SMT, PCB Electronics Industry News

European EMS Market Exceeded 44 billion Euros in 2021

Mar 03, 2022

The European EMS industry grew 9 percent from 2020 to 2021 to exceed 44 billion Euros according to the annual survey results collected and analyzed by in4ma, the market research arm of Weiss Engineering. IPC has partnered with Weiss Engineering since 2020 to deliver industry intelligence to the European electronics community. The 2021 result represents an all-time high for the industry beating the 2019 result by 1 percent. 

Philippe Leonard, senior director of IPC in Europe commented, “Once again Dieter Weiss has assembled and delivered the definitive, best-in-class study for the industry. He received survey data from 225 companies and his report contains vital data on revenue, order backlog, headcount, market segment share, and general outlooks.”

“in4ma’s 70-page report should be treated as a must-have document for every EMS company looking to benchmark themselves in any meaningful way,” said Sanjay Huprikar, IPC president, Europe and South Asia operations. Key takeaways from the study include the following:

  • The top 109 companies, while representing less than 6 percent of the overall companies in Europe, generated nearly 75 percent of the production value
  • Despite the overall bounce back from 2020, only 56 percent of the companies surveyed in 2021 showed higher revenue growth compared to their pre-COVID results of 2019
  • From the value added per head results, it was clear that companies were reluctant to increase prices despite rising material costs 
  • There were 36 documented M&A events in Europe during 2021
  • The Measurement-Instrumentation-Control segment of electronics exhibited strong growth, especially in Germany, Austria, and Switzerland (D-A-CH)

Weiss will present his results at several public and private events throughout the first half of 2022.  On behalf of IPC, he will be a guest speaker at INNOELECTRO 2022 taking place in Budapest, Hungary on March 29-31. Companies interested in purchasing the report are encouraged to contact in4ma at weiss@in4ma.de.


IPC (www.IPC.org) is a global industry association based in Bannockburn, Ill., dedicated to the competitive excellence and financial success of its more than 3,000 member companies which represent all facets of the electronics industry, including design, printed board manufacturing, electronics assembly and test. As a member-driven organization and leading source for industry standards, training, market research and public policy advocacy, IPC supports programs to meet the needs of an estimated $2 trillion global electronics industry.


Since 2004, Weiss Engineering has been analysing the EMS market. Together with a small team, Weiss Engineering constantly searches the national company registers, searches the media, checks the homepages of companies and speaks directly to companies. There is no database on the European EMS industry that is more complete and accurate than the in4ma database.

Apr 29, 2024 -

Record Numbers of Exhibitors to Showcase their Products and Services at EWPTE 2024

Apr 29, 2024 -

IPC Design Competition Champion Crowned at IPC APEX EXPO 2024

Apr 29, 2024 -

Alternative Manufacturing Inc. Awarded QML Requalification to IPC J-STD-001 and IPC-A-610

Apr 29, 2024 -

Janene Stinson, Boeing, Earns IPC Excellence in Education Award at IPC APEX EXPO 2024

Apr 29, 2024 -

What's Next Becomes Now at IPC APEX EXPO 2024

Apr 22, 2024 -

IPC Bestows Posthumous Hall of Fame Award to Industry Icon Michael Ford

Apr 22, 2024 -

Two Long-time IPC Volunteers Receive Dieter Bergman IPC Fellowship Award

Apr 22, 2024 -

IMAPS & IPC to Host Onshoring Workshop April 29 – May 1, 2024, in Arlington, Virginia

Apr 15, 2024 -

Three Industry Leaders Receive IPC President's Award

Apr 15, 2024 -

IFTEC's Pierre-Jean Albrieux Inducted into the IPC Raymond E. Pritchard Hall of Fame at IPC APEX EXPO 2024

1481 more news from Association Connecting Electronics Industries (IPC) »

Apr 30, 2024 -

Koh Young Extends Invitation to the 2024 IEEE Electronic Components and Technology Conference in Denver, Colorado Opening May 28, 2024

Apr 29, 2024 -

New! Model ZM-R750 PC Controlled BGA Rework Station.

Apr 29, 2024 -

RAY TECH (MALAYSIA), UNICOMP Technology's first overseas production base officially in operation to follow Belt and Road Initiative

Apr 29, 2024 -

Aven Launches the Cyclops 4K Ultra HD Digital Microscope: Redefining Precision Viewing

Apr 29, 2024 -

SMTA Long Island Chapter Celebrates 30th Anniversary with Membership Appreciation Event

Apr 29, 2024 -

KYZEN Announces Exclusive Partnership with Manufacturers' Representative Restronics Florida

Apr 29, 2024 -

Record Numbers of Exhibitors to Showcase their Products and Services at EWPTE 2024

Apr 29, 2024 -

KYZEN to Promote Pair of Stencil Cleaning Chemistries at SMTA Ciudad Jaurez Expo & Tech Forum

Apr 29, 2024 -

SMTXTRA Partners with Quantum Systems to Expand Representation in Key Territories

Apr 29, 2024 -

SHENMAO Debuts Special Solder Paste for AI Substrate Power Management Modules

See electronics manufacturing industry news »

European EMS Market Exceeded 44 billion Euros in 2021 news release has been viewed 443 times

Jade Series Selective Soldering Machines

Void Free Reflow Soldering