Product Code: ETC361419 | Publication Date: Aug 2022 | Updated Date: Apr 2025 | Product Type: Market Research Report | |
Publisher: 6Wresearch | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 | |
The Saudi Arabia Active Electronic Components Market may undergo a gradual slowdown in growth rates between 2025 and 2029. Starting high at -0.01% in 2025, the market steadily declines to -0.01% by 2029.
The active electronic components market in Saudi Arabia is a dynamic sector that underpins various industries, including consumer electronics, telecommunications, automotive, and more. Active electronic components encompass devices like transistors, integrated circuits, and sensors that are capable of signal amplification, modulation, and other active functions. The market`s growth is closely tied to technological advancements and the rapid evolution of industries that rely on electronics for innovation. Saudi Arabia ambitions for technological progress and digital transformation have led to an increased demand for cutting-edge electronic components to support the development of advanced systems and devices. This market`s landscape is characterized by collaborations between international electronic component manufacturers and local businesses, fostering knowledge transfer and localized production capabilities.
The Saudi Arabia active electronic components market is driven by factors such as technological advancements, rising demand for consumer electronics, and the integration of electronics in various industries. The increasing adoption of smartphones, smart devices, and electronics in automotive and industrial applications is fueling the demand for active electronic components, including semiconductors and sensors.
The Saudi Arabia active electronic components market encounters challenges in keeping up with rapid technological advancements and maintaining a skilled workforce to design, manufacture, and integrate these components. Addressing market demand while managing obsolescence is an ongoing concern.
The COVID-19 pandemic had a significant impact on the active electronic components market in Saudi Arabia. The electronics manufacturing sector faced disruptions in supply chains and reduced demand for consumer electronics as consumers focused on essential goods. Manufacturing slowdowns and limitations on international trade affected the availability of components. However, the pandemic also highlighted the importance of technology for remote work and online activities, which increased the demand for certain electronic devices. As manufacturing activities resumed and technology adoption increased, the active electronic components market started to recover, driven by sectors such as telecommunication and home electronics.
The Saudi Arabia active electronic components market is dominated by leading companies such as Toshiba Electronic Devices & Storage Corporation, LEMO Connectors SA, ABB Ltd., TE Connectivity Ltd., Panasonic Corporation, Molex LLC, Amphenol Corporation, Wurth Electronics Midcom Inc., and Weidmuller Interface GmbH & Co. KG.