INDUSTRIES
Electronic Products
We have successfully completed hundreds of different projects in the electronics industry.
Due to the dynamics of the electronics industry, technology, engineering, production and quality consultancy among our services occupy more space in this sector in comparison to our other consultancy services. In fact, our management consultancy, strategic planning and financial management consultancy also provide solid support and constitute a reliable fulcrum for companies operating in this industry in national and international competitive conditions.
The product range included and manufactured in the electrical - electronic products sector is significantly expansive. The investments made especially in the defense industry have been effective in the development of the corresponding product range. Many sub-sectors are also produced in the sector. Some of these are telecommunication devices, computers, domestic appliances, consumer electronics, professional and industrial devices and defense electronics. The development of technology and the increase in the speed of progress increase the product range produced by the sector day by day.
The global consumer electronics industry size has exceeded 750 billion USD in recent years. It is expected to grow at an annual average rate of 6.9% until 2024.
IT IS AMONG THE PREDICTIONS THAT THE SECTOR WILL REACH A VALUATION OF OVER 1 TRILLION USD IN 2024
Currently, the largest shareholder of the industry in the world has been China with a rate of 24%. The USA follows with a rate of 21% and India with a rate of 5%. Among these three markets, the country that is expected to grow the fastest until 2024 is India with an average annual growth rate of 13.6%.
Consumer electronics are examined under four headings. These are computers, in-vehicle electronics, in-home electronics and portable electronic devices. While computing accounts for 19% of the market, it is expected to grow by an average of 0.6% annually until 2024. Although in-vehicle electronics constitute 1% of the market, there are expectations of contraction in the market. Because many Original Product Manufacturers (OEMs) develop their own electronics, they eliminate third-party players. The domestic electronic products side constitutes 21% of the market. This rate is expected to grow by 8.1% annually until 2024. Finally, the domestic electronic products category has the largest share with a market share of 59%. The field of portable electronic devices is projected to grow by an average of 8.3% annually until 2024.
Electronic Products
In recent years, there has been a contraction in the domestic consumption attributable to the electrical - electronics sector in Turkey. Despite the contraction, the sector continues its export-oriented growth with exports comprising approximately 75% of its production.
It is aimed that the electrical and electronics sector will become an R&D and production base in the region in the future. Thus, it will be able to take its steps faster in order to have a say in the world market in the field of electricity and electronics.
IT IS PREDICTED THAT THE EXPORTS OF THE ELECTRICAL-ELECTRONICS SECTOR WILL BE AT LEAST 45 BILLION USD IN THE NEAR FUTURE.
