According to Mouser key drivers for 2023, include 5G, Internet of Things (IoT), artificial intelligence, robotics and electric vehicles (EVs). These drivers, along with growing demand for applications from across the industrial, transportation, communications and data sectors, will continue to accelerate overall consumption and demand for semiconductors and electronic components.
"Supply chains continue to improve, and inventory is a crucial factor for mapping this year's growth," expressed Mark Burr-Lonnon, Senior Vice President of Global Service and EMEA and APAC Business. "Thanks to our unique business model, we are in a strong position with $1.6 billion in inventory."
With over one million parts available to sell, Mouser has continued to broaden its line card by adding more than 170 new manufacturers in the last two years.
While industry forecasts project some levelling out of the market, compared to recent years of steep growth, Mouser expects 5-10 % revenue growth in the EMEA region, not only in sales but also through product portfolio additions, facilities' expansions, and adding to their roster of 1,200 manufacturer partners.
Additionally, Mouser continues to invest in its commitment to deliver best-in-class customer service with its 10 Customer Service Centre branches across EMEA, employing more than 250 staff members.
In 2022, Mouser's EMEA market saw a 30.4% increase in sales, while total global revenue increased by 25%. Key regions include:
- 36.9% revenue growth in Germany
- 41.8% revenue growth in the United Kingdom
- 33.2% revenue growth in France
- 22% revenue growth in Italy
To accommodate growth, Mouser has greatly expanded its distribution operations, including the investment of an AutoStore, as well as the world's largest installation of 138 Vertical Lift Modules (VLM) to assist with order processing at its Global Headquarters and Distribution Centre, located in Texas, USA.
