Active Electronic Components Industry The global active electronic components market was valued at an estimated USD 338.87 billion in the year 2024 and is expected to witness consistent growth at a compound annual growth rate (CAGR) of 6.9% during the forecast period spanning from 2025 to 2030. Active electronic components are essential elements integrated into electronic circuits, primarily to...

The global automotive suspension market is undergoing a significant transformation, fueled by technological advancements, consumer demand for a smoother ride, and increased focus on vehicle handling and stability. According to industry analysts, the market is expected to witness substantial growth over the coming years, driven by increased automotive production, rising disposable...

Allied Market Research, titled, “Electronic Components Market by Type and Application: Global Opportunity Analysis and Industry Forecast, 2024-2032." The electronic components market was valued at $0.6 trillion in 2023 and is estimated to reach $1.0 trillion by 2032, growing at a CAGR of 6.9% from 2024 to 2032. The market for electronics components is made up of a rich...