The outlook for electronic components sales has beaten earlier expectations, jumping 16.4 points from December 2022 as it climbed to 82.2 points, according to the ECIA’s latest Electronic Component Sales Trends (ECST) survey.
ECIA’s Chief Analyst Dale Ford said “The recovery of sales sentiment scores to this range for components and markets supports a soft-landing scenario in the market that has been anticipated by most electronic component supply chain participants.”
This raises an industry concern: if semiconductors bounce back more quickly than predicted last year, sourcing may become difficult after production cuts through early 2023.
The ECST survey provides highly valuable and detailed visibility on industry expectations in the near-term through the monthly and quarterly surveys. This “immediate” perspective is helpful to participants up and down the electronics components supply chain.
“ECIA shares in the optimism for the future as the continued introduction and market adoption of exciting innovative technologies should motivate both corporate and consumer demand for next-generation products over the long term,” reported the ECIA.
To avoid electronics supply-chain disruptions, you may also wish to consult an expert in electronics component supply. With more than three decades of supply-chain expertise, Astute Electronics is ideally placed to work with you on your daily component requirements.
For more help with looking at supply chain options, contact Astute Electronics