12 Nov 2020 -
 General

‘Solid rebound’ for electronics industry, reports ECIA

Electronic component growth is expected to continue in November but at a slower rate than September and October, according to a new ECIA survey (Electronic Components Industry Association).

November expectations for electro-mechanical/connectors, passives and semiconductors, as well as the end-market are aligned, with the index registering between 116 and 119 in November for all categories. A number above 100 indicates expected growth. This follows two months of strong sales growth in September and October following a recovery in sales that began in August as measured by the same survey.

“This is a very hopeful indicator that the electronics and electronics components industry is on a solid rebound after weathering the impacts of the COVID-19 pandemic earlier in the year,” says their Chief Analyst, Dale Ford.

Survey results for expected end-market growth show optimism for improving performance across all sectors, with the index above 100 for the third consecutive month in all categories, except for consumer electronics at 96.

Automotive electronics and industrial electronics are showing expectations for improved performance. This could be impacted by a surge in cases of Covid-19 during the winter. However, optimistic expectations for near-term growth are being reported by the electronics components supply chain.

To avoid electronics supply-chain disruptions, you may also wish to consult an expert in electronics component supply. With more than 27 years of supply-chain expertise, Astute Electronics is ideally placed to work with you on your daily component requirements.

Either through the hundreds of manufacturers we purchase directly from, or the international network of component supply-partners offering full product traceability, Astute Safe-Supply, run by sourcing experts and offers a deeper insight into the global components markets.

With real-time access to the latest listings and prices cultivated through several decades of close supplier partnerships, we are able to spot price disparities and leverage product price variances to deliver cost-effective solutions to customers, whilst ensuring a quality, risk-free supply.

For more help with looking at supply chain options, contact Astute Electronics here

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