PUBLISHER: Reed Electronics Research | PRODUCT CODE: 1594213
PUBLISHER: Reed Electronics Research | PRODUCT CODE: 1594213
CEE's electronics industry is focused on a small number of major global OEMs and electronic manufacturing services providers with the focus on the 3C segments. In total, the 3C segments amounted to US$37.3 billion in 2023, 65.5% of electronics equipment output. 3C production is centered on five countries with Poland, Slovakia and Turkey major centres for TV production. Production in the Czech Republic is focused on computing while Hungary is produces a combination of computing and consumer electronics related equipment.
The focus on 3C has been a key factor in the growth of electronics industry across CEE. However, with volume manufacturing in the hands of a relatively few companies the region continues to be vulnerable to the individual strategies of the company. Companies will need to balance the advantages of producing in close proximity to the European market against the advantages offered through lower costs by utilising manufacturing facilities in China and increasingly other Asian countries.
Industrial and high-end communications equipment production within the region will continue to take an increasing share of production, although in overall percentage terms it will remain low because of the dominant position held by the 3C segment. Although this will be led by foreign investment as companies look to move production from higher cost West European locations or in the case of non-European companies look to establish a low-cost manufacturing base to serve the European market, it is also an area where indigenous companies will compete.
The region is already a production base for many of the leading European Electronic Manufacturing Services (EMS) providers with the proportion of production undertaken in the region forecast to increase over the period to 2027.
Although the major players with large volume production plants will continue to dominate in value terms companies over the period there will be significant investment by medium-sized companies looking for a lower-cost European production base.
Within CEE, components account for only 12.8% of electronics output in 2023. There are several indigenous companies although they tend to be small and focused on passive components. Foreign companies have established operations in the country including Infineon Technologies and onsemi, both companies expanding their existing semiconductor facilities in the region with onsemi in June 2024 announcing plans to invest US$2 billion to expand silicon carbide wafer production at its existing operations in the country.
In 2023, Russia and Ukraine accounted for 8.8% of electronics production in the region and 22.6% of the market. At the end of 2023 electronics production in Russia and Ukraine is forecast at US$5.5 billion and compared to US$5.2 billion prior to the start of the conflict in 2021, with growth being driven by developments in Russia. In the same period the electronics market in the two countries has declined 39.8% to US$23.9 billion (2021: US$33.5 billion).
Published since 1991 the Volume 3 of the Yearbook of World Electronics Data provides:
The Yearbook is essential research providing key data for all areas of the electronics industry including:
The Yearbook of World Electronics Data series presents market and production statistics for the GLOBAL electronics industry. Available in three published volumes covering 53 countries and 13 major product groups, the yearbook is used in the formulation of business and market planning, in tracking trends based on a clear understanding of how the industry has developed historically and to provide a basis for medium and long-term forecasting.