Market Analysis

A new report by IPC reveals Europe’s growing dependency on other regions for electronics manufacturing in critical and strategic sectors, including aerospace and defence. Despite the adoption of the European Chips Act, the ‘Securing EU’s Electronics Ecosystem’ report finds that the EU’s market share in critical electronics components beyond chips – such as printed circuit

The May ECST survey results from ECIA reveal a notable slip in sales sentiment as the May index saw a loss of roughly 70% of the gains achieved in April. Despite a drop of nearly 12 index points, the overall score still registered a solid 112.3 and delivered the fourth consecutive month of positive overall

Author: Mick Elliott, Contributing Editor Global semiconductor sales reached $46.4 billion in April 2024, says the Semiconductor Industry Association (SIA), marking a 15.8% increase from $40.1 billion in April 2023 and a 1.1% rise from $45.9 billion in March 2024. Regionally, year-over-year sales in April increased significantly in the Americas by 32.4%, China sales grew

Author: Mick Elliott, Contributing Editor A 16% growth spurt to $611 billion in the global semiconductor market is forecast by World Semiconductor Trade Statistics (WSTS) in a revision of its Spring 2024 forecast. This revision reflects stronger performance in the last two quarters, particularly in computing end-markets. For 2024, two IC categories are anticipated to

ProcurementPro’s Mick Elliott talks to Nick Turton, Regional Sales Manager, International Markets, Farnell as he reviews the past 12 months and discusses prospects to the rest of 2024. Looking back at the past 12 months, how would you characterise the industry? Towards the end of last year, the UK saw growth as a result of

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