The European Electronic Components and Electronic Boards market shows diverse turnover shares by country. Germany leads with a significant share of €28.69 million, although facing a slight reduction of 2.02% year-on-year, reflecting market maturity. Switzerland and France follow with shares of €10.85 million and €10.82 million, respectively. Notably, Hungary demonstrated robust growth with a 17.49% increase, signalling its rising prominence. Other key markets include the Netherlands, Italy, Austria, and the United Kingdom. In contrast, Iceland experienced a substantial decline, shedding 24.02% of its value.
Future trends to watch include the high potential for growth in Hungary and Spain, assuming they continue their current trajectory. Additionally, Lithuania and Serbia show promising increases that might signal emerging markets. Continuous monitoring of Germany's market behaviour and the performance of other major players is essential to anticipate shifts in the European landscape. Attention should also be given to technological advancements and their adoption rates across different countries.
Top countries in Electronic Components and Electronic Boards Turnover Share by Country (Million Euros)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Germany | 28.69 | 2023 | -0.83% | -2.02% | View data |
| 2 | 2 Switzerland | 10.85 | 2023 | +1.32% | +2.48% | View data |
| 3 | 3 France | 10.82 | 2023 | -0.43% | -2.52% | View data |
| 4 | 4 Hungary | 9.05 | 2023 | +12.98% | +17.49% | View data |
| 5 | 5 Netherlands | 8.73 | 2023 | +5.75% | +2.68% | View data |
| 6 | 6 Italy | 7.27 | 2023 | +0.51% | -0.34% | View data |
| 7 | 7 Austria | 6.61 | 2023 | +4% | +3.91% | View data |
| 8 | 8 United Kingdom | 4.24 | 2023 | -0.82% | -1.89% | View data |
| 9 | 9 Poland | 2.99 | 2023 | +0.82% | -0.38% | View data |
| 10 | 10 Spain | 2.47 | 2023 | +4.27% | +8.06% | View data |