This strategic analysis discusses the evolution in electronics design and the implications for partners in the global supply chain. Mega Trends are leading to rapid transitions in the electronics industry. Industry focus has shifted to smaller components and printed electronics and increasing the footprint of modular, as opposed to traditional, equipment. Technological advances in vertical markets also are leading to smart manufacturing techniques, and equipment is no longer limited to a specific footprint or product design. Survey findings offer information about future trends in electronics to 2020.
Pervasiveness of electronics in all walks of life will create additional growth opportunities for electronics supply chain partners. There will be increasing focus on value-creating and state-of-the-art technology and product line.
Key technologies such as flexible electronics, nanomaterials, intuitive consumer products, and smart materials are expected to have a significant impact on the evolution of the electronics industry landscape.
Product design will revolve around connectivity, better performance, energy efficiency, accuracy, functionality, and price.
With the creation of “smart cities,” electronics will play a pivotal role in improving quality of life, businesses, security, infrastructure management, and intelligent communication.
There will be increasing focus and support for alternative energy, including energy harvesting, energy efficiency, and renewable power sources.
The need for distinctive product differentiation, while maintaining core technology, scalability to future requirements, and increased functionality, will be the primary focus of R&D.
OEMs will increasingly rely on contract manufacturers to remain technology-driven as well as to secure a competitive edge.
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