Hi-tech Goods

Investments into digital technologies and industry 4.0 are transforming economies and consumer behaviour. The briefing examines how digitalisation manifests in manufacturing, mobility, education and consumer lifestyles to improve business ...

The Indian hi-tech goods industry encountered strong pressure in 2020, owing to the COVID-19 pandemic, sending turnover down. Hi-tech goods makers were pressured from two sides – the demand side and the supply side. Internal demand for electronics, ...

Hi-tech goods production in Russia suffered from the negative shock caused by the COVID-19 pandemic, and posted a decline in value in 2020. The pandemic resulted in temporary factory closures, social distancing measures, reduced business and consumer...

The hi-tech goods industry entered a recession in 2020, halting its recovery from the 2016 economic crisis in Brazil. The COVID-19 pandemic was the main reason for the slump in hi-tech goods’ performance during the year, as both consumer and ...

Hi-tech goods production in Canada slumped in 2020. The COVID-19 pandemic was the main reason for the hi-tech goods turnover decline, due to lockdown measures, factory downtime and closures. Additionally, the business-to-business (B2B) demand, which ...

Growth in hi-tech goods production in the UK decelerated slightly in 2019. The industry was negatively influenced by rising uncertainty caused by the Brexit process, slowing economies in key export markets, and the US-China trade war. Both consumer ...

The hi-tech goods industry in China continued growing in 2019. Expansion was fuelled by global digitisation, resulting in strong demand for China-made electric and electronic goods. Domestically, rising Chinese disposable incomes and the country’s ...

In 2019, the US hi-tech goods industry’s growth weakened. Global markets were increasingly saturated with Asian production, which was both rapidly gaining market share and increasing price competition. In addition, due to the positive US economic ...

Growth in hi-tech goods turnover in Italy remained positive in 2019, but decelerated strongly compared to the previous year’s results. The industry was negatively affected by a significant slump in business-to-business demand, driven by lower ...

In 2019, Germany’s hi-tech goods turnover growth decelerated slightly, due to limited demand, as the consumer products segments continued to be dominated by imported products. However, the industry was supported by electronic parts production ...

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