BROWSE THROUGH OUR TRADE FAIRS IN GERMANY FOR ELECTRIC & ELECTRONICS INDUSTRY

Germany is among the leading countries in the European and global electrical and electronics industries. This is because the country features a comprehensive, time-honoured, and high-value EE sector. This is because the segment comprises diverse enterprises. They represent the entire value chain. This includes implementing, producing and installing various types of EE wares. These are used in diverse sectors, from aerospace to consumer goods. This results in a comprehensive segment that often generates up to 219,200,000,000 EUR of turnover. This represents up to 10% of the domestic industrial output and 3% of the country’s GDP. It additionally results in the segment being the state’s second-most extensive industry branch. It retains around 14% of its workforce. This is because the industry employs up to 912,000 skilled specialists. Such experts operate in around 3,600 enterprises organised in diverse industry clusters. Such companies vary from small and medium-sized enterprises to extensive, prominent corporations. The latter often features a global presence and diverse product portfolio. This results in significant exports. For example, in recent years, the segment has contributed up to 13% of the country’s total exportations. This often totals 225,000,000,000 EUR. The segment is likewise among the sections of the country’s industry highly focused on research and development. For example, in recent years, it has been responsible for 23% of the total R&D expenditure of the country’s industry and 21% of its innovation investments. It is also responsible for retaining 30% of the R&D specialists in the industry. It also contributes to 24% of the total patent applications in the state. This generally surpasses values of 19,000,000,000 EUR and more than 114,000 experts, respectively. Often, the segment displays its latest innovations during annual and biannual trade expos. Such events attract hundreds of thousands of attendees, frequently surpassing 500,000.