Consumer electronics in germany

Germany is recognized the world over as an innovative microelectronics production and research location.
The electronics industry in Germany is also Europe's leading production and sales market.

Does Germany export electronics?

The same could be said for the export of German consumer electronics

The sector has many brands which are internationally known, and exports continue despite falling value

On an optimistic note, it has begun to climb again since 2016

In 2019, Germany exported 8 4 billion euros worth of electronics

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The Consumer Electronics market in Germany is projected to grow by 0

75% (2023-2028) resulting in a market volume of US$29

3bn in 2028

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Media Markt is the most popular electronics retailer in Germany

As of 2021, more than 30 percent of German customers had made a purchase there

Saturn was also in demand

In fact, both Media Markt and Saturn are owned by one company, Media-Saturn, the leading electronics provider in Europe