Market Analysis

Consumer electronics to become a trillion-dollar industry

The consumer electronics market has faced significant challenges in recent years, with global sales fluctuating as consumers adjusted their budgets and spending priorities in response to rising costs and inflation. This downturn has led to a substantial $10 billion revenue decline since the market’s peak in 2021. But despite these setbacks, the industry is on

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Market Analysis

Edgewater Research shares electronic components industry outlook

A session held at the Electronics Life Cycle and Supply Chain Summit provided attendees with a deep dive into how the electronic components market was performing, with a focus on industries including automotive, AI, smartphones and electric vehicles (EVs). Dennis Reed, Senior Research Analyst, Technology at Edgewater Research hosted the session and shared some of

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Market Analysis

Global semiconductor equipment billings grew 19%

Global semiconductor equipment billings increased 19% year-over-year to $30.38 billion in the third quarter of 2024, while quarter-over-quarter billings registered 13% growth during the same period, SEMI announced in its Worldwide Semiconductor Equipment Market Statistics (WWSEMS) Report. “The global semiconductor equipment market recorded robust growth in the third quarter of 2024 driven by investments aimed

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Market Analysis

Global semiconductor market set for strong growth

The World Semiconductor Trade Statistics (WSTS) organisation has unveiled its latest projections for the global semiconductor market, highlighting robust growth expectations for 2024 and 2025. 2024: a year of strong rebound In its updated fall forecast, WSTS has revised its 2024 projections upward, anticipating a significant 19.0% year-over-year growth in the semiconductor market. The global

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Industry Insights Market Analysis

TI plans to quadruple its GaN manufacturing capacity

Texas Instruments (TI) has begun production of gallium nitride (GaN)-based power semiconductors at its factory in Aizu, Japan. Coupled with its existing GaN manufacturing in Dallas, Texas, TI will now internally manufacture four times more GaN-based power semiconductors, as Aizu ramps to production. “Building on more than a decade of expertise in GaN chip design

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Market Analysis

Strong growth for global semiconductor manufacturing industry

The global semiconductor manufacturing industry in the third quarter of 2024 showed strong momentum with all key industry indicators performing positive quarter-on-quarter (QoQ) increases for the first time in two years, SEMI announced in its Q3 2024 publication of the Semiconductor Manufacturing Monitor (SMM) Report, prepared in partnership with TechInsights. The growth is fuelled by

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Market Analysis

$100 billion automotive semiconductor market by 2029

$1,000 is the figure to keep in mind to visualise the key role of semiconductor technologies within the automotive industry in 2029. Yole Group’s analysts announce a $100 billion automotive semiconductor market at that time. Behind those figures, ADAS and safety will experience the highest growth with 14% CAGR between 2023 and 2029. Electrification is

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Market Analysis

Short-term decline for back-end semiconductor equipment market

Back-end equipment spending has always been in the range of 1% of the total semiconductor industry revenue, confirms Yole Group. Hence, the back-end segment is expected to grow in line with semiconductor growth. The semiconductor market recovery in mainstream segments like automotive, industrial, and consumer has been slower than expected in Q2 and will continue

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Market Analysis

Consumer robotics industry set for $65bn market value

According to Global Market Insights Inc., the global consumer robotics market size will grow at over 26% CAGR from 2024 to 2032. Significant advancements in artificial intelligence (AI) and machine learning technologies have made consumer robots more intelligent, versatile, and user-friendly, expanding their applications in households. The increasing consumer awareness of the benefits of automation,

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Market Analysis

Mouser Electronics’ market views

In a rapidly evolving electronics landscape, staying ahead of market trends is more critical than ever. Mouser Electronics has shared valuable insights into how consumer-driven trends shape supply chain demands, the balance between AI advancements and energy efficiency, and the importance of transparency in sourcing genuine components. How to predict future supply chain demands using

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