Market Watch
EDITED by CHELSEY DRYSDALE
Component Crunch

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

%CHANGE
JAN.
FEB.
MAR.
YTD%
Computers and electronics products
1.2
-0.6
0.3
8.5
Computers
6.5
2.0
-2.6
2.7
Storage devices
20.4
-5.2
-3.8
21.6
Other peripheral equipment
9.9
-2.3
-1.8
17.6
Nondefense communications equipment
-5.5
-0.8
1.5
14.8
Defense communications equipment
4.5
0.0
-1.8
6.9
A/V equipment
17.7
-7.1
2.1
17.4
Components1
1.1
-0.1
1.7
8.7
Nondefense search and navigation equipment
3.0
-0.2
-0.5
0.6
Defense search and navigation equipment
4.7
-2.5
-0.4
2.7
Medical, measurement and control
2.2
-1.2
0.9
9.2
rRevised. *Preliminary. 1Includes semiconductors. Seasonally adjusted.
Source: U.S. Department of Commerce Census Bureau, May 4, 2021
Metals Index
LME-Tin Graph
LME-Lead Graph
LME-Copper Graph
Comex Silver Graph
Hot Takes
  • Electric vehicles and autonomy are expected to drive the printed electronics automotive market to $12.7 billion by 2031. (IDTechEx)
  • Tablets saw first quarter year-over-year growth of 55.2% and shipments totaling 39.9 million units. (IDC)
  • First quarter smartphone shipments were up 25.5% year-over-year, and smartphone vendors shipped nearly 346 million devices. (IDC)
  • Total North American EMS orders in March rose 8.9% year-over-year and decreased 8.7% sequentially. (IPC)
  • DRAM price hikes for the second quarter are expected to be 18 to 23%, up from a prior estimate of 13 to 18%. (TrendForce)
  • PCB and MCM design software revenue decreased 0.8% year-over-year to $292.9 million in the fourth quarter. (ESD Alliance)
  • Sales at the top 50 EMS companies worldwide accounted for $384 billion in revenue, up 4.6%. (MMI)
  • Worldwide sales of semiconductor manufacturing equipment surged 19% to an all-time high of $71.2 billion in 2020. (SEMI)
  • Global shipments of traditional PCs, including desktops, notebooks, and workstations, grew 55% year-over-year during the first quarter, IDC said.
  • The electronics manufacturing industry accounted for €301 billion (US$360.4 billion) in production value in 2019 and directly impacted €3.8 trillion in European GDP. (IPC)
  • Global server shipments in the second quarter are expected to increase 20% sequentially, unaffected by material shortages.
  • Taiwan’s PCB industry hit a record high in 2020, with global output reaching NT$696 billion ($24.8 billion). (TPCA)
  • Worldwide semiconductor revenue grew to $464 billion in 2020, an increase of 10.8% compared to 2019. (IDC)
US MANUFACTURING INDICES
DEC.
JAN.
FEB.
MAR.
APR.
PMI
60.5
58.7
60.8
64.7
60.7
New orders
67.5
61.1
64.8
68.0
64.3
Production
64.7
60.7
63.2
68.1
62.5
Inventories
51.0
50.8
49.7
50.8
46.5
Customer inventories
37.9
33.1
32.5
29.9
28.4
Backlogs
59.1
59.7
64.0
67.5
68.2
Source: Institute for Supply Management, May 1, 2021
Key Components
NOV.
DEC.
JAN.
FEB.
MAR.
Semiconductor equipment billings1
23.1%
7.6%
29.8%
32.4%r
47.9%p
Semiconductors2
8.4%
9.55%
13.2%
14.7%r
17.8%p
PCBs3 (North America)
1.05
1.10
1.14
1.29
1.22
Computers/electronic products4
5.13
5.11
5.05
5.11r
5.08p
Sources: 1SEMI, 2SIA (3-month moving average growth), 3IPC, 4Census Bureau, ppreliminary, rrevised