What is the demand for electronics and electrical engineering in Europe?
Exporters of Electronics and Electrical Engineering (E&EE) products from developing countries (DCs) will find opportunities in mature Western European markets that are characterised by their strong technological advantage and high R&D investments in automation, automotive, electronic lighting and energy application industries. The automotive, automation, lighting, medical, and energy industry are among the latest investment-rich application industries for E&EE. In the long term, DC exporters will benefit from the growing importance of Asian and other developing countries in the global production of E&EE and international trade. The near-shoring trend signals a growing importance of E&EE re-exports through trade hubs such as Germany, the Netherlands and the UK.