News


What to expect from the electronics industry in 2020 and beyond

February 2020 News

The last few years have been tough within the electronic industry, from Brexit to the China tariffs, to economic struggles. This year, an expected rise in electronic component sales is anticipated, along with less market volatility, so what trends can we expect to see?

Artificial Intelligence (AI) making a breakthrough

Artificial intelligence is a controversial subject. Many people are not in favour of the idea due to the perception that electronic machines will suddenly become empowered with the ability to judge right from wrong. AI could make a breakthrough in 2020 and become more socially accepted as simply machine intelligence, where it could feature in the medical, automotive and education sectors. Within the next decade, AI also looks set to have a significant impact on marketing and sales strategies, where it can be used to leverage customer information and deliver targeted messages back to them.

Multipurpose electronics in higher demand

Multipurpose electronics is the term used for electronics which has more than one purpose. In 2020, expect to see more devices emerge with multipurpose functionality designed to solve storage and efficiency issues. Products such as ‘Alexa’ have proved a success due to their ability to multitask (play music, answer questions, contact people etc.) along with their small, sleek design.

Tariff problems become more pronounced

Over the past year, the world’s two largest economies have been locked in a bitter trade battle over the tariff of goods. This has affected many companies due to increased costs and decreased profit margins. Smartphone camera sensors, glass used in liquid crystal displays and organic light-emitting diode (OLED) screens are specifically affected. Not only this, semiconductor testing and sorting equipment are also included. According to Reuters, import tariffs on multi-component semiconductors will be cut to zero. We can expect possible further tariffs on electronic goods that will have an impact on electronic companies.

Environmental priorities

Environmental impact is hugely topical at the moment, for obvious reasons. One electronics company that has taken this responsibility seriously is Panasonic, with ambitious goals in terms of energy, both efficiency and renewables, as well as on making environmentally-friendly products. Other initiatives that companies within the industry are taking include cutting back on toxic substances used in product manufacture and aggressive recycling programmes to ensure that outdated products do not end up in landfills.

For more information contact Amy Leary, eBOM.com, +44 189 261 3400, amy.leary@ebom.com, www.ebom.com




Share this article:
Share via emailShare via LinkedInPrint this page

Further reading:

From the editor's desk: Digital twins require digital threads and therein lies the rub
March 2020, Technews Publishing (SA Instrumentation & Control) , News
It’s interesting to see how the use of digital twins to drive production efficiency is maturing thanks to the cost-effective implementation technologies of the IIoT. One of the bottlenecks to wider adoption ...

Read more...
SKF launches Green Finance Framework
March 2020, SKF South Africa , News
By engaging in green financing, SKF’s funding strategy will become more aligned with the Group’s climate objectives, to reduce carbon emissions from its own manufacturing and supply chain operations, ...

Read more...
African drone business challenge finalists announced
March 2020 , News
The African Drone Forum has announced the finalists of the first African Drone Business Challenge, a business plan competition for African entrepreneurs to uncover new commercial use cases for drone applications ...

Read more...
Rockwell Automation to acquire Avnet Data Security
March 2020, Rockwell Automation , News
Rockwell Automation recently announced that it has signed an agreement to acquire privately held Avnet Data Security, an Israeli-based cybersecurity provider with over 20 years’ experience in cybersecurity ...

Read more...
Endress+Hauser Digital Solutions celebrates 20 years of innovation and automation solutions
March 2020, Endress+Hauser , News
For two decades, Endress+Hauser has given the topic of digitalisation a place you call home. Endress+Hauser Digital Solutions is responsible within the Group for everything related to digital communications ...

Read more...
Industri Tools & Equipment supplies Colliery Training College
March 2020 , News
The Colliery Training College (CTC) in Emalahleni (Witbank), has awarded Industri Tools & Equipment the 2020 contract to supply tool kits, which are used during mining and engineering related skills training. ...

Read more...
Varispeed in 2020 and beyond
March 2020, Varispeed (Div of Hudaco Trading) , News
Varispeed is a proudly South African company and is part of the JSE listed Hudaco Trading group of companies. Varispeed was founded in 1984 and is a specialist partner in electronic motor control and ...

Read more...
SEW-Eurodrive supplies copper mining project in DRC
March 2020, SEW-Eurodrive , News
SEW-Eurodrive has supplied a comprehensive drive package to a major copper-mining project in the Democratic Republic of Congo. The package comprised nine drives in total, of which the five main 500 kW ...

Read more...
Coal mine sees benefit in Trafo dry-type transformers
March 2020 , News
Trafo Power Solutions, experts in dry-type transformers, recently completed a contract as part of a significant upgrade at a Mpumalanga coal mine. This involved the design, supply and installation of ...

Read more...
Proconics backs local engineering talent at Professional Forum
March 2020 , News
South African engineers are sought after around the world and globally respected for their ‘can do’ attitude. Why then is international assistance on South African projects so frequently sought? This ...

Read more...