In 2023, there were 2,000 enterprises in the manufacture of electronic components and boards sector in Germany. Forecasts predict a slight increase to 2.1 thousand enterprises in 2024. The year-on-year growth is forecasted at approximately 0.95% between 2024 and 2025, 0.94% between 2025 and 2026, 0.47% between 2026 and 2027, and 0.93% between 2027 and 2028. Over the five-year forecast period from 2024 to 2028, the sector is expected to grow at a compound annual growth rate (CAGR) of approximately 0.83%.
Future trends to watch for:
- The shift toward advanced technologies like AI and IoT could drive sector innovation.
- Supply chain disruptions or economic shifts could impact enterprise growth.
- Environmental regulations might influence manufacturing practices and enterprise structures.