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Mouser Electronics forecasts continued growth in 2023 for the EMEA market

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Mouser Electronics anticipates continued business growth for the EMEA market this year. With an offering of over one million parts, Mouser has the largest selection of products in the world. In addition, it has expanded its line of cards with the addition of more than 170 new manufacturers in the last two years.

Mouser anticipates that the key players of 2023, such as 5G, the Internet of Things (IoT), artificial intelligence, robotics, electric vehicles (EVs), and applications for industrial sectors, transportation , communications and data, will continue to accelerate global consumption and demand for semiconductors and electronic components.

“Supply chains continue to improve, and inventory is critical to controlling growth this year,” said Mark Burr-Lonnon, Senior Vice President of Global Service, EMEA and APAC Business. "Thanks to our unique business model, we have a strong position and $1600 billion worth of inventories."

Although industry forecasts point to some stabilization in the market compared to the rebound of the past few years, Mouser expects a good year. Revenue will increase by approximately 5-10% in the EMEA region not only in sales, but also with new additions to the product portfolio, expansion of facilities and the addition of 1200 manufacturing partners to the list. Additionally, Mouser continues to invest in its commitment to providing the best customer service with its 10 Customer Service centers throughout the EMEA region, employing more than 250 people.

In 2022, Mouser's EMEA market experienced a 30,4% increase in sales while total global revenue rose 25%. Key regions include:

  • 36,9% revenue growth in Germany.
  • 41,8% revenue growth in the UK.
  • 33,2% revenue growth in France.
  • 22% revenue growth in Italy.

In recent years, to accommodate growth, Mouser has expanded its distribution operations, including investing in an AutoStore. It has also carried out the installation of 138 vertical lift modules (VLM), the largest in the world, to simplify order processing at the headquarters and global distribution center, located in Texas (USA). ).