Det europæisk komponentmarked viser overraskende stor vækst
Selvom der opleves væsentlige forbedringer med hensyn til komponenttilgængelighed, så fortsætter væksten på det europæiske komponentmarked med overraskende styrke, viser de seneste tal fra DMASS-sammenslutningen (in english).
Topping last year's record numbers, European components distribution ended the first quarter of 2023 with surprisingly strong sales numbers for both Semiconductors and IP&E (Interconnect, Passive and Electromechanical) components, according to the latest figures from DMASS. Semiconductors in Q1 grew by 22.9% to 4.08 billion Euro, IP&E by a much more moderate 0.9% to 1.82 billion Euro. Q1 in total grew by 15.2% to 5.9 billion Euro.
Hermann Reiter, chairman of DMASS comments:
- After Q4 of 2022 it was hard to imagine that our market will grow again, both year over year and sequentially, specifically since the slowdown in orders was visible for a few months now. The surprising revenue growth in Q1 cannot hide the reality of rather full inventories in the channel. At the same time, we share the general optimism in the European industry that the slowdown will be short. As our core business segments aren't PCs and smart phones, but thriving segment like automotive and industrial, we are confident that after the inventory digest, demand will grow again dynamically.
With a total of 4.08 billion Euro, DMASS delivered the highest ever reported semiconductor revenues. The growth occurred across all countries and regions although in varying pace. Of the major countries, Germany recorded the highest increase. Product-wise, Micros, Programmable Logic and Other Logic (ASICs, ASSPs) showed the highest growth, followed by Analog products.
The IP&E segment showed a surprising sequential uptick of 15% versus Q4/22, but a tiny growth of 0.9% to 1.82 billion Euro versus Q1/22. Growth distribution across countries was totally different from semiconductors (which is mainly due to a different membership structure in IP&E). While Passives decreased by 2.3% (special passive components saw an increase), Connectors and Electromechanical components as well as Power Supplies remained positive (details see tables).
- The growth curves in Semiconductors and IP&E have been quite different for a while, with IP&E growth peaking a few quarters before semis. Therefore, we have been positively surprised in Q1. What is also visible is that special components on both sides are still seeing growth peaks which may indicate a shift away from standard technologies. However, the special situation in distribution, compared to a total market that sees stronger skid marks, makes a prediction difficult, explains Hermann Reiter and adds:
- Bookings have certainly decreased but not to the extent we have feared. We would expect a slowdown for 2023, but at moderate levels, and see a lot of optimism from customers for the long-term prospects of the components business in Europe.
DMASS Europe e.V., (until recently DMASS Ltd.) a European non-profit organisation, is the only industry body that collates detailed electronic components distribution market data on a quarterly basis by country and product groups such as Microcontrollers, Flash Memories, Analog components, Passives, Electromechanical products and many more.
DMASS was founded in 1989 and provides its members with a reliable statistical tool to evaluate their relative mass-market performance. The organisation consists of 40 active members in 2022 and represents between 80% and 85% of the total European distribution market, depending on the regions. To continuously increase its European market coverage, DMASS welcomes new membership applications from distributors and electronic components manufacturers.