The production value in the manufacture of electronic components and boards sector in Italy exhibited fluctuating trends between 2013 and 2023. In 2023, the sector stood at 6.36 billion Euros. The annual variations have been both positive and negative, affected by economic events and sector-specific challenges. The sector saw notable growth in 2018 and 2019 followed by slight declines or minimal increases in the years up to 2023. Year-on-year variations over the last two years were +0.67% in 2022 and +0.65% in 2023, while the five-year CAGR was -0.61% up to 2023, reflecting recent struggles in consistent growth.
Looking forward, the sector is expected to experience moderate growth with a forecasted five-year CAGR of 0.49%, reaching 6.56 billion Euros by 2028. Future trends to watch for include advancements in technology, increased demand for smart electronics, and the impact of global supply chain dynamics.
