Country Report - Sweden

Country Report - Sweden
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In 2019, electronics output increased by 0.7% up from growth of 0.4% in the prior year and a significant improvement on the negative growth reported between 2012 and 2017 when electronics output was dragged down by the restructuring of the Swedish communications industry. Electronics output declined by 5.1% in 2020 and is forecast to rebound in 2021 as the impact of the pandemic fades with growth of 3.6%. The Swedish electronics industry remains centred on the production of fixed and wireless infrastructure equipment the two sectors accounting for 41.5% of electronics output in 2020. Output declined for the ninth successive year in 2020 and at -3.2% at slightly higher rate than the prior year (2019: -1.7%) as a result of the pandemic. Production of wireless communications equipment declined by 3.1% in 2020, and compared to the prior year’s fall of 2.0%. Telecommunications output has followed a similar trend with output declining by an estimated 3.4% in 2020 and 1.3% in 2019. Telecommunications accounted for 21.4% of electronics output in 2020 and wireless communications (excluding radar and navigation) 20.2%. Radar and navigation accounted for 11.4% of electronics output in 2020, on par with the prior year. Saab is the dominant company in the sector although there are a number of smaller and medium sized companies as well as overseas manufacturers including BAE Systems. The other predominant sectors are control and instrumentation with a 29.5% share in 2020, up from 7.5% in 2000, and components with a 11.2% share. Computer equipment accounted for only 1.2% of the total, while consumer production was negligible. In 2019, the control and instrumentation segment on the back of a sharp rise in exports posted an increase of 11.5% and compared to growth of 5.3% in 2018. Declining demand, both domestically and in key export markets as a result of COVID-19 resulted in output declining by 9.2% in 2020 but is forecast to rebound and post growth of 4.3% in 2021.

 

Table of Contents

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

Product Coverage

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

The Swedish 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 the Sweden.

Last Update: May 2021

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