European Electronic Component Trends in 2024
Electronic Component is part of Manufacturing and includes a number of sub-sectors such as Semiconductor and Capacitor. You may also be interested in Electrical Equipment, Metal Manufacturing and Molding.
European Electronic Component Revenue is projected to climb to €60 billion by 2028, up from €52 billion in 2023, marking an average annual growth rate of 2%. This growth comes despite a slight decline in the market since 2019, with a yearly decrease of 0.4% over the past few years. In 2023, Germany led the European market in electronic component revenue, boasting €25 billion. Following Germany, France, Hungary, and Austria occupied the second, third, and fourth spots, respectively. Notably, Hungary experienced a significant surge, rising by 41.5% year on year. Conversely, Iceland's market has seen a downturn, with a 24% decrease annually since 2019. The contrasting trends in these nations highlight the varied performance across the European electronic components sector.
Top 10 countries
In 2024 major markets in the Electronic Component Industry were:
World Electronic Component Market Data and Forecasts
How much the Electronic Component industry is expected to grow to 2028?
World Electronic Component Top Rankings
Global Electronic Component Statistics
- Electronic Component Import 192 countries (Africa, Sub-Saharan Africa, Asia...)
- Electronic Component Export 188 countries (Asia, Africa, Latin America...)
- Capacitor Import 189 countries (Africa, Asia, Sub-Saharan Africa...)
- Transformer Import 190 countries (Africa, Sub-Saharan Africa, Asia...)
- Electronic Component Production 59 countries (Europe, Northern Europe, Eastern Europe...)
- Transformer Export 183 countries (Asia, Africa, Latin America...)
- Electrical Switch Import 190 countries (Africa, Sub-Saharan Africa, Latin America...)
- Capacitor Export 142 countries (Asia, Europe, Latin America...)
- Electrical Equipment Import 198 countries (Asia, Europe, Southeast Asia...)
- Electrical Switch Export 186 countries (Latin America, Africa, Sub-Saharan Africa...)