Middle East and Africa Electronic Components Market Demand by 2028

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Data Bridge Market Research analyses that the market is growing with a CAGR of 5.4% in the forecast period of 2021 to 2028 and is expected to reach USD 10,799.19 million by 2028.

DBMR team uses simple language and easy to understand statistical images to provide thorough information and in-depth data on the Semiconductors and Electronics industry and Middle East and Africa Electronic Components Market. This industry analysis report also shares gross margin, market share, attractiveness index, and value and volume growth of all of the segments studied by the analysts. This comprehensive report makes available the recent and forthcoming technical and financial details of the industry. Middle East and Africa Electronic Components Market report also offers details about consumer’s demands, preferences, and their variable likings about particular product. The company profiles of all the key players and brands that are dominating the market have been taken into consideration here.

A reliable Middle East and Africa Electronic Components Market report provides players with crucial information and suggests result-oriented tactics to gain a competitive edge in the worldwide market. Important industry trends, market size, market share estimates are analysed and mentioned in this market research report. All the data and information, especially numerical data, involved in this report has been represented very well in the form of graphs, charts or tables for the better understanding of users. Moreover, very loyal sources such as journals, newspapers, company websites, and annual reports of the companies have been referred to collect the data which can be relied upon confidently.
 
The Middle East and Africa electronic components market is expected to gain market growth in the forecast period of 2021 to 2028. Data Bridge Market Research analyses that the market is growing with a CAGR of 5.4% in the faorecast period of 2021 to 2028 and is expected to reach USD 10,799.19 million by 2028. Rising automation and IoT under the Industry 4.0 and increasing electronics use in manufacturing, automation and defence acts as driver for the electronic components market growth.
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Market Definition:
 
Electronic components are discrete devices used in an electronic system to affect electrons as well as their associated fields. They are vital elements of circuit, which helps in its functioning. Electronic components have different number of terminals, which are connected to other components to create an electronic circuit.  Electronic components have wide applications in every industry such as defence, automotive, consumer electronic, medical and so on. Being vital part of electronic system, the electronic components market has a great potential to grow at higher rate in upcoming future.
 
The major companies which are dealing in the Middle East and Africa electronic components are:
 
  • Intel Corporation
  • Qualcomm Technologies, Inc.
  • NXP Semiconductors
  • Broadcom
  • Advanced Micro Devices, Inc.
  • Infineon Technologies AG
  • KYOCERA Corporation
  • Texas Instruments Incorporated
  • TOSHIBA CORPORATION
  • Analog Devices, Inc.
  • Hitachi High-Tech Corporation
  • Maxim Integrated
  • Monolithic Power Systems, Inc.
  • SAMSUNG ELECTRONICS CO. LTD
  • SCHURTER
  • Microchip Technology Inc.
 
Middle East and Africa Electronic Components Market Scope and Market Size
 
The Middle East and Africa electronic components market is segmented on the based on the components type, commodities type, product type and end use type. The growth among segments helps you analyse niche pockets of growth and strategies to approach the market and determine your core application areas and the difference in your target markets.
 
  • On the basis of component type, the electronic components market is segmented into processors, motors, battery, microcontroller, integrated circuit, circuit breakers, transformers, capacitors, diode, resistors, inductor, switches, relays, fuse and others. In 2021, processors segment is expected to dominate the electronic components market as it is the processing unit which is important part of any devices.
  • On the basis of commodities type, the electronic components market is segmented into brown goods, white goods, and small white goods. In 2021, brown goods segment is expected to dominate the electronic components market as it consists of TV and phones which are silicon centric devices required on a personal and commercial level with higher average cost.
  • On the basis of product type, the electronic components market is segmented into active, passive, electromechanical components and others. In 2021, active segment is expected to dominate the electronic components market as the active components include the transistors which hold a larger share in the components used for building circuits.
  • On the basis of end use type, the electronic components market is segmented into consumer electronics, networking & telecommunication, manufacturing, automotive, aerospace & defense, healthcare and others. In 2021, consumer electronics segment is expected to dominate the electronic components market as the constant demand for consumer electronics is rising owing to the constant technology innovation in the devices.
 
 
Middle East and Africa Electronic Components Market Country Level Analysis
 
The electronic components market is analysed and market size information is provided by the country, component type, commodity type, product type and end use type as referenced above.
 
The countries covered in the Middle East and Africa electronic components market report are Israel, UAE, South Africa, Saudi Arabia, Egypt and rest of Middle East and Africa.
 
Israel dominates the Middle East and Africa electronic components market due to the higher use of electronic components in consumer goods and manufacturing sector in this region.
 
The country section of the report also provides individual market impacting factors and changes in regulation in the market domestically that impacts the current and future trends of the market. Data points such as new sales, replacement sales, country demographics, regulatory acts and import-export tariffs are some of the major pointers used to forecast the market scenario for individual countries. Also, presence and availability of Middle East and Africa brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of sales channels are considered while providing forecast analysis of the country data.
 
Growing Research of New Technology for Safe Cancer Detection and Imaging is Boosting the Market Growth of Middle East and Africa Electronic Components Market.
 
The Middle East and Africa electronic components market also provides you with detailed market analysis for every country growth in particular market. Additionally, it provides the detail information regarding the market players’ strategy and their geographical presence. The data is available for historic period 2010 to 2019.
 
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