Europe Is Second Largest Electronics Producing Region.

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.

'Contrary to the last telecom crisis, the electronics industry is not at the origin of the current economic slowdown', says DECISION, 'and should therefore recover much more rapidly than it did back in 2001.'

Historically, DECISION sees the electronics industry's evolution as: 'First driven by government applications in the 60s and 70s, enterprises in the 80s and finally individuals since the 90s, the electronics industry is re-inventing itself since its origin thanks to massive R&D investment, which translates into permanent new product introduction', says the report

Futurewise, DECISION sees the industry addressing new needs such as: societal needs in energy, security or health which are relying on electronic solutions that are still to be developed, providing long-term growth perspectives for the overall industry for the next decades.'