Statistics and Market Data about Electronics
In this section, Statista presents the most relevant and up-to-date facts relating to the electrical and electronic engineering industry.
This industry comprises the design and manufacture of electronic systems. Typically, such systems consist of electrical devices representing the industry’s basic quantities: capacitance, impedance and admittance. The most important electrical components include resistors, capacitors, transformers, inductors, semiconductor devices, switches, controls, sensors and actuators. In an increasingly connected world, these components are crucial elements in a variety of fields, including automation, automobile and heavy machinery manufacturing, medical device manufacturing, electricity demand management, lighting, telecommunications and consumer electronics. The most notable pioneering inventors and developers in the field of electrical and electronic telecommunications include C. Wheatstone and S. Morse, the inventors of the telegraph, E. Armstrong, who invented the regenerative circuit, as well as L. de Forest, the inventor of the radio.
The global market for electrical and electronic engineering products is sized at approximately 4.5 trillion U.S. dollars. The key markets include China, the United States, Japan, South Korea and Germany. In terms of revenue, the most important manufacturers of electrical and electronic devices include large conglomerates such as Hon Hai Precision Industry (Foxconn), Mitsubishi, Siemens, ABB Group, Schneider Electric and Emerson Electric.