Six Key Trends for Electronics Manufacturers in 2022
A tumultuous two years, though incredibly disruptive, have been an unexpected spur to innovation, development and progress across a wide number of sectors. And this is something we expect to continue into 2022.
At Plexus, we keep our ear close to the ground for our customers, many in industries with highly complex products and demanding regulatory environments, so that we can best inform how to tackle business in an ever-changing world. That is why we asked experts across our global team to anticipate the key trends that they expect to see dominate 2022. They identified the following:
Supply chain pressures
In an eventful year, one of the key lessons from 2021 was of the fragility of global supply chains. From consumer items of all shapes and sizes to technical components in all sectors, rising costs and growing delays impacted business’ ability to operate efficiently, if at all. To mitigate the consequences of such issues, we expect more manufacturers to try to near-shore and localise their operations as much as possible to be closer to their customers and cut the length of their supply chains. By doing so, companies will be able to reduce their carbon footprints and increase their supply security and resilience.
Energy management is undergoing a seismic shift. As part of the sustainability conversation, individuals and organisations are becoming increasingly active in considering ways to protect and preserve our planet, and energy is often at the heart of that. As we move away from fossil fuels and towards renewable energy, the electrification of heavy equipment, transportation and innovative green-energy infrastructure is one of the key facets driving sustainability. In agriculture, construction and mining, reliability has always been a baseline, but now such sectors are seeking a new generation of innovation and durability in their connectivity.
The electrification of any part of a business, through operations or choice of suppliers, is a key weapon in the battle to reduce both carbon footprint and costs along with bolstering sustainability efforts.
The outcomes of COP26 in Glasgow may not have satisfied every participant, spectator or commentator, but there is no doubt of a renewed impetus for companies, alongside individuals and governments, to carry the mantle of sustainability. Beyond the announcements of overarching net zero targets, firms will in 2022 need to take a closer look at their operations, suppliers and even customers to ensure their running is as green as it can be, and at least as environmentally friendly as they say it is.
It is not amiss to say that sustainability needs to be at the core of everything companies are looking at from here on in.
With good reason, the world has been paying an increasing amount of attention to the progress being made in space exploration. But too little thought is given to what happens once a satellite or other piece of equipment has fulfilled its requirements and is no longer of use. Currently, such disused apparatus drifts through space. According to the European Space Agency, there are 34,000 space debris pieces larger than 10cm orbiting Earth, posing serious hazards to the safety of functioning satellites and, worse, space stations. Increased connectivity must be used to keep track of disused satellites and manage their demise, deorbiting them and pushing them to burn up on their way to reentry.
This year, more and more thought will be required into developing the technological advancements that assist transportation into space, the exploration of space and what can be done to clean up space.
A rise in tensions around the world, both on the ground and online, means advanced security technologies are playing an increasingly critical role in our lives. From cyber security and counter-terror intelligence to mass transit, aviation and border security, businesses as well as individuals rely on such products to keep us safe; to protect identities and to monitor, detect and prepare for threats against both data and infrastructure. With numerous known and unknown potential threats, 2022 will see a rise in challenges to organisations that will need addressing, whether that’s through securing your supply chain with end-to-end product development or reassessing your connectivity levels.
It has never been more important to ensure your company is protected from all eventualities in a world of increasingly sophisticated threats.
Innovation in healthcare
The pandemic has bolstered the long-term ambitions of innovation in the sector. Since the discovery of COVID-19, we’ve seen changes, disruptions – even some advances in healthcare and life sciences product development – like we’ve rarely seen before. Developers, creators and manufacturers of healthcare and life science technologies can look forward to another busy year. Key trends set to emerge include the acceleration and evolution of point-of-care diagnostic devices and a focus on rapid testing, the rebound of elective procedures as the world emerges from lockdown and the continued integration of artificial intelligence, machine learning and the Internet of Things (IoT).
The pandemic has changed the way the world perceives public health and the people employed to look after it. 2022 will just be the beginning of an exciting period for medical advancement.