From 2013 to 2023, the market for plugs and sockets for printed circuits for a voltage less than 1 kV in Germany showed significant fluctuations. Initially, the market experienced growth from 2013 to 2017, peaking at 748.7 million euros in 2017. However, from 2018 onwards, the market witnessed a consistent decline, resulting in a size of 365.37 million euros by 2023. Over the past five years, the market shrank at a compound annual growth rate of -11.41%.

Future trends to watch for:

Technological advancements in low voltage electronics could potentially revive market growth.
Increased focus on sustainable and eco-friendly electronic components might shift market preferences.
Regulatory developments and incentives in Germany promoting high-tech industrial investment could influence demand.