In 2023, Germany dominated European electrical equipment and electronics production with a value of 115.36 billion euros, followed by Italy and France. Notable increases were seen in Poland, Hungary, and Greece, driven by their year-on-year growth. In contrast, France and Spain faced notable declines. The overall growth over the past five years showed steady progress, with countries like Hungary, Poland, and Switzerland contributing significantly. Negative trends were noted in Italy and France, indicating potential challenges in sustaining competitive production levels.
Future trends to watch include technological advancements, green energy transformation, and automation, which could redefine production dynamics across Europe. Increased investments in digitalization and sustainable practices will be vital, with potential growth expected in Eastern European countries due to favorable investment climates and lower production costs.
Top countries in Electrical Equipment and Electronics Production Value by Country
| # | 10 Countries | Million Euros | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Germany | 115,360 | 2023 | +1.2% | +1.01% | View data |
| 2 | 2 Italy | 37,090 | 2023 | -0.32% | -1.11% | View data |
| 3 | 3 France | 26,090 | 2023 | -2.83% | -3.1% | View data |
| 4 | 4 Poland | 21,230 | 2023 | +3.11% | +7.32% | View data |
| 5 | 5 Spain | 17,880 | 2023 | -3.03% | -3.07% | View data |
| 6 | 6 Switzerland | 17,650 | 2023 | +3.23% | +2.29% | View data |
| 7 | 7 United Kingdom | 14,710 | 2023 | -0.56% | -0.27% | View data |
| 8 | 8 Czech Republic | 13,580 | 2023 | +3.18% | +2.16% | View data |
| 9 | 9 Austria | 12,910 | 2023 | +1.97% | -0.73% | View data |
| 10 | 10 Netherlands | 8,990 | 2023 | +3% | +3.79% | View data |
