Georg Steinberger, DMASS; chairman, commented: "Although 16% sounds like a healthy increase, we have to keep in mind that not all of it comes from higher demand or organic growth, but from financial effects. We will see this effect weaken over the course of the year. Halfway through 2015, it seems clear that European distribution will enjoy a double-digit growth across the entire year, provided no massive macro effect will drive the second half into the corner. It remains to be seen how the European export is affected by the weakening of the Chinese expansion."
All major regions saw consumption increase, although sales in Germany were behind the average and Russian consumption shrank. In the UK, sales grew by 17% to €153m.
DMASS said there was a clear trend towards more complex components, with lower growth in demand for many commodity products. Amongst the product sectors, programmable logic sales grew by 26% to €150m, demand for memories rose by 16.3% to €143m, while analogue sales were said to be 15.3% up at €543m.
Meanwhile, DMASS says it has started to collect data on sales of passive and electromechanical components, as well as power supplies, but warns it may be some time before the information is published.