Component Makers Sector Scorecard Q1 2024 Update - Thematic Intelligence

The component makers sector continues to struggle in the face of some significant challenges. Demand is anemic in two major areas for components: smartphones and electric vehicles (EVs). Both areas require customer investment that is not forthcoming in the face of a credit crunch caused by interest rate rises. Marginal upgrades for mobile phones and EVs that are too expensive for most means limited demand. There is light at the end of the tunnel in the industrial sector, where demand is relatively robust. The industrial equipment sector’s growth reflects increasing demand for automation and rising industrialization in the developing world.

The thematic screen of the publisher's component makers sector scorecard continues to be led by China’s BYD, but this quarter’s update sees a rise in position to number two for South Korea’s LG Energy Solution, with Japan’s Murata now in third place. All three companies benefit from strong scores in artificial intelligence (AI), which has a 15% weighting on the thematic screen, while two of the top three companies, BYD and LG, score 5 out of 5 for the batteries theme. CATL and Umicore also score 5 out of 5 in the batteries theme.

Scope

This sector scorecard provides a top-down, comprehensive outlook for the key players in the component makers sector over the next two years, based on the key themes set to transform their industry landscape.

Reasons to Buy

• Companies that invest in the right themes become success stories. Those that miss the important themes in their industry end up as failures.
• The thematic research ecosystem is a single, integrated global research platform that provides an easy-to-use framework for tracking all themes across all companies in all sectors. It has a proven track record of identifying the important themes early, enabling companies to make the right investments ahead of the competition, and secure that all-important competitive advantage.
• The publisher has developed a unique thematic methodology for ranking all major companies in all major sectors based on their relative strength in the big themes that are impacting their industries.

Our thematic engine tags over 180 million data items across six alternative data sets-patents, jobs, deals, filings, social media, and news-to themes. The vast datasets within our thematic engine help our analysts to produce sector scorecards that identify the companies best placed to succeed in a future filled with multiple disruptive threats.