Electronic Components Sales Sentiment in September 2023 Survey Reveals Struggle to Sustain Improvement – But Hope Springs Eternal

ECIAs Electronic Component Sales Trend (ECST) September 2023 Survey Results

 

Atlanta — The latest results from the September sales sentiment survey show the overall electronic component markets index struggling to sustain improvement. The latest overall score dipped 3.6 points to 86.7 in September. Despite the disappointing September results which fell short of expectations, the industry continues to sustain a positive outlook,” commented ECIA Chief Analyst Dale Ford. Looking toward October, survey participants project industry sentiment will improve to 94.0, the highest level since July 2022 and only 6 points below the threshold of 100 indicating sales growth.”

The complete Industry Sentiment September 2023 Outlook Article can be found at this link.

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.

Read the summary report or login to view the full report as a member of ECIA.

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