From 2013 to 2023, the production value of electronic components and electronic boards in Germany has fluctuated, peaking in 2019 at 21.54 billion euros. A significant drop was observed in 2021, leading to a variable but generally downward trend, concluding at 17.2 billion euros in 2023. The annual variations revealed some notable changes, like a decline in 2021, followed by minor decreases in 2022 and 2023. From 2024 onward, forecasted data indicates a continued steady decline, with an average annual decrease of 0.75% projected until 2028.
Future trends to watch for:
- Potential impacts of emerging technologies
- Global supply chain disruptions
- Shifts in demand for electronic components driven by advancements in automotive, IoT, and renewable energy sectors