2nd Largest Electronics Producing Region is Europe

The electronics industry is worth €1.14 trillion, compared to the car industry's €1.8 trillion. Half of the industry's production comes from Asia, and half of the industry is in the data processing and telecommunications sectors.

Europe and North America are, respectively, the second and third biggest producers of electronics equipment, together representing up to 40% of world electronics production in 2008.Component manufacturers represent 30% of the equipment value in average and sub-contract manufacturers represent approximately 20% of the electronic equipment industry in 2008. These conclusions come from a monumental study by the French analytical house DECISION, called 'World Electronics Industries 2008-13.

Forecasts from DECISION are:

That this year, the electronics market is expected to decline by up to 6.8% in 2009 for the first time since the 2001 telecom crisis That between 2008 and 2013, the electronics market will grow at 2.7% and recover its 2008 level in 2011.


For more information visit at : www.electronicsweekly.com/blogs/david-manners-semiconductor-blog/2009/06/europe-is-second-largest-elect.html