In 2020, we have seen a global manufacturing decline made worse by Coronavirus-driven shutdowns. Tariffs, trade and Brexit issues continue, and geopolitical concerns remain very significant. Automotive and aerospace production have been hit hard; manufacturing is recovering, but service/travel sectors remain in major recession.
While the first half of 2020 was quite bad, conditions are now improving. On October 2, I presented a European Institute of Printed Circuits (EIPC) sponsored webinar, “Business Outlook for the Global Electronics Industry (with Emphasis on Europe).”
The attached charts from my presentation include data and other performance indicators of the European electronic supply chain.
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