Europe’s technology industries in 2019: Modest growth but risks ahead
Orgalim’s economists compile and analyse the latest data and forecasts of the technology industries twice a year. Specifically, we analyse the economic trends of metal products, mechanical engineering and electrical engineering, electronics, ICT and instruments, as well as the sector installation and repair services.
Based on the official data available, we estimate that the technology industries’ total turnover value in the European Union reached about €2,189 billion in 2018, of which €181 billion was in installation and repair services. Employment in the technology industries was equal to 11.41 million people, of whom 1.28 million were working in installation and repair services.
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