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The active electronic components market size is forecast to increase by USD 125.3 billion at a CAGR of 6.78% between 2023 and 2028. The market's growth is influenced by various factors, such as the rising demand for IoT devices, which drives the growth of the semiconductor industry. Additionally, there's a growing need for renewable energy sources, further stimulating market expansion. These factors collectively contribute to the market's upward trajectory, reflecting the increasing reliance on IoT technologies and the shift towards sustainable energy solutions. Moreover, the proliferation of connected devices and the Internet of Things (IoT) has significantly increased the demand for semiconductor devices. This trend is expected to continue as more industries and applications adopt IoT platforms. Additionally, the growing focus on renewable energy sources to mitigate environmental concerns is driving the demand for energy-efficient semiconductor devices, further propelling market growth.
1 Executive Summary
2 Market Landscape
3 Market Sizing
4 Historic Market Size
5 Five Forces Analysis
6 Market Segmentation by End-user
7 Market Segmentation by Product
8 Customer Landscape
9 Geographic Landscape
10 Drivers, Challenges, and Opportunity/Restraints
11 Competitive Landscape
12 Competitive Analysis
13 Appendix
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