Belgium Electronics Industry Outlook 2024 - 2028

See how Belgium Electronics performed compared to key markets such as Germany, Italy and France.

Key Market Indicators

Belgian Electronics Revenue is projected to climb to €3.9 billion by 2028, up from €3.7 billion in 2023, according to recent forecasts. This translates to a modest compound annual growth rate (CAGR) of 0.5% year-over-year. Since 2010, the Belgian electronics market has experienced a slight decline, averaging a 1% decrease annually. In the 2023 rankings, Belgium secured the 17th spot, just behind Slovenia, which also reported €3.7 billion in revenue. Leading the rankings were Italy, France, and Poland, occupying the second, third, and fourth positions respectively.

Belgium Electronics Market Data and Forecasts

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