Manufacturing – Page 2

The Zacks Manufacturing – Electronics industry seems to be benefiting from higher economic activities, product innovation and growth in the e-commerce business. The industry is expected to continue progressing on strong domestic orders and higher export orders for electronics products.

The growing adoption of advanced manufacturing technologies and processes bodes well for the industry participants. Emerson Electric Co. EMR, Regal Rexnord Corporation RRX, Zurn Water Solutions Corporation ZWS and Franklin Electric Co., Inc. FELE are a few industry participants that might capitalize on the prevalent opportunities. Supply-chain issues, inflation in raw materials and labor issues weigh on the companies.

About the Industry

The Zacks Manufacturing-Electronics industry comprises companies that manufacture electronic products like battery charges, battery accessories, outdoor cabinet enclosures, power transmission products, electrical motion controls and motive power devices. Some industry players also provide water-treatment products, engineered flow components, process equipment and turn-key systems. In addition, the firms offer state-of-the-art customer support and after-market services to the end users. These companies are increasing investments for developing innovative technologies, boosting customer and employee experience as well as supply-chain modernization programs. The manufacturing electronics companies sell products and services in various end markets, including robotics, semiconductor, defense, aerospace, medical equipment and satellite communications.

Trends Shaping the Future of Manufacturing Electronics Industry

Strong Domestic Orders & Export Demand: The industry has been gaining from the consistent rise in manufacturing activities, with strong growth in domestic and international orders for electronic products. The ISM’s manufacturing index registered 58.6% in February, indicating expansion of the U.S. manufacturing activity for the 21st month in a row. Also, the metric came higher than the reading of 57.6% in January. The PMI reading above 50 underlines the expansion of manufacturing activities. In February, new orders registered 61.7%, higher than 57.9% in the previous month. Also, new export orders rose to 57.1% from 53.7% in the previous month. ISM’s measure of production in February was 58.5%, marking growth for the 21st successive month. This highlights the trend of healthy economic activities in the sector as companies are scaling up production with bulk orders. A surge in the e-commerce business, particularly amid the COVID-19 pandemic, has also proved beneficial.

Strength in the Electronics Services Market: The electronics manufacturers have been gaining from higher adoption of the advanced manufacturing technologies and processes by original equipment manufacturers. An increase in the requirement for integrating advanced electronic components into electronic devices has supported the electronics manufacturing services market. Also, few industry players with significant exposure to the booming medical and life science markets are witnessing strength across their businesses owing to robust demand for their products and solutions.

Technological Advancement Benefits: With the gradual development of business models and cutting-edge technologies, several industry players have been banking on digitizing their business operations for a while now. Digitization has been enabling several manufacturers to gain detailed insight into their operational performance, demand cycles, supply-chain issues, and delivery status. This is enabling them to bolster their competitiveness in the market with

U.S. circuit board sector is in even worse hassle than semiconductors, with possibly dire implications

BANNOCKBURN, Sick., United states, Jan. 25, 2022 (World NEWSWIRE) — The United States has dropped its historic dominance in a foundational space of electronics technology – printed circuit boards (PCBs) – and the deficiency of any substantial U.S. Authorities aid for the sector is leaving the nation’s economic climate and nationwide protection dangerously reliant on overseas suppliers.

These are between the conclusions of a new report printed by IPC, the world affiliation of electronics producers, which outlines measures that the U.S. Government and the market itself ought to just take if it is to survive in the United States.

The report, written by business veteran Joe O’Neil less than IPC’s Considered Leaders Application, was prompted in portion by the Senate-handed U.S. Innovation and Competitiveness Act (USICA) and equivalent laws becoming geared up in the Dwelling. O’Neil writes that for any these kinds of actions to achieve their stated goals, Congress should be certain that printed circuit boards (PCBs) and related technologies are protected by it. Otherwise, the United States will become more and more not able to manufacture the slicing-edge electronics techniques it layouts.

“The PCB fabrication sector in the United States is in worse problems than the semiconductor sector, and it is time for both equally sector and governing administration to make some sizeable changes to address that,” writes O’Neil, the principal of OAA Ventures in San Jose, California. “Otherwise, the PCB sector might quickly encounter extinction in the United States, placing America’s foreseeable future at danger.”

Given that 2000, the U.S. share of global PCB generation has fallen from more than 30% to just 4%, with China now dominating the sector at about 50%. Only 4 of the top rated 20 electronics producing expert services (EMS) corporations are based in the United States.

Any decline of accessibility to China’s PCB generation would be “catastrophic,” with personal computers, telecommunications networks, clinical devices, aerospace, cars and trucks and trucks, and other industries already dependent on non-U.S. electronics suppliers.

To repair this problem, “the market needs to intensify its concentrate on study and advancement (R&D), requirements, and automation, and the U.S. Governing administration needs to supply supportive coverage, which includes increased expense in PCB-related R&D,” O’Neil suggests. “With that interconnected, two-keep track of technique, the domestic field could get back the potential to meet up with the needs of vital industries in the coming decades.”

Provides Chris Mitchell, vice president of worldwide govt relations for IPC, “The U.S. Authorities and all stakeholders need to understand that every piece of the electronics ecosystem is vitally vital to all the other people, and they will have to all be nurtured if the government’s aim is to re-create U.S. independence and management in advanced electronics for significant apps.”

IPC’s Thought Leaders Program (TLP) faucets the information of industry experts to notify its efforts on crucial alter motorists and to offer useful insights to IPC users and

Tag: Manufacturing

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