Electronics and Electrical Industry
Electronics and Electrical Industry
The German electronics and electrical industry is a crucial strategic sector. In 2023, the industry's total output was approximately €180 billion, holding a key position in the German economy. The industry encompasses various fields, including electrical equipment, electronic components, consumer electronics, and communication equipment. It boasts globally renowned companies such as Siemens, Bosch, and Infineon, serving as a major driver of technological innovation in German industry. The sector directly employs around 600,000 people, and indirectly supports numerous jobs through upstream and downstream industries, making a significant contribution to German economic growth and employment stability. German electronics and electrical products hold a high market share globally and are a key export industry for Germany.
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