Forecast: Production of Computer, Electronic and Optical Products in Germany

The production of computer, electronic, and optical products in Germany exhibited notable fluctuations over the past decade. From 2013 to 2019, there was a steady growth, peaking at 94.1 billion Euros in 2018. However, in 2020, the industry saw a significant contraction due to economic disruptions, with a 15.33% decline. Recovery was strong in 2021 with a 25.09% increase, and by 2023, production had leveled to approximately 100.91 billion Euros. This indicates a growth rate of 1.66% for 2023 and an average annual growth rate (CAGR) of 1.41% over the last five years.

Looking ahead, the forecast suggests a continued but modest growth in the sector. By 2028, production is expected to reach about 109.62 billion Euros, implying an estimated CAGR of 1.28%, and a total growth rate of 6.57% over the next five years.

Future trends to watch for include technological advancements, impacts of global supply chain dynamics, and shifts in consumer demand for electronics. Emphasis on sustainable production processes and innovation in smart technologies will likely play crucial roles in shaping the sector’s trajectory.