Key Market Indicators
The British electronics market is projected to reach €14.4 billion by 2028, declining from its current revenue of €15.1 billion in 2023. This represents an annual compound growth rate (CAGR) decrease of 0.8%. Since 2011, the British electronics sector has experienced an average annual decline of 0.6%. In 2023, the United Kingdom ranked sixth globally in electronics revenue, with Switzerland surpassing it at the same €15.1 billion mark. Italy, France, and Poland held the second, third, and fourth positions respectively in this ranking, highlighting a competitive landscape in the European electronics market.