Key Market Indicators
The revenue from electronic components in Spain is projected to climb to €2.3 billion by 2028, up from €1.6 billion in 2023. This represents an average annual growth rate of 5.9%. Since 2013, the Spanish market has experienced a robust growth rate of 11.8% annually. In 2023, Spain secured the 8th position in the global rankings for electronic component revenue. Poland slightly edged out Spain with €1.6 billion in revenue, placing it just ahead. Leading the rankings were France, Hungary, and Austria, occupying the 2nd, 3rd, and 4th spots respectively.