______________________________________________________________________________________________________
Legislation
sweeping reforms to rules governing state support , as well as new policies to support clean tech manufacturing and secure raw materials supply . This could set the EU and US on course for a battle to attract global manufacturing investment , as the US has clearly set its sights on becoming an international hub to produce electric vehicles and semiconductors in particular .
Ultimately , although US Government subsidies will attract some interest and we are forecasting growth , particularly within the target sectors , it is likely many companies will continue to manufacture where it is cheap and raw materials are plentiful , with China expected to maintain its position as the factory of the world . ■
Adrian Lloyd www . interactanalysis . com
Adrian Lloyd is CEO at Interact Analysis . Adrian is a 20-plus year veteran of technology research and has pioneered many data analysis techniques that are used widely by analysts today . He brings his expertise to many technology markets from industrial automation products to semiconductors .
manufacturing-today . com 41