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Automotive electronics market set to grow

With vehicles getting smarter, more connected and more autonomous, the automotive electronics market looks set to soar. Future growth in numbers Back in March, Precedence Research predicted the automotive electronics market would hit around US$ 640.56 billion by 2030. Then, in July, Global Market Insights released research predicting the automotive electronics market would hit around […]

Perfect storm’ creates electronic component shortages

A perfect storm has hit the electronic components market, creating supply chain problems that will be felt for several years. The perfect storm Even before the COVID-19 pandemic, most electronic component manufacturers were running at 95-98% capacity. This high demand for electronic components was fuelled by growth in technologies like automation and the Internet of […]