Electronic Integrated Circuits Market Size Volume in Romania

The electronic integrated circuits market size in Romania, expressed in millions, reached 164.83 in 2023. Over the past decade, the market witnessed fluctuations, with notable growth between 2016-2019, marked by substantial year-on-year increases such as 36.12% and 35.45%. However, the market faced a challenging phase in 2020 with a decline of 10.85% but rebounded strongly in subsequent years with a 13.45% increase in 2021 and 12.05% in 2023. The compound annual growth rate (CAGR) over the last five years stood at 5.19%, indicating a steady upward trend.

Future trends to watch for include:

  • The impact of technological advancements and digital transformation on market demand.
  • Potential effects of global semiconductor supply chain disruptions.
  • Emerging investment opportunities in innovative circuit solutions to drive growth.

Top Countries about Integrated Circuit