The production value of electronic components and boards in France showed varied trends from 2013 to 2023, ranging from negative to positive year-on-year variations. After a dip in value around 2014, the market demonstrated an overall steady increase. Notable positive spikes occurred in 2015, 2017, and 2018, while years like 2019 and 2020 experienced declines, primarily due to economic uncertainties and supply chain disruptions. In 2023, the value stood at 9.61 billion Euros with a slight year-on-year growth of 0.24%. Over the last five years, a minor negative CAGR of -1.68% was observed.
Future trends to watch for:
- Gradual market stabilization and forecasted subtle growth extending to 2028, with a forecasted 5-year CAGR of 0.19%.
- Technological innovations and advancements in electronics that may drive demand.
- Potential impacts of global economic conditions and supply chain transformations on production values.