Electronic Components Sales Market Analysis and Forecast (January 2024)
Table Of Contents
Prologue
1 Macroeconomics in January
1.1 Global Manufacturing Remains at a Low Level
1.2 Weak Fluctuations in the Electronic Information Manufacturing Industry
1.3 Semiconductor Sales Hit a Low Point
2 Chip Delivery Trend in January
2.1 The Overall Chip Delivery Trend
2.2 List of Delivery Cycles of Key Chip Suppliers
3 Orders and Inventory in January
4 Semiconductor Supply Chain in January
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 January
1.1 Global Manufacturing Remains at a Low Level
In January, the global economic index remained low, with major economies such as China, the European Union, Germany, and the United Kingdom still below the warning line, showing an overall weak recovery trend.
Chart 1: Manufacturing PMI of the world's major economies in January
Source: NBSPRC
1.2 The Electronic Information Manufacturing Industry Is Gradually Recovering
From January to November 2023, 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 Semiconductor Sales Hit a Low Point
According to SIA data, global semiconductor sales in 2023 are expected to be approximately $520 billion, a year-on-year decrease of 9.4%. It is worth noting that as of December 2023, global semiconductor sales have achieved month on month growth for the tenth consecutive month, and chip demand has shown a clear upward trend. It is expected that the global semiconductor market will rebound strongly in 2024.
Chart 3: Latest global semiconductor industry sales and growth rate in 2023
Source: SIA、Chip Insights
From the perspective of integrated circuit production, the global integrated circuit production in December was about 106.2 billion pieces, a year-on-year increase of 8.7%. China's production reached 36.15 billion pieces, a year-on-year increase of 34%, 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.