SMT007 Magazine

SMT007-Sep2022

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Source: US Bureau of Labor Statistics, Tradingeconomics.com 0 12 6 2 JAN '22 JUL '22 JAN '23 JUL '23 INFLATION EASES Inflation slows in 2023 and 2024, settling near 2% 10 15 20 25 30 Weeks 2020 2021 2022 2017 2018 2019 SEMICONDUCTOR INVENTORY Source: Gartner Inventory levels are returning to normal SEVERE (<0.9) MODERATE (0.9–1.0) NORMAL (1.0–1.1) 10 15 20 25 30 Weeks 2020 2021 2022 2017 2018 2019 2028 USD 233 MILLION USD 140 MILLION 2021 7.6% Annual Growth Rate: 2Q22 3Q22 4Q22 3Q21 4Q21 1Q22 THE WAIT FOR CHIPS Source: Susquehana Financial Group Lead times for semiconductors fell in July GLOBAL AUTOMATION MARKET Source: Automation.com Rapid growth and adoption reduces costs

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