Key Market Indicators
Italian Electronic Component Revenue is projected to decline to €4.1 billion by 2028, down from €4.3 billion in 2023. This represents a compound annual growth rate (CAGR) decline of 0.6% year-on-year. The Italian market has been experiencing a downturn since 2013, with an average annual decrease of 1.8%. In 2023, Italy ranked fifth in the European market for electronic components. Austria, with €4.3 billion in revenue, edged out Italy in the rankings. France, Hungary, and Austria claimed the second, third, and fourth spots, respectively.
