Electronic Components Sales Market Analysis and Forecast (December 2023)

2024/01/10

Table Of Contents

Prologue

1 Macroeconomics in December

  1.1 Weakness in Global Manufacturing Operations

  1.2 The Electronic Information Manufacturing Industry Is Gradually Recovering

  1.3 The Semiconductor Market Rebounds Strongly

2 Chip Delivery Trend in December

  2.1 The Overall Chip Delivery Trend

  2.2 List of Delivery Cycles of Key Chip Suppliers

3 Orders and Inventory in December

4 Semiconductor Supply Chain in December

  4.1 Semiconductor Upstream 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)Service Machine
(7)Communication

5 Distribution and Sourcing Opportunities and Risks

5.1 Opportunities

5.2 Risk

6 Summarize

Disclaimer

 

Prologue

1 Macroeconomics in December

    1.1 Weakness in Global Manufacturing Operations

In December,The global economy continues to be weak and downward,and the weak volatility characteristics of major economies such as China,the United States,and the European Union have not changed. Looking back at 2023,since the second half of the year,the economy has shown a stable recovery and a positive development trend in structure. Outlook for continued economic recovery and improvement in 2024.

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

Source: NBSPRC

The OECD predicts that the economic growth rate in 2024 will be 2.7%,which is 0.2 percentage points lower than the expected 2023 growth rate.

    1.2 The Electronic Information Manufacturing Industry Is Gradually Recovering

From January to November,China's electronic information manufacturing industry saw an accelerated recovery in production,a sustained narrowing in export decline,an accelerated recovery in efficiency,a slight decline in investment,and an increase in revenue in multiple regions.

Chart 2: Latest Operation of Electronic Information Manufacturing Industry in 2023

Source: MIIT

    1.3 The Semiconductor Market Rebounds Strongly

According to the latest data from SIA,global semiconductor sales reached 46.62 billion yuan in October,a month on month increase of 3.9%,marking the eighth consecutive month on month growth.

Chart 3: Latest global semiconductor industry sales and growth rate in 2023

Source: SIAChip Insights

From the perspective of integrated circuit production,the global integrated circuit production in November was about 104.8 billion pieces,a year-on-year increase of 19.1%. China's production reached 31.3 billion pieces,a year-on-year increase of 27.9%,and the trend of continuous recovery in production is evident.

Chart 4: Latest global and Chinese integrated circuit production and growth rate in 2023

Source: Wind

For more information, please refer to the attached report.