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Electronic Specifier Q3 Newsletter |
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The COVID-19 pandemic continued to have a significant impact on the European Distributor Total Available Market (DTAM) for electronic components market trends. Consolidated returns from member companies in the International Distributors of Electronics Association (IDEA) has revealed that average European ‘Bookings’ improved slightly in Q3 ’20 when compared to the previous quarter but European ‘Billings’ in the period continued to slide. |
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A false dawn or a path to the sunny uplands of an industry revival and boom? Industry executives think the latter. Record months and booming business is being reported across the board. This surge in business is already producing lengthening lead times for some products, and allocation may not be too far away, according to Electronic Specifier's Mick Elliott. |
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Back in August we reported that, while the easing of the COVID 19 lockdown had many positive benefits, the pandemic would continue to have an ongoing and negative impact on the UK electronics and connectors industry. Just over three months later, the numbers reported by ITSA members for the third quarter clearly demonstrate how significant the impact has been. News that a vaccine could be available by the end of the year was a single major plus in these difficult times. |
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Virtual, augmented and mixed reality products have continued to receive high levels of funding and investment during the 2010 decade, and they are poised to be the defining technology of 2020-2030. There has also been immense hype over these products during the decade, with evangelists of the technology believing that it will be used in all aspects of day to day life. |
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IC Insights is in the process of updating its comprehensive forecasts and analyses of the IC industry for its 24th edition of The McClean Report, which will be released in January 2021. Among the revisions is a complete update of the sales and unit shipment growth forecast growth rates through 2025 for the 33 main product categories classified by the World Semiconductor Trade Statistics organisation (WSTS) to be lead by DRAM. |
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The third quarter 2020 semiconductor market totaled $114bn, up 11.0% from second quarter 2020, according to World Semiconductor Trade Statistics (WSTS). The 3Q20 growth was the highest since 11.6% in 3Q16. The strong 3Q20 growth follows a 2.1% decline in 2Q20 versus 1Q20. The second quarter is normally a healthy growth quarter, averaging four percent over the last eight years. |
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The European Semiconductor Industry Association (ESIA) reported that European sales of semiconductors reached $3.214bn in October 2020, an increase of six percent compared to the September’s sales. The figures are based on the latest World Semiconductor Trade Statistics (WSTS) report and show that October was the fourth consecutive growth month in the European semiconductor market, exhibiting faster growth than other regions. |
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Despite being arguably one of the UK’s youngest tech sectors, gaming has risen in prominence in the past five years - employing a combined 47,000 professionals directly and indirectly across related industries (such as merchandising or eSports). |
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Almost nine in ten (89%) of Brits regard energy efficiency and energy savings as the most important factor when carrying out home improvements, according to new research by Schneider Electric. |
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A new study from Juniper Research has found that the total value of the Agtech market (Agricultural Technology) will reach $22.5 billion by 2025; rising from $9 billion in 2020. This represents an average annual growth rate of 150% over the next five years. |
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