Key Market Indicators
Hungary's electronics revenue is projected to hit €9 billion by 2028, up from approximately €7.7 billion in 2023. This represents an average annual growth rate of 2.5%. Since 2010, the Hungarian electronics market has seen a yearly increase of 5.4%. In 2023, Hungary ranked 11th in the European electronics market, with the Netherlands just ahead at around €7.7 billion. Leading the European rankings were Italy, France, and Poland, occupying the second, third, and fourth spots, respectively.