The analysis of the European high-growth enterprises in electronic components and boards for 2023 indicates Italy leads with 117 enterprises, followed by Hungary with 28. In contrast, Norway and Lithuania stand at the lower end with 5. Amidst these, Portugal showcases significant growth at 5.92%, and Norway at 4.56%, while Slovakia reflects a downturn of -7.79%. Overall, Italy maintains stability with minor growth at 1.61% while the Czech Republic saw a decline.
Future trends to watch for include:
- Increased innovation and automation across countries, possibly accelerating growth rates in some less prominent regions.
- The potential for policy-driven growth across the EU, targeting increased electronic components manufacturing.
- A focus on sustainable and green technology in manufacturing, likely shaping enterprise growth dynamics.
- Digital transformation could drive demand and, consequently, enterprise growth in countries lagging behind.
Top countries in Number of High Growth Enterprises in Electronic Components and Electronic Boards by Country
| # | 9 Countries | Units (Enterprises) | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Italy | 117 | 2023 | +11.43% | +1.61% | View data |
| 2 | 2 Hungary | 28 | 2023 | +12% | +4.01% | View data |
| 3 | 3 Czech Republic | 15 | 2023 | 0% | -4.62% | View data |
| 4 | 4 Romania | 10 | 2023 | +11.11% | 0% | View data |
| 5 | 5 Slovakia | 8 | 2023 | -11.11% | -7.79% | View data |
| 6 | 6 Portugal | 8 | 2023 | 0% | +5.92% | View data |
| 7 | 7 Norway | 5 | 2023 | 0% | +4.56% | View data |
| 8 | 8 Lithuania | 5 | 2023 | 0% | -3.58% | View data |
| 9 | 9 Latvia | 3 | 2023 | +50% | View data |
