Drop in Europe's Component Distribution TAM

14 November 2023

Figures from supply chain body DMASS show that the European components distribution business declined by 5.6% during the 3rd quarter of 2023 - with a Euro 5.15 billion being reached (bringing it very closely in line with the same quarter last year).

Of this overall total the semiconductors segment constituted Euro 3.65 billion (down -3.2% on the last quarter), though Germany and the UK both managed to garner positive growth here (while Russia and Israel saw the most dramatic drops). The decline was greatest in relation to power discretes, memories and programmable logic devices. The interconnect, passive and electromechanical (IPE) components segment claimed a current worth of Euro 1.5 billion (11% down on what had been posted in the previous quarter). Here only Turkey managed to see any growth. 

According to Chairman of DMASS Europe, Hermann Reiter; “After nearly 3 years of unprecedented growth, the market starting to consolidate is not a surprise. However, despite all current geo-political challenges, the long-term outlook for our industry overall remains positive.” 

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