Market Research Report Global Semiconductors Industry Outlook,Global pass | Page 3

The factors influencing the growth of the global electronic components industry are global political outlook, global economic conditions, and global banking. It is essential to understanding the predictions of the electronics component market along with many components distributors, manufacturers of electronic equipment and others handling the electronic components. Electronic components availability increases with inflation that enables manufacturers to keep production lines running whilst also keeping costs constant. Electronic components supply is influenced by the underlying global conditions and local conditions that enable distributors, component manufacturers, and equipment manufacturers to match demand and availability. New growing electronics with automotive and new Internet of Things (IoT) are expected to grow significantly driving overall growth in the electronic components market such as mobile and fixed telecommunications, all computer devices and others accessories are well established.