The production value of electronic components and electronic boards in Finland has experienced fluctuations over the past decade. From 2014 to 2018, the production value saw significant annual variations, including a sharp decline of 18.05% in 2015 and a notable recovery of 11.97% in 2016. Recent years have seen more stability, with 2022 and 2023 showing modest year-on-year growth of 0.64% and 0.59%, respectively. By 2023, the value stood at 408.5 million euros.
Looking ahead, forecasted data from 2024 onwards suggest a steady, albeit slow, growth trend with a five-year CAGR of 0.39%, while the overall growth rate for the period is projected at 1.95%. This indicates a cautious but consistent increase in production value, reaching 418.8 million euros by 2028.
Future trends to watch for include advancements in semiconductor technology, shifts towards sustainable and eco-friendly production processes, and the potential impact of global supply chain disruptions. Additionally, increasing demand for electronic components in emerging technologies such as electric vehicles and IoT devices may drive further growth.
