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Electro Industry

Electro Industry

Electrical Engineering and Electronics is a fast-growing sector due to digitisation and miniaturisation. It is the second-largest sector of the Czech economy with a more than 13% share in overall manufacturing output. Over 15,000 companies employ nearly 150,000 workers with a mix of skills. Turnover reached USD 27.2 billion in 2016. R&D centres dealing with electrical engineering and electronics are gaining importance and form a foundation for high value added in the future.

(Source: Panorama of the Manufacturing Industry 2016, Ministry of Industry and Trade, Czech Statistical Office, 2017)

The consumer electronics segment is represented by Panasonic, the largest flat-panel television manufacturer in the Czech Republic, which produces state-of-the-art TV receivers enabling not only traditional means of the media consumption, but also consumption of on-demand services. Tymphany is the global leader in the design and manufacture of audio systems, producing unique audio products and operating a research and development division in the Ostrava region. Other companies, such as ABB and ON Semiconductor, offer good examples of how local know-how in specific fields can be utilised in high-tech manufacturing and R&D activities.

The automotive electronics subsector includes companies such as Siemens, Bosch, Daikin, Continental, TE connectivity and Kostal that heavily utilise their proximity to car manufacturing facilities in the Czech Republic and well-educated and cost-effective local engineers. The Brno-based companies Termo Fisher Scientific, Tescan Orsay Holding and Delong Instruments are examples of top companies in the field of cutting-edge electron microscopy and conduct research and development activities with global impact.

Some challenges in electrical engineering and electronics subsectors:

  • automotive: electric and autonomous vehicles
  • building: efficient lighting (LED)
  • communication: 5th generation network (5G), Internet of Things (IoT), cloud-based services, big data analytics
  • industrial production: automated systems (robotics and cybernetics, machine learning systems, Industry 4.0), artificial intelligence systems, 3D printing
  • healthcare: e-health services, electronics for scanning systems
  • imaging industry: ultra-high-definition displays with new features like high dynamic range, environmental understanding cameras, immersive technology, virtual reality, augmented reality and mixed reality
  • environmental and municipal: smart cities technologies
  • security: cyber security, security systems for communications
  • military technology: communication, navigation systems, electronic anti-terrorism systems
  • special electronics: surveillance systems, bug detectors, drone detectors, jamming systems
  • power engineering: environmentally friendly electrical power systems
  • transportation: usage of drones
Reason to invest:
  • manufacturing is the second largest sector of the Czech economy
  • every third electron microscope in the world is produced in the Czech Republic
  • labour productivity in the electrical engineering and electronics sector has grown by almost 100% in the past eight years
  • strong potential for R&D activities with significant governmental support
(Source: Panorama of the Manufacturing Industry 2016, Ministry of Industry and Trade, Czech Statistical Office, 2017)

 

Foreign Investors and Key Players in the Czech Republic

Foreign Investors and Key Players in the Czech Republic Source: CzechInvest, 2017
Petr VítekBusiness Development Manager for Electrical Engineering and Electronics+420 296 342 728, +420 601 575 673Petr.Vitek@czechinvest.org