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Global Hi-Tech Goods Industry Analysis - Emerging Segments such as IoT, AI, Robotics, Electric Vehicles, Battery, 3D Printing, Renewable Energy and Automation Reshuffle the Global LandscapeDUBLIN, March 22, 2024 /PRNewswire/ -- The "Global Overview of the Hi-Tech Goods Industry" report has been added to ResearchAndMarkets.com's offering. This briefing examines how the high-tech goods industry is performing globally and in the largest countries in terms of high-tech goods output. The report also provides data for production, market size, imports, exports, industry costs, industry profitability and the number of companies. The industry and market overview provide benchmarks against other countries in the region. Key Findings Transformations in the technology field remain the core disruptors in the global competitive landscape. New technologies in fields such as IoT, AI, robotics, electric vehicles, battery, 3D printing, renewable energy and automation are set to remain the focus points of investors' attention, due to substantial growth potential. Focus on semiconductor production rises In a period when consumer products will again see limited growth, global tech companies are increasingly turning to production of the most innovative and highest value-added products, such as electronic components. Governments, via direct subsidies, tax reliefs and infrastructure spending, are also trying to attract significant investment for component manufacturing around the world. Asia Pacific dominates Asia Pacific is further strengthening its position in the global hi-tech goods industry. By 2026, over three quarters of hi-tech goods turnover will be generated in the region. China's investment in semiconductor manufacturing is set to be the primary driver of Asia Pacific's growing dominnce, coupled with lower value assembly functions being transferred to other Asian countries. Global competition Intensifies Political tensions are rising around the world, and the hi-tech goods industry finds itself in the middle of the battle. China's large-scale government subsidies for the domestic semiconductor industry, speedy innovation adoption and Chinese companies' global M&A strategies are raising concerns in Western countries, which are determined to respond with protective measures. Key Topics Covered: Global overview
Leading companies
Country snapshots
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