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Investors Increasingly Lured by the Eastern European Electronic Manufacturing Services Market's Potential Finds Frost & Sullivan - New analysis from Frost & Sullivan, InvestFrost Electronics and Security – Eastern European Electronic Manufacturing Services Outlook, reveals that this market earned revenues of $10.0 billion in 2008 and estimates this to reach $21.1 billion in 2013
Investors Increasingly Lured by the Eastern European Electronic Manufacturing Services Market's Potential Finds Frost & Sullivan

 

PRZOOM - /newswire/ - London, United Kingdom, 2009/05/05 - New analysis from Frost & Sullivan, InvestFrost Electronics and Security – Eastern European Electronic Manufacturing Services Outlook, reveals that this market earned revenues of $10.0 billion in 2008 and estimates this to reach $21.1 billion in 2013.

   
 
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Investors in electronic manufacturing services (EMS) are no longer confining themselves to Asia, as Eastern Europe – with its impressive gross domestic product (GDP) growth and low rates of inflation and population expansion – is emerging as an investor-friendly destination. The reduced working capital, immediate availability of trained staff, and the ability to offer after-sales and 'product after-care' services have further endeared Eastern Europe to potential investors.

New analysis from Frost & Sullivan (financialservices.frost.com), InvestFrost Electronics and Security – Eastern European Electronic Manufacturing Services Outlook, reveals that this market earned revenues of $10.0 billion in 2008 and estimates this to reach $21.1 billion in 2013.

Leading global manufacturers of home appliances have already established manufacturing bases in Poland, while some key EMS participants have made sizeable investments in the design services sector in the Czech Republic, and some others have established footprints in Hungary.

"The globalization of many companies is changing the face of the EMS market, which is undergoing a massive transition with the product design and development being separated from the manufacturing process," says Frost & Sullivan Financial Analyst Janani Sankaran. "The Eastern European electronics manufacturing market alone accounts for more than 50.0 percent of the overall European EMS markets and is expected to grow with a rise in the number of manufacturers in the region."

Original equipment manufacturers (OEMs) are increasingly turning their attention to smaller, emerging economies such as Romania, Bulgaria, Slovakia, Estonia, Lithuania, Belarus, and Turkey.

Although market participants have reasons to feel upbeat about their market prospects, EMS providers are faced with constant cash shortage. They have not been able to tap the Eastern European market as effectively as they have cashed in on the Western European market. Setting up an EMS facility would involve substantial investments, which, in the current economic environment, are difficult to come by.

"Companies with lesser exposure to OEMs that engage in in-sourcing activities are likely to benefit in these economic conditions," notes Sankaran. "Governments in Eastern Europe are also doing their bit to encourage investments in the region by facilitating special economic zone (SEZ) allocations to EMS companies and providing them with tax rebates to set up their units in the Eastern European region."

Apart from the governments' efforts, market participants could also consolidate with original design manufacturers (ODMs) to take advantage of the competitive market conditions.

If you are interested in a virtual brochure, which provides a brief synopsis of the research and a table of contents, then send an email to Joanna Lewandowska, Corporate Communications, at joanna.lewandowska[.]frost.com, with your full name, company name, title, telephone number, company email address, company website, city, state and country. Upon receipt of the above information, a brochure will be sent to you by email.

InvestFrost Electronics and Security – Eastern European Electronic Manufacturing Services Outlook is part of the Financial Benchmarking in the Electronics & Security Industry subscription, which also includes research services in the following markets: World biometrics market- investment analysis, World auto ID and security in financial services- investment analysis, and World video surveillance market-investment analysis. All research services included in subscriptions provide detailed market opportunities and industry trends that have been evaluated following extensive interviews with market participants.

Frost & Sullivan's Business and Financial Services group serves clients around the world in all aspects of financial analysis, market research and monitoring, due diligence, idea generation, opportunity analysis, investment valuation, and other proprietary research.

About Frost & Sullivan
Frost & Sullivan (frost.com), the Growth Partnership Company, enables clients to accelerate growth and achieve best in class positions in growth, innovation and leadership. The company's Growth Partnership Service provides the CEO and the CEO's Growth Team with disciplined research and best practice models to drive the generation, evaluation and implementation of powerful growth strategies. Frost & Sullivan leverages over 45 years of experience in partnering with Global 1000 companies, emerging businesses and the investment community from 31 offices on six continents.

GIL 2009: Europe
Frost & Sullivan has expanded its flagship Global Congress on Corporate Growth - GIL Global - into several major cities around the world including London. For the first time ever in Europe, Frost & Sullivan will be hosting the Growth, Innovation and Leadership Congress 'GIL 2009: Europe' on 19-20 May, at the Sofitel St James in London. GIL Global is the industry's only event designed to support senior executives in their efforts to achieve sustainable, top-line growth. To register, obtain a programme agenda, explore sponsorship opportunities, or attend as a member of the media for GIL 2009: Europe, please contact Joanna Lewandowska, Corporate Communications for Frost & Sullivan in Europe, at Joanna.lewandowska[.]frost.com. One-on-One interviews with Frost & Sullivan senior growth consultants are also being scheduled. For more information you can also visit frost.com/gilglobal.

InvestFrost Electronics and Security – Eastern European Electronic Manufacturing Services Outlook / N554-F1

 
 
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Investors Increasingly Lured by the Eastern European Electronic Manufacturing Services Market's Potential Finds Frost & Sullivan

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