New Report Examines Opportunities and Risks in Latin American Electronics Industry
New Report Examines Opportunities and Risks in Latin American Electronics Industry
Latin America is showing a new resilience and faster economic growth, which may make it an attractive region for investment, according to Latin America: Regional Outlook for the Electronics Industry, a new report published by IPC—Association Connecting Electronics Industries.
“The Latin American region has received significant attention in the last few years as a potential growth area for the electronics industry,” says Sree Bhagwat, IPC market research manager. “This report not only provides insight into the economy and prominent industry sectors, it also examines political, economic, and business risks companies need to understand as they consider pursuing opportunities in the region.”
The report focuses on the region’s eight largest markets — Brazil, Mexico, Argentina, Chile, Colombia, Venezuela, Peru, and Ecuador — which comprise 78% of Latin America’s gross domestic product (GDP) and 70% of the region’s population.
According to the report, OEMs have stepped up their investments and operations in Latin America, most notably in the automotive industry, and manufacturing production is poised for solid growth in 2013. In addition, multinational corporations in Latin America are diversifying their investments from assembly production into research and development, aiming to gain a firm foothold in the market. The region’s consumer markets are also expanding, driven by strengthening currencies, advanced credit, and improved credit conditions.
Information in the report is based on carefully vetted secondary sources, including research organizations, governmental agencies, and trade associations. It is 44 pages long and includes data on economic indicators, forecasts for 2013, expert commentary, and illustrative charts and graphs. IPC members may purchase the report for $475; the standard industry price is $950.
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