Key Market Indicators
Norwegian electronics revenue is projected to reach €2.35 billion by 2028, a modest increase from €2.29 billion in 2023. This growth represents an average annual increase of 0.4%. Since 2012, the Norwegian market has experienced an average annual growth rate of 3.7%, reflecting sustained demand in the sector. In 2023, Norway secured the 21st position in the global ranking for electronics revenue. Bulgaria, with earnings matching Norway's €2.29 billion, overtook it in the rankings. In the broader European context, Italy, France, and Poland ranked second, third, and fourth respectively in electronics revenue for 2023, illustrating their strong market positions in the industry.
