Components | January 09, 2012
Active Electronic Components Market to soar
The Active Electronic Components Market is projected to reach USD 230 billion by 2017.
Electronic components are essential to industries such as computers, telecommunications, consumer electronics, and many others. Electronic components form electronic circuitry, and are used or manufactured in the electronics field, which is the study of electrical devices used for controlling electrically charged particles or the flow of electrons to execute any electrical operation. Electronic components are also increasingly used in industries such as automotive, medical electronics, aerospace, and defense. Growth in electronic components is tied to the development of technologies and innovations in the electronics industry. Each sector is driven by a key trend that stimulates the growth of the industry. Demand in the telecommunications industry is tied to the expansion of the communications network across the world. The increasing adoption and transition toward 3G/4G technologies and increasing bandwidth in Internet communication have increased the need for electronic devices, thereby leading to the growth of electronic components. The global market for active electronic components reached USD 129.5 billion in 2010. It reached an estimated USD 137.6 billion in 2011 and is expected to reach USD 144.5 billion in 2012. It will further grow to USD 229.8 billion by 2017, increasing at a compound annual growth rate (CAGR) of 9.7% between 2012 and 2017, a new report from BCC Research states. In the consumer electronics sector, growing acceptance and increasing usage of digital entertainment are widespread across the globe. In addition, consumer products such as digital cameras, portable music players, gaming consoles, and so on have contributed to the growth of the electronic products industry. Development in the area of personal computers, such as desktop PCs and laptops, has contributed a major share of growth in the electronics industry. With new software continually being introduced, compatible systems to run the software are required which leads to innovation in new processors and other system components. In the automotive industry, greater adoption of electronic components such as global positioning systems (GPS), enhanced sound systems, car entertainment, and parking and driver assistant systems have led to the increased growth of the electronics industry. Miniaturization and increased functionality with greater performance are the key factors that drive the electronic components market in the aerospace and defense industry. In the medical electronics field, there is a significant increase of electronic equipment in clinics and hospitals used for the early detection of health-related issues and for effective treatments and cure.
New VP of business development at Smith The distributor of electronic components and semiconductors has appointed Renato Souza to the position of Vice President of Business Development. Renato previously served as Vice President, Latin America of Smith since 2017.
Bosch launches 5G tests at Reutlingen wafer fab The German company believes 5G will be a key building block of digitalization and connectivity in manufacturing and logistics. And for that reason, Bosch is now starting compatibility tests and channel measurements for setting up a 5G network in its wafer fab in Reutlingen.
ACM Research receives orders from two new analog/power IC customers The supplier of wafer cleaning technologies for advanced semiconductor devices, has received purchase orders and final stage bidding activities for a total of USD 36 million from two new China-based customers that manufacture analog and power IC devices.
ClassOne's Solstice plating system selected for advanced MicroLEDs Semiconductor equipment manufacturer ClassOne Technology announces the sale of its Solstice GoldPro electroplating system to an unnamed developer of microLED technology for advanced applications.
Jenoptik: order intake down on prior year; order backlog slightly up From January through early March business performance was in line with expectations, but clear impacts of the corona pandemic and increasing uncertainty within the automotive industry became apparent from late March on.
Smiths Detection completes acquisition of PathSensors Smiths Detection has completed the acquisition of PathSensors, a bio-technology solutions and environmental-testing company, based in Baltimore, MD, USA.
Saab divests Dutch-based QPS Saab has divested the Dutch-based company QPS (Quality Positioning Services), a provider of hydrographic software solutions within the global maritime industry. The decision is in line with Saab’s strategy to optimise its product portfolio and increase focus on five core areas.
Eyeing SiC and GaN potential – GlobalWafers team up with NCTU Advancements in 5G and electric vehicle technologies are bringing the mounting demands of power semiconductor. GlobalWafers is teaming up with the National Chiao Tung University (NCTU) to develop the third generation semiconductor material.
Phison expands with new R&D centre Taiwanese NAND Flash controller IC and storage solutions provider, Phison Electronics, broke ground on a new R&D center and inventory management in Guangyuan Science Park in Zhunan township, back in late march.
Infineon swings to loss as the pandemic continues impact target markets “Infineon has so far coped well with the challenging situation caused by the coronavirus pandemic. As a company, we reacted quickly to the new situation and established a framework that has enabled us to stabilize our business,” says CEO Dr. Reinhard Ploss.
Murata completes new production building The Japanese manufacturer’s subsidiary, Izumo Murata Manufacturing, has completed the construction of a new production facility which started back in August 2019.
Analog Devices team up with Intel to address 5G network design challenges The companies are collaborating to create a flexible radio platform that addresses 5G network design challenges and will enable customers to scale their 5G networks more quickly and economically.
Atlas Copco has acquired the technology and operating assets of iTrap The Swedish company has acquired a technology for process diagnostics and control in the semiconductor industry.
Goodix closes acquisition of Dream Chip Technologies Shenzhen Goodix Technology Co. Ltd., an integrated solution provider, has completed its acquisition of Dream Chip Technologies GmbH (DCT), a fabless German semiconductor technology company.
Rebound Electronics team up with IHS Markit The pace of change in the electronics industry continues unabated for all customer types – OEM, ODM and EMS. This is driven by all component manufacturer types – including semiconductor, passive, connector and electromechanical – dynamically changing pricing, lead time, life cycle management and more.
New management takes the reins at Würth Elektronik eiSos As of the 1st of May 2020, Dirk Knorr and Josef Wörner have been appointed as General Managers for the German business of the Würth Elektronik eiSos GmbH & Co. KG, having been a part of the management circle of the company for years.
Seasoned financial and semiconductor executive joins GlobalFoundries GlobalFoundries has appointed David Reeder as its new Chief Financial Officer (CFO).
Global Semiconductor Packaging Materials Market to Reach $20.8 Billion by 2024 The global semiconductor packaging materials market will track chip industry growth to expand from USD 17.6 billion in revenue logged in 2019 to USD 20.8 billion in 2024, a 3.4% Compound Annual Growth Rate (CAGR), SEMI and TechSearch International forecast.
Analog Devices acquires HDMI business from INVECAS Analog Devices, Inc. has acquired the High Definition Multimedia Interface (HDMI) business of Santa Clara based INVECAS.
Intel’s chief engineering officer to leave the company Changes to Intel’s technology organisation are coming. New leaders have been appointed and Murthy Renduchintala will leave the company.Load more news