MARKET UPDATES – 14.07.21

GENERAL OVERVIEW

  • The current market situation remains unchanged. Further growth surges are expected throughout the rest of 2021 due to ongoing component shortages causing constraint capacities and longer lead times.

 

 

  • Longer lead times are expected to continue until at least Q2. 2022. Customers are advised to place forecasts up to 18 months in advance as material obtainability remains at a very high level.

 

 

  • There is no quick-fix solution to the present constrained market, however we may see a reverse of the current situation by the end of 2022, with potential excess stock and oversupply available as the economy steadily recovers.