General Electronic Components Market Insights, Size, Share, Growth, Future Trends, Covid-19 Impact, SWOT Analysis, Top Key Players and Industry Forecasts 2022 to 2030
The global General Electronic Components Market was valued at USD 513.74 billion in 2022 and is growing at CAG) of 5.9% during the forecast period 2022 to 2030.
General Electronic Components Market Overview:
The general electronic components market consists of sales of general electronic components and related services used in a wide range of applications such as aerospace, telecommunications, automotive, and other industries. A general electronic component is a device that operates within an electronic system and affects related fields. These components have multiple electrical terminals connected to form electronic circuits with specific functions, such as amplifiers or oscillators.
The Russo-Ukrainian war has hampered any chance of a global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has resulted in economic sanctions against several countries, soaring raw material prices, and supply chain disruptions, affecting many markets around the world. The general electronic component market is expected to grow at a CAGR of 5.7% to reach $641.9 billion by 2026.
General Electronic Components market size estimates and forecasts are provided in terms of sales volume (K units) and revenue (million USD), with historical and forecast data for the period 2017 to 2030, with 2022 being considered as the base year. This report segments the global General Electronic Components market in detail. Regional market sizes related to products by type, by application, and by player are also delivered. In estimating the size of the market, we took into account the impact of COVID-19 and other global crisis.
The General Electronic Components market research report is categorized based on type, applications and region.
Market Key Players:
Vishay Intertechnology, Fairchild Semiconductor, STMicroelectronics, Texas Instruments, Toshiba, NXP Semiconductors N.V., Panasonic Corporation, Renesas Electric Corporation, Hitachi, Infineon Technologies, and others.
- Active Components
- Passive Components
- Electromechanical Components
Geographically, the global General Electronic Components market has been analysed in various regions such as North America, Europe, Asia Pacific, Latin America and Middle East & Africa (MEA).
Asia Pacific accounted for more than 40% of global revenue in 2015 and is expected to continue to dominate throughout the forecast period. The region is home to several emerging economies such as China, India and South Korea. The rapid growth of end-use industries such as consumer electronics and telecommunications in these countries has increased the demand for general electronic components in various applications. Moreover, increasing foreign direct investment along with favorable government policies are expected to boost the regional market growth over the forecast period.
- North America
- Rest of North America
- Nordic Countries
- Benelux Union
- The Netherlands
- Rest of Europe
- South Korea
- Southeast Asia
- Rest of Southeast Asia
- Rest of Asia-Pacific
- The Middle East & Africa
- Saudi Arabia
- South Africa
- Rest of the Middle East & Africa
- Latin America
- Rest of Latin America
General Electronic Components Market report scope
CAGR of 5.9% from 2022 to 2030.
Active Components, Passive Components, Electromechanical Components
Aerospace, Communication, Automotive
Vishay Intertechnology, Fairchild Semiconductor, STMicroelectronics, Texas Instruments, Toshiba, NXP Semiconductors N.V., Panasonic Corporation, Renesas Electric Corporation, Hitachi, Infineon Technologies
Regions and Countries Covered
2017 to 2022
2023 to 2030
Key Takeaways from this General Electronic Components Report
- Estimate General Electronic Components market potential through analysing growth rates (CAGR %), Volume (Units) and Value ($M) data given at country level - for product types, applications and by different industry verticals.
- Understand the supply chain in depth on the value growth at each step, in order to optimize value and bring effectiveness in your processes.
- Know the different dynamics affecting the market - challenges, key driving factors and opportunities.
- Get a quick viewpoint on the General Electronic Components market entropy - M&A's, deals, partnerships, product launches of all key companies for the historical 5 years.
- Estimate the supply-demand gaps, import-export data and regulatory landscape for more than top 20 countries worldwide for the market.
- Get complete insights on your competitor performance - market shares, strategies, financial benchmarking, product benchmarking, SWOT and more.
- Study the sales and distribution channels over key geographies to improve top-line revenues.
Frequently Asked Questions
At what CAGR is the General Electronic Components market projected to grow in the forecast period 2022 to 2030?
What are the types of General Electronic Components market?
What are the applications of General Electronic Components market?
Who are the top players in General Electronic Components market?
Which application segment is expected to drive the growth of the General Electronic Components market in the next 5 years?
Which are the key deployments types adopting General Electronic Components market?