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Asia's emerging economies enter electronic equipment prod'n

Posted: 08 May 2014 ?? ?Print Version ?Bookmark and Share

Keywords:electronics equipment? China? production?

Global electronics equipment production is slated for a 3.2 per cent CAGR by 2017, growing to $2.30 trillion from $1.96 trillion in 2012, according to Decision Etude Conseil.

The growth is said to be spurred by the rising demand for automotive, industrial, and aerospace electronicsan opportunity that will improve the position of Japan, North America, and Europe in an industry long dominated by China.

Electronic equipment production

Figure 1: Global electronic equipment production by region in 2012 (centre) and 2017 (outer). Source: Decision Etudes Conseil

By the end of the forecast period, China will still be the largest manufacturer of electronic equipment holding 36 per cent of the total global supply, but will have lost a portion of its market share.

Japan, North America, and Europe have already lost most of the world's computer, communications and consumer electronics production but the situation is now relatively stable, the report suggests. Other sectors such as strategic aerospace and military production, industrial, automotive and medical equipment production is less likely to migrate, but China will feel the pressure from emerging territories such as India, Vietnam and Malaysia.

Production growth rates

Figure 2: Electronic equipment production growth rates per year in Europe, North America and Japan. Source: Decision Etudes Conseil

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