DMASS Sees Semi Sales Soar 44% In Q3

Clouds over the total components market have yet to appear in Europe where concerns of easing growth in European electronic components distribution were put to rest for the moment with a surprisingly strong summer quarter.

According to DMASS semiconductor distribution sales, as reported by members, grew by a stunning 44.3% to

3.58 Billion Euro, the highest revenue ever recorded.

IP&E (Interconnect, Passive and  Electromechanical) components sales rose 14.8% to 1.52 Billion Euro.

In total, the components distribution market grew by 34% to 5.1 Billion Euro.*

Hermann Reiter, chairman of DMASS commented: “Reading all the gloomy market outlooks for the global semiconductor market, these Q3 results most certainly must have come as a surprise to everyone. If availability had been better, I am sure distribution could have delivered even more. The significant growth is really due to a mix of price increases, exchange rate effects and improved availability from manufacturers. However, we also see relief in some components areas from an availability perspective. And in contrast to semiconductors, IP&E products already see a change in the market. All in all, we have reached a very high plateau of sales that will be hard to retain into next year. We think customers have covered a significant portion of their 2023 demand already in 2022, as can be seen with lower incoming orders.”

Semiconductors drove the summer quarter. From a regional view, the growth spread across countries and regions was huge.

Germany as the largest region rocketed a stunning 53% to 1.03 Billion Euro, followed by Italy up 46% to 322 Million Euro, France climbed 51% to 231 Million Euro and the UK advanced 32.8% to 223 Million Euro.

Sales in Eastern Europe increased 50% to 651 Million Euro, Nordic sales soared 47% to 299 Million Euro, in Israel sales accelerated 85% to 167 Million Euro, Iberia was up 59% to 153 Million Euro, Benelux grew 39% to 136 Million Euro, Switzerland sales rose 47% to 136 Million Euro and Austria was another big climber posting a 66% increase to 109 Million Euro.

Russian sales came to an almost complete halt and Turkey trails all other countries in growth.

 

On the product front Product-wise, the growth picture varied tremendously, from a disappointing 8% in Opto, mainly drive down by negative LED numbers, to an astonishing 90% growth in Other Logic (ASSPs).

Analogue and MOS Micro turned in strong performances with MOS Micro growth at 47% to 712 million Euros ahead of Analog products where sales rose 46.7% to 1.01 Billion Euro.

Power product sales increased 37.4% to 413 Million Euro, Memories climbed 60% to 385 Million Euro including a 68% advance for flash memory, Flash: 68%, Opto edged forward 7.9% to 257 Million Euro, Programmable Logic notched 61% growth to 233 Million Euro and Other Logic rocketed 90.5% also to 233 Million Euro.

Discretes improved 21% to 185 Million Euro and Sensors up 39% to 101 Million Euro ended the quarter below average.

Interconnect, Passive and Electromechanical (IP&E) components grew in Q3/22 at a slower pace than Semiconductors, although surprisingly strong from a sequential perspective.

Q3 sales of 1.52 Million Euro split as follows: Germany grew by 18.7% to 411 Million Euro, Italy by 11.8% to 151 Million Euro, France by 15.8% to 127 Million Euro, UK by 20.4 to 151 Million Euro, Eastern Europe by 15.7% to 205 Million Euro and Nordic by 13.6% to 128 Million Euro. Electromechanical products as the biggest product group (incl. Interconnect) grew by 15.2% to 807 Million Euro, Passives by 13% to 622 Million Euro and Power Supplies by 24.6% to 92 Million Euro.

Hermann Reiter concluded: “With a market development as experienced over the last two years and geopolitical as well as economic challenges mounting, the near-term future becomes more and more unpredictable. While the long-term outlook especially for      semiconductors looks great, weak demand already leaves its skid marks in 2022’s global market and could well lead to a bumpy time ahead. Europe and especially distribution have shown great resilience so far, and our strong industrial base carries many opportunities for sustainable growth. The awareness for digitalisation, a transformation of the energy infrastructure and the need for rethinking future living concepts and mobility is extremely high and hopefully translates into more interesting projects with our customers.”

The post DMASS Sees Semi Sales Soar 44% In Q3 appeared first on Disti Blog.

source https://distributor.electronicspecifier.com/dmass-sees-semi-sales-soar-44-in-q3/