Electronic Component Sales Sentiment Drops Below 100 in December Outlook
Dale Ford, Chief Analyst
The electronic components sales sentiment index points to an acceleration in its steep decline for the December forecast. This continues a significant downward trend that started in November. The previous survey results pointed to a major decline of -12.0 points between October and November falling to 107.3. The actual sentiment measured for November in the current survey came in down -8.3 points compared to October at an overall level of 111.0. The sentiment looking toward December predicts the overall average falling below 100.0 for the first time in 18 months, since July 2020. The December forecast for sales sentiment is expected to fall by -15.9 points from November down to 95.2 overall.
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Member of the Week:
The Genie Group has been a member of ECIA for 35 years.
The team has had active roles on the ECIA and NEDA boards. Eric Max was a long time ECIA & Foundation board member. After his passing, the ECIA Foundation worked with his family and donations by the industry to create a fund in his memory supporting the following: the Eric Max Drone Club and robotics program at Grassland Middle School in Franklin, TN and the FIRST ® Robotics Competition Scholarship designated for two Tennessee graduating high school seniors that have participated in FIRST® Robotics.
The Genie Group offers a broad range of products through our logistics facility including: connectors, fuses, cleaning chemicals, wire & cable, sound/security, test equipment including thermal imaging cameras, switches, wire management products and accessories. Genie Group provides high-quality customer service with a knowledgeable and experienced staff. ECIA is proud to have the Genie Group as a valued member.
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Weekly Member Newsletter
December 1 - Member of the Week, Genie Group; Subscribe to The Channel Channel; ECIA Stats and Insights; Webinar on 2022 Outlook with Dale Ford
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Industry Dashboard
Top 50 Global Authorized Distributors - 2020
New ECIA research has resulted in the production of the first “true” Top 50 Worldwide Authorized Distributor research with valuable detail on the major Asian countries in the electronic components and equipment supply chain. While there are lists presented as “Top 50” worldwide distributors they all appear to only include a subset of companies that is strongly oriented to Americas and EMEA companies. The companies headquartered in Asia are commonly overlooked even though they play a large role in the global distribution industry.
According to the research presented in this article, Asia accounted for over 75% of the Top 50 authorized distributor global revenues in 2020. The Americas and EMEA distribution markets come in far behind at 13.4% and 11.4% respectively. In addition, 39 out of the top 50 authorized distributors are headquartered in Asia and account for over 63% of distribution revenues in this analysis.
100 Years of the Authorized Channel
 What's your story? Many companies in the electronics industry are celebrating milestone anniversaries. With a nod to the industry’s start on Radio Row, it is the perfect time to celebrate 100 years of the Authorized Channel and its impact on the tech industry and society.
ECIA is assisting in the creation of an e-book that recognizes the visionaries and founders of our industry, the companies that made a difference, technology, operational advancements, and the Association - which has helped spur the growth and value of the channel. View detailed information and ad specifications. Select from a full-page advertorial spread, full page or half-page ad.
GIPC News
Design Registration
The ECIA’s Global Industry Practices Committee (GIPC) has reached a milestone in its Design Registration program initiative. One critical objective of the initiative is to substantially improve the efficiency of the cross-enterprise design registration process by developing a ‘Smart’ version that can leverage AI and other digital solutions.
Phase 2 began with a newly formed work group of Subject Matter Experts. Attributes of a desired-future state registration process were delineated based on the 2020 research, and by building consensus among the key stakeholders.. This consensus document was recently completed and accepted. The work group now begins the process of evaluating trending technology companies for compatibility to the Desired-Future State model.
Environmental Compliance
This GIPC subgroup met recently to discuss matters that impact the electronic component industry. Updates were provided on issues such as PIP 3.0; SCIP and Prop 65. ECIA works with a number of third-party companies that specialize in these areas and provide ECIA members a way to stay on top of these important issues. For more information about Environmental Compliance, see Issues & Practices (ecianow.org).
For more information on GIPC activities, please contact Don Elario.
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