Monthly Market Insights – November Issue 2024
The Rebound Monthly Market Insights November Issue has been published. Download it now and get up to date on commodity…
At Rebound Electronics, we stand at the forefront of a transformative era, driven by the continuous evolution of electric vehicles (EVs). In an industry where technological advancement and sustainability is paramount, we’re aware we play a critical role in powering change. Rebound are expertly equipped to support the EV revolution, through quality assurance, unique sourcing abilities and a proactive approach to industry knowledge and trends.
Semiconductors are at the core of EVs, powering everything from battery management systems to advanced driver-assistance systems. In addition, they are crucial for the operation of onboard infotainment systems, providing enhanced user experiences. These components also contribute to the vehicle’s overall performance by managing motor control, which is key in determining the speed and torque of EVs.Â
The market for EV’s is booming and increased in the EU by over 60% last year. It’s no surprise then that the market for semiconductors is increasing in parallel. Specifically, the global EV semiconductor market is estimated to grow at a compound annual growth rate (CAGR) of around 32.1% from 2021 to 2026.
Our strength lies in our global reach and robust supplier network. With over 2,000 qualified suppliers, we’re uniquely positioned to meet the semiconductor needs of the EV industry. Our custom cloud-based software enhances our operational efficiency, ensuring we stay ahead in this dynamic market.
At Rebound Electronics, our commitment to quality extends beyond mere supplier vetting. We engage in a comprehensive quality assurance process, which includes rigorous testing and validation of every component we source. This meticulous approach ensures that the semiconductors we provide for electric vehicles not only meet but often exceed industry standards. Our focus on quality is matched by our commitment to innovation and staying ahead of industry trends. By actively monitoring technological advancements and market shifts, we’re able to anticipate the evolving needs of the EV sector. This proactive stance enables us to offer cutting-edge semiconductor solutions that enhance vehicle performance and efficiency, positioning our clients at the forefront of the electric mobility revolution. Our robust quality control and forward-thinking approach are vital in maintaining a resilient and reliable supply chain, essential in today’s fast-paced and ever-changing technological landscape.
In the face of the uncertain global landscape in the short to medium term, characterised by economic fluctuations and supply chain challenges, we at Rebound Electronics are uniquely equipped to navigate these complexities. Our extensive global network and sophisticated cloud-based systems enable us to swiftly adapt to changing market conditions. This agility, coupled with our deep industry knowledge, positions us to effectively manage risks and maintain a steady supply of semiconductors for the EV market, even amidst global turbulence. Our proactive approach in anticipating and addressing these uncertainties underscores our commitment to reliability and customer satisfaction, making us a resilient and trusted partner for the EV industry and beyond.
The Rebound Monthly Market Insights November Issue has been published. Download it now and get up to date on commodity…
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