Staying on top of the latest trends and forecasts in electronic components can be a challenge, even for the savviest of industry experts. So, we’ve taken a look at what everyone’s been talking about throughout 2019 to bring you into the fold.
Product Changes Without Notification
PCNs may be sent by an electronics manufacturer for a variety of reasons. In 2018, the most common PCNs were issued for the following reasons:
- Characteristic changes - 36%
- Lifecycle changes - 26%
- Supply chain changes - 16%
- Visualized changes - 11%
- Materials - 5%
- PCN docs recalls, NPI, software - 4%
- Part numbering problems - 1%
- Problem advisory - .26%
Unfortunately, obsolescence notices are not always sent; in fact in that same year, more than 370,000 parts were obsoleted without a PCN. That’s a whopping 57% of all obsoleted parts, nearly double the amount in 2017. Making matters worse, 28% of those had a last time buy alert of “immediately.” SiliconExpert, a company that keeps pace with product change alerts and manages component obsolescence risks, has released an informational sheet with some other eye-opening statistics worth taking a look at; you can view it here.
Global Semiconductor Market Forecast
The global semiconductor market was on fire last year, increasing nearly 13.7% as 1 trillion units—a total of $468.8 billion in sales—were shipped to customers, according to the Semiconductor Industry Association (SIA). It was one for the record books, representing the industry’s highest-ever annual total. Of course, what goes up must come down, and the semiconductor market has cooled off a bit since then. That’s not to say they’re not still in demand!
“The long-term outlook remains strong,” says SIA President and CEO John Neuffer. “Semiconductors continue to make the world around us smarter and more connected, and a range of budding technologies—artificial intelligence, virtual reality, the Internet of Things, among many others—hold tremendous promise for future growth.”
According to the SIA, some of the items still in high demand include memory semiconductors, DRAM products, NAND flash products, logic, and micro-ICs.
IC Market Share: Which Industries Are On Top?
According to IC Updates, the communications IC market will surpass the computer IC market this year—the first time since 2013—and will hold this position through 2023. In other markets, the automotive IC market is likely to witness the fastest growth through 2023, however that still puts it at less than 10% of the total share of the market. In contrast to these growth markets, the computer and consumer IC market share is expected to continue to decrease. And while the industrial segment was in freefall between 1998 and 2013, global growth in industrial automation is expected to turn things around, with the segment expected to rise to an 8.7% share of the market in 2023, up from just 6.5% in 2013.
These updates have recently been reported to The McClean Report—A Complete Analysis and Forecast of the Integrated Circuit Industry.
Global Interconnects and Passive Components Get a Boost
Big players in the interconnect and passive component markets like Cisco Systems, AVX Corporation, Molex, LLC, Panasonic Corporation, Ametek, Inc., Amphenol Corporation, Delphi Automotive PLC, Hubbell Incorporated, Hirose Electric Co., Ltd., and Hon Hai Precision Industry Co., Ltd are expected to witness 6% growth in their product lines through 2022, reaching more than $211 billion US dollars. According to Market Research Future, the most popular applications for the products will be consumer electronics, data processing, telecommunications, military and aerospace, automotive, industrial, and healthcare.
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