As of 2024, Germany remains the dominant player in the European sold production of electronic integrated circuits, with a significant value of 5.8374 billion Euros. Italy follows with 2.1631 billion Euros, showing solid performance. France and Austria witnessed considerable declines with -23.01% and -22.59% respectively. Spain exhibited the most substantial year-on-year growth at 21.99%, whereas Portugal showed an impressive 92.43% increase, signaling a rapidly growing market. Conversely, Bulgaria and Slovakia saw sharp declines of -7.84% and -27.15% respectively. Countries like Sweden (67.12%) and Romania (6.35%) are also notable for their positive trends.
Future trends to watch for include:
- Continued dominance and potential incremental growth in Germany and Italy.
- Rapid advancements and investments in Spain and Portugal driving growth.
- Potential market corrections or rebounds in France and Austria.
- Ongoing fluctuations and possible emerging opportunities in smaller markets like Sweden and Romania.
Top countries in Sold Production of Electronic Integrated Circuits by Country
| # | 10 Countries | Euros | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Germany | 5,837,400,000 | 2023 | +1.56% | +5.85% | View data |
| 2 | 2 Italy | 2,163,100,000 | 2023 | +2.46% | +2.51% | View data |
| 3 | 3 France | 704,720,000 | 2023 | -7.42% | -23.01% | View data |
| 4 | 4 Romania | 634,350,000 | 2023 | +5.5% | +6.35% | View data |
| 5 | 5 Hungary | 391,240,000 | 2023 | +5.75% | +6.5% | View data |
| 6 | 6 Spain | 379,900,000 | 2023 | +16.81% | +21.99% | View data |
| 7 | 7 United Kingdom | 379,850,000 | 2023 | +1.6% | +1.71% | View data |
| 8 | 8 Austria | 191,150,000 | 2023 | +0.0082% | -22.59% | View data |
| 9 | 9 Netherlands | 156,610,000 | 2023 | +5.24% | -6.99% | View data |
| 10 | 10 Belgium | 110,950,000 | 2023 | +0.0088% | -2.54% | View data |