About

This _connect group is managed by the ESP Community of the Knowledge Transfer Network to promote connections between the ESTnet network and the wider community of the Technology Strategy Board _connect network.
 

About the EST industry

  • There are more than 550 electronics, software and technology companies in Wales

  • With more than 24 thousand people in Wales, electronics, software and technology employs nearly twice the number in the aerospace industry and half the number in the automotive industry

  • Punches above its weight - 2% to Welsh GVA from 1.1% of 17% of Welsh listed companies

  • Nearly 30% of the Assembly's Anchor companies are from the electronics, software and technology industry

  • The industry has been in Wales for nearly 40 years

It has recognised strengths in:

  • Financial software (source: Strategic Industry Map)

  • Opto-electronics (source: BIS)

  • Access and security (source: Strategic Industry Map)

  • Manufacturing services (source: Strategic Industry Map)

  • Plastic and printed electronics (source: BIS)

  • Semiconductors (source: NMI)

Global Footprint

  • £154,667bn - the value of global IT production, including electronic equipment, components and devices and IT
  • 10% Growth in global IT production in 2010 over 2009
  • £112,740bn Value of global electronics hardware production including electronic equipment, components and devices

  • 6% or £8,962bn Forecasted growth in global IT production 2011 over 2010

  • The UK is the second biggest manufacturer of electronic equipment in Western Europe(Source: Reed Electronics Research -European Electronics Manufacturing Services Industry 2006 -2011)

Electronics contribution to the UK economy

  • 40% of Europe's independent electronic design community in the UK - by turnover and number of design houses (source: Future Horizons and EIGT)

  • 250,000 jobs and 11,000 workplaces in the UK electronics industry (source: SEMTA)

  • £23bn pa value of the UK electronics industry (source: Department for Business, Innovation and Skills

  • 4% of GDP value of UK electronics and IT services sectors (source: Department for Business, Innovation and Skills

  • 40% UK share of European semiconductor design revenue (source: BIS)

Contact details

ESTnet

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