Global Electronic Components Market is valued at approximately USD 600 billion in 2023 and is anticipated to grow with a healthy growth rate of more than 6.9% over the forecast period 2024-2032. Electronic components are crucial for the functionality and efficiency of modern electronic devices and systems. Integrated circuits (ICs), which consolidate numerous electronic components such as transistors, resistors, and capacitors into a single chip, enable complex functionalities in compact spaces. These components are integral to a wide range of applications, including rectification, signal modulation, amplification, and feedback systems. Diodes, sensors, and optoelectronic devices form the backbone of today's advanced electronic equipment across various industries.
The market is expected to grow significantly due to increased investments in next-generation AI-integrated chips and advanced display technologies such as 8K displays, which are used in various applications to provide high resolution and clarity. The integration of electronic components with IoT technology presents lucrative opportunities for market expansion. Despite the challenges posed by high investment costs, the demand for new electronic devices across industries continues to drive growth.
The key regions considered for the global Electronic Components Market study include Asia Pacific, North America, Europe, Latin America, and Rest of the World. North America is a dominating region in the Electronic Components Market in terms of revenue. The market growth in the region is being attributed to factors including presence of leading manufacturers, advanced manufacturing infrastructure, extensive supply chain networks. Whereas, the market in Asia Pacific is anticipated to grow at the fastest rate over the forecast period fueled by booming consumer electronics industry, strategic investments in research and development, along with government initiatives promoting technological innovation and regional production.
Major market players included in this report are:
- Intel Corporation
- Samsung
- TSMC
- Texas Instruments
- Broadcom Inc.
- Bosch
- NXP Semiconductors
- STMicroelectronics
- Skyworks Solutions
- Analog Devices
- Qualcomm
- Infineon Technologies
- ON Semiconductor
- Renesas Electronics
- Micron Technology
The detailed segments and sub-segment of the market are explained below:
By Type:
- Active Components
- Passive Components
- Electromechanical Components
By Application:
- Aerospace and Defense
- Healthcare
- Energy and Power
- Consumer Electronics
- Automotive
- Industrial Automation
- Telecommunication
By Region:
- North America
- U.S.
- Canada
- Europe
- UK
- Germany
- France
- Spain
- Italy
- ROE
- Asia Pacific
- China
- India
- Japan
- Australia
- South Korea
- RoAPAC
- Latin America
- Brazil
- Mexico
- Middle East & Africa
- Saudi Arabia
- South Africa
- RoMEA
Years considered for the study are as follows:
- Historical year - 2022
- Base year - 2023
- Forecast period - 2024 to 2032
Key Takeaways:
- Market Estimates & Forecast for 10 years from 2022 to 2032.
- Annualized revenues and regional level analysis for each market segment.
- Detailed analysis of geographical landscape with Country level analysis of major regions.
- Competitive landscape with information on major players in the market.
- Analysis of key business strategies and recommendations on future market approach.
- Analysis of competitive structure of the market.
- Demand side and supply side analysis of the market.
Table of Contents
Chapter 1. Global Electronic Components Market Executive Summary
- 1.1. Global Electronic Components Market Size & Forecast (2022-2032)
- 1.2. Regional Summary
- 1.3. Segmental Summary
- 1.3.1. By Type
- 1.3.2. By Application
- 1.4. Key Trends
- 1.5. Recession Impact
- 1.6. Analyst Recommendation & Conclusion
Chapter 2. Global Electronic Components Market Definition and Research Assumptions
- 2.1. Research Objective
- 2.2. Market Definition
- 2.3. Research Assumptions
- 2.3.1. Inclusion & Exclusion
- 2.3.2. Limitations
- 2.3.3. Supply Side Analysis
- 2.3.3.1. Availability
- 2.3.3.2. Infrastructure
- 2.3.3.3. Regulatory Environment
- 2.3.3.4. Market Competition
- 2.3.3.5. Economic Viability (Consumer's Perspective)
- 2.3.4. Demand Side Analysis
- 2.3.4.1. Regulatory frameworks
- 2.3.4.2. Technological Advancements
- 2.3.4.3. Environmental Considerations
- 2.3.4.4. Consumer Awareness & Acceptance
- 2.4. Estimation Methodology
- 2.5. Years Considered for the Study
- 2.6. Currency Conversion Rates
Chapter 3. Global Electronic Components Market Dynamics
- 3.1. Market Drivers
- 3.1.1. Technological Advancements and Innovation
- 3.1.2. Growing Demand for Connected Devices and IoT Solutions
- 3.2. Market Challenges
- 3.2.1. Supply Chain Disruptions and Component Shortages
- 3.3. Market Opportunities
- 3.3.1. Integration with Advanced Technologies
- 3.3.2. Expansion in Emerging Markets
Chapter 4. Global Electronic Components Market Industry Analysis
- 4.1. Porter's 5 Force Model
- 4.1.1. Bargaining Power of Suppliers
- 4.1.2. Bargaining Power of Buyers
- 4.1.3. Threat of New Entrants
- 4.1.4. Threat of Substitutes
- 4.1.5. Competitive Rivalry
- 4.1.6. Futuristic Approach to Porter's 5 Force Model
- 4.1.7. Porter's 5 Force Impact Analysis
- 4.2. PESTEL Analysis
- 4.2.1. Political
- 4.2.2. Economical
- 4.2.3. Social
- 4.2.4. Technological
- 4.2.5. Environmental
- 4.2.6. Legal
- 4.3. Top investment opportunity
- 4.4. Top winning strategies
- 4.5. Disruptive Trends
- 4.6. Industry Expert Perspective
- 4.7. Analyst Recommendation & Conclusion
Chapter 5. Global Electronic Components Market Size & Forecasts by Type 2022-2032
- 5.1. Segment Dashboard
- 5.2. Global Electronic Components Market: Type Revenue Trend Analysis, 2022 & 2032 (USD Billion)
- 5.2.1. Active Components
- 5.2.2. Passive Components
- 5.2.3. Electromechanical Components
Chapter 6. Global Electronic Components Market Size & Forecasts by Application 2022-2032
- 6.1. Segment Dashboard
- 6.2. Global Electronic Components Market: Application Revenue Trend Analysis, 2022 & 2032 (USD Billion)
- 6.2.1. Aerospace and Defense
- 6.2.2. Healthcare
- 6.2.3. Energy and Power
- 6.2.4. Consumer Electronics
- 6.2.5. Automotive
- 6.2.6. Industrial Automation
- 6.2.7. Telecommunication
Chapter 7. Global Electronic Components Market Size & Forecasts by Region 2022-2032
- 7.1. North America Electronic Components Market
- 7.1.1. U.S. Electronic Components Market
- 7.1.1.1. Type breakdown size & forecasts, 2022-2032
- 7.1.1.2. Application breakdown size & forecasts, 2022-2032
- 7.1.2. Canada Electronic Components Market
- 7.2. Europe Electronic Components Market
- 7.2.1. U.K. Electronic Components Market
- 7.2.2. Germany Electronic Components Market
- 7.2.3. France Electronic Components Market
- 7.2.4. Spain Electronic Components Market
- 7.2.5. Italy Electronic Components Market
- 7.2.6. Rest of Europe Electronic Components Market
- 7.3. Asia-Pacific Electronic Components Market
- 7.3.1. China Electronic Components Market
- 7.3.2. India Electronic Components Market
- 7.3.3. Japan Electronic Components Market
- 7.3.4. Australia Electronic Components Market
- 7.3.5. South Korea Electronic Components Market
- 7.3.6. Rest of Asia Pacific Electronic Components Market
- 7.4. Latin America Electronic Components Market
- 7.4.1. Brazil Electronic Components Market
- 7.4.2. Mexico Electronic Components Market
- 7.4.3. Rest of Latin America Electronic Components Market
- 7.5. Middle East & Africa Electronic Components Market
- 7.5.1. Saudi Arabia Electronic Components Market
- 7.5.2. South Africa Electronic Components Market
- 7.5.3. Rest of Middle East & Africa Electronic Components Market
Chapter 8. Competitive Intelligence
- 8.1. Key Company SWOT Analysis
- 8.2. Top Market Strategies
- 8.3. Company Profiles
- 8.3.1. Intel Corporation
- 8.3.1.1. Key Information
- 8.3.1.2. Overview
- 8.3.1.3. Financial (Subject to Data Availability)
- 8.3.1.4. Product Summary
- 8.3.1.5. Market Strategies
- 8.3.2. Samsung
- 8.3.3. TSMC
- 8.3.4. Texas Instruments
- 8.3.5. Broadcom Inc.
- 8.3.6. Bosch
- 8.3.7. NXP Semiconductors
- 8.3.8. STMicroelectronics
- 8.3.9. Skyworks Solutions
- 8.3.10. Analog Devices
- 8.3.11. Qualcomm
- 8.3.12. Infineon Technologies
- 8.3.13. ON Semiconductor
- 8.3.14. Renesas Electronics
- 8.3.15. Micron Technology
Chapter 9. Research Process
- 9.1. Research Process
- 9.1.1. Data Mining
- 9.1.2. Analysis
- 9.1.3. Market Estimation
- 9.1.4. Validation
- 9.1.5. Publishing
- 9.2. Research Attributes