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Poland Emerges as the European R&D Hub Despite Favorable Conditions in Asia Pacific - Frost & Sullivan's Country Industry Forecast research provides a unique country-specific perspective on various industries. The valuable Country-Industry Linkage includes in-depth analyses and forecasts
Poland Emerges as the European R&D Hub Despite Favorable Conditions in Asia Pacific

 

NewswireToday - /newswire/ - Warsaw, Poland, 2007/11/21 - Frost & Sullivan's Country Industry Forecast research provides a unique country-specific perspective on various industries. The valuable Country-Industry Linkage includes in-depth analyses and forecasts.

   
 
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Despite the low labor costs, unsaturated markets, and steady economic recovery that have made the Asia Pacific region attractive for semiconductors manufacturers, Poland has emerged as the research and development (R&D) centre of Central and Eastern Europe (CEE). In setting up R&D in Poland, companies seek to lower costs, increase efficiency, improve quality, and diversify from their basic activities.

New Country Industry Forecasts from the Frost & Sullivan Economic Research and Analytics (ERA) team addressing the Polish Automation and Electronics Industry reveal that potential investors in the automation and electronics industry should seek to capitalize upon the opportunities in R&D.

If you are interested in a virtual brochure, which provides manufacturers, end users, and other industry participants with an overview of the latest political, economic, and social analysis of the Polish Automation and Electronics Industry, then send an email to Joanna Lewandowska, Corporate Communications, at Joanna.lewandowska[.]frost.com. Please, include your full name, company name, title, telephone number, email address, city, state, and country and we will send you the overview by email upon receipt of the above information.

"The automation and electronics industry is one of the leading manufacturing sectors in all industrialized and newly industrializing countries of the world," notes Frost & Sullivan Research Analyst Meera Krishnaswamy. "Due to its pervasive applicability, the industry is strongly linked to macroeconomic conditions and also considered a leading indicator of the health of an economy."

Growth and development in this industry affects other end-user industries such as consumer electronics and computers. Due to its strong linkage with the economy and other industries, trends in this industry are conscientiously tracked.

Over the years, the production base of electronic components and semiconductors sectors have shifted from the developing countries of North America and Europe to the emerging markets of Asia Pacific and Latin America to capitalize on low labor costs and other conducive market conditions.

However, Poland has the highest population of such centers among the Eastern European countries. Several multinational corporations (MNCs) have chosen Poland as a location for their R&D centers. There are 40 R&D centers belonging to foreign investors in Poland, employing over 4,500 people.

"For many companies, Poland is the obvious choice due to the availability of highly qualified labor force, presence of universities, support of authorities, the largest market in central Europe, and possibly the lowest labor costs on the continent," explains Krishnaswamy. "The biggest R&D centers are located in Warsaw, Cracow, and Wroclaw."

Most top MNCs in the industry have sales, marketing, and support centers in Poland. However, the presence of production facilities is minimal.

The number one companies in the automation and semiconductor industries, namely ABB and Intel, have chosen Poland as their R&D hub. These centers have become successful and the companies are continuing to expand their presence in the country.

The three-part series addressing the Polish Automation and Electronics Industry is part of the Frost & Sullivan Automation and Electronics GPS subscription services. The Political and Policy Analysis of the Polish Automation and Electronics Industry provides a detailed coverage of the political establishment, general economic and industry-specific policies, and their impact on the industry. The Economic Analysis provides an overview of the market size, a discussion of drivers as well as restraints, and an analysis of market structure in the context of the overall Polish economy. The Social, Infrastructure, and Labor Analysis studies the labor market dynamics, infrastructure conditions, and consumption profile of end users. Analyst interviews and briefings are available to the press.

Frost & Sullivan's Country Industry Forecast research provides a unique country-specific perspective on various industries. The valuable Country-Industry Linkage includes in-depth analyses and forecasts.

The Frost & Sullivan Economic Research and Analytics team provides research focused on timely and critical sociometric, econometric, demographic, political, and regulatory information for specific countries by industry. It produces research services, economic impact articles, and economic updates that discuss relevant and critical economic trends.

About Frost & Sullivan
Frost & Sullivan, the Growth Consulting Company, partners with clients to accelerate their growth. The company's Growth Partnership Services, Growth Consulting and Career Best Practices empower clients to create a growth focused culture that generates, evaluates and implements effective growth strategies. Frost & Sullivan employs over 45 years of experience in partnering with Global 1000 companies, emerging businesses and the investment community from more than 30 offices on six continents.

 
 
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Poland Emerges as the European R&D Hub Despite Favorable Conditions in Asia Pacific

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