global Electronic Componentmarket owing to the huge demand for security systems and business intelligence that has driven the growth of the market for electronic components in this region. Additionally, the growing popularity of renewable energy and micro-electromechanical systems (MEMS) has spurred growth in the region. At the same time, the growing popularity of portable electronic devices will continue to be the main driver of the active electronic components market in North America.According to a survey in 2017, 88% of American respondents indicated that they use PCs / laptops in a professional or personal way. As per center for climate and energy solutions, solar energy production (including distributed generation) is projected to grow from 11% of total US renewable energy production in 2017 to 48% in 2050, making it the source of energy for growth the fastest, which will increase the demand for electronic components.Growing economies in the Asia-Pacific region, such as India and China, have increased spending on Defense for state-of-the-art warfare systems as well as high-tech missiles which requires electronic components, thereby creating opportunities for market growth in APAC region as well.

Key Benefitsfor Global Electronic Component Market Report–

· Global market report covers in depth historical and forecast analysis.

· Global market research report provides detail information about Market Introduction, Market Summary, Global market Revenue (Revenue USD), Market Drivers, Market Restraints, Market opportunities, Competitive Analysis, Regional and Country Level.

· Global market report helps to identify opportunities in market place.

· Global market report covers extensive analysis of emerging trends and competitive landscape.

By Regional & Country Analysis:

· North America

o U.S.

o Canada

· Europe

o U.K.

o France

o Germany

o Italy

· Asia Pacific

o China

o Japan

o India

o Southeast Asia

· Latin America

o Brazil

o Mexico

· Middle East and Africa

o GCC

o Africa

o Rest of Middle East and Africa

Get Full Report:@ https://brandessenceresearch.com/semiconductor/electronic-component-market-size

About us:Brandessence Market Research and Consulting Pvt. ltd.

Brandessence market research publishes market research reports & business insights produced by highly qualified and experienced industry analysts. Our research reports are available in a wide range of industry verticals including aviation, food & beverage, healthcare, ICT, Construction, Chemicals and lot more. Brand Essence Market Research report will be best fit for senior executives, business development managers, marketing managers, consultants, CEOs, CIOs, COOs, and Directors, governments, agencies, organizations and Ph.D. Students. We have a delivery center in Pune, India and our sales office is in London.