Electronic Components Sales Sentiment Accelerates into the Downturn as Year-End 2022 Approaches
ECIA’s Electronic Component Sales Trend (ECST) November 2022 Survey Results
Dale Ford, Chief Analyst
The overall electronic component average sales sentiment collapsed below the previous lowest level hit during the initial months of the pandemic shutdowns in May 2020, 2.5 years ago. The average sales sentiment fell to 58.1 in November 2022 and is projected to continue its free-fall to 50.4 in December. By contrast, the lowest index measurement in the early stages of the pandemic was 69.4. In addition, the average electronic component index was measured below 100, indicating declining month-to-month sales, for four months during the pandemic shutdowns. The current index has come in below 100 for six months through November in the current downturn and shows no signs of improvement in December and Q1 2023. Electro-Mechanical/Connectors and Passive Components are leading the charge down as they are projected to fall to 45.5 and 47.1 respectively in December. Semiconductors only fare marginally better at 58.8 in December. The slight rebound in Semiconductors projected for December could be a head fake as Semiconductors were projected to see a slight rebound between October and November also but then fell by 14.7 points in November.
Participate in the ECST Survey now:
- Monthly (Note – The monthly survey is open the first three weeks of the month.)
- Quarterly (Note – The quarterly survey is open February, May, August and November.)
Member of the Week:
We are pleased to honor Omni Pro Electronics, Inc. as ECIA’s Member of the Week.
Omni Pro is an electronic component distributor specializing in quality while providing superior personalized service. Omni Pro’s line card features Halo, HIS/CSI, Data Delay Devices, Picker Components, CIT Switches, Altech, NIC, EM Microelectronics, Keltron and World Products. In addition, they offer membrane panels, solar panels, buzzers and sirens, contract manufacturing, value added and engineering services.
ECIA thanks the Omni Pro Electronics team for the 23 years of support and membership.
From Our Service Partners
EETech Group’s comprehensive suite of innovative solutions is purpose-built for leaders across the electronics industry. We deliver engagement, conversion, and intelligence through our global communities, enterprise-grade technology platforms, and unique data products. Learn more.
Weekly Member Newsletter
December 7 - GIPC Document; Webinar; Stats and Research; Standards Call for Participation; Member of the Week, ESI
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Industry Dashboard
Top 50 Worldwide Authorized Distributors - 2021
Global Distribution Achieves Exciting 2021 Growth
Updated Unique Research on the Top Worldwide Authorized Distributors
Dale Ford, Chief Analyst
This report is the first update to the true original “Top 50 Worldwide Authorized Distributors” research that was published for the first-time last year. According to the research presented in this article, Asia increased its share of the worldwide market of the Top 50 authorized distributors to 75% in 2021. The Americas and EMEA distribution markets see their share of the worldwide market continue to shrink as they come in at 13.6% and 11.4% respectively.
Distributors experienced a break-out year as strong demand propelled growth in the market to new heights. With Asia continuing in its primary driver role, the Top 50 Worldwide Authorized Distributors grew by an amazing 27.9% in 2021. By comparison, the Top 50 Authorized Americas Distributors grew by and impressive 21.9 % in Americas sales. However, this same group of Top 50 Americas distributors combined to outperform overall worldwide sales growth with 30.3% growth in worldwide revenues. Total worldwide revenue for the Top 50 authorized distributors in 2021 grew to $188.1 B from $147.1 B in 2020. Only four out of the top 50 distributors failed to achieve revenue growth in 2021.
Celebrating 100 Years of the Authorized Channel
With a nod to the industry’s start on Radio Row, it is the perfect time to celebrate 100 years of the Authorized Channel and its impact on the tech industry and society.
ECIA assisted with an e-book that recognizes the visionaries and founders of our industry, the companies that made a difference, technology, operational advancements, and the Association - which has helped spur the growth and value of the channel.
GIPC News
The Global Industry Practices Committee is working on a number of issues in 2022.
The Workplace Disruption work group is putting the final changes on its third document and should be publishing it by the end of August. This work group, made up of ten companies, has been working together to continue monitoring the challenges and changes in today’s workplace.
In April 2022, we kicked off the Cybersecurity and Fraud work group populated with Subject Matter Experts from various global companies. This team is working on their first deliverable centered around Risk Management and Ransomware Readiness and are currently completing multiple industry surveys.
Short term, there are teams revisiting two important topics: the first is exploring what we have learned over the past three years regarding the China Tariff process and what are the best and worst practices being used today. The second topic is NCNR (Non-cancellable, non-returnable) orders. ECIA published a guideline document in 2002 and this group will be reviewing it for updates and re-publishing.
The GIPC is also pursuing a consolidated/specific reporting process for global environmental regulations in the electronic component authorized channel. Filtering through the more than 70,000 regulations and standards in this space is a difficult and costly challenge. Plus, the Environmental Compliance SME group will continue updating and monitoring day to day changes and information.
For more information on GIPC activities, please contact Don Elario at [email protected]
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