electronic components demand will increase in2024?
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Chip production capacity reduction process.


Edgewater Research's attitude is more cautious. Their analysts believe that there will still be an inventory excess problem in the first half of 2024. Weak demand means inventories still take longer to be consumed.

IDC

IDC is an optimist. They predict that the entire industry will grow by 20.2% year-on-year in 2024. The semiconductor market will accelerate rebound and growth in 2024, which is a huge opportunity. These forecasts come from confidence in the recovery of the Chinese and American markets.

WSTS


WSTS also gave an optimistic forecast for 2024, predicting that global semiconductor revenue will increase significantly in 2024, with Asia-Pacific increasing by 12% and memory device increasing by 44.8%. Their optimism is mainly due to the popularization of artificial intelligence.


Compared with the main focus of destocking in 2023, the main focus in 2024 is a recovery, and even a rebound at the end of 2024 and 2025.

Although many institutions have different opinions on the semiconductor recovery process in 2024, generally most analysts have consistent opinions on recovery in the second half of 2024.


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It is certain that there will be a partial recovery in the electronic components market in the first half and middle of 2024. it may have to wait until the end of 2024 and the beginning of 2024 to rebound.

Although many manufacturers have achieved results in selling inventory, some of the inventory is still in the hands of the spot circulation market such as traders, distributors and end users. This part of the inventory will still have an excess problem in the first half of 2024. 

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