The global connector industry is forecast to reach $65.7 billion by 2019, according to the latest report from Lucintel, a global management consulting and market research firm. The big growth drivers include 3C applications (computing, communication, and consumer electronics), miniaturization of electronic devices, and increasing electronic content in end products. The report “The Global Connector Industry 2014-2019:…
Future Electronics, a global leading distributor of electronic components, was recently named Distributor of the Year for 2014 by Panasonic Industrial Devices Sales Company of America. The award was presented during EDS, the Electronics Distribution Show, held in Las Vegas earlier this month. Panasonic Industrial Company is the industrial components and electronic devices division of…
Not surprisingly, Asia-Pacific is the largest market for LEDs in the world. The market in this region features aggressive expansion of production facilities by manufacturers as well as investment in infrastructure, according to a report by ApacMarket.com. The Asia-Pacific LED market is expected to reach $35.79 billion by 2020, at a CAGR of 15.7% during…
There is no doubt that distributors continue to face the same challenges year after year – rising costs, eroding margins, currency fluctuation, and the global economy. However, in 2014 market conditions slowly started to improve. There was a gradual improvement in the global economy and some increased capital spending. Overall, the supply side was well…
The North American (NA) distribution industry has posted a five percent increase in revenues after experiencing two years of flat growth. Although distributors faced several challenges, including price pressure, currency fluctuation, and margin erosion, a stronger global economy and higher demand from several market segments, including industrial and medical, buoyed the entire industry in 2014.…
North American (NA) revenue for the top 50 distributors in 2014 has turned upward after two years of flat growth. NA revenue increased $1.4 billion or five percent, reaching $31.7 billion in 2014, up from $30.3 billion in 2013, according to the Electronics Purchasing Strategies (EPS) survey of the electronic components distribution industry. In 2012,…