Avnet, Inc. - Common Stock (AVT)

Competitors to Avnet, Inc. - Common Stock (AVT)

Arrow Electronics, Inc. 

Arrow Electronics, similar to Avnet, operates in the global distribution and supply chain services for electronic components. Both companies offer a wide range of electronic components and enterprise computing products. They compete by providing specialized services such as logistics, design engineering, and integration solutions. Arrow's strength lies in its extensive global footprint and robust supply chain network, which allows it to deliver faster and more reliably compared to Avnet, giving it a slight competitive edge in terms of operational efficiency.

Multi-Channel Distribution, Inc.

Multi-Channel Distribution operates in a similar niche to Avnet by offering electronic components and distribution services. However, they focus heavily on niche markets and specialized product lines, which differentiates them from Avnet's broader approach. They compete by providing tailored solutions and superior customer service to specific industries, gaining loyalty and a strong reputation among targeted clientele. While smaller, their specific focus gives them competitive advantages in certain areas.

Sierra Circuits

Sierra Circuits competes in the PCB manufacturing and electronic components segment, which overlaps with Avnet's offerings. While Avnet provides a wide range of electronic components and supply chain services, Sierra is known for rapid prototyping and PCB manufacturing, targeting customers in need of quick turnaround times and specialized tasks. Sierra's focus on quick delivery and customization offers a competitive edge in rapid production environments, although its scale is much smaller than Avnet's.

Tech Data Corporation

Tech Data Corporation competes with Avnet in the technology distribution space, offering a comprehensive range of products and services to resellers, VARs, and other channel partners. The competition between the two companies is intense, especially in the areas of cloud solutions, cybersecurity, and IoT developments. Tech Data's strategic alliance with major tech firms for cloud distribution provides them with a competitive advantage, allowing them to deliver value-added services that cater to emerging technology trends better than Avnet.