The Finnish Electronics Industry Report provides essential market intelligence for all sizes of company from small enterprises to major global groups and for financial/management consultancies, government agencies and academia requiring a reliable overview of the electronics industry in Finland.
Electronics had been one of the key drivers of the Finnish economy through the country’s leading position in the communications sector, the country once a global leader in the manufacture of both fixed and wireless products. However, the recent restructuring of the communications sector has seen a transformation in the electronics industry reducing the overall importance of the sector to the domestic economy. With both Nokia and Nokia Siemens Networks increasing the proportion of mobile phone and wireless network equipment production undertaken offshore, output has declined year on year since 2005. Between 2005 and 2011 the production of communications and radar equipment declined by 62% and following the announcements in February 2012 that Nokia would transfer the assembly of mobile phones, including smartphones, from its manufacturing sites in Finland, Hungary and Mexico to plants in Asia by the end of 2012 and in June 2012 that the company planned to close its manufacturing operations in Salo, output will show further sharp declines in both 2012 and 2013. The production of fixed communications equipment has also been impacted by the decision to move production to lower cost locations and the impact of declining infrastructure investment, output declining by an estimated 21% in 2010 and 16.6% in 2011.
This report is designed to provide the user with access to individual country data or product information. The full report will be supplied in PDF and Excel format to allow you to customise the data to meet your specific needs. The database is the leading source of “top-level” market and production data on the European and global electronics industry. It provides a quick, reliable and cost-effective assessment of the industry for individual countries or by major product group. Users requiring more extensive data requirements should refer to the full Yearbook Series, a unique reference to electronics market and production data on 51 countries worldwide.
Who will benefit
Table of Contents
Market Data and Forecasts 2012-2018
Production Data 2012-2015
Methodologies/Guide to Statistics
Control & Instrumentation
Medical & Industrial