In 2023, Germany led the European electronic components production market with a value share of 41.72%. France followed with 14.2%, although it experienced a decline of 1.13% year-on-year. Hungary noted a significant 54.14% increase, standing at 11.76%. Austria showed a modest rise at 4.25%, reaching 11.31%. Italy saw a slight decrease of 1.83%, holding a 10.13% share. Poland's share was 5.32%, with a small increment of 0.92%. The UK and Sweden faced slight declines of 1.92% and 2.22%, respectively. Spain's share rose to 3.41%, influenced by a 10.91% growth. Norway and Greece showed considerable increases of 10.05% and 2.67%, respectively, while other countries such as Bulgaria, Slovakia, and Iceland encountered declines.
Future trends to watch for include Hungary's potential continued growth, driven by strong investments in manufacturing. Germany may maintain its dominant position due to its established industrial base. France and Italy might need strategic initiatives to counter their declining trends. Emerging players like Spain and Norway could leverage recent positive growth, possibly reshaping the market dynamics in the upcoming years.
Top countries in Electronic Components Production Value Share by Country (Million Euros)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Germany | 41.72 | 2023 | +0.55% | +0.39% | View data |
| 2 | 2 France | 14.2 | 2023 | +1.66% | -1.13% | View data |
| 3 | 3 Hungary | 11.76 | 2023 | +24.47% | +54.14% | View data |
| 4 | 4 Austria | 11.31 | 2023 | +4.58% | +4.25% | View data |
| 5 | 5 Italy | 10.13 | 2023 | -0.54% | -1.83% | View data |
| 6 | 6 Poland | 5.32 | 2023 | +1.92% | +0.92% | View data |
| 7 | 7 United Kingdom | 4.77 | 2023 | -1.36% | -1.92% | View data |
| 8 | 8 Spain | 3.41 | 2023 | +11.11% | +10.91% | View data |
| 9 | 9 Belgium | 2.38 | 2023 | +0.46% | +1.07% | View data |
| 10 | 10 Czech Republic | 1.42 | 2023 | +2.36% | +2.24% | View data |
