The Professional Electronics Sector – a PAIH report
According to the Polish Investment and Trade Agency’s quarterly report published at the end of June entitled “The Professional Electronics Sector”, the value of Polish exports of the electronic sector increased from USD 431.69 million in 2012 to USD 510.90 million in 2022. The compound annual growth rate for the sector is 1.7%.
The Polish Investment and Trade Agency’s (PAIH) quarterly industry reports published in English, are an important source of knowledge on the situation of 15 sectors of the Polish economy. According to the report the sector employs approx. 63,700 people, and the number of companies is over 3,460 m
One of Poland’s great advantages is access to well-educated employees. In the academic year 2022/23, over 6,900 students studied in at least 27 fields of study related to electronics at Universities throughout Poland.
Poland is a promising market with great potential. The forecasted dynamics of turnover on the electronics market in Poland is 4% y/y. This will be the fourth year of growth for this market in Poland. It is supported by digital transformation, programs supporting IT spending, the development of cloud technologies, favourable legislative changes, growing access to the Internet and the great importance of the Business Process Outsourcing sector, which is the main market for electronics.
The American company Intel – a world leader in the production of integrated circuits, will build its new plant in Poland, this was announced in June 2023. The project worth PLN 20 billion is currently the largest foreign investment in Poland’s history and will provide our country with a strong position in the newly developing European value chain of advanced electronics.
The full text of the report is available in the Industries tab
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