A short market research on global electronic components industry & how express technology group has

A Short Market Research On Global Electronic Components Industry & How Express Technology Group Has Helped As Modernization continues to envelop the society, so do we find that there is a great rise in the usage of electrical components, and thus a rise in wholesale electronic components distributors. To understand this, we could investigate into the depths of what the overall global market on electronic components look like! A recent research by a well-known Market Research company has revealed that the global electronic component market is to project up to US Dollars 233.1 billion by the year 2020. When it comes to the consumer electronic products like smartphones, PCs etc., there has been an upsurge in their demand; which has caused a rise in the demand for Electronic components.

The upward movement of demand for the Electronic Components is dependent on the present upsurge in the demand for memory, advanced processor as well as sensors in the smartphones. It requires mention that

the upsurge in the demand of the global Electronic Components Market in the Asia-Pacific region is the fastest growing in terms of industrial development which has a Compound Annual Growth Rate of 7.4%.

Segmentation of the Market On Two Different Bases The global market of electronic component has been basically segmented on the basis of who the end users are or what the product is. It has been further studied that the product type segmentation is based on the following, namely: semiconductor devices, optoelectronic devices, display technologies, vacuum tubes, capacitors, relays, etc. The second type is based on the end-user, namely; consumer electronics, healthcare, aerospace, locomotive, defense and so on and so forth.

Regional Analysis- United States of America If we go into the details of what the industry looks like in the United States of America, North America seems to be the topmost when it comes to market share in the electronic components market despite of what we have said about the market in the Asia-Pacific Countries.

Having said the above, we could place some attention to individual implements or components that might just help us delve deeper into the study of the Market. Therefore, here are three Electronic Components of which, we could study about: ¡ Integrated Circuits: The global market indicates that the Market for the Integrated Circuits has shown an upwards movement in the Sales graph probably due to an increase in the sale of electronic consumer goods such as smart phones, androids, computers etc. in which these are utilized. ¡ Capacitors: The use of capacitors are facing an increase in their adoption and hence in their sales due to the efficiency in saving energy, the rise of demand for energy efficient devices, emergence of smartphones and emergence of new technologies.

¡ Connectors: With an ever increasing demand for reliable, feel-safe electronics devices in a vast range of industries, from telecommunications, locomotive, to computers and many more, the market growth potential of the Capacitors on a global level has been projected to become 80.3 billion US Dollars by the year, 2022. It has also been seen that US does not lag far behind the major market, namely the Asia-Pacific Region.

Having seen how the above, we could naturally believe that this industry has a far way to go!

Express Technology- A Beckoning Light Whether, it comes to Littelfuse wholesale diode suppliers or electronic components wholesale distributors, since its inconception fifteen years back, Express Technology Group has proven itself to be the most dependable supplier of these components. Not just the products but also, its personalized services set it apart from many other companies. Seeing this it can easily be realized how much help it gives us.

The above analysis should help you understand how important this industry is! And how you can secure the best services on acquiring the best qualities of electronic components and all help that you need.