MARKET UPDATES – 23.06.21

GENERAL OVERVIEW

  • Limited supply for a wide range of components is expected as demand continues to grow. This is causing increased lead times and constraint capacities across the market.

 

  • Lead times are expected to remain extremely high, and further growth is predicted throughout 2021 due to component shortages.

 

  • Order backlog and visibility in customer forecasting is key for the supply chain as prices continue to rise.