Germany is recognized the world over as an innovative microelectronics production and research location. The electronics industry in Germany is also Europe’s leading production and sales market.
Germany boasts an unparalleled density of renowned R&D institutes and world-leading manufacturers and suppliers for electrical and electronic materials, components, and equipment across the value chain. These range from microelectronic components to electrical household appliances, automation systems, electronic medical equipment, and automotive electronics. Investment opportunities are many and varied. Plug in and find out why Germany satisfies the essential conditions for market success in one of the world’s most dynamic industry sectors.
Germany's electronics sector is responsible for ten percent of domestic industrial output, three percent of GDP and 23 percent of total country R&D spending. Take a look at these and other key data from the thriving industry.
Turnover
EUR 182 billion
10% of total German industrial output
3% of gross domestic product (GDP)
Employees
867,700 employees in Germany (+ 777,000 abroad)
2nd largest industry branch in Germany
14% of total employees in German industry
R&D Expenditure
EUR 19.7 billion
23% of total R&D expenditure of German industry
30% of all R&D employees in German industry (114,000)
Innovation Expenditure
EUR 27.5 billion
21% of all innovation expenditures of German industry
24% of total patent applications in Germany (13,500 per year)
Exports
EUR 203 billion (13% of total German exports)
Imports
EUR 190 billion
Source: German Electrical and Electronic Manufacturers' Association (ZVEI) 2021
Market Opportunities: The Internet of Things
The Internet of Things (IoT) is one of the most promising innovation accelerators for digital enterprises. Areas of application cover everything from manufacturing and construction to retail as well as transportation – in fact almost all sectors that utilize online devices or sensors. Internet of Things applications are of significant strategic importance for microelectronic manufacturers. Within Germany, IoT spending will exceed EUR 35 billion (making Germany the biggest spender in Europe) and IoT-generated turnover is expected to double from EUR 22.5 billion in 2018 to a forecast level of EUR 45 billion in 2023.
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