The article cited AMA's Global Electronic Components Market Study explored substantial growth with CAGR of 8.7%. According the report, Technological Advantages of Ultra-Capacitors in Large-Cell Applications
is one of the primary growth factors for the market. Increasing Demand for Consumer Electronic Devices
is also expected to contribute significantly to the Electronic Components market. Overall, Consumer Electronics [Home Appliance, Office Gadgets, Audio & Video Systems, Storage Devices]
applications of Electronic Components, and the growing awareness of them, is what makes this segment of the industry important to its overall growth. The presence of players such as Intel Corporation (United States), Samsung Semiconductor, Inc. (United States), Qualcomm (United States), SK Hynix Inc. (South Korea), Texas Instruments Inc. (United States), Broadcom Inc. (United States), Micron Technology Inc. (United States), TE Connectivity (Switzerland), TDK Corporation (Japan), Epcos India Pvt Ltd (India), Vishay Components India Pvt Ltd (India) and Deki Electronics Ltd (India) may see astonishing sales in this Market and certainly improve revenue growth.
The Industry Verticals, such as Automotive, is boosting the Electronic Components market. Additionally, the rising demand from SMEs and various industry verticals, macro-economic growth are the prime factors driving the growth of the market.
AMAs Analyst on the Global Electronic Components market identified that the demand is rising in many different parts of the world as "Increasing Investment into Research and Development". Furthermore, some recent industry insights like "In August 2022, Hitachi Power Solutions Co., Ltd. announced the launch of Scanning Acoustic Tomograph "FineSAT7" from October 1, as the newest model of FineSAT series of devices that detects and images minute structures and defects*1 such as delamination and voids inside semiconductors and electronic components nondestructively by utilizing the reflective and transmissive properties of ultrasonic wave." is constantly making the industry dynamic. One of the challenges that industry facing is "E-waste management"
The report provides an in-depth analysis and forecast about the industry covering the following key features:
Detailed Overview of Electronic Components market will help deliver clients and businesses making strategies. Influencing factors that thriving demand and latest trend running in the market What is the market concentration? Is it fragmented or highly concentrated? What trends, challenges and barriers will impact the development and sizing of Electronic Components market SWOT Analysis of profiled players and Porter's five forces & PEST Analysis for deep insights. What growth momentum or downgrade market may carry during the forecast period? Which region may tap highest market share in coming era? What focused approach and constraints are holding the Electronic Components market tight? Which application/end-user category or Product Type [Active Components [Transistors, Diodes, Integrated Circuit, Others] and Passive Components [Capacitors, Resistors, Inductors, Others]] may seek incremental growth prospects? What would be the market share of key countries like Germany, USA, France, China etc.?
Market Size Estimation In market engineering method, both top-down and bottom-up approaches have been used, along with various data triangulation process, to predict and validate the market size of the Electronic Components market and other related sub-markets covered in the study.
o Key & emerging players in the Electronic Components market have been observed through secondary research. o The industrys supply chain and overall market size, in terms of value, have been derived through primary and secondary research processes. o All percentage shares, splits, and breakdowns have been determined using secondary sources and verified through primary sources.
Data Triangulation The overall Electronic Components market size is calculated using market estimation process, the Electronic Components market was further split into various segments and sub-segments. To complete the overall market engineering and arriving at the exact statistics for all segments and sub-segments, the market breakdown and data triangulation procedures have been utilized, wherever applicable. The data have been triangulated by studying various influencing factors and trends identified from both demand and supply sides of various applications involved in the study. Along with this, the Global Electronic Components market size has been validated using both top-down and bottom-up approaches.