In 2023, Germany led European electronic components and boards production with a value share of 23.03 million Euros, despite a -2.77% YoY decrease. France held the second position at 12.87 million Euros, followed by Switzerland at 12.42 million Euros, marking a 2.27% increase. Notable growth was observed in Hungary (+17.99%), the Netherlands (+3.78%), and Lithuania (+13.3%). Conversely, Slovakia (-11.92%) and Iceland (-15.91%) faced significant declines. Over the past five years, the sector has seen fluctuating trends, with an overall positive long-term growth pattern in emerging regions.
Future trends to watch include advancements in semiconductor technology, increased investments in R&D, and growing demands for IoT and automation. Countries that adapt quickly to these technological shifts are likely to improve their market positions, particularly those investing in sustainable manufacturing practices and cutting-edge technologies.
Top countries in Electronic Components and Electronic Boards Production Value Share by Country (Million Euros)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Germany | 23.03 | 2023 | -0.93% | -2.77% | View data |
| 2 | 2 France | 12.87 | 2023 | +0.24% | -1.68% | View data |
| 3 | 3 Switzerland | 12.42 | 2023 | +1.22% | +2.27% | View data |
| 4 | 4 Hungary | 9.26 | 2023 | +13.16% | +17.99% | View data |
| 5 | 5 Italy | 8.43 | 2023 | +0.65% | -0.61% | View data |
| 6 | 6 Austria | 7.6 | 2023 | +4.94% | +4.42% | View data |
| 7 | 7 Netherlands | 7.51 | 2023 | +8.47% | +3.78% | View data |
| 8 | 8 United Kingdom | 4.11 | 2023 | -1.42% | -1.91% | View data |
| 9 | 9 Poland | 3.36 | 2023 | +0.96% | -0.28% | View data |
| 10 | 10 Spain | 2.98 | 2023 | +5.81% | +9.16% | View data |
