Electronic Components Sales Market Analysis and Forecast (May 2026)

2026/07/01

Table Of Contents

Prologue

1 Macroeconomic Situation in May

1.1 Global Manufacturing Remains Steady with Sustained High Prosperity

1.2 Export of Electronic Information Manufacturing Rises with Solid Momentum

1.3 Semiconductor Sales Hit Record Highs Full-Year Revenue Projected at 1.5 Trillion US Dollars

2 Chip Lead Time Trends in May

2.1 Overall Chip Lead Time Trends

2.2 Overview of Lead Times for Key Chip Suppliers

3 Order and Inventory Status in May

4 Semiconductor Supply Chain in May

4.1 Upstream Semiconductor Manufacturers

(1)Silicon Wafer/Equipment

(2)Fabless/IDM

(3)Foundry

(4)OSAT

4.2 Distributor

4.3 System Integration

4.4 Terminal Application

(1)Consumer Electronics

(2)New Energy Vehicles

(3)Industrial Control

(4)Photovoltaic

(5)Energy Storage

(6)Data Center

(7)Communication

(8)Medical Equipment

5 Distribution and Sourcing Opportunities and Risks

5.1 Opportunities

5.2 Risk

6 Summarize

Disclaimer

Prologue


 

1 Macroeconomic Situation in May

1.1 Global Manufacturing Remains Steady with Sustained High Prosperity

In May global manufacturing PMI stayed stable with mild expansion momentum Apart from France which fell below the boom-bust line again due to Middle East conflicts China Germany the US Japan and South Korea all maintained expansion Overall AI-related demand and inventory restocking underpinned market prosperity while cost and supply chain pressures brought by geopolitical conflicts remained major risks.

Chart 1: Manufacturing PMI of the world's major economies in May

 

Source: NBSPRC

1.2 Export of Electronic Information Manufacturing Rises with Solid Momentum

From January to April 2026 China’s electronic information manufacturing sector maintained rapid production growth export growth climbed steadily industry profitability improved markedly and the sector posted sound development momentum.

Chart 2: Latest Operation of Electronic Information Manufacturing Industry

 

Source: MIIT

1.3 Semiconductor Sales Hit Record Highs Full-Year Revenue Projected at 1.5 Trillion US Dollars

Per latest SIA data global semiconductor market sales reached 110.48 billion US dollars in April surging 93.9% year-on-year to a historic high Meanwhile WSTS forecasts 2026 global semiconductor market sales to hit 1.5 trillion US dollars driven largely by robust demand for AI infrastructure.

By regional market the Americas saw 115.8% YoY growth China posted 78.6% YoY growth Japan and Europe registered 15.6% and 54.7% YoY growth respectively The China and US markets continue to lead the upward global semiconductor cycle.

Chart 3: Latest global semiconductor industry sales and growth rate

 

Source: SIA,Chip Insights

In terms of integrated circuit output global and China IC output exceeded 134 billion units and 48.1 billion units respectively in April sustaining an upward trend.

Chart 4: Latest global and Chinese integrated circuit production and growth rate

 

Source: WSTS,SIA,Chip Insights

On import and export China’s IC trade maintained strong growth in April with export growth topping 100% a record high.

Chart 5: Latest import and export amount and growth rate of integrated circuits in China

 

Source: MIIT,SIA,Chip Insights

For capital market indices the Philadelphia Semiconductor Index (SOX) rose 11.8% in May boosted by explosive AI demand and better-than-expected earnings of leading manufacturers China’s SW Semiconductor Industry Index climbed 12.5% fueled by strong policy stimulus Huawei’s technological breakthroughs and accelerated domestic memory development.

Chart 6: Trend of SOX and SW Index in May

Source: Wind,Chip Insights

For more information, please refer to the attached report.