Country Report - Denmark

Country Report - Denmark
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Output in the Danish electronics industry declined by 0.6% and 1.5% in 2019 and 2018, respectively and by a more substantial 9.3% in 2020 as COVID-19 had a negative impact across the Danish electronics industry.  Production is forecast to rebound in 2021 and increase by 1.6% with growth gaining momentum in the second half of the year as the impact of COVID-19 fades following the roll-out of the vaccine. The production of hearing aids after four years of double-digit growth declined by 9.4% in 2018 following the relocation of some production to lower cost locations, a further 5.3% in 2019, a more substantial 10.0% in 2020, as the result of COVID-19, with a further 3.2% fall forecast for 2021. In total, hearing aids accounted for 83.4% of medical output in 2020 and 27.8% of overall electronics equipment production. Control, test and measuring equipment accounted for and estimated 36.1% of total production in 2020 and represented the largest sector in the Danish electronics industry. Production declined by 5.6% in 2020 as the pandemic impacted demand in the country’s main export markets but was a better performance than initially forecast at the end of the second quarter. Growth is expected to recover in 2021 and then gain momentum in 2022 and 2023. 

Table of Contents

Economic Overview
Industry Structure
Production Data 2018-2021
Market Data 2018-2024
Methodologies/Guide to Statistics

Product Coverage

Office Equipment
Control & Instrumentation
Medical & Industrial
Radio Communications
Passive Components
Other Components

The Danish 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 Denmark.

Last Update: May 2021

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