PUBLISHER: Reed Electronics Research | PRODUCT CODE: 2123171
PUBLISHER: Reed Electronics Research | PRODUCT CODE: 2123171
In providing the forecasts for the current study, which were made at the beginning of August, we have:
Despite the potential headwinds we expect growth in the European electronics industry to strengthen over the course of 2026 and gain momentum in 2027 and 2028 with growth expected to ease in the final year of the forecast. However, the shortage of components and materials could see production and deliveries pushed into 2027.
In Euro’s the production of electronic equipment in Western Europe increased by an estimated 2.2% in 2025 to Euro 134.3 billion, and compared to the prior year’s increase of 0.3% in the prior year, growth in the communications segment – primarily radar and navigation/defence – computing and industrial offsetting a fall in consumer output.
Based on current indicators we are forecasting that growth in electronic equipment output in Western Europe will increase by 4.5% in 2026, 4.6% in 2027 and 2028 before easing to 4.1% in 2029.
In 2025, the production of electronic components in Western Europe amounted to Euro 51.3 billion, 27.6% of overall electronics production. After declining by 2.2% in 2023 and a further 1.8% in 2024 electronic component output resumed growth in 2025 with growth of 3.9% with this set to accelerate to 12.4% in 2026. Growth in 2026 will be supported by increase demand across several end markets and rising prices. In 2025, active components accounted for 62.7%, passive 31.1% and other 6.3% while Germany accounted for the largest share of production at 34.1%, followed by Ireland 14.9%, France 14.6%, Italy 11.2% and the UK 5.6%.
The latest edition of Reed Electronics Research's annual survey provides an in-depth outlook for the West European electronics industry through to 2029. Published since 1973 the Volume 1 of the Yearbook of World Electronics Data provides: