Global Electrical and Electronics Manufacturing Market Report 2019


Reading time ( words)

Global electrical and electronics manufacturing market report 2019 provides the strategists, marketers and senior management with the critical information they need to assess the global electrical and electronics manufacturing market.

Where is the largest and fastest growing market for electrical and electronics manufacturing? How does the market relate to the overall economy, demography and other similar markets? What forces will shape the market going forward? The Electrical And Electronics Manufacturing market global report answers all these questions and many more.

The electrical and electronics manufacturing market consists of sales of products that generate, distribute and use electrical power products by entities (organizations, sole traders and partnerships) that produce products that generate, distribute and use electrical power, or electronic products such as audio, video and semi-conductors.

Asia Pacific was the largest region in the global electrical and electronics manufacturing market, accounting for 41% of the market in 2018. North America was the second largest region accounting for 24% of the global electrical and electronics manufacturing market. Africa was the smallest region accounting for 2% of the market.

Use of robotics and automation was considered to be one of the latest trends in the electrical and electronics manufacturing market. Many electronic equipment companies are using robotics and automation to improve plant efficiency and productivity. Sensors are being used in various machines to access invaluable data for improving efficiencies and reduce potential breakdowns.

For instance, according to a report by Boston Consulting Group (BCG) in 2016, 1.2 million industrial robots are expected to be deployed by 2025, thus indicating a rise in automation and robotics technology adoption to improve productivity and reduce production costs.

Share

Print


Suggested Items

Recent Advances in X-ray Technology: SMTA Webinar Recap

08/12/2019 | Pete Starkey, I-Connect007
Technical Editor Pete Starkey recently attended a webinar on advances in X-ray technology and its applications in the electronics industry, as presented by Keith Bryant, Chair of SMTA Europe, on behalf of SMTA India. Here are the highlights of the webinar.

Which Matters Most: Unit Cost or Total Cost of Supply?

08/09/2019 | Neil Sharp, JJS Manufacturing
The primary objective for any OEM is to design, manufacture, and deliver high-quality products in the most cost-effective way possible. When demand patterns change, or there is an increase in competition, it can be easy to rely on the calculation of unit cost to relieve the price pressure. But, as many manufacturers are discovering, choosing to base their outsourcing decisions purely on unit cost may not always reap the expected benefits in the long term.

The Exciting Details Behind IPC’s Pledge to America’s Workers

08/07/2019 | Chris Mitchell, IPC VP, Global Government Relations
In the nine months since IPC joined in President Trump’s “Pledge to America’s Workers” and committed to creating 1 million new skilled workforce opportunities over the next five years – a fair question has been asked: Are we taking credit for actions we would have done anyway? Was this motivated by politics?



Copyright © 2019 I-Connect007. All rights reserved.