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Author: Adam Fletcher, Chairman of the Electronic Components Supply Network (ecsn) Adam Fletcher, Chairman of the UK’s Electronic Components Supply Network (ecsn) and the International Distribution of Electronics Association (IDEA), welcomes the great collaborative strides that have been made in the electronic components supply network, particularly over the past few years of severe market turbulence
European component distribution sales plummeted 30.2% to €3.64 billion in Q3 2024, says DMASS Europe. Semiconductor sales dived 38% to €2.27 billion, the sector’s lowest revenue value since Q1 2021. IP&E held up better, sliding 12.3% to €1.37 billion. Hermann Reiter, Chairman of DMASS commented: “2024 continues to be a challenging year. The correction we
The semiconductor industry is on a strong upward trajectory, with revenue expected to reach $630 billion by 2024 and a 19% year-over-year growth from 2023 to 2024. However, beneath these impressive figures, the reality is more complex. Growth will vary significantly across different device segments. Yole Group analysts attribute this surge primarily to investments in
The global sensor market is well established, with hundreds of millions of sensors produced yearly. Yet the market remains in flux, with trends in future mobility, Edge computing, AI, and digital healthcare continuously evolving and reshaping sensor technology requirements. A new report from market intelligence firm IDTechEx, ‘Sensor Market 2025-2035: Technologies, Trends, Players, Forecasts’, finds
Global semiconductor revenue is projected to grow 14% in 2025 to total $717 billion, says the latest forecast from Gartner. In 2024, the market is forecast to grow 19% and reach $630 billion. In the near term, the memory market and graphics processing units (GPUs) will bolster semiconductor revenue globally. The worldwide memory revenue market
By Dr Shababa Selim, Technology Analyst at IDTechEx Two years after signing the US Chips Act into law for onshore chip manufacturing, over $30 billion of the total $39 billion in direct incentives have been awarded to date. With the remainder set for allocation by the end of the year, the US Chips Act is
The rise of generative AI, initiated by the release of ChatGPT in 2022, and the continuous expansion of data-intensive AI/HPC applications in data centres led to a significant surge in 2023, directly impacting the processor market segment. These trends will propel continuous market growth throughout the next five years, as announced by Yole Group in
The ECIA Executive Conference Committee announces that Dale Ford will be on hand to provide the latest component industry research and forecast data to attendees at the conference which will take place at the Loews Chicago O’Hare in Rosemont on 20-22nd October. In this session, Chief Analyst Dale Ford will provide a comprehensive overview of
The overall positive market sentiment expressed by participants in the electronic components supply chain only lasted two months before the overall average fell below 100 in the September ECST survey. The overall index fell to 98.8, a drop of nearly 10 points. “While the September results are only slightly below the threshold of 100, the
The global semiconductor packaging materials market is poised for a new growth phase, driven by robust semiconductor demand across various applications. According to the latest Global Semiconductor Packaging Materials Outlook (GSPMO) report, released by SEMI, TECHCET, and TechSearch International, the market is expected to grow at a compound annual growth rate (CAGR) of 5.6% through