Country Report - Norway

Country Report - Norway
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In 2016, output for the Norwegian electronics industry increased by 1.6%, with equipment output increasing by 1.7% and components by 0.9%. This compared to growth of 1.9% a year earlier and 1.8% in 2014.  Weakness in the important control and instrumentation sector in 2017 resulted in electronics output declining by 4.1% but production is expected to rebound in 2018 with growth of 3.3%. The communications and radar segmented increased by a modest 0.7% in 2016 but declined by 3.0% in 2017 as a result of lower exports. Growth of 5.2% is forecast for 2018. Telecommunications output also increased by 0.7% in 2016 but is forecast to increase by 2.9% and 3.0% in 2017 and 2018, respectively. The computer industry in Norway accounted for 7.3% of electronics output in 2017 production increasing by 5.0%, this after the prior year’s decline of 5.4%. Output is forecast to show a further increase of 2.0% in both 2018 and 2019 before declining in the final two years of the forecast. Products for Norway's important offshore oil and gas sector have created major opportunities for electronics in the field of control and instrumentation and as a result this sector has become increasingly well-established on the international market. Production increased by 3.0% in 2015 but declined by 0.4% in 2016 and a more substantial 7.6% in 2017. In both 2016 and 2017, output was impacted by weaker exports and subdued demand domestically. Output is expected to rebound in 2018 with growth of 3.0% and then post annual growth of around 3.5-4.0% over the period to 2021. The sector overall accounted for 44.7% of total electronics output in 2017.

Table of Contents

Economic Overview
Industry Structure
Production Data 2015-2018
Market Data 2015-2021
Methodologies/Guide to Statistics

Product Coverage

Computing
Office Equipment
Control & Instrumentation
Medical & Industrial
Radio Communications
Telecommunications
Consumer
Semiconductors
Passive Components
Other Components

The Norwegian 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 Norway.

Last Update: April 2018

 

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