Key Market Indicators
Estonia's revenue from electronic components is projected to decline slightly, reaching approximately €149 million by 2028. This marks a minimal decrease from the €150 million estimated for 2023, signifying an average annual drop of 0.1%. Since 2013, Estonia's electronic component market has experienced an average annual decline of 1.2%. In the 2023 rankings, Estonia placed 17th in Europe. Denmark, with an identical revenue estimate of around €150 million, edged out Estonia for the 16th spot. Leading the European market, France, Hungary, and Austria secured the second, third, and fourth positions, respectively.
