The European EMS industry grew 9 percent from 2020 to 2021 to exceed EUR 44 billion according to the annual survey results collected and analyzed by in4ma, the market research arm of Weiss Engineering, IPC has reported. The global industry association says it has partnered with Weiss Engineering since 2020 “to deliver industry intelligence to the European electronics community”. According to the report, the 2021 result represents an all-time high for the industry – beating the 2019 result by 1 percent.
“Once again Dieter Weiss has assembled and delivered the definitive, best-in-class study for the industry,” Philippe Leonard, senior director of IPC in Europe said. “He received survey data from 225 companies and his report contains vital data on revenue, order backlog, headcount, market segment share, and general outlooks.”
The 70-page report found the following:
- The top 109 companies, while representing less than 6 percent of the overall companies in Europe, generated nearly 75 percent of the production value
- Despite the overall bounce back from 2020, only 56 percent of the companies surveyed in 2021 showed higher revenue growth compared to their pre-COVID results of 2019
- From the value added per head results, it was clear that companies were reluctant to increase prices despite rising material costs
- The Measurement-Instrumentation-Control segment of electronics exhibited strong growth, especially in Germany, Austria, and Switzerland (known as the DACH region)
