Market Analysis

Procurement Pro Market Analysis
U.S. tech industry forecasts record sales
Market Analysis

U.S. tech industry forecasts record sales

Announced at the CES 2025 Tech Trends to Watch, the Consumer Technology Association (CTA) projects record retail revenues as the U.S. consumer technology industry grows 3.2% over 2024 to $537 billion in 2025. This signals growth in consumer spending on tech products and services, according to CTA’s U.S. Consumer Technology One-Year Industry Forecast. Meanwhile, updated

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Industry Insights Market Analysis Supply Chain Management

Exploring the future of supply chains in 2025

By Adrian Wood, Director of Strategic Business Development at DELMIA Many of the changes that will impact supply chains in 2025 are not new, but the frequency and intensity has the potential to bring new levels of strain to already stretched supply chains. So, what can companies do to prepare for 2025 and beyond?   What

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Market Analysis

Global chip sales surge 20.7% y-o-y in November

Global semiconductor sales hit $57.8 billion during the month of November 2024, an increase of 20.7% compared to the November 2023 total of $47.9 billion and 1.6% more than the October 2024 total of $56.9 billion, says the Semiconductor Industry Association (SIA). “The global semiconductor market continued to grow substantially in November, hitting its highest-ever

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SEMI releases a report showing 18 new fab construction projects are to take place in 2025
Market Analysis

18 new fab projects to take place in 2025

The semiconductor industry is due to embark on 18 new fab construction projects in 2025, according to SEMI’s latest quarterly World Fab Forecast report, spanning from 2023-2025. The report shows the semiconductor industry plans to begin operations of 97 new high-volume fabs, including 48 projects in 2024 and 32 projects in 2025, with wafer sizes

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Procurement Pro takes a look at the state of the electric vehicle market
Industry Insights Market Analysis

Driving the EV market forward

Reports of a slowing down in the sales of electric vehicles (EV) in some markets, the announcement of scrapping an electric vehicle grant scheme in the UK and seemingly a waning appetite for electric vehicles in some parts of the world have raised questions about the state of the EV market and its future. In

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North American PCB industry sales up 4.7% in November
Market Analysis

North American PCB industry sales up 4.7% in November

IPC announced the November 2024 findings from its North American Printed Circuit Board (PCB) Statistical Programme. The book-to-bill ratio stands at 1.15. Total North American PCB shipments in November 2024 were up 4.7% compared to the same month last year. Compared to the preceding month, November shipments were down 1.4%. PCB bookings in November were

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Market Analysis

Is onsemi steadily reintroducing itself to the GaN market?

onsemi has recently swept under the radar with an acquisition move that some are touting as its potential return to the gallium nitride (GaN) market. GaN semiconductors are gaining prominence for their superior efficiency and performance, particularly in applications like electric vehicles, renewable energy systems, and industrial automation. As the industry continues to shift toward

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Market Analysis

Japan supply chain management market to reach $4,224.15M

According to the latest study from Astute Analytica, the Japan supply chain management market is projected to hit the valuation of $ 4,224.15 million by 2033 from $ 1,491.81 million in 2024 at a CAGR of 12.26% during the forecast period 2024-2033. Japan’s thriving economy continues to generate strong demand across manufacturing, retail, automotive, and

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Will we see another semiconductor shortage in 2025?
Industry Insights Market Analysis

Will we see another semiconductor shortage in 2025?

  • by
  • 1 January 2025
  • 3 minutes read

The global semiconductor shortage has persisted since 2020, with lingering effects in various industries. While the United Kingdom has largely recovered from COVID-era shipping disruptions and material scarcity, its supply woes are not over yet – another shortage may emerge in 2025. Why another semiconductor shortage is likely Although the global electronics industry has only

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Market Analysis

AI automates supply chain efficiencies

In an industry-leading supply chain, problems are not something to be solved after the fact but rather mitigated and ideally avoided.  Traditionally, supply chain managers operated with limited visibility, often planning without the ability to foresee potential disruptions. However, advancements in technology, particularly AI, have transformed this landscape. The potential for AI technologies is vast, with

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