Top Companies in Microelectronics Market | Top Key Players CAGR, Sales Volume, Company Market Share | Vantage Market Research
Microelectronic parts and components can be found in a wide variety of devices and equipment, such as telephones, laptop computers, and televisions.
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Market Overview:
The Global Microelectronics Market is valued at USD 437.1 Billion in the year 2021 and is anticipated to reach a value of USD 589.1 Billion by the year 2028. The Global Market is forecasted to grow to exhibit a Compound Annual Growth Rate (CAGR) of 5.1% over the forecast period.
The increasing adoption of microelectronics devices which has resistors, transistors, capacitors, inductors, diodes, and others in numerous industries is one of the factors that are predicted to propel an increase in the global microelectronics market over the forecast period.
Microelectronics devices are utilized in numerous sectors including creation, medical, industrial, military and aerospace, transportation, consumer, and different sectors. For instance, in the enterprise, microelectronics devices are utilized in numerous smart home applications which encompass light heating systems, safety systems, HVAC (heating, ventilation, and air conditioning) management systems, enjoyment management systems, and different programs.
The growing adoption of diverse technology is the increase in the microelectronics market over the forecast period. Also, the factors which include growing disposable income and fast urbanization are driving the demand for consumer electronics. Thus, the growing adoption of consumer electronics is developing worthwhile opportunities for the rise of the global microelectronics market via the forecast period.
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Some of the key players operating in the Microelectronics Market are listed below:
|
Company Name |
Revenue in the US |
|
$3 Billion |
|
$5 Billion |
|
$301 Million |
|
$2 Billion |
|
$50 Billion |
|
$30 Billion |
|
$34 Billion |
|
<$5 Million |
|
$24 Billion |
|
$5 Billion |
Acuity Brands, Inc. is one of the market-leading industrial technology companies. The company is based in Atlanta, Georgia, with operations across North America, Europe, and Asia, and is powered by approximately 13,500 dedicated employees. The company uses technology to solve problems in spaces and light. Through two business segments, Acuity Brands Lighting and Controls ("ABL") and the Intelligent Spaces Group ("ISG"), the company designs, manufactures and brings to market products and services that make a valuable difference.
ADT LLC designs and manufactures security systems. The corporate head office is located in Boca Raton, Florida. ADT provides safe, smart, and sustainable solutions for people, homes, and businesses. Through innovative products, partnerships, and the largest network of smart home security professionals. The Company offers security cameras, fire and life safety, and home security systems, as well as other related products. ADT serves clients in the United States and Canada.
Control4 is a leading global provider of automation and networking systems for homes and businesses, offering personalized control of lighting, music, video, comfort, security, communications, and more into a unified smart home system that enhances the daily lives of its consumers. The Control4 platform interoperates with more than 12,500 third-party consumer electronics products, ensuring an ever-expanding ecosystem of devices will work together. Control4 is now available in over 100 countries. Control4 is delivering intelligent solutions for consumers, major consumer electronics companies, hotels, and businesses around the world
Crestron based in Rock Leigh, New Jersey is the world's leading innovator and manufacturer of advanced control and automation systems for the office, campus, and home, reinventing the way people live and work. With integrated solutions to monitor, manage, and control audio, video, lighting, shades, and climate, Crestron streamlines technology to improve the quality of life for people in corporate boardrooms, conference rooms, classrooms, hotel rooms, auditoriums, and in their homes.
Cisco Systems, Inc., commonly known as Cisco, is an American multinational technology conglomerate corporation headquartered in San Jose, California. provides information technology and networking services. The Company offers enterprise network security, software development, data collaboration, cloud computing, and other related services. Cisco Systems serves customers in the United States.
Schneider Electric SE founded in 1836, in Rueil-Malmaison, France manufactures electrical power products providing energy and automation digital solutions for efficiency and sustainability. The Company offers car chargers, home security goods, light switches, access control, sensors, valves, circuit breakers, cables, accessories, signaling devices, fuses, motor starters, and voltage transformers. Schneider Electric serves customers worldwide.
Honeywell headquartered in Charlotte, North Carolina is a Fortune 100 company that invents and manufactures technologies to address tough challenges linked to global macrotrends such as safety, security, and energy. With approximately 110,000 employees worldwide, including more than 19,000 engineers and scientists, the company has an unrelenting focus on quality, delivery, value, and technology in everything they make and do.
United Technologies Inc. was founded in 1996. It provides high-technology systems and services to the building and aerospace industries. The company's line of business includes providing plumbing, heating, air-conditioning, and similar work. United Technologies has merged with Raytheon to form Raytheon Technologies.
Johnson Controls, Inc. produces electronics and HVAC equipment. The Company offers HVAC equipment, building automation, security, fire detection, batteries, and other related products, as well as building control systems, energy management, and integrated facility management services. Johnson Controls serves customers worldwide. With a global team of 100,000 experts in more than 150 countries, Johnson Controls offers the world`s largest portfolio of building technology, software as well as service solutions with some of the most trusted names in the industry.
Ingersoll Rand Inc. was founded in 1871, in New York, United States, and its headquarters is in Swords, Ireland manufactures flow control equipment. Ingersoll Rand is a global market leader with a broad range of innovative and mission-critical air, fluid, energy, and medical technologies, providing services and solutions to increase industrial productivity and efficiency. It merged with Gardner Denver in early 2020. The Company offers vacuum systems, bottle blowers, pumps, and air and gas compressors. Ingersoll-Rand serves customers worldwide.
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