{"id":5920,"date":"2023-04-27T19:07:40","date_gmt":"2023-04-27T18:07:40","guid":{"rendered":"https:\/\/supplyframe.com\/?p=5920"},"modified":"2023-04-27T19:08:47","modified_gmt":"2023-04-27T18:08:47","slug":"whitepaper-2023-predictions-for-10-electronics-industry-verticals","status":"publish","type":"post","link":"https:\/\/intelligence.supplyframe.com\/pl\/whitepaper-2023-predictions-for-10-electronics-industry-verticals\/","title":{"rendered":"Whitepaper: 2023 Predictions For 10 Electronics Industry Verticals"},"content":{"rendered":"<p>From aerospace and defense, to consumer electronics, to medical devices and beyond, most industries today rely on electronics. . And as demand and supply ebb and flow, it\u2019s often mission critical that supply chain professionals across manufacturing industries are able to source the raw materials and components they need to keep production lines running.<\/p>\n\n\n\n<p>We explore some of the challenges and predictions each industry faces in a predictions whitepaper. Covering 10 different industry verticals in global electronics, our predictions are a combination of industry expertise and real-world intelligence, to give you a comprehensive view of where the electronics marketplace is going. Read on to learn more and find out how you can download your copy today!&nbsp;<\/p>\n\n\n\n<h2 class=\"wp-block-heading\" id=\"h-a-glimpse-into-the-next-twelve-months\">A Glimpse into The Next Twelve Months&nbsp;<\/h2>\n\n\n\n<p>In addition to our own commentary, this latest whitepaper uses insights from Supplyframe Commodity IQ, a decision support solution that compiles real-world data on everything from lead times to pricing, industry trends, and more.&nbsp;<\/p>\n\n\n\n<p>According to Commodity IQ, shortages are expected to last through the first half of 2023 and into 2024 for certain categories. To download the full whitepaper, simply visit one of our tailored industry pages by clicking the link below that applies most to your organization:&nbsp;<\/p>\n\n\n\n<p><strong>1) Semiconductor Manufacturing<\/strong><\/p>\n\n\n\n<p>On October 7th, 2022, the U.S. Department of Commerce\u2019s Bureau of Industry and Security announced new rules that restrict chip exports to China. This will undoubtedly result in heightened global tensions. <a href=\"https:\/\/supplyframe.com\/manufacturers-suppliers-distributors\/\" target=\"_blank\" rel=\"noreferrer noopener\">Visit our industry page for Manufacturers, Suppliers, and Distributors<\/a> to learn more.\u00a0<\/p>\n\n\n\n<p><strong>2) Consumer Products&nbsp;<\/strong><\/p>\n\n\n\n<p>Consumer demand for sustainable, innovative, and feature-rich appliances is expected to rise in 2023. As pressure rises from this front, manufacturers in this space will need to reconcile rising raw material costs and balance risk with innovation. <a href=\"https:\/\/supplyframe.com\/consumer-products\/\" target=\"_blank\" rel=\"noreferrer noopener\">Visit our Consumer Products industry page <\/a>to learn more.\u00a0<\/p>\n\n\n\n<p><strong>3) High Tech and Consumer Electronics&nbsp;<\/strong><\/p>\n\n\n\n<p>The consumer electronics market has long been a cyclical one, and despite the disruption of recent years, this has not changed. After two years of non-stop demand, we expect the desire for big ticket items like TVs, laptops, and mobile devices to wane in 2023. FInd out more by <a href=\"https:\/\/supplyframe.com\/high-tech-consumer-electronics\/\" target=\"_blank\" rel=\"noreferrer noopener\">visiting our High Tech &amp; Consumer Electronics<\/a> industry page.\u00a0<\/p>\n\n\n\n<p><strong>4) Transportation &amp; Automotive<\/strong><\/p>\n\n\n\n<p>The automotive market has been under incredible stress during the era of component shortages and COVID-19. Thankfully, things are turning around in 2023, but challenges remain. Find out how the automotive industry is transitioning to electric vehicles <a href=\"https:\/\/supplyframe.com\/transportation-automotive\/\" target=\"_blank\" rel=\"noreferrer noopener\">on our Transportation and Automotive industry page<\/a>.\u00a0<\/p>\n\n\n\n<p><strong>5) Industrial Equipment&nbsp;<\/strong><\/p>\n\n\n\n<p>Industrial Equipment manufacturers will want to learn more about our predictions in 2023, due to the possibility of headwinds in the form of slowing demand and lower economic growth. Rising energy costs will be a concern as well. Learn more by <a href=\"https:\/\/supplyframe.com\/industrial-equipment\/\" target=\"_blank\" rel=\"noreferrer noopener\">visiting our Industrial Equipment industry page<\/a>.\u00a0<\/p>\n\n\n\n<p><strong>6) Medical Devices&nbsp;<\/strong><\/p>\n\n\n\n<p>The medical device industry is charting steady growth in 2023, reaping the rewards of a focus on efficiency and a wider distribution of care. The challenges of COVID-19 forced this industry to rethink their entire supply chains, and now they will see the benefits of that digital transformation. <a href=\"https:\/\/supplyframe.com\/medicaldevices\/\" target=\"_blank\" rel=\"noreferrer noopener\">Visit our Medical Devices industry page<\/a> to learn more.<\/p>\n\n\n\n<p><strong>7) Electronics Manufacturing Services Providers (EMS)&nbsp;<\/strong><\/p>\n\n\n\n<p>We are tracking growth for EMS providers in 2023, thanks to rising demand from OEMs seeking to reduce their costs. As a result, EMS organizations will focus deeper on next-generation technology and talent. <a href=\"https:\/\/supplyframe.com\/electronic-manufacturing-services-providers\/\" target=\"_blank\" rel=\"noreferrer noopener\">Visit our Electronics Manufacturing Services Providers<\/a> industry page to learn more.\u00a0<\/p>\n\n\n\n<p><strong>8) Suppliers and Distributors&nbsp;<\/strong><\/p>\n\n\n\n<p>With the thread of an economic recession in 2023, electronics suppliers and distributors must remain vigilant. Access to the latest intelligence on raw material pricing and the effects of geopolitical legislation like tariffs will be more crucial than ever this year. V<a href=\"https:\/\/supplyframe.com\/manufacturers-suppliers-distributors\/\" target=\"_blank\" rel=\"noreferrer noopener\">isit our Manufacturers, Suppliers, and Distributors Industry page<\/a> to learn more.\u00a0\u00a0<\/p>\n\n\n\n<p><strong>9) Aerospace and Defense&nbsp;<\/strong><\/p>\n\n\n\n<p>The aerospace and defense industry is poised for major growth in 2023. Despite geopolitical tension and supply chain struggles, new innovations are bringing plenty of opportunities to the surface. New technologies like AI, ML, and IoT are also transforming the landscape of modern defense. <a href=\"https:\/\/supplyframe.com\/aerospace-defense\/\" target=\"_blank\" rel=\"noreferrer noopener\">Visit our Aerospace and Defense industry page to learn more<\/a>.\u00a0<\/p>\n\n\n\n<p><strong>10) Telecom and Communications&nbsp;<\/strong><\/p>\n\n\n\n<p>The telecommunications industry spans several other verticals in global electronics, and it is felt equally across all of them. In 2023, 5G comes into its own, but it will soon be joined by 6G and the Metaverse, bringing new opportunities and challenges in equal measure. <a href=\"https:\/\/supplyframe.com\/manufacturers-suppliers-distributors\/\" target=\"_blank\" rel=\"noreferrer noopener\">Visit our Manufacturers Suppliers and Distributors<\/a> industry page to learn more and download the full whitepaper.\u00a0<\/p>\n\n\n\n<h3 class=\"wp-block-heading\" id=\"h-discover-what-s-next\">Discover What\u2019s Next&nbsp;<\/h3>\n\n\n\n<p>Each of our industry pages allows you to download this comprehensive whitepaper and learn more about what 2023 holds for your organization\u2019s unique space in our industry. Visit your industry\u2019s page today to learn more!&nbsp;<\/p>","protected":false},"excerpt":{"rendered":"<p>From aerospace and defense, to consumer electronics, to medical devices and beyond, most industries today rely on electronics. . And as demand and supply ebb and flow, it\u2019s often mission critical that supply chain professionals across manufacturing industries are able to source the raw materials and components they need to keep production lines running. We [&hellip;]<\/p>","protected":false},"author":3,"featured_media":5921,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"content-type":"","footnotes":""},"categories":[275,220,218,214,11,102],"tags":[263,184,255,129,149],"class_list":["post-5920","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-aerospace-defense","category-commodity-iq","category-component-semiconductor-manufacturers","category-component-manufacturers-distributors","category-featured","category-resources","tag-aerospace-and-defense","tag-commodity-iq","tag-consumer-electronics","tag-industry-trends","tag-whitepaper"],"blocksy_meta":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v25.3 (Yoast SEO v25.3) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Whitepaper: 2023 Predictions For 10 Electronics Industry Verticals<\/title>\n<meta name=\"description\" content=\"Discover a 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