The Italian Electronics Industry Report provides essential market intelligence for all sizes of company from small enterprises to major global groups and for financial/management consultancies, government agencies and academia requiring a reliable overview of the electronics industry in Italy.
After increasing by 2.4% in 2016 electronics output grew by 3.2% in 2017 but is expected to ease to 2.4% in 2018 and then decline by 0.8% in 2019 in response to weaker domestic and foreign demand. Control and instrumentation and communications and radar accounted for 27.3% and 18.3% of output respectively in 2018 while components accounted for 30.5%. Driven by exports output for the control and instrumentation sector increased by 9.4% in 2017, and compared to growth of 3.5% in 2016. Production, however eased in 2018 to 3.0% in part due to weaker domestic demand and is forecast to decline by 2.0% in 2019 as the domestic economy slows while the more general slowdown globally impacts demand in key export markets.
The country is home to a large number of small and medium-sized companies serving both domestic and export markets. The medical sector accounted for an estimated 6.0% of electronic production in 2018. After double-digit growth in 2015 output declined by 2.8% in 2016 before posting growth of 2.5% in 2017 but is expected to ease to 0.8% in 2018 and then decline by 2.4% in 2019. Again, a weak domestic economy will impact demand in both 2018 and 2019 as will a deteriorating external market. After declining by 1.1% in 2016 the telecommunications industry posted growth 2.9% in 2017 before easing to 2.2% and 1.2% in 2018 and 2019, respectively. Growth however is forecast to pick-up over the course of 2020 then gradually accelerate to 2.8% in 2022.
Opportunities related to the IoT is expected to provide a boost to growth over the period. The production of radio communications and radar posted increased by around 2.0% in both 2017 and 2018, with slighting stronger growth in communications equipment. Developments will mirror the trend expected for the telecommunications segment with growth, after slowing to 1.5% in 2019, reaching 2.9% by 2022. Italy, through Leonardo holds a leading position in the European aerospace and defence industry and is a key member of a number of the pan-European joint ventures in the sector. I
n 2018, the production of radar and navigation accounted for an estimated 55.6% of the communication and radar segment. After four years of consecutive growth the production of ICs is forecast to decline by 1.2% in 2019, as the global market slows and then return to growth, albeit slowly in 2020/2021, but should then benefit from the ramp-up of ST’s new fab in 2022.
This report is designed to provide the user with access to individual country data or product information. The full report will be supplied in PDF and Excel format to allow you to customise the data to meet your specific needs. The database is the leading source of “top-level” market and production data on the European and global electronics industry. It provides a quick, reliable and cost-effective assessment of the industry for individual countries or by major product group. Users requiring more extensive data requirements should refer to the full Yearbook Series, a unique reference to electronics market and production data on 51 countries worldwide.
Who will benefit
Market Data and Forecasts 2016-2022
Production Data 2016-2019
Methodologies/Guide to Statistics
Control & Instrumentation
Medical & Industrial
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