Embrace Industry 4.0 for cleaner, healthier lives.
Industrial electronics is a stealthy but enormously valuable business. Approaching one-quarter of all PCBs manufactured worldwide are for industrial applications, including not only equipment for use in factories but activities such as construction and power generation. In Europe, about 40% of electronic production is destined for industrial applications.
Though cost-conscious, industrial companies appreciate the importance of investing in advanced technology to secure their market position and take advantage of new opportunities. While investing is critical for survival, early adopters can gain a significant competitive edge. This is increasingly the case as the fourth industrial revolution – Industry 4.0 – continues to transform activities.
It’s good news for product innovators. Although development can be expensive and the pace fast, the value of cutting-edge industrial electronics tends to be high, and differentiating features that deliver extra value for customers can attract a premium.
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