Forecast: Electrical and Electronic Equipment for Motor Vehicles Production Value in Poland

The production value of electrical and electronic equipment for motor vehicles in Poland reached 2.19 billion Euros in 2023, indicating a year-on-year increase of 5.82%. Over the past two years, production value saw a compounded annual growth rate (CAGR) of 6.68%. Analyzing the last five years, the CAGR stands at 3.37%, reflecting moderate but steady growth. The forecasted data suggests a continued upward trend, with a predicted CAGR of 2.07% from 2024 to 2028, indicating an overall growth of 10.78% in this period.

Future trends to watch for include:

  • Advancements in electric vehicle technology influencing demand for specialized electronic components.
  • Increasing investment in R&D for more efficient and innovative automotive electronics.
  • Potential impacts of global supply chain disruptions on production capabilities.

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