Yearbook of World Electronics Data. Volume 1: West Europe
ELECTRONICS.CA PUBLICATIONS, the electronics industry market research
and knowledge network, announces the availability of a new report
entitled "Yearbook of World Electronics Data. Volume 1: West Europe".
Following
the sharp downturn in the European and global electronics industry at
the end of 2008 and in the first half of 2009 the market has recovered.
Led initially by the emerging markets, the recovery has gained momentum
with the industry showing strong growth in all regions. However, in the
final months of 2010 there were signs that growth was slowing and the
outlook for 2011/2012 will now depend on a sustained growth in both the
European and global economy.
In Western Europe, the electronics
industry has virtually completed the transformation from high-volume to
shorter run production. In the future emphasis will be on areas where
Europe has strong global position such as industrial, medical, high-end
communications and automotive.
Since peaking in 2000, electronics
output in the UK has declined sharply falling by an estimated 63% in
the period to 2009. The country is being badly affected by the migration
of production to low cost countries. The industry is heavily orientated
towards the production of professional electronic equipment, which
accounted for 79% of the industry's output in 2009. The computer segment
accounted for 8.2% of the total in 2009 and declined by 27.3% this
after a modest increase of 0.1% in the previous year. Production is
forecast to decline by a further 8% in both 2010 and 2011, when
computing will account for only 6.6% of overall output (2000: 31%).
Italy
continues to be Europe's fourth largest electronics market behind
Germany, France and the UK. In 2008, the country replaced Ireland as the
fourth largest producer. However, since the peak in 2000, production
has declined year on year apart from 2005 when the country posted modest
growth of 0.6%. In 2008, output fell by 5.3% and by an estimated 12.0%
in 2009. In 2010, electronics production is forecast to increase by
3.5%. At 22.2%, the control and instrumentation sector accounted for the
largest proportion of output in 2009.
Output for the French
electronics industry fell by 12.6% in 2009 and followed a decline of
7.3% in the prior year. Since the peak of 2000, output for the French
electronics industry has fallen by 52% as a result of the migration of
production to low cost locations in the computing, communications and
consumer segments. In 2011, output will remain positive at 1.3% but will
be impacted by the introduction of fiscal consolidation across Europe
and in other developed markets.
The Finnish electronics industry
is dominated by the communications sector. The country is a global
leader in both fixed and wireless products. Together, the two product
groups accounted for 71% of output in 2009. In contrast, computer
products accounted for just 3.3% of production in 2009. The combination
of an increasing proportion of mobile phone and network infrastructure
production being undertaken offshore and the global downturn saw output
decline by an estimated 42% in 2009 with further declines of 5% and 4%
in 2010 and 2011, respectively.
Danish electronics output
declined by 18% in 2009 and followed a decline of 2.7% in the prior
year. Control, test and measuring equipment accounted for 31.7% of total
production in 2009 and represented the largest sector in the Danish
electronics industry. Production fell by an estimated 18.1% in 2009 as a
result of the global downturn but has since recovered with forecasted
growth of 5% in 2010 and although growth will ease in 2011 output is
still expected to rise by 3.0%.
Germany is Europe's largest
electronics producing nation and is generally diversified in the range
of products it has to offer. Most sectors contribute extensively to the
domestic market, as well as individual segments claiming sizeable shares
of the world market. Control and instrumentation is the largest sector,
accounting for around 30% of German production in 2008 with computer
equipment accounting for 12%, radio communications equipment 5.8%,
telecommunications 4.9% and medical 7.6%. Components accounted for 33.5%
of the total. In 2009, electronics production declined by a more than
anticipated 19.5%. Production in 2010 rebounded on the back of strong
growth in exports and a better than expected domestic economy.
After
increasing by a modest 2.1% in 2007, electronics output declined by
5.1% in 2008 in Austria as the global downturn impacted production in
the final months of the year. Although there were signs of recovery in
the later part of 2009, the sharp downturn in the first six months of
the year resulted in electronics output declining by 11.3% for the year
as a whole. Production increased by an estimated 7.2% in 2010 as the
global economy recovered but will ease to 1.6% in 2011.
Details
of the new report, table of contents and ordering information can be
found on Electronics.ca Publications' web site. View the report:
Yearbook of World Electronics Data. Volume 1: West Europe