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Upcoming Trade Shows in Germany for Electric & Electronics
SEMICON EUROPA, Munich, Germany
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Germany’s electronics industry isn’t just a leader; it’s an engine driving the European economy. Cutting-edge technology, a relentless focus on research and development, and a thriving export market have solidified Germany's position at the forefront of the electronics sector. The numbers speak volumes. With a corporate turnover exceeding €191 billion, the German electronics industry is an economic powerhouse. Exports account for over half (51%) of the industry's revenue, showcasing its international influence. Investment in R&D surpasses €17 billion, fueling a constant stream of groundbreaking advancements. Over 800,000 people in Germany alone, with an additional 700,000 employed abroad, contribute to the industry's success.
Germany boasts a dense network of research institutions, both public and private. These centers act as think tanks, continuously exploring new solutions across various fields, from industrial automation to automotive electronics. Their tireless efforts ensure that German-made electronic components are in high demand worldwide. A shining star within the German electronics industry is the sub-sector of optical and photonics technologies. This rapidly growing field is at the forefront of advancements like augmented reality, self-driving vehicles, and digital healthcare. Notably, Germany leads Europe in photonics production, accounting for 41% of the continent’s total. This leadership is further reflected in a revenue increase of 220% between 2005 and 2019, which totals to €37.5 billion.
German photonics are highly sought after with roughly 70% of its production destined for foreign countries. The European Union takes the lead as the primary export destination, followed by Asia and North America. This export focus, coupled with the centrality of photonics in Industry 4.0 production models, positions Germany as a key player in shaping the future of global economic growth. By current estimations, the German electronics industry is expected to maintain its total dominance in Europe.
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