The electronic integrated circuits market size in Slovakia experienced variable growth from 2013 to 2023, reaching 633.97 million euros in 2023. The market showed significant growth in 2014 and 2017, with year-on-year increases of 11.03% and 8.17%, respectively. However, it also saw declines in 2018 and 2019. A consistent recovery is observed from 2020 onwards, with a 2022 and 2023 year-on-year growth of 7.82% and 1.09%. Over the past five years, the compound annual growth rate stands at 0.8%.
Future trends to watch include:
- Advancements in semiconductor technology impacting production efficiencies.
- The increasing demand for integrated circuits in automotive and consumer electronics sectors.
- Potential supply chain disruptions affecting growth stability.
How does Slovakia rank in Electronic Integrated Circuits Market Size Value?
| # | 10 Countries | Euros | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Germany | 11,263,000,000 | 2023 | +4.54% | +4.12% | View data |
| 2 | 2 Hungary | 3,745,500,000 | 2023 | +1.65% | +2.69% | View data |
| 3 | 3 Italy | 3,132,300,000 | 2023 | +1.13% | +2.55% | View data |
| 4 | 4 Romania | 2,878,800,000 | 2023 | +6.22% | +5.34% | View data |
| 5 | 5 Poland | 2,277,600,000 | 2023 | +0.7% | +0.74% | View data |
| 6 | 6 Spain | 684,910,000 | 2023 | +1.13% | +0.85% | View data |
| 7 | 7 Slovakia | 633,970,000 | 2023 | +1.09% | +0.8% | |
| 8 | 8 Lithuania | 97,882,000 | 2023 | +4.88% | +6.79% | View data |
| 9 | 9 Slovenia | 77,329,000 | 2023 | +4.8% | +1.81% | View data |
