Global Active Electronic Components Market Size, Share, and COVID-19 Impact Analysis, By Product Type (Semiconductor, Vacuum Tubes, Display Devices, and Others), By End-use (Consumer Electronics, Networking & Telecommunication, Automotive, Manufacturing, Aerospace & Defense, Healthcare, and Others), By Region (North America, Europe, Asia-Pacific, Latin America, Middle East, and Africa), Analysis and Forecast 2025 - 2035

Global Active Electronic Components Market Size Insights Forecasts to 2035

• The Global Active Electronic Components Market Size Was Estimated at USD 328.98 Billion in 2024
• The Market Size is Expected to Grow at a CAGR of around 6.85% from 2025 to 2035
• The Worldwide Active Electronic Components Market Size is Expected to Reach USD 681.65 Billion by 2035
• North America is expected to Grow the fastest during the forecast period.

According to a Research Report Published by Spherical Insights and Consulting, The Global Active Electronic Components Market Size was worth around USD 328.98 Billion in 2024 and is projected to Grow from USD 351.57 Billion in 2025 to around USD 681.65 Billion by 2035 at a compound annual growth rate (CAGR) of 6.85% during the forecast period (2025–2035).  One of the key opportunities is the need for sophisticated active components like integrated circuits, transistors, and diodes to provide more functionality and connections, driven by the rapidly growing number of consumer electronics, such as smartphones, wearables, and tablets. An increase in RF, high-frequency semiconductors, and power devices is required due to the growth of 5G infrastructure and IoT. The expansion of ADAS systems, automotive electronics, and electric vehicles necessitates power management and dependability from active components.  

Global Active Electronic Components Market Forecast and Revenue Size

• 2024 Market Size: USD 328.98 Billion
• 2025 Market Size: USD 351.57 Billion
• 2035 Projected Market Size: USD 681.65 Billion
• CAGR (2025-2035): 6.85%
• Asia Pacific: Largest market in 2024
• North America: Fastest growing market

Market Overview

Active electronic components are electrical devices that require an external power source to operate and have the ability to switch, magnify, or regulate the flow of voltage or current in a circuit.  By entering active electrical components and functioning as AC circuits, these increase power and voltage levels in electronic devices. All active components need some energy source, typically from a DC circuit. Some of the drivers for such market growth include the demand for active electronic components across a wide variety of industries and the demand for connected devices. Global car manufacturers are searching to use a wide variety of electronics and technology in their vehicles in an effort to draw in more end users and customers. The market for active electronic components in the automotive industry is greatly influenced by the ongoing immigration for luxury and ultra luxury vehicles. In July 2022, NXP Semiconductors entered into a collaboration with Hon Hai Technology Group to develop platforms for the new generation of smart connected vehicles. Hon Hai, a technology solution provider and electronics manufacturer, will leverage NXPs automotive technology portfolio and track record of safety and security to drive architectural innovation and platforms for electrification, connectivity, and safe autonomous driving, all of which will increase demand for their customers using active electronic components in automotive.

Indias government has started a number of significant projects to increase the production of active electronic components.  At an investment of 22,919 crore, the Electronics Component Manufacturing Scheme seeks to generate 4,56,500 crore in output, attract around 59,350 crore in investment, and create approximately 91,600 direct jobs. Additionally, the Production Linked Incentive scheme is being introduced in India, which offers 4 to 6% rewards on incremental sales for the production of mobile phones and specific components.   

Key Market Insights

• Asia Pacific is expected to account for the largest share in the active electronic components market during the forecast period.
• In terms of product type, the semiconductor segment is projected to lead the active electronic components market throughout the forecast period
• In terms of end-use, the consumer electronics segment captured the largest portion of the market

Active Electronic Components Market Trends

• Semiconductor segment dominance & growth
• IoT, AI & integration with intelligent systems
• Automotive electrification & advanced mobility
• Use of new materials & advanced packaging
• Energy efficiency, sustainability & regulatory push

Report Coverage

This research report categorizes the active electronic components market based on various segments and regions, forecasts revenue growth, and analyzes trends in each submarket. The report analyzes the key growth drivers, opportunities, and challenges influencing the active electronic components market. Recent market developments and competitive strategies, such as expansion, type launch, development, partnership, merger, and acquisition, have been included to draw the competitive landscape in the market. The report strategically identifies and profiles the key market players and analyzes their core competencies in each sub-segment of the active electronic components market.

Driving factors:

Demand rises for photodiodes and power transistors in EVs, driving the active electronic components market.

One major contributing factor to the active electronic components market is that it is limited to consumer electronics and printed circuit boards. These devices have increasingly been adopted in military, space, and satellite technology, and automobile applications. The active electronic components industry is anticipated to grow, driven by increased renewable energy use and the trend toward electric and hybrid vehicles. Examples of renewable energy fixtures or equipment include solar turbines, panels, UPSs, and inverters. Photodiodes and photo-transistors are examples of active electronic components.

Restraining Factor:

High and volatile raw material and labor costs restrict the market.

The market for active electronic components is restricted by several important factors, such as the cost of raw materials. These prices often vary wildly throughout the day and continuously fluctuate. Labor costs also add to the price of the final product. This is the biggest limitation on the active electronic component market.

Market Segmentation 

The global active electronic components market is divided into product type and end-use.

Global Active Electronic Components Market, By Product Type:

Why does the semiconductor segment hold the largest revenue share in the global Active Electronic Components market, accounting for approximately 58.1% of the total market during the forecast period?

The semiconductor segment led the active electronic components market, generating the largest revenue share. The semiconductor is praised as a material that exhibits properties somewhere between an insulator and a conductor and is responsible for regulating and controlling the flow of current in electrical components and devices. Integrated circuits are therefore a vital component of the electronic chips in computing parts and many electrical devices, including solid-state storage.    

The vacuum tubes segment in the active electronic components market is expected to grow at the fastest CAGR over the forecast period. The vacuum tubes segment is driven by the growing need for vacuum tubes in high-power applications like medical imaging equipment, radar systems, and broadcasting, where their high-power handling and dependability in challenging conditions are crucial, which is what is driving this increase.

Global Active Electronic Components Market, By End-use:

Why does consumer electronics represent the largest application segment, capturing approximately 31.7% market share during the forecast period in the global active electronic components market?  

The consumer electronics segment held the largest market share in the active electronic components market. The main factor driving growth is the rising need for semiconductor devices for various consumer electronics such as digital cameras, smartphones, gaming consoles, wearable technology, and set top Boxes. Additionally, networking hardware is in great demand, especially in the home application and office automation sectors. Networking devices, such as modems, routers, repeaters, and gateways, are in high demand. Throughout the forecasting period, the demand for network devices and other IT devices is expected to cause the demand for active electronics components to increase. In June 2022, Finland-based consumer electronics, IT, and telecommunications firm, Nokia Corporation, announced a new Fiber to the Home kit aimed at assisting service providers in deploying fiber networks to rural communities in the United States.    

The automotive segment in the active electronic components market is expected to grow at the fastest CAGR over the forecast period. Car manufacturers around the world are focused on leveraging various electronics and technology in order to attract customers. The rising demand for luxury and ultra luxury vehicles has had an impact on the active electronic components market. Subsequently, in recent years, there has been a substantial increase in electronic components in vehicles because of a higher dependency on these systems and safety features. Electronic components are often used to improve the performance and efficiency of powertrain systems.  

Regional Segment Analysis of the Global Active Electronic Components Market

• North America (U.S., Canada, Mexico) 
• Europe (Germany, France, U.K., Italy, Spain, Rest of Europe)
• Asia-Pacific (China, Japan, India, Rest of APAC)
• South America (Brazil and the Rest of South America) 
• The Middle East and Africa (UAE, South Africa, Rest of MEA)

Asia Pacific Active Electronic Components Market Trends

What factors contribute to the Asia Pacific region holding the largest share, approximately 55.5%, of the global active electronic components market during the forecast period?

Asia Pacific is dominant in the global active electronic components market, with an estimated 55.5% share during the forecast period. The active electronic components market in the Asia Pacific has expanded greatly in recent years, mainly because the Asia Pacific is primarily recognized as a consumer electronics manufacturing hub and is leading the world’s electronics industry. Its favorable factors for construction and exporting have made it the dominant area of electronics manufacturing as a region, including relatively lower labor costs, a large and highly skilled workforce, growing foreign direct investment locations, government initiatives encouraging the creation of electronic components, and preferential trading advantages to North America and Europe. Asia Pacific economies like China, India, Vietnam, and Malaysia are the primary driving forces of the electronics market expansion in the Asia Pacific region. These economies will largely grow their share in the global market and solidify their position in the semiconductor industry over the forecast period. 

North America Active Electronic Components Market Trends

How is the North America region expected to capture the fastest share of the active electronic components market by 2025, with the fastest growth rate? 

North America is expected to capture fastest share of the active electronic components market by 2025, due to several key factors. The North America region is a result of the fact that it provides seamless connectivity among the vehicles and the network, wireless carriers, including Verizon Inc. and AT&T Inc., are investing in the rollout of the next-generation wireless service 5G. The COVID-19 pandemic may have delayed the industrial rollout of 5G in the United States. Nevertheless, through substantial investments in the rollout of smart cities and an efficient network of additional infrastructure, the US government is attempting to make up for that delay. Therefore, networking devices and telecom equipment are expected to experience growth parallel to the ongoing expansion of 5G network infrastructure in North America.

Why does the United States lead the North American active electronic components market?

The demand for active electronic components is expected to steadily grow in the United States, driven by advancements in technology and demand from the consumer electronics, automotive, telecommunications, and industrial segments. In addition, the expansion of the Internet of Things (IoT) and increased dependence on energy from renewable resources are further driving the need for active electronic components.

Competitive Analysis:

The report offers the appropriate analysis of the key organizations/companies involved within the global active electronic components market, along with a comparative evaluation primarily based on their type of offering, business overviews, geographic presence, enterprise strategies, segment market share, and SWOT analysis. The report also provides an elaborate analysis focusing on the current news and developments of the companies, which includes type development, innovations, joint ventures, partnerships, mergers & acquisitions, strategic alliances, and others. This allows for the evaluation of the overall competition within the market.

Worldwide Top Key Players in The Active Electronic Components Market Include

• Infineon Technologies AG
• Advanced Micro Devices, Inc.
• STMicroelectronics N.V.
• Microchip Technology, Inc.
• Analog Devices, Inc.
• Broadcom Inc.
• NXP Semiconductors N.V.
• Intel Corporation
• Monolithic Power Systems, Inc.
• Texas Instruments Incorporated
• Qualcomm Inc.
• Renesas Electronics Corporation
• Semiconductor Components Industries, LLC
• Toshiba Corporation
• Others

Key Target Audience

• Market Players
• Investors
• End-users
• Government Authorities 
• Consulting And Research Firm
• Venture capitalists
• Value-Added Resellers (VARs)

Recent development

• In September 2024, Qualcomm Inc. introduced new advancements for PC users with its Snapdragon X Plus, boosting performance in AI-powered features like Copilot. This processor enhances productivity, collaboration, and entertainment with AI acceleration and superior efficiency. Qualcomm is positioning itself as a leader in AI-driven computing solutions, aiming to optimize experiences in connected PCs while maintaining high energy efficiency and powerful processing capabilities.  

• In January 2024, Frore Systems introduced the AirJet Mini Slim, an improved version of its renowned solid-state active cooling device, at CES 2024. The AirJet Mini Slim is a slimmer, lighter, and smarter iteration of the AirJet Mini introduced a year ago that can sense its temperature and clean itself.

• In December 2024, in western Japan's Hyogo Prefecture, Toshiba revealed that it is going to build a new manufacturing facility for power semiconductors at the Himeji Operations. Production is expected to begin in the spring of 2025 once construction begins in 2024. In comparison to fiscal 2022, the project will almost triple Toshiba's Himeji manufacturing capabilities for automotive power semiconductors. Infineon Technologies AG announced in July 2016 that it would acquire Cree Inc.'s RF power and Wolf speed Power divisions. Infineon was able to strengthen its position in the semiconductor business as a result of the agreement.

Market Segment

This study forecasts revenue at the global, regional, and country levels from 2020 to 2035. Spherical Insights has segmented the active electronic components market based on the following segments:

Global Active Electronic Components Market, By Product Type

• Semiconductor
• Vacuum Tubes
• Display Devices
• Others

Global Active Electronic Components Market, By End-Use

• Consumer Electronics
• Networking & Telecommunication
• Automotive, Manufacturing
• Aerospace & Defense
• Healthcare
• Others

Global Active Electronic Components Market, By Regional Analysis

• North America
  • US
  • Canada
  • Mexico
• Europe
  • Germany
  • UK
  • France
  • Italy
  • Spain
  • Russia
  • Rest of Europe
• Asia Pacific
  • China
  • Japan
  • India
  • South Korea
  • Australia
  • Rest of Asia Pacific
• South America
  • Brazil
  • Argentina
  • Rest of South America
• Middle East & Africa
  • UAE
  • Saudi Arabia
  • Qatar
  • South Africa
  • Rest of the Middle East & Africa