📊Executive Summary

The Sourcengine Q3 2023 Lead Time Report highlights significant trends in the electronics component market, particularly regarding lead times and pricing. In Q3 2023, sanctions between the U.S. and China are exacerbating raw material shortages, particularly affecting passive components. While excess inventory in semiconductors is leading to reduced lead times, specific products like MLCCs are still facing shortages. The report indicates that suppliers are likely to increase prices in Q4 due to ongoing supply constraints. Additionally, geopolitical tensions, particularly China's restrictions on gallium and germanium exports, could further complicate the supply chain. Overall, while some segments are stabilizing, challenges remain, particularly for passive components....