October Highlights:
- In October, global design and sourcing activities increased month-over-month, following typical seasonal patterns.
- Global design activity rose by 16% from the previous month, with gains across all regions. The EMEA region saw the largest month-over-month increase. Compared to last year, global design activities were up by 8%.
- Sourcing demand increased by 5% from September, with growth in the Americas and EMEA regions, while APAC remained steady. However, compared to last year, sourcing activities were down by 15% globally, with declines across all regions.
- Across both design and sourcing activities, significant growth was observed in categories like power circuits, capacitors, inductors, drivers and interfaces, and logic, particularly within verticals such as computer equipment and data centers, industrial machinery and equipment, aerospace and defense, and automotive.
Q4 2024 Outlook:
- For the fourth quarter, global design activities are projected to increase between 3% and 5% quarter-over-quarter. Sourcing activities, however, are expected to decrease by 7% to 10% quarter-over-quarter, in line with trends from the past five years.