Industry Insights Market Analysis

Quantum industry: a new gold rush?

Quantum technologies encompass computing, communication, and sensing, with quantum computing playing a pivotal role in simulation, optimisation, and AI . While research and development efforts and investments predominantly target quantum computing, there is a growing interest in quantum networking and ultra-sensitive sensors. Eric Mounier, PhD., Chief Analyst, Photonics and Sensing at Yole Group, says: “Forecasts

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Industry Insights Market Analysis

EDS 2024: executive insights on market dynamics and inventory issues

At the EDS Leadership Summit 2024, Procurement Pro’s Paige West sat down to hear the latest on the market from top executives of TTI and Mouser Electronics. Mike Morton, CEO of TTI, reviewed the company’s performance over the last decade, with a focus on the past three years. He highlighted the significant growth during 2021

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Industry Insights Market Analysis

Avnet Silica on component distribution market outlook at Embedded World

At Embedded World 2024, Gilles Beltran, President of Avnet Silica, speaks with Electronic Specifier’s Editor, Mick Elliott, about Avnet Silica’s perspective on the component distribution market. Following several years of supply chain challenges affecting the entire market, Avnet Silica remains optimistic as conditions gradually improve, driven by the growth of various markets such as IoT,

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Market Analysis

How 2023 AI trends impact the electronic component market in 2024

The surge in artificial intelligence (AI) applications throughout 2023 triggered unprecedented demand for the components that power them. The notable moment in the AI market shift was the launch of ChatGPT. This had an immediate impact on the consumer electronics industry, which then cascaded into personal computing, automotive, aerospace and defence, contract manufacturing, and others. The

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Industry Insights Market Analysis

Distributors prepare for challenging 2024

Author: Mick Elliott, Contributing Editor, Procurement Pro How will 2024 play out in the distribution market? Mick Elliott spoke to three executives and found mixed views. “Interesting,” was Solsta Managing Director John Macmichael’s wry response when asked for a summing up of the distribution market in 2023. That description changed to exciting as Macmichael recalled

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Market Analysis

Global semiconductor manufacturing industry strength improves in Q1

The global semiconductor manufacturing industry in the first quarter of 2024 showed signs of improvement with an uptick in electronic sales, stabilising inventories and an increase in installed wafer fab capacity, SEMI announced in its Q1 2024 publication of the Semiconductor Manufacturing Monitor (SMM) Report, prepared in partnership with TechInsights. Stronger industry growth is expected

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Market Analysis

Chip market ‘train wreck’ derails global chip market

The anticipated semiconductor supercycle of growth has not so much hit the train buffers as demolished the entire station. From riding high on three consecutive quarters of growth to round out 2023, the market went into reverse posting a -5.7% decline in Q1 2024 a decline of 8.4% on Q4 2023, revealed Malcolm Penn, CEO

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Market Analysis

2023 global semiconductor materials market revenue declines

Global semiconductor materials market revenue in 2023 contracted 8.2% to $66.7 billion from the market record of $72.7 billion set in 2022, SEMI reported in its Materials Market Data Subscription (MMDS). Wafer fabrication materials revenue declined 7.0% to $41.5 billion in 2023, while packaging materials revenue fell 10.1% to $25.2 billion last year. The silicon,

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Market Analysis

European distribution market slides 23% in Q1

There are challenging quarters ahead for the European component distribution business. That’s the message from DMASS as it reports a decline of over 23% to €4.58 billion across all components in Q1 2024. It says the market will contract, and there will be no early recovery. Hermann Reiter, Chairman, DMASS Europe commented: “This market consolidation

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Market Analysis

Worldwide silicon wafer shipments dip 5% in Q1 2024

Worldwide silicon wafer shipments decreased 5.4% quarter-over-quarter to 2,834 million square inches in the first quarter of 2024, a 13.2% drop from the 3,265 million square inches recorded during the same quarter last year, the SEMI Silicon Manufacturers Group (SMG) reported in its quarterly analysis of the silicon wafer industry. “The continuing decline in IC

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