Market Watch
EDITED by CHELSEY DRYSDALE
Stuck at Home

Trends in the U.S. electronics equipment market (shipments only).

%CHANGE
APR.
MAY.
JUN.
YTD%
Computers and electronics products
0.5
0.3
-0.8
1.1
Computers
-0.2
2.1
-0.7
-11.9
Storage devices
-2.8
-2.1
-4.4
51.5
Other peripheral equipment
2.8
9.5
-14.4
4.5
Nondefense communications equipment
-0.2
0.2
-0.4
6.2
Defense communications equipment
3.5
7.2
1.4
-1.6
A/V equipment
5.3
4.0
10.1
-17.1
Components1
1.9
-0.3
-1.2
8.2
Nondefense search and navigation equipment
-1.3
-0.7
-0.4
-6.4
Defense search and navigation equipment
0.3
-0.2
-0.4
2.7
Medical, measurement and control
-1.1
0.0
0.1
-3.6
rRevised. *Preliminary. 1Includes semiconductors. Seasonally adjusted. Source: U.S. Department of Commerce Census Bureau, Aug. 4, 2020
Metals Index
September 2020 LME Tin
September 2020 LME Lead
September 2020 LME Copper
September 2020 COMEX Silver
Hot Takes
  • The electronic skin market is set to grow from its current value at over $6 billion in 2019 to $16 billion by 2026. (Global Market Insights)
  • Worldwide IT spending is projected to total $3.5 trillion in 2020, a decline of 7.3% from 2019. (Gartner)
  • Electronic component suppliers are slightly less concerned about the health of the supply chain, as passive and electromechanical components become more available. (ECIA)
  • PCB and MCM design software revenue totaled $250.9 million in the March quarter, up 12% from a year ago. (ESDA)
  • The worldwide market for AI software will expand to $98.8 billion by 2025, up from $16.4 billion in 2019. (Omdia)
  • Q2 worldwide PC shipments totaled 64.8 million units, up 2.8% year-over-year. (Gartner)
  • Taiwan’s PCB equipment suppliers are poised to land more orders for automation equipment from PCB clients in China in the second half of 2020 as clients are expected to accelerate production automation.
  • Q2 worldwide tablet growth rose 18.6% year-over-year after two sequential quarters of decline. (IDC)
  • Worldwide smartphone shipments decreased 16% year-over-year in the June period. (IDC)
  • Global server shipments are forecast to contract 5.6% sequentially in the third quarter due to slowing demand for cloud servers from datacenter operators and for enterprise servers. (Digitimes Research)
  • Global semiconductor manufacturing equipment sales by OEMs are projected to increase 6% year-over-year to $63.2 billion in 2020 before logging record high revenue of $70 billion in 2021. (SEMI)
  • The worldwide IC market is expected to show single-digit growth in 2020. (IC Insights)
  • Sales in the German electronics industry fell 4.2% year-over-year in June, as the rate of decline fell. (ZVEI)
US MANUFACTURING INDICES
 
MAR.
APR.
MAY.
JUN.
JUL.
PMI
49.1
41.5
43.1
52.6
54.2
New orders
42.2
27.1
31.8
56.4
61.5
Production
47.7
27.5
33.2
57.3
62.1
Inventories
46.9
49.7
50.4
50.5
47.0
Customer inventories
43.4
48.8
46.2
44.6
41.6
Backlogs
45.9
37.8
38.2
45.3
51.8
Sources: Institute for Supply Management, Aug 3, 2020
Key Components
 
FEB.
MAR.
APR.
MAY.
JUN
Semiconductor equipment billings1
26.6%
20.1%
18.2%
12.9%r
14.4%p
Semiconductors2
5%
6.85%
6.13%
4.82%r
5.1%p
PCBs3 (North America)
1.15
1.15
1.19
1.10
1.12
Computers/electronic products4
5.41
5.43
5.44
5.44r
5.47p
Sources: 1SEMI, 2SIA (3-month moving average growth), 3IPC, 4Census Bureau, ppreliminary, rrevised