Industry Analysis & Industry Trends
Electronic components are ubiquitous in modern life. A vast range of appliances, from computers and mobile phones to TVs and cars, use electronic components. They are present in infrastructure, such as traffic lights and alarm systems, and in medical equipment, industrial machinery and solar panels. Although UK companies design a considerable amount of new technology and electronic components, the United Kingdom is far from being a market leader.
Over the past five years, the Electronic Component Manufacturing industry has endured a turbulent period. The industry was heavily affected by the economic downturn and, although global demand has recently begun to recover, revenue is now forecast to decline by 3.3% in 2016-17... purchase to read more
Industry Report - Industry SWOT Analysis Chapter
The Electronic Component Manufacturing industry is in a decline phase of its life cycle, with industry value added (IVA) forecast to contract at a compound annual rate of 3% over the 10 years through 2021-22, while GDP is forecast to increase at a compound annual rate of 2.3%. Company exits or consolidation have been occurring in the United Kingdom, resulting in falling numbers of enterprises and establishments operating in the industry.
In addition, most companies in this industry spend significant amounts on research and development (R&D) to enable continued technological advancement. However, a number of significant UK semiconductor companies have chosen licensing or fabless strategies and are concentrating on chip design and marketing rather than manufacturing. The.. purchase to read more