Deutsche Bauelemente-Distribution (according to FBDi e.V.) posted a sales increase of 17.5% and an increase of 132% in order intake in the second quarter of 2021. The shortage of components prevents a better result.
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DMASS: 2021 to bring more of what we ve seen
The European semiconductor distribution market started 2021 with a “flat tyre”, despite a significant increase in bookings since last quarter. According to DMASS, sales in the European Semiconductor Distribution Market fell by 1.6% to EUR 2.17 billion. Sequential growth of 15.6% however, indicates strong turnaround.
“While 2020 certainly was influenced by the COVID-19 pandemic and Brexit anxieties, these factors seem to have disappeared completely from the current market development. Now, it is all about components shortage and strategic dependencies on Asian production. Booking levels are crazy and availability has become a revenue-limiting factor for distribution and their customers. The sequential growth indicates the direction the rest of the year might take,” says Georg Steinberger, chairman of DMASS in a press release.
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Sales in the European and German components distribution market is still decreasing compared to the pre-Corona quarter Q1/20, but as in the last quarter, order intake went through the roof in Q1/21.
After 23% in the previous quarter, customer bookings went up by 48.8%, signifying a new all-time high of €1.24 billion Euros. Sales were slightly below expectations at 771 million Euros (-6.1%), held back by the lack of components availability. At 1.61, Q1 showed the highest book-to-bill rate ever registered at FBDi.
At product level, passive components, which were hit hardest in 2020, increased significantly by 6% to 101 million Euros of sales. Semiconductors saw a disproportionate decline in some product areas, resulting in an overall minus of -11% and sales of 501 million Euros. Revenue with electromechanics were 2.9% higher (107 million Euros). Power supplies (+8.7% to 32 million Euros) and assemblies (10.4% to just under 10 million Euros) grew comparativ
German components distribution (according to FBDi e.V.) records almost 50% increase in order intake in the first quarter of 2021. Sales still slightly down at -6.1%. Components shortage prevents better result.