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Electronic component market to see continued growth by 2027

The electronic component market is set to see continued growth over the next five years, with projections estimating greater demand than ever. Several forecasts have converged with the same conclusion; demand for components is set to rocket as the world adopts more advanced technologies.  This article will explore the latest research papers and market analysis […]

Why is chip sovereignty so important?

The US and EU are planning for chip sovereignty, aiming to defend domestic chip supplies and move manufacturing back home. At first glance this is a tall order, considering most chips are made in China and China controls 55% of rare earth metal production, but it is nether the less crucial to ensure that the […]

Component Prices Rise 10% to 40% – But why?

While component price rises are expected when demand outstrips supply, the scale of recent increases has come as a shock to many businesses. In its Q3 Commodity Intelligence Quarterly, CMarket intelligence platform Supplyframe reports that some electronic components have seen prices rise by as much as 40%, making it uneconomical for products to be made. […]

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 […]