Market Research Report Global Semiconductors Industry Outlook,Global pass | Page 5

Advanced technology and innovative electronics using electronic
components will boost the electronics industry along with the electronics
component industry. Internet of Things influenced automated homes,
factories, telecommunications, industr ial and domestic electronics and cities
exhibiting the level and need of electronic controls, fuelling the growth in
the use of electronic and the demand for electronic components. There is
an underlying confidence in the electronic components market with no
expectation of high growth but exhibits growth in automotive and IoT over
the coming years. The global economy exhibits strength of leading
competitors around the world for almost all the emerging markets with the
increase in the gross domestic product (GDP).
The leading competitors in global electronic components are ABB
(Switzerland), Acme Electric (USA), Alps Electric Co., Ltd. (Japan), Alstom
Signaling, Inc. (USA), Amphenol (USA), API Technologies Corp. (USA),
Datronix Holdings Ltd. (Hong Kong), Delta Electronics, Inc. (Taiwan), Eaton
Corporation Plc (Ireland), Electronic Relays (I) Pvt. Ltd.