Microelectronics is a branch of electronics engineering concerned with the design and manufacture of miniature electronic devices such as microprocessors and others

Market Dynamics:

The increasing adoption of microelectronics devices such as resistors, transistors, capacitors, inductors, diodes, and others in various industries across the globe is one of the factors, which is expected to propel the growth of the global microelectronics market over the forecast period. Microelectronics devices are used in various sectors such as construction, medical, industrial, military and aerospace, transportation, consumer, and other sectors. For instance, in the construction industry microelectronics devices are used in various smart home applications including lighting control systems, security systems, HVAC (Heating, ventilation, and air conditioning) control systems, entertainment control systems, and other applications.

Key features of the study:

• This report provides in-depth analysis of the global microelectronics market, and provides market size (US$ Million) and compound annual growth rate (CAGR%) for the forecast period (2023–2030), considering 2022 as the base year
• It elucidates potential revenue opportunities across different segments and explains attractive investment proposition matrices for this market
• This study also provides key insights about market drivers, restraints, opportunities, new product launches or approval, market trends,  regional outlook, and competitive strategies adopted by key players
• It profiles key players in the global microelectronics market based on the following parameters – company highlights, products portfolio, key highlights, financial performance, and strategies
• Key companies covered as a part of this study include Honeywell International Inc., United Technologies Corporation, Crestron Electronics, Inc., Cisco Systems, Inc., Ingersoll-Rand PLC, Schneider Electric SE., Johnson Controls Inc., Acuity Brands, Inc., ADT Corporation, Control4 Corporation, and Others
• Insights from this report would allow marketers and the management authorities of the companies to make informed decisions regarding their future product launches, type up-gradation, market expansion, and marketing tactics
• The global microelectronics market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts
• Stakeholders would have ease in decision-making through various strategy matrices used in analyzing the global microelectronics market

Detailed Segmentation:

• Global Microelectronics Market, By Algorithm
  • Behavioral
  • Proactive
• Global Microelectronics Market, By Product
  • Lighting Control
  • Security and Access Control
  • Entertainment control
  • HVAC Control
  • Other Controls
• Global Microelectronics Market, By End User Industry
  • Aerospace and Defense
  • Medical
  • Construction
  • Automotive
  • Other
• Global Microelectronics Market, By Region
  • North America
  • Europe
  • Asia Pacific
  • Latin America
  • Middle East & Africa
• Company Profiles:
  • Honeywell International Inc.
  • United Technologies Corporation
  • Crestron Electronics, Inc.
  • Cisco Systems, Inc.
  • Ingersoll-Rand PLC
  • Schneider Electric SE.
  • Johnson Controls Inc.
  • Acuity Brands, Inc.
  • ADT Corporation
  • Control4 Corporation
  • Others