CONTACT: Jennifer Read
678-393-9990
[email protected]

October 31, 2022

FOR IMMEDIATE RELEASE

 

Sales Sentiment Decline in Electronic Components Extends into October with Increasing Pessimism Looking Forward 
ECIA’s Electronic Component Sales Trend (ECST) October 2022 Survey Results 

 

Atlanta – A precipitous drop in sales sentiment for semiconductors dragged the overall component sentiment index down by 6.7 points to 75.6 in October despite modest improvements in the Electro-Mechanical and Passive Component Indices. The index for semiconductors collapsed from 96.4 in September to 69.2 in October. 

“While memory ICs could be seen as the main driver of this drop in semiconductor sales sentiment, the fact is that every semiconductor subcategory saw double-digit declines in October ranging from 14 to 28 points down,” explained Dale Ford, ECIA Chief Analyst. “By contrast, all other component subcategories except for Capacitors saw modest improvement in October. Capacitors only saw a minor dip in sentiment.” 

Measurements below the benchmark level of 100 indicate negative sales growth sentiment. By contrast, the November outlook points to a drop in sales sentiment for all Electro-Mechanical and Passive component subcategories while Semiconductors rebound slightly. This results in a very closely aligned outlook for all three categories around 72.2 index points in November.  

 

The ECST survey provides highly valuable and detailed visibility on industry expectations in the near-term through the monthly and quarterly surveys. This “immediate” perspective is helpful to participants up and down the electronics components supply chain. In the long-term, ECIA shares in the optimism for the future as the continued introduction and market adoption of exciting innovative technologies should motivate both corporate and consumer demand for next-generation products over the long term.  

The complete ECIA Electronic Component Sales Trends (ECST) Report is delivered to all ECIA members as well as others who participate in the survey. All participants in the electronics component supply chain are invited and encouraged to participate in the report so they can see the highly valuable insights provided by the ECST report. The return on a small investment of time is enormous! 

The monthly and quarterly ECST reports present data in detailed tables and figures with multiple perspectives and covering current sales expectations, sales outlook, product cancellations, product decommits and product lead times. The data is presented at a detailed level for six major electronic component categories, six semiconductor subcategories and eight end markets. Also, survey results are segmented by aggregated responses from manufacturers, distributors, and manufacturer representatives. View the summary report. 

About ECIA

The Electronic Components Industry Association (ECIA) is made up of the leading electronic component manufacturers, their manufacturer representatives and authorized distributors. ECIA members share a common goal of promoting and improving the business environment for the authorized sale of electronic components. Comprised of a broad array of leaders and professionals representing all phases of the electronics components supply chain, ECIA is where business optimization, product authentication and industry advocacy come together. ECIA members develop industry guidelines and technical standards, as well as generate critical business intelligence. For more information, visit www.ecianow.org or call 678-393-9990.