© studio 37 dreamstime.com Electronics Production | December 10, 2012
European Market for Passives 2012 and Outlook 2013
For 2013, EPCIA has now revised its forecast from 2% to minus 2%. A fundamental recovery of the Passive Components market in Europe seems currently not in sight.
EECA-EPCIA President Ralph Bronold summarizes: "The experts of EPCIA reported about a steady decrease of the European Passives market since end of 2011. The drop in market has further accelerated in the first half of 2012, mainly caused by the ongoing financial crisis in Europe. In consequence, the present market forecast for 2012 is worse compared to the initial forecast issued by EPCIA in spring 2012 (minus 1%)." "For 2013, EPCIA has now revised its forecast from 2% to minus 2%. A fundamental recovery of the Passive Components market in Europe seems currently not in sight. After a 7% increase of the European Passives market in 2011 the experts of EPCIA forecast a decrease of 6% in 2012. This resultsin a market volume of approx. 4.2 Bn. Euro overall Passive Components in 2012." "After an increase of the Capacitors market by 12% in 2011 a strong decrease by 11% in 2012 is expected. For 2013 a slight increase of 1% up to a volume of around 1.630 Mio. Euro is being projected now. The Resistors market has suffered less: in 2012 the level of 2011 will be reached again and for 2013 a slight recovery of this market, up to a volume of 744 Mio. Euro (+3%), is expected." "The combined market for Electromagnetic Components and RF-Filters was also affected negatively: the experts expect a decrease by 3% in 2012 down to a volume of 1.854 Mio. Euro after a positive development (+3%) in 2011. For 2013 a further decrease by 6% is expected." Main European market segments for Passive Components The Automotive sector is of major importance to the Passives. The European automotive market has been strong in 2011 (+13%) and even slightly better in 2012 (+14%), mainly due to the lasting success of the Germanpremium car manufacturers. The outlook for 2013 now seems significantly less optimistic (-4%) due to the slow-down of the European automotive markets. 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. 2011 ended roughly at the level of 2010 but the forecast 2012 (-20%) has - in contrary to the EPCIA April reporting - significantly worsened as a consequence of the downturn especially in the renewable energy sector. For 2013 a slight recovery of 3% is expected. In the past the global Telecom market has benefitted from the strong sales of smart phones and consequently the need for more base stations due to the increasing data traffic and the transition towards LTE (Long Term Evolution). However the European Mobile Phone and Base Station makers have lost market share. This will result in a 15% lower Passives market in 2012. The outlook for 2013 is flat. The Consumer Electronics market has improved until late summer 2010 but showed a reduction by 9% in 2011 and a further reduction by another 11% in 2012 as a consequence of the ongoing transfer of production of consumer electronics to far-east. Also here, the outlook for 2013 is flat. Overall the result for 2013 will be heavily impacted by the ongoing Euro currency crisis and the reduction of consumer confidence in Europe.
The advantage of Vantage - Garrett Wing tells the tale Nordson Asymtek's Garrett Wong gives us a rundown of the business year and also details the Vantage Advantage
Saki’s Eddie ichiyama details a very successful business year Eddie ichiyama from Saki gave us an update on how 2019 has been for the company and also shared some details on the recent expansion in the Czech Republic.
The ripple effect of Enrico Krog Iversen while being an active part in creating one of the fastest growing robotics companies in modern time might have been enough for most people, that does not seem to have slowed down a certain Danish entrepreneur.
Yamaha's Ichiro Arimoto on the business year and the company's new ventures Evertiq had the opportunity to talk to Ichiro Arimoto, General Manager of Yamaha Motor Europe, about the business year and the company's new ventures.
Sponsored content by NCAB Group Benelux B.V.Failure is not an option for a PCB More than 30% of the Gerbers NCAB Group Benelux B.V. reviews, have problems. However, the PCB are integrated in key end-user product with more and more High Tech PCB. We are here to support you on the new technologies growth to maintain a high reliability and quality. Contact us to review it together.
Mycronic, Indium forge strategic partnership Indium Corporation has announced a strategic partnership with Sweden-based Mycronic, to develop no-clean and water soluble solder pastes for jetting applications.
SCHMID delivers PlasmaLine to Hofstetter PCB SCHMID announced it has installed the company’s first PlasmaLine comprising ICP etch & sputter deposition of its Korean JV SCHMID AVACO at Hofstetter PCB AG in Switzerland.
Cobot market to reach USD 9+ billion by 2025 A new report from Tractica is forecasting continued rapid growth for the global collaborative robot (cobot) market over the next few years, reaching revenue of USD 9.7 billion by 2025.
MixComm scores USD 8+ million in series B round New Jersey-based fabless semiconductor company MixComm has secured USD 8.6 million in series B funding led by existing investor, Kairos Ventures.
Sponsored content by SourcengineComponent Aggregators vs E-Commerce Marketplaces What is the difference between electronic component aggregators and a marketplace?
67% of a buyer’s journey is now done digitally. Learn how marketplaces emerged as full-cycle procurement platforms and challenged the traditional component aggregators.
SIA elects 2020 leadership The Semiconductor Industry Association (SIA) Board of Directors has elected ON Semiconductor CEO Keith Jackson as its 2020 Chair and Qorvo CEO Robert Bruggeworth as its 2020 Vice Chair.
Si wafer shipments recede for fourth straight quarter Worldwide silicon wafer area shipments slid for the fourth consecutive quarter of 2019, according to the SEMI Silicon Manufacturers Group (SMG) in its most recent quarterly analysis of the industry.
Decline in Q4 DRAM contract prices lessens as buying momentum recovers According to the latest analysis from the DRAMeXchange research division of TrendForce, Q4 DRAM ASP is as of yet undergoing a slight QoQ decline, but this decline has shrunk down to 5%.
Technica forms growth-focused equity fund San Jose-based Technica USA has reached an agreement on an equity investment centered on future growth for the global PCB fab and assembly supplier.
Sponsored content by EsemdaContract manufacturer Esemda opens new facility in Vilnius and expands EMS The new facility has been built with reserved space for future expansions. As Esemda constantly grows, it is of great importance to be able to rapidly increase production capacity in large volumes.
IHS Markit: 5G economy in the trillions by 2035 The IHS Markit 5G Economy Study, commissioned by Qualcomm Technologies Inc., is forecasting that 5G will generate USD 13.2 trillion in sales enablement by 2035.
ZEUS Battery partnering with Kruvand Associates ZEUS Battery Products and Texas-based Kruvand Associates Inc. have come to a formal agreement on a collaboration that began in January and covers Texas, Arkansas, Oklahoma, Louisiana, New Mexico, Arizona and Mexico.
EPP with a new owner The company announces that is has found itself an ideal buyer – Photonics Systems Group – a manufacturer of micro-materials processing machines. With this takeover, PSG is strengthening is operations in the electronics industry and also laying the foundation for further growth.
Volkswagen starts pre-production e-mobility plant in China The new plant of the SAIC VOLKSWAGEN joint venture has been completed. It is purely built for the production of all electric vehicles on Volkswagen’s Modular Electric Drive Matrix (MEB).
Sponsored content by Nordson ASYMTEKStart-to-finish conformal coating with reliability and efficiency Nordson ASYMTEK’s flexible, modular, Panorama™ S-Line delivers conformal coating process control in a space-saving footprint with overlapping line processes that minimize manufacturing floor space. This innovative, patent-pending line layout trims 50% of the line’s length by using the lower compartment in each piece of equipment for functional use. Combined with Nordson ASYMTEK’s global support, this complete conformal coating line delivers quality, product reliability, efficiency, and safety for all your conformal coating applications.
Kongsberg Maritime divests KM Contros GmbH Following a strategic review, Kongsberg Maritime AS (KM) has decided to divest KM Contros GmbH (Contros) to AML Oceanographic Ltd. (AML).
SUSS MicroTec adjusts outlook for fiscal year 2019 Based on the preliminary figures for the first nine months and the updated budget figures, SUSS MicroTec is substantiating its expectations for incoming orders, sales and earnings for the current fiscal year ending December 31, 2019.
GPV's revenues soars 130% Danish EMS provider, GPV Group, announces that the company generated revenues of DKK 2.2 billion in the first nine months of 2019, a 130% year-on-year improvement driven by the acquisition of Swiss company CCS at the end of 2018.
Former GM plant now Lordstown Motors Corp. General Motors’ shuttered Lordstown plant in Ohio, which closed in March, is now in the hands of an electric truck start-up that is looking to begin production in about a year.
Chinese chip maker to U.S. firms: don’t worry On Friday, the chairman of China’s top state-run semiconductor company, Tsinghua Unigroup, had some advice for U.S. chipmakers, saying they should “relax and sleep well,” with regard to China’s semiconductor development.
POET closes the sale of DenseLight POET Technologies, the designer and developer of the POET Optical Interposer and Photonic Integrated Circuits (PICs) for the data center and tele-communication markets, has successfully closed the sale of its DenseLight subsidiary in Singapore.
HAHN Group expands its footprint in the US via acquisition Factory automation and robotics solution provider, Hahn Group, has acquired REI Automation, Inc. The takeover is effective as of 01. November 2019.Load more news