CAGR of 9.7% in Active Electronic Components Market says

ROCKVILLE, MD--(Marketwire - Jan 6, 2012) - has announced the addition of the new report "Active Electronic Components: Technologies and Global Markets -- Focus on North America," to their collection of Electronics market reports. For more information, visit

The global market for active electronic components reached $129.5 billion in 2010. It reached an estimated $137.6 billion in 2011 and is expected to reach $144.5 billion in 2012. It will further grow to $229.8 billion by 2017, increasing at a compound annual growth rate (CAGR) of 9.7% between 2012 and 2017.

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.

For more information, visit

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