Ceramic Industry News / Advanced Ceramics

Global Market for Active Electronic Components to Reach $230 Billion by 2017

The global market for active electronic components is expected to increase from $144 billion in 2012 to nearly $230 billion by 2017, rising at a compound annual growth rate (CAGR) of 9.7%, according to “Active Electronic Components: Technologies and Global Markets,” a new report from BCC Research. The global market for active electronic components can be broken down into four regions: Asia-Pacific, Europe, North America, and the rest of the world. The Asia-Pacific region is expected to amount to $77.7 billion in 2012, and should be worth $136.5 billion by the end of 2017, a CAGR of 11.9%. The European region is projected to amount to $27.1 billion in 2012 and should reach $36.4 billion in 2017, a CAGR of 6.1%. The North American region, estimated to be worth $23.4 billion in 2012, should be worth $31.6 billion in 2017, a CAGR of 6.2%. The region made up of the rest of the world is projected to total $16.3 billion in 2012 and in 2017 should reach $25.3 billion, a CAGR of 9.2%.

For more information, visit www.bccresearch.com.

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