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.