In 2023, Germany led the European electronic components market with a 23.15% share, followed by the Czech Republic at 13.75%, and Italy at 11.11%. Both Germany and the Czech Republic witnessed positive growth from the previous year, with the Czech Republic experiencing a notable increase of 3.51%. Conversely, Italy saw a decline of 3.22%, showing a downward trend. Other notable increases were seen in Greece, Spain, and Latvia, while some countries like Portugal, Sweden, and Denmark experienced significant decreases in enterprise numbers.
Looking forward, there may be a shift driven by further digital transformation and innovation, impacting demand and enterprise share distribution. Countries investing in smart technologies and sustainable practices are expected to see growth momentum, attracting more enterprises in this sector. Monitoring regulatory changes, economic shifts, and technological advancements remains crucial to understanding market dynamics and future enterprise distribution.
Top countries in Electronic Components Number of Enterprises Share by Country (Units (Enterprises))
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Germany | 23.15 | 2023 | +1.57% | +2.17% | View data |
| 2 | 2 Czech Republic | 13.75 | 2023 | +3.36% | +3.51% | View data |
| 3 | 3 Italy | 11.11 | 2023 | -1.02% | -3.22% | View data |
| 4 | 4 Poland | 7.5 | 2023 | +3.16% | +1.49% | View data |
| 5 | 5 United Kingdom | 7.36 | 2023 | -0.52% | -0.41% | View data |
| 6 | 6 Slovakia | 6.14 | 2023 | +4.61% | -0.9% | View data |
| 7 | 7 Spain | 5.32 | 2023 | +1.96% | +2.53% | View data |
| 8 | 8 Netherlands | 4.25 | 2023 | +1.22% | +1.84% | View data |
| 9 | 9 France | 3.38 | 2023 | -2.57% | -1.31% | View data |
| 10 | 10 Sweden | 2.56 | 2023 | -4.74% | -4.35% | View data |
