Electronic Component Shortages 2024. Intel recently forecast that the global chip shortage will continue until 2024. According to data from straits research, the global electronics component market is expected to grow to $328.5 billion by 2031, up from $186.38 billion in 2022.
Pandemic disruptions, climate events, and geopolitical conflicts have triggered component shortages that have whipsawed industries from autos to mobile devices. Electronic components’ makers face some severe supply chain issues as the demand for semiconductors is spiking worldwide.
The Global Electronic Component Supply Chain Is In A Precarious Position.
Pandemic disruptions, climate events, and geopolitical conflicts have triggered component shortages that have whipsawed industries from autos to mobile devices.
According To Data From Straits Research, The Global Electronics Component Market Is Expected To Grow To $328.5 Billion By 2031, Up From $186.38 Billion In 2022.
Why are electronic components in short supply still?
A Rebound Is In Store For The Latter Half Of The Year, But Challenges Could Easily Disrupt The Supply Chain’s Vulnerable Recovery.
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The Outlook For 2024 Indicates That The Industry Will Continue To Recover From The Shortages Experienced In Previous Years, With Improved Inventory Levels And.
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A Rebound Is In Store For The Latter Half Of The Year, But Challenges Could Easily Disrupt The Supply Chain’s Vulnerable Recovery.
Intel recently forecast that the global chip shortage will continue until 2024.
On The One Hand, Many Of The Influencers That Drove The Shortages Last Year Remain.