---
title: "2024 State of the Industry Report: Insights on Electronic Components"
description: Explore the 2024 State of the Industry Report on electronic components and obsolete parts sourcing. Trusted electronic component distributor insights. Get a fast quote today.
---

[Fusion Worldwide News & Insights - Read Online Today ](https://info.fusionww.com/blog)

# [2024 State of the Industry Report: Insights on Electronic Components](https://info.fusionww.com/blog/state-of-the-industry-report-2024-vol-1)

 Written by [Delaney McDevitt](https://info.fusionww.com/blog/author/delaney-mcdevitt) | 01.22.2024

Fusion Worldwide is always out in front of trends in the global semiconductor industry. In this *State of the Industry* report, we explore four key economic and geopolitical developments impacting our outlook for 2024, while highlighting the most dynamic electronic component markets on our radar.

 

# Get *Out in Front* of 2024 with Fusion's State of the Industry Report

Late 2020 through 2022 was an infamous era in the electronic component industry. The echoes of extreme shortages, record-high lead times, and significant pricing fluctuations were still salient as 2023 drew to a close. But other technological, geopolitical, and economic trends are impacting both supply and demand. From the ascendancy of AI to international tensions and instability, the market is in a state of flux.

Fusion Worldwide's new *State of the Industry* report explores all these developments in detail while diving deep into numerous market segments -- including automotive, aerospace and defense, enterprise computing, and more -- to identify key data points, emerging "dark horse" industry players, and our outlook for 2024 and beyond.

 

<https://assets.ctfassets.net/tnh2rextv5yf/1pDTSJMtycWI6Z85B5Ufyl/4ab828386f39f2ac3da13986b03c81a3/State_of_the_Industry_Report___Volume_1___Fusion_Worldwide.pdf>

 

## **Frequently Asked Questions**

### **What topics are covered in the 2024 State of the Industry Report?**

 The report explores four key economic and geopolitical developments impacting the 2024 outlook, such as international tensions and the ascendancy of AI. It also highlights dynamic electronic component markets.

### **Which market segments does the report analyze in detail?**

 The report dives deep into segments including automotive, aerospace and defense, and enterprise computing. It identifies key data points and emerging industry players within these verticals.

### **What services does Fusion Worldwide provide?**

 Fusion Worldwide is an open market distributor that sources, inspects, tests, and delivers electronic components. They serve a diversified customer base of OEMs, CMs, and ODMs.

### **What is Prosemi and how is it related to Fusion Worldwide?**

 Prosemi is a subsidiary of Fusion Worldwide and operates as Singapore's most extensive testing and assembly house. It offers comprehensive quality testing solutions for electronic components.

### **What accreditations does the Prosemi laboratory hold?**

 Prosemi is an ISO/IEC 17025 AS6171 accredited laboratory. They use cutting-edge technology to provide customizable solutions for the world's largest distributors and manufacturers.

### **Where is Fusion Worldwide located?**

 Founded in 2001, Fusion Worldwide is headquartered in Portsmouth, New Hampshire. The company also maintains offices and quality centers in major manufacturing centers globally.

[View full post](https://info.fusionww.com/blog/state-of-the-industry-report-2024-vol-1)

```json
{
  "@context" : "http://schema.org",
  "@type" : "BlogPosting",
  "author" : {
    "@type" : "Person",
    "name" : "Delaney McDevitt"
  },
  "dateModified" : "2026-01-06T14:44:18.599Z",
  "datePublished" : "2024-01-22T17:06:53Z",
  "headline" : "State of the Industry Report 2024 Vol 1 | Electronic Components | Fusion Worldwide",
  "image" : {
    "@type" : "ImageObject",
    "height" : 1885,
    "url" : "https://info.fusionww.com/hubfs/Insights/State%20of%20the%20Industry%20Report/State%20of%20the%20Industry%20-%20Featured%20Image%20-%20No%20Button.png",
    "width" : 2834
  },
  "mainEntityOfPage" : "https://info.fusionww.com/blog/state-of-the-industry-report-2024-vol-1",
  "publisher" : {
    "@type" : "Organization",
    "logo" : {
      "@type" : "ImageObject",
      "height" : 60,
      "url" : "/hs/hsstatic/content_shared_assets/static-1.4092/img/default-amp-logo.png",
      "width" : 60
    },
    "name" : "NEWS + INSIGHTS"
  }
}
```