Active Electronic Components Market Analysis Report, 2024-2032
Active Electronic Components Market Analysis Report, 2024-2032

Active Electronic Components Market Share, Size, Trends, Industry Analysis Report, By Product Type (Semiconductor Devices, Vacuum Tubes, Display Devices), By End-user (Consumer Electronics, Automotive), By Region, And Segment Forecasts, 2024 - 2032

  • Published Date:Jan-2024
  • Pages: 118
  • Format: PDF
  • Report ID: PM1465
  • Base Year: 2023
  • Historical Data: 2019-2022

Report Outlook

The global active electronics components market was valued at USD 316.44 billion in 2023 and is expected to grow at a CAGR of 6.10% during the forecast period.

The active electronic components play a crucial role in circuits as they amplify electrical input signals and produce electricity. These components serve as AC circuits in electronic devices, enhancing power and voltage. To function, all active components need an energy source, typically obtained from a DC circuit. The market for active electronic components is witnessing significant growth due to rising demand across various industries and the widespread adoption of connected devices. These factors contribute to the increasing prominence and expansion of the active electronic components market.

Active Electronic Components Market Size

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The growth of the market is likely to be accelerated by the potential adoption of these components in the production of network & communication equipment for the 5G infrastructure. The increasing demand for such systems is expected to drive active electronics components market expansion. Additionally, automotive manufacturers worldwide are focusing on integrating electronics into their products to attract more customers. The rising popularity of premium & ultra-luxury automobiles also has a significant impact on the industry.

Epidemic continues to wreak havoc on various aspects of the supply chain, including the components market. Despite this, the rapid advancement of technologies like artificial intelligence, 5G, and cloud computing continues to drive demand in diverse industries such as consumer electronics, automotive, healthcare devices, and industrial and energy sectors. However, virus outbreaks are still affecting many semiconductor firms, companies within the semiconductor ecosystem, and other critical components. Government regulations mandating reduced workforces or temporary shutdowns have exacerbated labor shortages, leading to constraints in components and parts supply.

Active Electronic Component

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Industry Dynamics

Growth Drivers

Increasing popularity of smartphones, laptops, wearables

The surging popularity of smartphones, laptops, wearables, and the automation of industrial processes has led to a growing need for active electronic components. The global market is experiencing a boost in demand, particularly in the healthcare and automotive sectors, thanks to the rapid adoption of MEMS (Micro-Electro-Mechanical Systems) technology. An important advantage of active electronic components lies in their ability to amplify small electrical inputs to produce a higher power output. Semiconductors, including diodes, transistors, and integrated circuits, are among the most widely used active electronic components.

The automotive industry is experiencing rapid transformation, with a growing market for electric vehicles and increasing global adoption of various autonomous vehicle technologies. These technologies, such as parking assistance, safety airbags, telematics, and navigation, are extensively utilized in various vehicle applications. Moreover, the electronic components market is expected to witness substantial growth in the coming years, driven by the significant increase in consumer smartphone usage.

Report Segmentation

The market is primarily segmented based on product type, end use, and region.

By Product Type

By End Use

By Region

  • Semiconductor Devices
    • Diode
    • Transistors
    • Integrated Circuits (ICs)
    • Optoelectronics
  • Vacuum Tube
  • Display Devices
  • Others


  • Consumer Electronics
  • Networking & Telecommunication
  • Automotive
  • Manufacturing
  • Aerospace & Defense
  • Healthcare
  • Others
  • North America (U.S., Canada)
  • Europe (France, Germany, UK, Italy, Netherlands, Spain, Russia)
  • Asia Pacific (Japan, China, India, Malaysia, Indonesia. South Korea)
  • Latin America (Brazil, Mexico, Argentina)
  • Middle East & Africa (Saudi Arabia, UAE, Israel, South Africa)

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By Product Type Analysis

Semiconductor segment accounted for the largest share in 2022

Semiconductors segment accounted for major global share. Semiconductors, positioned between insulators and conductors, play a crucial role in controlling and regulating the flow of current in electrical devices and equipment. They have become an essential component in electronic chips used in computing devices and various electronic gadgets, including solid-state storage devices.

An Integrated Circuit (IC), also known as an SMD (Surface Mount Device) electronic component, is a tiny semiconductor chip that incorporates multiple transistors, diodes, & capacitors. These components are integrated into a single device, resulting in compact and lightweight circuitry that delivers significant performance while consuming less power. ICs are widely used in various applications, including televisions, phones, lap-tops, routers, & many other electronic devices, due to their versatility and efficiency.

By End-Use Analysis

Consumer electronics expected to hold substantial market share in 2022

Consumer electronics held the largest share. This growth is primarily driven by the increasing demand for the semiconductor devices used in various consumer electronic products like digital cameras, phones, gaming gadgets, wearable devices, & Set-Top Boxes. Additionally, the demand for networking equipment is on the rise, particularly in office automation & home application sectors. The growing need for network devices & other IT equipment is expected to contribute to the increased adoption of such in the coming years.

  • For instance, in June 2022, Nokia Corporation, introduced a new Fiber-To-The-Home (FTTH) kit aimed at aiding service providers in extending fiber networks to rural areas in the U.S. This comprehensive package includes all the necessary equipment and licenses for setting up a standard fiber network in a community of 1,000 homes. The package comprises active equipment for the central office, known as the optical line terminal (OLT), a fiber termination device for homes called the optical network terminal (ONT), and Wi-Fi modules installed inside each house. Notably, these kits offer support for both GPON and XGS-PON technologies over a single port.

Automotive segment witnessed steady growth. Automotive manufacturers worldwide are prioritizing the integration of diverse electronics and advanced technology to appeal to consumers. Notably, the surging popularity of premium and ultra-luxury vehicles has significantly impacted the market.

In recent years, there has been a substantial increase in the reliance of vehicles on electronic components and safety systems. As a result, electronic components are now extensively utilized to enhance the performance and efficiency of powertrain systems in automobiles. These components facilitate seamless communication and exchange of sensor signals among various powertrain subsystems, enabling efficient management of their operations. Within powertrain systems, sensors such as turbine speed, transmission fluid temperature, and throttle position sensors play crucial roles.

Active Electronic Component Seg

By Regional Insights

APAC region dominated the global market in 2022

APAC region dominated the global market. The region has established itself as a manufacturing powerhouse for consumer electronics, benefiting from several favorable factors. These factors include lower labor costs, a vast pool of highly skilled workers, increased foreign direct investments, supportive government initiatives promoting electronic component production, and advantageous trade agreements with Europe & North America. As a result, region has solidified its position as the most prominent region for electronics manufacturing and exporting. China, India, Vietnam, & Malaysia are key players in the region, contributing significantly to the growth of the electronics sector. As the forecast period progresses, these nations are anticipated to further enhance their presence in the semiconductor business to expand their share.

North America is likely to emerge as fastest growing region. The region is witnessing a notable increase in the adoption of connected cars, especially in the U.S. Major telecom service providers like Verizon Inc. and AT&T Inc. are making significant investments in deploying advanced 5G network infrastructure to establish seamless connectivity between vehicles and the network.

Active Electronic Component Reg

Key Market Players & Competitive Insights

The active electronics compnents market is fragmented and is anticipated to witness competition due to several players' presence. Major service providers in the market are constantly upgrading their technologies to stay ahead of the competition and to ensure efficiency, integrity, and safety. These players focus on partnership, product upgrades, and collaboration to gain a competitive edge over their peers and capture a significant market share.

 Some of the major players operating in the global market include:

  • Advanced Micro Devices
  • Analog Devices
  • Broadcom
  • Infineon Technologies
  • Intel
  • Microchip Technology
  • Monolithic Power Systems
  • NXP Semiconductors
  • Qualcomm
  • Renesas Electronics
  • Semiconductor Components
  • STMicroelectronics
  • Texas Instruments
  • Toshiba Corporation.

Recent Developments

  • In June 2023, NXP has introduced a breakthrough in 5G radio technology with their new top-side cooling packaging. This innovative technology allows for more compact and lightweight radio units, making it easier and faster to deploy 5G base stations. The new top-side cooling for RF power enables smaller and thinner radios, streamlining the implementation of 5G infrastructure.
  • In June 2023, STMicroelectronics has unveiled a series of octal high-side switches with integrated galvanic isolation to enhance durability. These switches offer a low RDS (on) of under 260 mΩ, resulting in improved energy efficiency. Additionally, they come with protection diagnostics, enhancing reliability, and facilitating troubleshooting processes.

Active Electronic Components Market Report Scope

Report Attributes


Market size value in 2024

USD 332.75 billion

Revenue forecast in 2032

USD 535.79 billion


6.10% from 2024 – 2032

Base year


Historical data

2019 – 2022

Forecast period

2024 – 2032

Quantitative units

Revenue in USD billion and CAGR from 2024 to 2032

Segments covered

By Product Type, By End Use, By Region

Regional scope

North America, Europe, Asia Pacific, Latin America; Middle East & Africa

Key companies

Infineon Technologies, Advanced Micro Devices, STMicroelectronics, Microchip Technology, Analog Devices, Broadcom, NXP Semiconductors, Intel, Monolithic Power Systems, Texas Instruments, Qualcomm, Renesas Electronics, Semiconductor Components, and Toshiba Corporation


Active Electronic Components Market Size Worth $535.79 Billion by 2032.

Key players in the active electronics components market are Infineon Technologies, Advanced Micro Devices, STMicroelectronics.

Asia Pacific contribute notably towards the global active electronics components market.

The global active electronics components market is expected to grow at a CAGR of 6.0% during the forecast period.

The active electronics components market report covering key segments are product type, end use, and region.