Smart Buildings

An Unfortunate Supply Chain of Events

“The global electronics and semiconductor industries are currently suffering the most serious disruptions to supply chain operations in living memory. Supply chain issues have been driven by a series of interrelated trends that have served to complicate, compound, and increase both the scale and impact of the challenge,” reads our latest research study. “These issues have highlighted inherent weaknesses in global supply chain operations and we’ve seen price rises for key components as well as steep increases in vendor lead times for many goods, which together have placed inflationary pressures on all electronics markets.” Trends impacting the smart building supply chain include the pandemic and lockdowns, labor shortages, the rise of remote work, increasing automotive industry demand, trade tensions, and the war in Ukraine. These pressures influence the supply of cases, cables, lenses, and packaging, as well as other materials and components that are essential to BIoT markets. The pressure on semiconductor production in particular is both […]

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