The European electronic components and boards market showcases Germany as a leading player despite a slight contraction in 2023. Switzerland and the Netherlands demonstrated growth, while countries like Hungary and Spain experienced significant expansions. Hungary's rapid rise is notable, indicating a dynamic shift in regional manufacturing centers. Conversely, France and the UK saw minor contractions. Smaller markets like Slovakia and Iceland faced noticeable declines, whereas Lithuania and Serbia exhibited strong growth, promising potential for future development. Over the past five years, steady growth in countries like Austria and Romania hints at a broader stabilization across the region.
Future trends to watch include:
- Sustainability initiatives driving innovation.
- Potential shifts due to supply chain realignments in Eastern Europe.
- Technological advancements positioning niche markets for rapid growth.
Top countries in Electronic Components and Electronic Boards Turnover by Country
| # | 10 Countries | Million Euros | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Germany | 24,590 | 2023 | -0.83% | -2.02% | View data |
| 2 | 2 Switzerland | 9,300 | 2023 | +1.32% | +2.48% | View data |
| 3 | 3 France | 9,270 | 2023 | -0.43% | -2.52% | View data |
| 4 | 4 Hungary | 7,760 | 2023 | +12.98% | +17.49% | View data |
| 5 | 5 Netherlands | 7,480 | 2023 | +5.75% | +2.68% | View data |
| 6 | 6 Italy | 6,230 | 2023 | +0.51% | -0.34% | View data |
| 7 | 7 Austria | 5,670 | 2023 | +4% | +3.91% | View data |
| 8 | 8 United Kingdom | 3,640 | 2023 | -0.82% | -1.89% | View data |
| 9 | 9 Poland | 2,560 | 2023 | +0.82% | -0.38% | View data |
| 10 | 10 Spain | 2,120 | 2023 | +4.27% | +8.06% | View data |
