The turnover in the manufacture of electronic components and boards sector in Spain saw actual values up to 2023. For 2023, the turnover in this sector stood at 2.14 billion Euros. As we enter 2024, forecasted data reveal a turnover of 2.2 billion Euros. The year-on-year forecasted variations indicate a steady upward trend: 2025 shows a 3.18% increase, 2026 a 3.08% rise, 2027 a 2.56% growth, and 2028 a 2.50% increment. The compound annual growth rate (CAGR) from 2024 to 2028 is approximately 2.83%, reflecting consistent growth in the sector.
Future trends to watch for include technological advancements driving demand for more sophisticated components, an increase in domestic and international investments, and evolving regulatory landscapes that may impact production and sales. Additionally, tracking the global semiconductor shortage can provide insights into potential disruptions or opportunities within this sector.
