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 increasingly relies 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
The electronic industry experienced a dual impact from the coronavirus pandemic. While the sector grew due to increased consumer demand for electronic products, it also suffered setbacks due to supply chain disruptions and the closure of manufacturing plants, resulting in decreased production. Asia emerged as the only region displaying resilience in the face of pandemic-related challenges. Notably, China is the largest global market, generating over two trillion U.S. dollars in revenue in 2021.
Manufacturing: computers & electronics - global
The electronics category provides information on electrical and electronic engineering. This industry comprises designing and manufacturing electronic systems, such as batteries and accumulators, as well as lighting systems, sensors, and actuators. With this sector, Statista provides information about the business activities of component manufacturers. Data insights on a global, regional, and country scale are available. All of this information is complemented with manufacturer rankings and information on the supply chain of components.
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