2023 as a trend reversal in electronics production
The electronics industry agrees: in these times, flexibility is crucial. This is because the geopolitical situation, challenges in energy supply and materials procurement, and the shortage of skilled workers are having a noticeable impact on electrical production.
Despite planning uncertainties, the electronics industry is currently in greater demand than almost any other sector and is clearly shaping the trend markets. The demand for electronics is constant, the order situation good and production continuous. Thus, SMT is also expected to have a strong year for SMT.
However, experts also predict a trend reversal for the SMT in Europe due to the current crises – the trend is toward “reshoring”, the relocation of production sites. The pandemic already showed the dependency on supply chains, and so now, with the help of automation and digitalization, there is an increased focus on local production, also for the benefit of climate targets. In addition, rising costs in emerging markets are countered by issues of quality and production conditions. The alternative is: technologies with sustainable value instead of producing at the lowest price.
Photocad is well prepared for this trend. Because with automated, digitally embossed and climate-neutral production and sales via a certified online store, we are already setting standards for the shortest “time-to-production” of high-precision SMT, made in Germany.