Electronics Production | June 08, 2012
European Market for Passives 2011 and Outlook 2012
It is difficult to forecast to what extent the financial and political problems throughout the world will impact the further development of the European Passive Components market. The standard lead-times, reported by the EPCIA members, are mostly back to normal.
Ralph Bronold, President of EECA-EPCIA, commented: ”After an exceptional increase by 46% and a full recovery of the European Passives market in 2010 and a further growth by 7% in 2011 the experts of EPCIA forecast a decrease by 1% in 2012. This yields in a market volume of approx. 4.5 Bn. Euro overall Passive Components in 2012. After a tremendous increase of the Capacitors market by 64% in 2010 there was a further growth by 12% in 2011. As a consequence of the current economical situation but also due to the high inventory levels in the industry a 5% drop is forecasted for 2012, down to a turnover of around 1720 Mio. Euro. The Resistors market has improved strongly by 47% in 2010 and a further 2% in 2011, up to 730 Mio. Euro. In 2012 a slight increase by 2% is expected. The combined market for Electromagnetic Components and RF-Filters has increased by 5% in 2011 after an exceptional growth of 43% in 2010. For 2012 a further growth of 3% is expected." It is difficult to forecast to what extent the financial and political problems throughout the world will impact the further development of the European Passive Components market. The standard lead-times, reported by the EPCIA members, are mostly back to normal. However some companies see an increasing level of short-term orders, especially from automotive and industrial customers. Some members are worried that because of the higher demand foreseen in the second half of 2012 the market may get tight again and short term orders then can not be satisfied. Main European market segments for Passive Components The Automotive sector is still of major importance for Passives due to the ever increasing safety and comfort requirements and the new market for electric and hybrid-electric vehicles. The automotive market has been particularly strong in 2011 (+13%) due to the success of European premium car makers. The outlook for 2012 seems a little less positive according to recent signals coming from the car industry. The Industrial market is of same importance in Europe due to the strong need for energy- efficient drives, the growth of renewable energy and industry automation segments. In contrast to the first half, the second half of 2011 has developed badly (-19%), especially due to the weaker photo voltaic and wind power business. Overall 2011 ended at the same level as 2010. The outlook for 2012 has recently slightly improved, especially since the inventory level in the market has come down substantially in the recent months. The Telecom market has benefitted from the strong sales of smart phones in 2011 and the need for more base stations due to the increasing data traffic. This has resulted in a 6% growth in 2011. The Consumer Electronics market has improved until late summer 2010 but showed a reduction by 9% in 2011. Sales of Flat Panel TV did not pick up as expected and it seems that the market is getting already very saturated. For 2012 no mentionable growth, despite the Olympic Games and the European Championship in Football, is expected. Distribution reports about high inventory levels. This leads to lower order intake in the first half of 2012. Only in the second half of 2012 the distribution business might go up again in preparation of an overall increase of the business.
Big Ass Fans adds third Hentec/RPS machine Complementing the purchase of two Hentec Industries/RPS Automation Vector 300 selective soldering machines in 2018, Big Ass Fans (BAF), a high-volume, low- speed (HVLS) airflow manufacturer, has just added a third machine to its factory in Newman Lake, Washington.
CE3 Electronics Inc. taps MIRTEC for 3D AOI technology Canada-based CE3 Electronics has purchased a MIRTEC MV-6 OMNI 3D AOI machine.
Gémosz is still looking to grow – but the pandemic brought new perspectives Winston Churchill famously said, “Never let a good crisis go to waste”. While this was said in a vastly different context than the current crisis of the COVID-19 pandemic, there is still truth to the fact that a crisis not only allows for change – but sometimes forces it.
North American PCB industry sales up 4.3% in April The IPC says that total North American PCB shipments in April 2020 were up 4.3% compared to the same month last year. Compared to the preceding month, April shipments fell 18.2%.
Volkswagen intensifies e-mobility activities in China Volkswagen has initiated the next chapter for its business in China. The automotive giant plans to increase its share in JAC Volkswagen, its joint venture for e-mobility.
GPV Selects Aegis as global smart factory partner Driven originally by accelerating customer expectations for traceability, GPV has selected Aegis’ FactoryLogix Smart digital manufacturing solution, targeting multiple values and benefits.
REDCOM EMS expands certification for medical device manufacturing New York-based REDCOM EMS has secured ISO 13485:2016 certification, complementing the company’s existing ISO 9001:2015 and AS9100D certifications.
Ozark Integrated Circuits nabs U.S. Air Force grant Arkansas-based Ozark Integrated Circuits Inc., located in the Arkansas Research and Technology Park at the University of Arkansas, has received a USD 750,000 award from the U.S. Air Force.
Norwegian EMS adds employees to Polish unit The last couple of months Norautron has welcomed three new colleagues at its office in Sdunska Wola, Poland.
Daimler’s battery production in Kamenz gradually increases production Local battery production is described as an important success factor for Mercedes-Benz AG’s electric offensive and a key element to flexibly and efficiently meet the global demand for electrified vehicles.
Tepcomp invests in new additional production line Finnish EMS provider, Tepcomp Group, has made a significant investment at its production plant in Turku. The new surface mount technology production line will significantly improve the productivity and energy efficiency of the plant.
Valoe is on schedule with both production and expected deliveries Valoe says it will start manufacturing IBC test modules in Juva, Finland in June and cell deliveries from Lithuania to customers is scheduled to start according to plan.
AMTE Power and Britishvolt sign MoU for GigaFactory AMTE Power and Britishvolt plans to investigate collaborating to build the UK’s first full cycle battery cell GigaPlant, servicing the automotive and energy storage markets.
ALLPCB’s new SMT factory has launched production On May 10 2020, ALLPCB’s new – self-operated – SMT factory in Guangde, Anhui Province, China was officially put into production.
Schweizer starts production at its new location in China Following a construction period of one and a half years, production has now started at the company’s new high-tech printed circuit board plant in Jiangsu, China.
Jenoptik supplies generators to a US customer Through its Vincorion investment, Jenoptik received a long-term order for generators that an unnamed US customer is integrating into military vehicles.
Rolls-Royce takes heavy hit from COVID-19 – reduces workforce by 9000 The impact of COVID-19 on Rolls-Royce and the whole of the aviation industry is unprecedented. RR has already taken action to strengthen the financial resilience of its business and to reduce cash expenditure in 2020. However, this will not be enough.
Data Link Solutions to provide MIDS cabinet terminals to US Navy The U.S. Navy has awarded a USD 3.2 million production contract to Data Link Solutions (DLS), a joint venture between BAE Systems and Collins Aerospace, for new Multifunctional Information Distribution System (MIDS) cabinet terminals.
Incap restarts production in India In a move to contain the COVID-19 pandemic, the government of India instructed all state governments to introduce a lockdown in March. As a consequence, Incap had to close its factory in Karnataka, India on 23 March.
NAND Flash Revenue Undergoes 8.3% QoQ Growth in 1Q20 NAND Flash bit shipment in 1Q20 was relatively on par with 4Q19, says the DRAMeXchange research division of TrendForce. The overall ASP of NAND Flash products also climbed during the period. As a result, the global NAND Flash revenue for the quarter went up by 8.3% QoQ to USD 13.6 billion.
Gorenje reduces the number of layoffs At the end of April, due to a sharp drop in orders and revenues as a result of the COVID-19 pandemic, the Hisense Europe Group launched a redundancy program in four companies in Slovenia.
NA semiconductor equipment industry posts April 2020 billings North America-based manufacturers of semiconductor equipment posted USD 2.26 billion in billings worldwide in April 2020 (three-month average basis), according to SEMI.
AWS Electronics to wear the Incap name Following the acquisition of AWS Electronics Group by Incap Corporation in January 2020, the company's units in the UK and Slovakia will now be trading as Incap Electronics UK Ltd. and Incap Electronics Slovakia s.r.o.Load more news
- COVID-19 highlights the gravity of the secondary market for SME
- Rolls-Royce takes heavy hit from COVID-19 – reduces workforce by 9000
- China falls far short of its "Made-in-China 2025" goal
- GlobalFoundries to implement ITAR at US manufacturing facility
- Data Link Solutions to provide MIDS cabinet terminals to US Navy