In 2023, Germany leads the European production of computer, electronic and optical products with a value of 100.91 billion euros, followed by the Netherlands at 37.54 billion euros. Notable growth was seen in Ireland and France, with increases of 2.06% and 1.62% respectively. Declines were recorded in Finland (-5.69%) and Spain (-4.52%), indicating potential challenges in these markets. Other countries like Greece and Lithuania experienced positive growth, with Greece showing a significant rise of 6.03%.
Looking ahead, advancements in AI, IoT, and 5G are likely to drive production growth in these sectors. Countries leading in innovation and technology adoption may experience higher growth rates. Monitoring competitive strengths and economic policies in each country will be key for future trends in the European market.
Top countries in Production of Computer, Electronic and Optical Products by Country
| # | 10 Countries | Million Euros | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Germany | 100,910 | 2023 | +1.66% | +1.41% | View data |
| 2 | 2 Netherlands | 37,540 | 2023 | +1.42% | +2.31% | View data |
| 3 | 3 France | 28,170 | 2023 | +0.41% | +1.62% | View data |
| 4 | 4 Ireland | 26,810 | 2023 | +2.29% | +2.06% | View data |
| 5 | 5 Italy | 23,480 | 2023 | +0.39% | +0.62% | View data |
| 6 | 6 Austria | 10,430 | 2023 | +2.59% | +2.01% | View data |
| 7 | 7 Finland | 6,820 | 2023 | -6.02% | -5.69% | View data |
| 8 | 8 Slovakia | 4,300 | 2023 | -0.72% | -1.1% | View data |
| 9 | 9 Belgium | 4,170 | 2023 | +0.67% | +1.06% | View data |
| 10 | 10 Spain | 3,640 | 2023 | -3.88% | -4.52% | View data |