Market Watch
EDITED by CHELSEY DRYSDALE
TVs Turned On

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

%CHANGE
MAY.
JUN.
JUL.
YTD%
Computers and electronics products
0.3
-0.3
4.0
1.5
Computers
2.1
0.2
-3.0
-11.3
Storage devices
-2.1
-4.9
1.6
46.6
Other peripheral equipment
9.5
-14.5
20.3
6.3
Nondefense communications equipment
0.2
-0.4
9.5
7.2
Defense communications equipment
7.2
1.1
-4.5
0.4
A/V equipment
4.0
13.9
11.0
-13.9
Components1
-0.3
0.0
5.5
9.1
Nondefense search and navigation equipment
-0.7
1.0
1.4
-6.4
Defense search and navigation equipment
-0.2
0.2
2.2
3.0
Medical, measurement and control
0.0
0.2
0.4
-3.5
rRevised. *Preliminary. 1Includes semiconductors. Seasonally adjusted. Source: U.S. Department of Commerce Census Bureau, Sept. 2, 2020
Metals Index
Graph of LME Tin
Graph of LME Lead
Graph of LME Copper
Graph of Comex Silver
Hot Takes
  • Personal computing devices, including traditional PCs, tablets, and workstations, will grow 3.3% year-over-year in 2020, with shipment volumes reaching 425.7 million units. (IDC)
  • By 2030, augmented, virtual and mixed reality optics and display markets are expected to total more than $28 billion. (IDTechEx)
  • Total smartphone production reached 286 million units in the second quarter, a sequential rebound of 2.2% but a 17% drop year-over-year. (TrendForce)
  • The worldwide smartphone market is forecast to decline 9.5% year-over-year in 2020, with shipments totaling 1.2 billion units. (IDC)
  • The consumer electronics market is expected to surpass $1.5 trillion by 2026, up from $1 trillion last year. (Global Market Insights)
  • The output of PCBs in Japan in June was down 234% year-over-year to 803,000 sq. m. (JPCA)
  • Global home audio posted second quarter shipment growth of 20% sequentially. (Futuresource Consulting)
  • The fan-out wafer level package (FO-WLP) market is projected to grow 15.5% in units from 2020 to 2024. (TechSearch International)
  • The worldwide electronics assembly market consisted of approximately $1.3 trillion in terms of cost of goods sold as of 2019. (New Venture Research)
  • M&A activity in the EMS sector stalled in the second quarter, with just three deals closing in the period. The three deals included two consolidations and one vertical/horizontal convergence. (Lincoln International)
  • Taiwan automotive PCB shipments declined 6.7% in the first half, the only segment with negative sales growth in the domestic industry. (TPCA)
  • The overall 5G enterprise market will reach $2.3 billion in 2020 and is projected to reach $31.7 billion by 2026, at a CAGR of 54%. (MarketsandMarkets)
  • The printed electronics market is forecast to grow 4% from 2020 to 2026. (ReportLinker)
US MANUFACTURING INDICES
 
APR.
MAY.
JUN.
JUL.
AUG.
PMI
41.5
43.1
52.6
54.2
56.0
New orders
27.1
31.8
56.4
61.5
67.6
Production
27.5
33.2
57.3
62.1
63.3
Inventories
49.7
50.4
50.5
47.0
44.4
Customer inventories
48.8
46.2
44.6
41.6
38.1
Backlogs
37.8
38.2
45.3
51.8
54.6
Sources: Institute for Supply Management, Sept 1, 2020
Key Components
 
MAR.
APR.
MAY.
JUN.
JUL
Semiconductor equipment billings1
21.2%
18.7%
13.5%
14.4%r
27.6%p
Semiconductors2
6.85%
6.13%
4.82%
4.95%r
4.92%p
PCBs3 (North America)
1.15
1.19
1.10
1.12
1.00
Computers/electronic products4
5.43
5.44
5.44
5.44r
5.28p
Sources: 1SEMI, 2SIA (3-month moving average growth), 3IPC, 4Census Bureau, ppreliminary, rrevised