Markets and trends

Developments take place at lightning speed in the market segments where Semcon operates, which places strict demands on the expertise and services the Group provides. We have identified a number of challenges and driving forces that we are facing together with customers.  

Product development market

Increased focus on sustainable development
New technology and new demands
Increased globalisation and outsourcing
More complex products - quicker

The significance of constant product development is expected to be equally as strong in a weaker business climate as in a strong business climate. A consolidation of the market is expected to continue and Semcon’s objective is to be an active player in this development too and continue to expand its business internationally.

Semcon’s markets
The tendency in the automotive industry is towards continued increased consolidation. Fewer players are manufacturing more makes of car.

In the pharmaceutical industry demand remains strong for routines and efficiency. Product development is the core area and it’s a matter of being at the forefront in development
 and in launching new products before the competition.

The telecoms industry is also characterised by rapid shifts in technology, which places strict demands on expertise and flexibility. Relationships between players in the industry can quickly be reversed and there is a requirement for a high degree of accuracy by manufacturers and producers to retain market shares and customers.

The rapid technical developments are also clear in other manufacturing industries.