Country Report - Finland

Country Report - Finland
Product Code: GEPMCR2
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The decision, primarily by Nokia, to transfer the production of mobile phone and wireless and fixed communications equipment to low cost locations, has resulted in the output for the communications and radar segment falling by 93% between 2005 and 2015. In the same period, output within the telecoms segment declined by 75%. The changes in the structure of Finland’s communications sector has seen its share of overall electronics output fall from 78% in 2005 to an estimated 30% in 2015. Production of control and instrumentation increased by 3.4% in 2014 and is forecast to increase by a further 4.2% and 4.0% in 2015 and 2016, respectively on the back of stronger exports. Medical, which accounted for 19.6% of electronics output in 2014, posted growth of 3.2% and followed a double-digit decline in the prior year. The medical sector is expected to show further growth of around 2.0% in 2015 and then by 3.8% in 2016 as the sector benefits from the expected improvement in the global economy.

Table of Contents

Economic Overview
Industry Structure
Production Data 2013-2016
Market Data 2013-2019
Methodologies/Guide to Statistics

Product Coverage

Computing
Office Equipment
Control & Instrumentation
Medical & Industrial
Radio Communications
Telecommunications
Consumer
Semiconductors
Passive Components
Other Components

The Finnish Electronics Industry Report provides essential market intelligence for all sizes of company from small enterprises to major global groups and for financial/management consultancies, government agencies and academia requiring a reliable overview of the electronics industry in Finland.

Last Update: April 2016

 

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