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.
Output in the Finnish electronics industry increased by 2.8% in 2017, up marginally from 2.7% in the prior year, but growth eased to an estimated 1.6% in 2018. The decision, primarily by Nokia and the former electronics manufacturing service provider Elcoteq, to transfer the production of both mobile phones and communications equipment to low cost locations resulted in output for the communications segment to fall by 91% between 2005 and 2016 from Euro 7,111 million to Euro 660 million. Production however has since stabilised and is forecast to benefit from the emergence of new products related to the Internet of Things and 5G.
The changes in the structure of Finland’s communications sector has seen its share of overall electronics production from 78.5% in 2005 to an estimated 29% in 2017. Production of control and instrumentation increased by 4.2% in 2017 and is forecast to increase by a further 4.2% in 2018 before easing to 2.5% in 2019 as exports weaken in-line with the slowing global economy. Medical, which accounted for 20.6% of electronics output in 2017, posted growth of 1.3% during the year but on the back of weaker exports is forecast to decline by around 2.0% in both 2018 and 2019.
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 customize 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.
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Table of Contents
Market Data and Forecasts 2016-2022
Production Data 2016-2019
Methodologies/Guide to Statistics
Control & Instrumentation
Medical & Industrial
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