European Electronics Trends in 2024
Electronics is part of Heavy Industry and includes a number of sub-sectors such as Smart Card. You may also be interested in Manufacturing, Chemical and Automotive.
The European electronics market is projected to reach approximately €403 billion by 2028, rising from €373 billion in 2023. This growth represents an average annual increase of 1.1%. Since 2019, the market has experienced a modest year-on-year rise of 0.1%. Leading the charge in 2023 is Germany, with electronics revenue hitting around €130 billion. Trailing Germany, Italy, France, and Poland occupy the second, third, and fourth spots in the revenue ranking, respectively. Notably, Poland's market surged by 7.4% annually, while Spain faced a decline of 5.2% per year since 2019.
Top 10 countries
In 2024 major markets in the Electronics Industry were:
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- Greenhouse Gas Emissions 223 countries (Asia, Europe, Southeast Asia...)
- Internet Penetration 237 countries (Europe, Northern Europe, Western Europe...)
- Computer Export 179 countries (Asia, Europe, Southeast Asia...)
- Audio And Video Equipment Import 192 countries (Africa, Sub-Saharan Africa, Asia...)
- Computer Import 196 countries (Asia, Europe, Southeast Asia...)
- Electricity Demand 103 countries (Asia, Europe, Southeast Asia...)
- Audio And Video Equipment Export 185 countries (Asia, Latin America, Africa...)
- Computer Expenditure 94 countries (Asia, Europe, Southeast Asia...)
- Number Of Employees 207 countries (Europe, Northern Europe, Southern Europe...)
- Measuring Equipment Import 186 countries (Africa, Sub-Saharan Africa, Asia...)