Since its emergence in the 20th century, the electronics sector has been providing equipment, devices, and components to make technological advancements possible. Automation in industrial production and the ‘Industrial Internet of Things’ are among the key trends in the electronics industry, as today’s world is increasingly relying on technology. The electronics industry is predominantly a business-to-business industry, offering the building blocks on which many other modern industries stand: e-commerce, consumer electronics, and the manufacturing sector, to name only a few, all rely on electrical components. The key markets include China, the United States, Japan, South Korea, and Germany.
Estimated growth rates for the global electronics industry from 2020 to 2022, by region
Further details: Visit original statistic Estimated growth rates for the global electronics industry from 2020 to 2022, by region
Globally, the electronics industry is projected to contract by around three percent between 2019 and 2020, before rebounding in 2021, and Asia is anticipated to fare best. Asia's powerhouse, China, is the largest market worldwide with market revenue of around 1.7 trillion euros. In 2021, the electronics market in China is expected to grow by eight percent year-on-year.
Manufacturing: computers & electronics - global
The electronics category provides information on electrical and electronic engineering. This industry comprises the design and manufacture of electronic systems, most notably batteries and accumulators, as well as lighting systems, sensors, and actuators. Within this sector, Statista provides information about the business activities of component manufacturers. Data on a global, regional, and country scale is available. All of the information is complemented with manufacturer rankings and information on the supply chain of components.
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