What sectors of electronics are thriving in today’s economy?

Despite global economic uncertainties, the electronics industry in Europe is experiencing robust growth — particularly in semiconductors, renewable energy and medical devices. These sectors are not only driving innovation but also creating significant demand for specialised talent across the DACH region.
 

Semiconductors: Powering the digital age

The semiconductor industry is undergoing a resurgence. In 2024, global semiconductor sales reached $627.6 billion, a 19.1% increase from the previous year. Europe’s semiconductor market was valued at around $126.3 billion and is projected to grow at a rate of over 5% annually, potentially reaching over $217 billion by 2033.
 
This growth is being driven by advancements in 5G, IoT, AI, and the electrification of vehicles. Investment is also pouring into infrastructure, with a new €11 billion semiconductor plant planned in Dresden — a joint venture between major global players — aimed at supporting the automotive and industrial electronics sectors.
 

Renewable energy: A surge in sustainable electronics

Europe’s push toward net-zero is fuelling rapid innovation in electronics for renewable energy. In 2024, almost 47% of electricity across the EU came from renewable sources — with Germany, Denmark and Austria among the leaders.
 
This shift demands a new generation of power electronics, control systems and battery storage solutions. As a result there is rising demand for electronics engineers who can support wind turbine control systems, solar energy inverters and grid integration technologies.
 

Medical devices: Advancing healthcare through innovation

The medical device sector remains one of the most stable and fast-growing areas in electronics. Europe represents over a quarter of the global medical device market, valued at approximately €140 billion.
 
With growing demand for diagnostic, monitoring and wearable medical technology there is a strong need for engineers with experience in embedded systems, wireless communications and safety-critical software. Devices such as portable heart rate monitors, glucose sensors and remote care equipment all require high-precision electronics expertise.
 

IntaPeople: Supporting growth with specialist talent

As these sectors grow, so does the pressure on hiring managers to secure highly skilled engineers — and that’s where IntaPeople can help.
 
We work with companies across Germany, Austria and Switzerland to source specialist electronics and embedded software professionals. Whether you’re developing semiconductors for automotive applications, building battery management systems for renewables or engineering class II/III medical devices, we understand the technical requirements and regulatory challenges you face.
 
With access to a wide network of permanent and freelance professionals, we help you scale your teams efficiently — without compromising on quality.