Key Market Indicators
The revenue from electronic components in the Czech Republic is projected to hit €703 million by 2028, up from €663 million in 2023. This marks an average annual growth rate of 0.8%. Since 2019, the Czech market has seen a yearly increase of 2%, indicating a steady upward trend. In 2023, the Czech Republic secured the 11th position globally in terms of market size. Belgium slightly outpaced the Czech Republic in this sector, also recording €663 million in revenue. Leading the rankings were France, Hungary, and Austria, which took the second, third, and fourth spots, respectively.