In 2023, Germany led the European market for electronic components enterprises, with an increase of 2.17%, followed by strong growth in the Czech Republic at 3.51%. Italy and Sweden experienced declines of 3.22% and 4.35%, respectively. Greece saw a notable increase of 4.56%. Romania, Latvia, and Lithuania also showed positive trends, while countries like Portugal and Denmark faced declines. Notably, various countries had diverging trends, reflecting a mixed regional performance in the sector.
Future trends to watch include technological advancements, which may drive demand and result in enterprise growth across Europe. Innovation in semiconductor technology and the region's push for sustainable manufacturing might influence fluctuations in the number of enterprises. Increased regional cooperation and policy support could further impact sector trends.
Top countries in Electronic Components Number of Enterprises by Country
| # | 10 Countries | Units (Enterprises) | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Germany | 1,820 | 2023 | +1.57% | +2.17% | View data |
| 2 | 2 Czech Republic | 1,080 | 2023 | +3.36% | +3.51% | View data |
| 3 | 3 Italy | 871 | 2023 | -1.02% | -3.22% | View data |
| 4 | 4 Poland | 588 | 2023 | +3.16% | +1.49% | View data |
| 5 | 5 United Kingdom | 577 | 2023 | -0.52% | -0.41% | View data |
| 6 | 6 Slovakia | 481 | 2023 | +4.61% | -0.9% | View data |
| 7 | 7 Spain | 417 | 2023 | +1.96% | +2.53% | View data |
| 8 | 8 Netherlands | 333 | 2023 | +1.22% | +1.84% | View data |
| 9 | 9 France | 265 | 2023 | -2.57% | -1.31% | View data |
| 10 | 10 Sweden | 201 | 2023 | -4.74% | -4.35% | View data |
