From 2013 to 2018, the electronic components market in France saw a steady increase in turnover, with notable year-on-year variations peaking at 12.57% in 2018. However, 2019 experienced an abrupt decline of 18.49%, after which the market exhibited fluctuations and modest recovery. The year 2023 marked a turnover of 6.12 billion Euros, reflecting a slight year-on-year increase of 1.17%. Over the last five years, the compound annual growth rate (CAGR) has been relatively flat, indicating a mature market with minor variations.
Projected data from 2024 to 2028 shows a consistent but slow growth, with the forecasted five-year CAGR at 0.87% and an overall growth rate of 4.42%. Future trends to watch for include advancements in technology, increased integration of electronic components in various industries, and potential market disruptions due to economic factors or technological breakthroughs.
