Key Market Indicators
Czech Republic's electronics market is projected to experience steady growth, with revenue expected to hit approximately €16.2 billion by 2028. This marks a rise from around €14.2 billion in 2023, reflecting an average annual growth rate of 2.2%. Historical data shows that the Czech electronics market has been on an upward trajectory since 2010, maintaining an annual growth rate of 2.2% over the years. In the 2023 ranking, the Czech Republic secured the 9th position in the European electronics market. Spain narrowly outpaced the Czech market, registering the same revenue of €14.2 billion. Italy, France, and Poland claimed the second, third, and fourth positions respectively in the rankings, underscoring their significant presence in the European electronics industry.
