The future of the electronics manufacturing industry

| December 16, 2018

It might be a slow and steady rise to prominence for other industries, but technology electronics manufacturing is on a constant upward trajectory. Quite simply, technology is the way of the future, and ever since its explosive growth after WW2, electronics manufacturing has been in high demand. And that’s an understatement.

However, that doesn’t mean that the industry is not changing in the face of fluctuating trends and higher manufacturing standards. Here are the ways in which the electronics manufacturing industry will have to adapt in the years to come.

The industry is going green

Environmentalism has become a hot topic in the modern world, and it has become a pressing matter that businesses, residents, and governments are starting to take seriously. So seriously in fact, that the pressure amounts for the alteration and adaptation of manufacturing processes in all industries in order to aid the preservation of the environment, as well as the conservation of precious resources.

As the ominous climate change statistics continue to predict a grim future for Earth, EMS businesses are investing in contemporary, eco-friendly manufacturing methods that consume less energy and other resources. Obtaining the necessary ISO certifications that will showcase the company’s eco-friendliness is, therefore, a sound business move for all EMS brands.

Energy efficiency is becoming standard

Energy conservation is not just a necessity in the manufacturing realm, it is also a necessity for the bottom line, the end user who demands of their contemporary device to consume as little energy as possible while delivering on the promises of the manufacturer. This increasing pressure coming in from the consumer market is “forcing” manufacturers to adapt their entire operations and devise new, energy-efficient manufacturing methods.

Smart electronics are in high demand

Smart electronics have been around for quite some time, yet their popularity only continues to soar in the face of increased demand for global connectivity, improved technology in the civilian and governmental sectors, as well as the demand of businesses from every niche to offer the latest products to their customers. This seemingly never-ending upward trend has prompted manufacturers to concentrate on innovation in design, performance, and versatility, especially when it comes to information and communication technologies, or ICT for short.

Reliable companies in the industry with a proven track record are now evolving to meet new consumer demands, one of which is innovative ICT product development that aims to improve the manufacturing process in every way. From innovative design to complete product lifecycle support, all the way to end of life and seamless component integration, the modern EMS must keep up with the times and the ever-increasing demands of the market.

The emphasis is on strategic partnerships

It’s a competitive, ever-changing world out there, and technology equipment manufacturers can either struggle alone, or thrive under the wings of long-term strategic partnerships. Realistically, there is no reason why OEMs shouldn’t partner up with EMS brands in order to outsource design and development processes to experienced companies in the industry.

It makes sense from a manufacturing standpoint, and more importantly, it makes sense from a financial point of view. This way, technology equipment manufacturers can seamlessly reduce costs while EMS brands can expand their business and expertise, thus offer new services and products to the end user. This partnership trend aims to benefit all parties, and create a more stable growth environment for the industry as a whole.

It seems that every business in the industry needs to change with the times and drive innovation across the board in order to stay relevant in the competitive market. Let these trends influence your growth strategy and help you adapt your operation for a successful future.

 

SHARE WITH:
Keith Coppersmith

Keith Coppersmith is an Adelaide based business consultant with a degree in Media Management. With experience in numerous small businesses and startups, he enjoys giving advice on all things marketing.