The sector is engaged in cutting-edge research with the engineering departments of Welsh universities.  Our particular strengths in Wales include automotive, aerospace and electronics.

Typically a company in this sector would utilise materials and their associated process technologies, with the potential to be exploited in high value products. They might also have manufacturing capability in areas such as composite products, green enabled technology and Research and Development (supported by a strong research base).

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The Creative sector is Wales is large and diverse, with a predominance of SME and micro organisations. Rapid changes to products, services and business models have been brought about by digital technologies, and the creative industries have the ability to exploit IP which creates wealth generation for the Welsh economy.

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Organisations within the sector would design and/or manufacture products with a high electronics and/or software content or form part of the supply chain (including secure systems). They might also gather, store, recover, maintain, manage, transmit, process, interpret, present and protect (in house and in transit) information.

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Groundbreaking research into hydrogen technologies has recently led to South Wales being designated as the UK’s Low Carbon Economic Area (LCEA) for alternative transport fuels.

Organisations in the sector would be actively engaged in manufacture, generation, support and or servicing of:

• Low carbon energy
• Energy management efficiency
• Energy Infrastructure
• Pollution control
• Environmental management
• Low carbon and energy innovation and consultancy

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In Wales, the sector has firm foundations within and links to universities, and we can rightly claim areas of world-class performance.

Global trends have always played an important role in determining the sector’s development, and changes in approaches to health care, demographics and technological advances are some of the many significant factors that make it difficult to predict how the sector will look in the future. Specific strengths in Wales include wound healing, medical devices and technology, diagnostics and clinical trials.

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There are significant opportunities for further growth in this area as the restructuring of the UK banking industry takes place.  Increased outsourcing of HR, legal and other corporate services has created new opportunities in professional services. 

Organisations in this sector would be engaged in delivery of retail banking insurance, asset management, funds management or pensions; or outsourced professional services such as HR and legal advice. These businesses would offer high value employment opportunities.

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