The Global Active Electronic Components Market is anticipated to reach around USD 519 billion by 2026 According to a new research published by Polaris Market Research. In 2017, the consumer electronics segment dominated the global market, in terms of revenue. In 2017, North America accounted for the majority share in the global Active Electronic Components market.
The increasing demand for active electronic components from consumer electronics and wearables, and rising penetration of smart devices drives the growth of the market. The expanding global automotive industry, along with increasing demand from the healthcare sector increases the demand for active electronic components. The rising adoption of MEMS and NEMS technologies, and IoT further boosts the demand of active electronic components. Other factors driving the market growth include growing modernization of automobiles, technological advancements, and adoption of smart technologies. New emerging markets, emerging consumer demographics, and increasing demand from diversified industries would provide growth opportunities for Active Electronic Components market during the forecast period.
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In 2017, North America accounted for the highest share in the Active Electronic Components market. The primary factors driving the Active Electronic Components market growth in the region include rising demand for security systems and business intelligence, increasing demand for consumer electronics, technological advancements, and high investment in R&D. The rising sale of luxury and modernized vehicles, increasing development of smart cities, and growing adoption of connected devices and IoT further increases the demand of active electronic components in the region.
The leading companies profiled in the Active Electronic Components Market report include Infineon Technologies AG, NXP Semiconductors N.V., Toshiba Corporation, Analog Devices, Inc., Texas Instruments, Inc., Hitachi AIC Inc., Panasonic Corporation, Diotec Semiconductor AG, Renesas Electronics Corporation, and Fairchild Semiconductor International, Inc. These companies launch new products and collaborate with other market leaders to innovate and launch new products to meet the increasing needs and requirements of consumers.
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Smart Connected Devices Market Share Research Report: By Product (Smartphones, Smart Watch, Smart Glasses, Wireless Printers, Smart Meters, Smart Cameras, Connected Bulbs, Smart Locks), End User (Industrial, Commercial, Residential) – Forecast Till 2023Market OverviewThe Smart Connected Devices is a pet topic for the future of the world.
Equipped with advanced sensors and technologies smart connected devices, represent a step change in form and function.
Witnessing substantial R investments, connectivity solutions are proceeding rapidly finding their way to the prominence, more so than in the volume segment.Market Research Future (MRFR), in its recently published study report asserts that the global Smart Connected Devices Market Share is forecasted to perceive enormous growth by 2023 in terms of value and volume, With a striking rate of CAGR; surpassing its previous growth records throughout the forecasted period (2017 – 2023).There will be enough innovation and new levels of connectivity among devices, enabling new services inside and outside the home.
As these devices mature technologically, it will influence market trends and automakers’ relationships.
Features like safety sensors and smartphone integration are already becoming common.Get Free Sample Report @ https://www.marketresearchfuture.com/sample_request/5668The augmenting demand for tablets, smartphones, and other smart devices and growing popularity of BYOD (bring your own device) in the offices along with the augmenting demand for mobile smart connected devices are fuelling the market growth.The market proliferation of smart connected devices, such as smart thermostats, smart doors, smart locks, and other smart home appliances is providing impetus to the growth of Smart Connected Devices Market Share.
Furthermore, technological advancements in the field of smart devices and the growing penetration of Internet of Things (IoT) are fostering the market growth.On the other hand, cybersecurity concerns are expected to restrict the market growth during the forecast period.Key PlayersSome of the prominent players in the global smart connected devices market are Sony Corporation (Japan), Samsung Electronics Co. Ltd. (South Korea), Motorola Solutions Inc. (U.S.), Nokia Networks (Finland), LG Corporation (South Korea), Hewlett-Packard (U.S.), HTC Corporation (Taiwan), Apple Inc. (U.S.), Dell Inc. (U.S.), Gionee Communication Equipment Co. Ltd (China), Micromax Informatics (India), Videocon Industries Ltd. (India), Acer Inc. (Taiwan), Lenovo Group Ltd. (Hong Kong), Blackberry Ltd. (Canada), and ZTE Corporation (China), among others.Global Smart Connected Devices Market – SegmentationThe global smart connected devices market is segmented on the basis of product and end user.By product, the smart connected devices market is segmented into media players, smartphones, smartwatch, tablets, smart glasses, smart band, wireless printers, smart clothing, smart cameras, smart meters, smart locks, connected bulbs, smart home appliances, and smart thermostats.
Scope of the ReportThe report titled “Global Building Automation Software Market: Size, Trends & Forecasts (2018-2022)”, provides an in-depth analysis of the global building automation software market by value, by segments, etc.
The report also gives an insight of the global building automation market and global building automation hardware market.The report also assesses the key opportunities in the market and outlines the factors that are and will be driving the growth of the industry.
Growth of the overall global building automation market has also been forecasted for the period 2017-2022 taking into consideration the previous growth patterns, the growth drivers and the current and future trends.The key players of the building automation software market are Siemens, Honeywell, Johnson Controls and Schneider Electric, who are also profiled with their business overview, financial analysis and respective business strategies.Request a PDF sample of this report @ http://www.orbisresearch.com/contacts/request-sample/2136071Company CoverageSiemensHoneywellJohnson ControlsSchneider ElectricExecutive Summary Building automation is creating an automatic centralized system for a building which controls the heating, air conditioning, ventilation, lighting and other systems of the building.
The Building Automation helps not only in monitoring the climate and making automatic adjustments based on temperature and movement, but also in troubleshooting any problem in the system of the building.
The building automation software and controls is further segmented into building automation products; integration, installation, services and software, systems and interface.The global building automation software market is expected to grow at significant growth in next few years.
The market is anticipated to increase due to growing demand for smart homes, upsurge in demand of Internet of Things (IoT), growing trend of cloud computing, rising penetration of smartphones and internet and increasing new building construction and renovation.
