Market Research Projects Active Electronic Components Market at $230 Billion by 2017
Rockville, MD, Marketwire - MarketResearch.com has announced the addition of the new report “Active Electronic Components: Technologies and Global Markets -- Focus on Emerging Markets,” to their collection of Electronics market reports. For more information, visit http://www.marketresearch.com/BCC-Research-v374/Active-Electronic-Components-Technologies-Global-6724196/
Electronic components are essential to industries such as computers, telecommunications, consumer electronics, and many others. Electronic components form electronic circuitry, and are used or manufactured in the electronics field, which is the study of electrical devices used for controlling electrically charged particles or the flow of electrons to execute any electrical operation.
Electronic components are also increasingly used in industries such as automotive, medical electronics, aerospace, and defense. Growth in electronic components is tied to the development of technologies and innovations in the electronics industry. Each sector is driven by a key trend that stimulates the growth of the industry. Demand in the telecommunications industry is tied to the expansion of the communications network across the world. The increasing adoption and transition toward 3G/4G technologies and increasing bandwidth in Internet communication have increased the need for electronic devices, thereby leading to the growth of electronic components.
The global market for active electronic components reached $137.6 billion in 2011. It is expected to reach $144.5 billion in 2012 and it will further grow to $229.8 billion by 2017 at a compound annual growth rate (CAGR) of 9.7%.
The emerging market for active electronic components reached $14.7 billion in 2010. It is expected to reach $16.3 billion in 2012 and it will further grow to $25.3 billion by 2017 at a CAGR of 9.2%.
The integrated circuits market in emerging/rest of the world market was $4.6 billion in 2011 and is expected to reach $4.9 billion by 2012. The report predicts that this market will grow to $7.4 billion by 2017 at a CAGR of 8.5%.
For more information, visit http://www.marketresearch.com/BCC-Research-v374/Active-Electronic-Components-Technologies-Global-6724196/
MarketResearch.com is the leading provider of global market intelligence products and services. With over 300,000 research reports from more than 700 top consulting and advisory firms, MarketResearch.com offers instant online access to the world’s most extensive database of expert insights on global industries, companies, products, and trends. For more information, call Veronica Franco at 240-747-3016 or visit www.MarketResearch.com.