Germany, with a value added of €46.91 billion in 2024, leads the European market in computer, electronic, and optical products, followed by Ireland at €13.99 billion, and France at €13.29 billion. Over the last year (2023), Germany saw a modest increase of 1.61%, Ireland robustly grew at 4.58%, and France experienced a growth of 1.91%. Conversely, the Netherlands reported a decline of 0.81%, and Finland experienced a significant dip of 4.21%. Values for other countries varied, with Spain and Finland showing declining trends, whereas Greece and Estonia's values surged by 4.79% and 3.14%, respectively.
Moving forward, attention should be given to technological advancements and investment in R&D, particularly in leading countries like Germany and Ireland. Additionally, market shifts and policy changes, such as adapting to sustainability standards and digital transformation, will play critical roles. Monitoring emerging tech hubs within smaller countries, such as Slovakia and Slovenia, could present growth opportunities in the European landscape.
Top countries in Value Added of Computer, Electronic and Optical Products by Country
| # | 10 Countries | Million Euros | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Germany | 46,910 | 2023 | +1.89% | +1.61% | View data |
| 2 | 2 Ireland | 13,990 | 2023 | +4.19% | +4.58% | View data |
| 3 | 3 France | 13,290 | 2023 | +0.69% | +1.91% | View data |
| 4 | 4 Italy | 8,950 | 2023 | +0.78% | +1.15% | View data |
| 5 | 5 Netherlands | 4,350 | 2023 | -0.069% | -0.81% | View data |
| 6 | 6 Austria | 4,220 | 2023 | +2.09% | +1.62% | View data |
| 7 | 7 Finland | 2,770 | 2023 | -5.81% | -4.21% | View data |
| 8 | 8 Spain | 1,550 | 2023 | -1.96% | -2.78% | View data |
| 9 | 9 Belgium | 1,520 | 2023 | +0.41% | +1.36% | View data |
| 10 | 10 Slovakia | 579.18 | 2023 | +0.43% | +0.82% | View data |