How do you think the electronic component industry will perform in 2020?

At Mouser Electronics, we are very optimistic about future business, particularly for our industry. We are investing in a major infrastructure expansion at our global headquarters and distribution center in Texas to be ready for the future business growth. It’s a very exciting time for us.

While manufacturing slowed in 2019, the digital revolution is still driving global demand for semiconductors and electronic components. There’s 5G, artificial intelligence, Internet of Things, robotics, industrial automation and transportation — all propelling our industry to new heights. This will continue to escalate.

With the growth of IoT, there will be new technologies introduced from our manufacturers around sensor technologies; the latest in power management; and of course, advancements in the microprocessors. Automotive, factory and home automation also will continue to be emerging markets as more technologies are introduced to make factories, homes and vehicles smarter and safer.
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