Increasing Demand For Customized Solenoids In Electronic Components Market!

Customized linear solenoids are being increasingly used in the general electronic components industry. Solenoid is a cylindrical wire the acts as a magnet when electric current is made to...

Customized linear solenoids are being increasingly used in the general electronic components industry. Solenoid is a cylindrical wire the acts as a magnet when electric current is made to pass through it. Linear solenoids have high reliability and stability that is widely used in various home appliances, automobiles and for other medical and aerospace purposes. Customization of this component shall help to meet the requirements for various type of devices. For example, a linear solenoid is customized, so that it can be used in solenoid valves, switchgears and related categories.

THE BUSINESS RESEARCH COMPANY VALUED THE GLOBAL GENERAL ELECTRONIC COMPONENTS MARKET AT $153 BILLION IN 2017

Asia Pacific was the largest geographic region in the market, accounting for more than half of the global market share.

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According to The Business Research Company’s Consultant, Nitin Gianchandani, Virtual reality technology is being adopted by electronic manufacturing companies to improve manufacturing efficiency. This technology in the electronic manufacturing industry is often referred as digital design, simulation and integration. Virtual reality minimizes the scope for product defects in design phase. For instance, virtual reality technology enables companies to inspect design objects at all conceivable scales, thereby eliminating defects in the product in the design stage.

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Vishay Intertechnology was the largest company in the global general electronic components market, with revenues of $2.59 billion for the financial year 2016. As a part of its growth strategy, Vishay Intertechnology is focused on a plan for intensified organic growth based on accelerated development of new products and technologies as well as improved market penetration. Important areas of new product development include MOSFETs, power modules (IGBTs), miniaturized packages for TMBS and FRED Pt rectifiers, power inductors, custom magnetics, high-power current sense resistors (Power Metal Strip®), and various mid- and high-power capacitors.

General electronic components are devices that work within an electronic system to have an effect on their associated fields. These components have number of electrical terminals which are connected to form an electronic circuit with a particular function such as amplifier or oscillator. These electronic components have wide range of applications in the areas such as aerospace, communication, automotive and other industries.

General Electronic Components Global Market Report 2018 is a detailed report giving a unique insight into this market. The report is priced at $4000 for an individual user. To use across your office, the price is $6000 and $8000 if you wish to use across a multinational company.

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The Business Research Company is a market research and intelligence company, which excels in company, market and consumer research.

It has research professionals at its offices in the UK, India and the US as well a network of trained researchers globally. It has specialist consultants in a wide range of industries including manufacturing, healthcare, chemicals and technology.

The Business Research Company’s management has more than 20 years of varied business research experience. They have delivered hundreds of research projects to the senior management of some of the world’s largest organizations.

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