In 2024, Germany leads Europe in the production value of Computer, Electronic, and Optical Products with a notable 2.55% year-on-year growth, reaching nearly €97 billion. Switzerland follows, growing by 2.37%, while countries like the Netherlands, France, and Belgium show modest gains. Conversely, Italy and the United Kingdom experienced downturns, with Italy decreasing by 4.71%. Emerging markets like Lithuania and Serbia demonstrated substantial growth rates of 14.39% and 5.62%, respectively, suggesting shifting dynamics in the industry. Economic pressures contributed to contractions in Hungary, Slovakia, and Iceland.
Future trends to watch include:
- Automation and digitalization driving production efficiency.
- Growing investments in green technologies.
- Potential shifts in supply chain strategies post-Brexit and amid geopolitical tensions.
- Strengthening Eastern Europe's presence in the tech manufacturing space.
Top countries in Computer, Electronic and Optical Products Production Value by Country
| # | 10 Countries | Million Euros | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Germany | 96,920 | 2023 | +1.8% | +2.55% | View data |
| 2 | 2 Switzerland | 59,420 | 2023 | +2.28% | +2.37% | View data |
| 3 | 3 Netherlands | 37,280 | 2023 | +13.21% | +1.46% | View data |
| 4 | 4 France | 34,430 | 2023 | +2.34% | +1.18% | View data |
| 5 | 5 United Kingdom | 20,450 | 2023 | -1.14% | -1.42% | View data |
| 6 | 6 Italy | 14,810 | 2023 | -3.51% | -4.71% | View data |
| 7 | 7 Czech Republic | 13,660 | 2023 | +2.07% | -0.65% | View data |
| 8 | 8 Poland | 10,960 | 2023 | +2.31% | +2.42% | View data |
| 9 | 9 Hungary | 10,800 | 2023 | -4.33% | -2.08% | View data |
| 10 | 10 Finland | 8,800 | 2023 | -3.19% | +0.84% | View data |
