Manufacturing · European Union · NACE Rev. 2 C27

Electrical Component Manufacturing in European Union: Market Size, Businesses & Forecast 2026

The electrical component manufacturing industry in the European Union involves the production of items that generate, distribute, and transmit electric power, as well as lighting and battery systems. According to Eurostat Structural Business Statistics, the wider electrical and electronic equipment sector employs nearly 3.2 million persons, underscoring its scale in the region. Recent industrial tracking by Eurostat indicates that the EU's total value of sold production in manufacturing stood at €5,860 billion in 2024, though broader manufacturing output faced a year-on-year decrease of 2.0% in 2024. Moving forward, the industry is transitioning heavily toward supporting renewable energy inf

Outlook
Growing
Competition
High, rising

Industry snapshot

Demand drivers
Renewable Grid Infrastructure Transf
Industrial Automation and Industry 4
Electric Vehicle and Battery Product
Ecodesign and Energy Efficiency Regu
Relative importance, Claight qualitative assessment.
Market structure
fragmented
moderate
concentrated
Competitive intensity
high, rising
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Key public data points

EU total value of sold industrial production (2024)5,860,000 million EUR
Claight est. 20266,338,176 million EUR
Source: Eurostat Industrial Production Statistics 2024
EU year-on-year industrial manufacturing production volume (2024)-2.00 percent
Claight est. 2026-2.08 percent
Source: Eurostat Industrial Production Statistics 2024
Germany share of EU value of sold industrial production (2024)26.0 percent
Claight est. 202628.1 percent
Source: Eurostat Industrial Production Statistics 2024
Italy share of EU value of sold industrial production (2024)14.0 percent
Claight est. 202615.1 percent
Source: Eurostat Industrial Production Statistics 2024
France share of EU value of sold industrial production (2024)12.0 percent
Claight est. 202613.0 percent
Source: Eurostat Industrial Production Statistics 2024
EU maximum electrical capacity share of solar photovoltaic (2023)22.3 percent
Claight est. 202623.7 percent
Source: Eurostat Electricity and Heat Statistics 2023
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Industry Definition and Scope

What does the Electrical Component Manufacturing in European Union industry cover?

The sector encompasses the manufacture of products that generate, distribute, and use electrical power across the European Union. This classification captures critical subsectors vital to modern infrastructure, infrastructure transformation, and daily consumer utility.

  • Classified officially under NACE Rev. 2 Division C27.
  • Includes the production of electric motors, generators, power transformers, and electricity distribution apparatus.
  • Covers industrial and residential wiring devices, electric lighting equipment, and domestic appliances.
  • Encompasses the manufacturing of batteries, accumulators, primary cells, and specialized storage components.

Market Structure and Operators

Who operates in the industry and how is it structured?

The European electrical component manufacturing landscape is characterized by a mix of massive multinational conglomerates and a dense network of small and medium-sized enterprises (SMEs) providing specialized sub-contracted operations. Production is highly concentrated in specific member states, driven by historical industrial hubs and engineering specialization.

  • Germany represents the largest manufacturing contributor in the EU, recording 26% of the total value of sold production in 2024 according to Eurostat.
  • Italy and France follow as major hubs, accounting for 14% and 12% of the EU's value of sold industrial production in 2024 respectively.
  • Sub-contracted operations within the EU account for approximately 10.3% of industrial production volume as of 2024 Eurostat reporting.
  • The broader electrical and electronic equipment manufacturing segment employs 9.3% of the total EU manufacturing workforce.
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Demand Drivers

What drives demand in the industry?

Demand is heavily dictated by the European Union's structural shifts toward green energy, automation, and domestic supply chain resilience. Macroeconomic updates like high electricity costs and energy security initiatives accelerate the replacement of legacy industrial parts.

  • Expansion of renewable energy infrastructure, with EU solar photovoltaic capacity growing to 22.3% of maximum electrical capacity by 2023.
  • Wind energy installations driving demand for heavy-duty generators and grid stabilization apparatus, comprising 19.7% of EU capacity in 2023.
  • Rapid adoption of industrial automation, smart manufacturing lines, and robotics requiring advanced electric drives and control systems.
  • The widespread expansion of the electric vehicle market, generating massive demand for localized battery pack and accumulator manufacturing.

Competitive Landscape and Notable Public Companies

Who are the notable companies in the industry?

The market features intense competition among globally integrated industrial actors that maintain extensive manufacturing footprints, research facilities, and logistics networks across multiple EU member states. These organizations frequently collaborate with regional utilities and automotive OEMs to embed their components into long-term infrastructure frameworks.

  • Siemens AG, a major German multinational specializing in automation, industrial controls, and grid distribution components.
  • Schneider Electric SE, a French global leader operating heavily across the EU in energy management and electrical distribution equipment.
  • ABB Ltd, a Swiss-headquartered multinational with massive, deeply integrated production and engineering operations across the EU market.
  • Legrand SA, a public French firm specialized in electrical wiring devices, cable management, and digital building infrastructures.

Recent Trends and Outlook

What are the recent trends and outlook?

The industry faces a complex short-term operational environment due to fluctuations in broader European manufacturing output, contrasted against aggressive long-term electrification targets. Raw material supply chains are shifting toward strategic autonomy to reduce vulnerabilities in critical inputs.

  • Total EU value of sold production decreased by 1.9% in 2024 current prices, reflecting broader industrial headwinds across member states.
  • Producer price indices for the manufacture of other electrical equipment reached a record high of 115.60 points in April 2026 according to Eurostat data.
  • Strategic emphasis on reducing import reliance for battery manufacturing, where the EU historically relied heavily on external sourcing for refined minerals.
  • Integration of digital technologies, artificial intelligence, and real-time monitoring directly into power management and componentry designs.
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Regulation and Compliance

How is the industry regulated?

Operations are governed by stringent EU directives aimed at ensuring environmental sustainability, workplace safety, and circular economy compliance. Manufacturers must continuously adapt product designs to align with shifting ecodesign mandates and chemical restrictions.

  • Compliance with the EU Ecodesign Directive, mandating strict energy efficiency performance for electric motors, transformers, and appliances.
  • Adherence to RoHS (Restriction of Hazardous Substances) and REACH regulations governing chemical usage in electrical assemblies.
  • Ongoing regulatory updates regarding PFAS restrictions, impacting specialized fluoropolymers used in high-performance insulation.
  • Strict adherence to EU battery regulations establishing mandatory recycling targets and carbon footprint declarations for accumulators.

Sources

Government, statistical and trade sources used for this Claight analysis.

  • Eurostat Industrial Production Statistics 2024 ·
  • Eurostat Businesses in the Manufacturing Sector 2023 ·
  • Eurostat Electricity and Heat Statistics 2023 ·
  • Eurostat Industrial Producer Price Indicators 2026 ·
  • European Commission Sectoral and Eco-system Analysis Reports 2024-2025

Claight analysis of public industry data.