Electronics.ca Publications, the electronics industry market research and knowledge network, announces the availability of a new report entitled "Electronics Design and Manufacturing in Central and Eastern Europe" (Report SKU: TFI8894) which highlights prime strategies for OEMs, EMS, ODM, component suppliers, distributors, recyclers, service depots, and 3PLs in the region. The report further discusses how component companies and distributors sell to and service European companies as well as the presence and strategies of key EMS and ODM companies.
Numerous global events have pointed to manufacturing close to European customers as being a healthy alternative to earlier strategies to manufacture only in places like China. For example, fluctuation of the Euro makes manufacturing in the region more economically advantageous. There is also a growing dissatisfaction with manufacturing Europe-bound products in China.
Major ODM and EMS companies recognize the strategic imperative of selling, designing, and manufacturing in Central and Eastern Europe to serve customers in Europe, the Middle East, and Africa. Furthermore, to meet customer demands, these companies are maintaining a regional manufacturing presence, which is increasingly viewed on a broader European scale as manufacturers take advantage of lower costs in Central and Eastern Europe. Factors such as rising wages in China tip the balance for some products to in-region manufacturing when considering costs and time for logistics, managerial travel, and communications, and other factors including environmental and social responsibility and risk management.
The European Union has become the world’s largest economy and the global recovery is off to a stronger start than anticipated earlier but is proceeding at different speeds in the various regions. In most advanced economies, the recovery is expected to remain sluggish by past standards, whereas in many emerging and developing economies, activity is expected to be relatively vigorous, largely driven by buoyant internal demand.
In the period to 2014 the focus will continue to be on higher margin products in key sectors such as medical, industrial, aerospace & defense, renewable energy, high-end communications and computing. Automotive, as it recovers from the almost unprecedented decline in vehicle production, will once again be a key driver in particular in certain countries such as Germany.
Gain visibility into Electronics Design and Manufacturing in Eastern Europe with distinction. Details of the new report, table of contents and ordering information can be found on Electronics.ca Publications' website.