Electronics Market Outlook 2024 - 2028

Daily Updated Industry Statistics and Top Emerging Trends about the Electronics Industry

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.

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Top 10 countries

In 2024 major markets in the Electronics Industry were:

Electronics Market Data and Forecasts

How much the Electronics industry is expected to grow to 2028?

Forecast: European Electrical Equipment and Electronics Turnover
Forecast: Electrical Equipment and Electronics Turnover in Germany
Forecast: Electrical Equipment and Electronics Turnover in Italy
Forecast: Electrical Equipment and Electronics Turnover in France
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What are the world's biggest Electronics markets?

European Export of Smart Cards by Country
European Import of Smart Cards by Country
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Global Electronics Statistics

Global Electronics Industry Database