In a world of technological innovation, the electronic components industry is vital. In order to manufacture a readily available supply of electronic products that consumers now expect, it is important that the industry continues to grow and be supported by effective supply chains.
Thankfully, despite fears about shortages in the industry, the global market is predicted to grow and reach values reach values of high millions by the end of the forecast period of 2018-2023 (Source: Market Watch).
Passive components, active components and PCBs are all in high demand in various industries, including medical electronics, industrial robotics and portable electronics. (Source: Digital Journal). We’ve taken a closer look at some of the trends that are driving the growth of the electronic components industry.
World electronic component demand will grow over nine percent annually based on further development of the Internet, new generations of handheld and wireless computers, and rising electronic content in original equipment. High-end integrated circuit (IC) devices such as microprocessors and digital logic ICs will lead gains.
New product development is more innovative than ever, from smartphones to fitness devices to virtual assistants. With so many new, interconnected devices being designed and released on a regular basis, there has been a huge spike in consumer demand.
The potential issue with this is that component suppliers simply will not be able to meet such huge demand. Manufacturers must learn to adapt to periods of shortages and create flexible long-term plans.
5G: is another area which requires significant input from electronics manufacturers and suppliers is the building of the 5G infrastructure. In the UK, EE have already launched their 5G network using technology created by Huawei.
Internet of Things: the Internet of Things (IoT) has seen an explosion in the past few years. All of the devices mentioned above – smartphones, fitness watches and even smart meters – require constant connection and communication between them. This technology requires a variety of intricate electronic components at its heart.
Continued demand for industry solutions: many important industries are developing and looking for new technological solutions, particularly healthcare and aerospace. These areas require active, passive and PCB components for all manner of things, from navigation systems in aircrafts to healthcare tracking technologies.
Electric cars: as we discussed in a previous article, electric vehicles are set to soon be as affordable as their counterparts and many manufacturers are keen to move to the forefront of this industry. This will place an increased demand on suppliers.
Let’s review some of our successful deals
|5GTH93582||Driver 600V 0.35A 2-OUT High and Low Side Half Brdg Non-Inv 8-Pin SOIC N T/R||0.99€/pcs|
|IR25606STRPBF||IC PSRAM 128M PARALLEL 54VFBGA||5.50€/pcs|
|MT45W8MW16BGX-701IT||COMPUTER,TYPE 6 E, I5 2.7GHZ4400E||1300$/pcs|
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|AT45DB642D-CNU||Diffuse Photoelectric Sensor, 9mm Min, 15mm Max, 0.40V, Rectangular||13.50$/pcs|
|GP2A22J0000F||IC DSP 24BIT 80MHZ GP 208-LQFP||48.99$/pcs|
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|TK5561A-PP||IC MCU 16BIT 128KB FLASH 100QFP||14.99€/pcs|