Global design and sourcing activities for electronic components both increased month-over-month in February following seasonal trends.
February Design Activities:
- Global electronic components design activities increased 9% month-over-month and 14% year-over-year, with all regions experiencing growth.
- Design activities were concentrated in key verticals, including computer equipment/data centers, industrial automation, and aerospace.
- Automotive remained a top vertical but showed lower activity levels compared to prior months.
February Sourcing Activities:
- Global electronic components sourcing activities grew 9% month-over-month but remained 2% lower year-over-year.
- The APAC region drove the increase in global sourcing, with a 25% month-over-month rise in activity.
- Key industries with strong sourcing activity included computer equipment/data centers, industrial automation, and aerospace.
Calendar Q1 2025 Insights & Outlook:
- Based on February performance, calendar Q1 projections have been revised slightly upward.
- Both global design and sourcing activities are expected to continue their growth trajectory.