VA - The Electronics Component Assembly and Materials Association (ECA) reports
researchers are predicting the electronic components market in 2008 will
grow at about the same rate or slightly better than 2007, with supply and
demand for electronic components continuing to look good.
an increase in December, orders slowed in January,
according to the ECA’s four-to-five week average index, continuing that the
previous 12-month average remained relatively flat.
In addition, the Consumer Electronics Association predicted last month that the consumer products
market will grow 6.1% this year, fueled by a 13% growth in TV sales, a 173% increase
in next-generation DVD players, and 50% growth in video game consoles.
forecasts a 7% rise in worldwide electronics equipment revenue, driven
primarily by data processing and wireless communications markets.
components isn’t exactly a ‘teflon’ market, but it does have an uncanny ability
to weather storms that damage other markets. I think a lot of credit can go to
better management of supply chains based on the lessons learned from … the
market at the turn of the century,” concluded Bob Willis, ECA president.