Active Electronic Components Market: Global Industry Analysis, Size, Share, Growth, Trends, and Forecast 2017 - 2025
According to a new market report published by Transparency Market Research “Active Electronic Components Market – Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2019 – 2027” , the active electronic components market was worth US$ 252.54 Bn in 2018 and is expected to reach US$ 521.91 Bn by 2027 , growing at a CAGR of 8.4% from 2019 to 2027 . North America was the largest market for active electronic components in 2018 . Growth in this region is driven by growing adoption of renewable energy resources and micro-electromechanical systems (MEMS). Along with this, growing popularity of portable electronic devices will remain the key driver for the active electronic components market. Active electronic components market in North America is expected to be superseded by Asia Pacific during the forecast period. In 2018 , North America accounted for around 32% ...