Electronic Component Sales Sentiment Slide Continues in September but Glimmers of Hope Emerge for October
ECIA’s Electronic Component Sales Trend (ECST) September 2022 Survey Results
ATLANTA – Continuing a decline that started in May 2022, the ECIA Electronic Component Sales Trend index dropped again as it fell from 86.0 in August to 82.3 in the September measurement. However, the results varied widely by product segment. Electro-Mechanical components saw a steep decline as it fell by 16.7 points in September while the Semiconductor index improved by 7.2 points. Passive components were fairly stable with a dip of 1.7 points. Measurements below the benchmark level of 100 indicate negative sales growth sentiment.
“The October outlook provides some hope in the near-term as the overall index is expected to rebound by 5.7 points,” added ECIA Chief Analyst Dale Ford. “This is driven by strong rebounds projected for Electro-Mechanical and Passive Components of 10+ points. Semiconductors are expected to lose half of their September gains and fall by 3.6 points in October. While encouraging, the October index still reaches only 88.0 which leaves it solidly in the category of declining market growth.”
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 a growth cycle that still appears to have legs to go an extended distance.
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. Read the summary report.