Forecast: Electronic Components and Electronic Boards Turnover in Italy

The turnover for electronic components and electronic boards in Italy stood at 6.23 billion Euros in 2023. Over the years, this sector displayed a mixed trend with fluctuations. From 2013 to 2019, it experienced steady growth despite some dips, reaching a peak in 2019. However, 2020 saw a significant decline due to the global pandemic, followed by a gradual recovery in subsequent years. The annual growth rates for 2022 and 2023 were 0.52% and 0.51%, respectively, and the five-year CAGR up to 2023 was -0.34%. Moving forward, the forecasted CAGR from 2024 to 2028 is 0.39%, indicating modest growth.

Future trends to watch for include:

  • An increased focus on sustainability and green electronics.
  • Enhanced demand driven by advancements in IoT and automation.
  • Potential disruptions and opportunities from semiconductor supply chain adjustments.

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