The sold production of electronic components in Germany saw notable fluctuations from 2013 to 2023. Starting with moderate growth in 2013, the market experienced dramatic increases, particularly in 2014 and 2015. However, the growth was not consistent, with significant declines in certain years, notably in 2016 and 2017. The period between 2018 and 2023 showed a more stable growth with minor fluctuations, culminating in a value of 15.954 billion items in 2023. Over the last five years, the CAGR stood at 5.41%. Forecasts from 2024 to 2028 anticipate modest growth with a 5-year CAGR of 0.6% and a 5-year growth rate of 3.04%.
Future trends to watch for:
- Technological advancements driving demand for high-performance components.
- Potential market stabilization with minor year-over-year variations.
- Impact of global economic factors on production and export rates.
- Sustainability and regulatory standards influencing production practices.
