Arrow Electronics, Inc. Common Stock (ARW)
Competitors to Arrow Electronics, Inc. Common Stock (ARW)
Avnet, Inc.
Avnet is a global distributor of electronic components and a competitor to Arrow Electronics mainly in the areas of supply chain logistics and design services. Both companies focus on delivering high-quality products and services to customers in various sectors, including automotive, industrial, and telecommunications. Avnet offers extensive design and manufacturing capabilities, often positioning itself to cater to a similar customer base as Arrow. While Arrow is recognized for its broad range of distribution and more established brand presence, Avnet often differentiates itself through specific technology partnerships and a focus on niche markets.
Digi-Key Electronics
Digi-Key Electronics is primarily an online distributor known for its vast selection of electronic components and high-speed service. While Arrow excels in large-scale distribution and supply chain solutions, Digi-Key focuses on direct sales to customers, especially in the prototyping and small-order segment. Digi-Key's extensive inventory and quick delivery times are its competitive advantages, making it appealing for engineers and small businesses. Arrow's competitive edge, however, lies in its extensive support services and comprehensive solutions for businesses at scale.
Future Electronics
Future Electronics operates as a global distributor of electronic components and competes with Arrow by focusing heavily on inventory management and customer-specific solutions. By providing advanced inventory programs and engineering services, Future aims to differentiate itself from Arrow, which offers similar services but on a larger scale. Arrow benefits from its extensive partner network and wide range of product offerings, which often gives it a competitive edge; however, Future’s tailored solutions can attract businesses looking for specific support.
TTI, Inc.
TTI, Inc. specializes in passive, connector, and electromechanical components, making it a specialized competitor of Arrow Electronics. TTI prides itself on its high service levels and specialized expertise in its product categories, often attracting customers seeking in-depth technical support. While Arrow has a more comprehensive portfolio of products across multiple technology sectors, TTI's focused approach allows it to build deep relationships with niche markets, giving it an advantage in those specific areas.
WPG Holdings
WPG Holdings is one of the largest distributors in Asia and competes with Arrow Electronics primarily in the Asian markets. WPG has developed its own logistics capabilities and has strong relationships with local manufacturers, which allows it to provide competitive pricing and localized service. Arrow's global reach and broad network give it certain advantages, but WPG's deep understanding of the regional market dynamics often allows it to compete effectively on price and customer service in Asia.