Market Forecast By Types (Passive , Active, Electro Mechanic), By Applications (Automotive, Communications, Industrial, Computing Applications, Others) And Competitive Landscape
Product Code: ETC036518 | Publication Date: Jun 2024 | Updated Date: Jan 2025 | Product Type: Report | |
Publisher: 6Wresearch | No. of Pages: 70 | No. of Figures: 35 | No. of Tables: 5 | |
Report Name | Romania Electronic Components market |
Forecast period | 2025-2031 |
Forecast size | USD 3.8 Billion by 2031 |
CAGR | 7.8% |
Growing Sector | Electronics |
The Romania Electronic Components market report thoroughly covers the market by type and by application. The report provides an unbiased and detailed analysis of the on-going market trends, opportunities/high growth areas, and market drivers which would help the stakeholders to devise and align their market strategies according to the current and future market dynamics.
In 2025, the Romania Electronic Components market is valued at approximately $ 2.4 billion, with a projected compound annual growth rate (CAGR) of 7.8% over the next five years. Additionally, by 2031, the market is expected to reach around $ 3.8 billion. The electronics sector holds significant position in the overall market.
The Romania electronic components market is witnessing steady growth, driven by the country’s expanding manufacturing and IT sectors, along with its strategic position within the European Union. As a key player in the region’s electronics supply chain, Romania is benefiting from rising demand for electronic components in industries such as automotive, telecommunications, industrial automation, and consumer electronics. The increasing adoption of electric vehicles (EVs) and the rollout of 5G networks are boosting the demand for semiconductors, sensors, power management systems, and connectivity components.
Romania’s growing focus on digital transformation, smart manufacturing, and renewable energy technologies further supports the demand for advanced electronic components. Additionally, Romania’s strong IT talent pool, competitive labor costs, and government support for innovation make it an attractive destination for both domestic and foreign investment in the electronics sector.
According to 6Wresearch, Romania Electronic Components market size is projected to grow at a CAGR of 7.8% during 2025-2031. The growth of Romania’s electronic components market is primarily driven by the expansion of the automotive sector, particularly the rising demand for electric vehicles (EVs) and the corresponding need for electronic components such as power management systems, sensors, and electric drivetrains. Additionally, the telecommunications sector’s ongoing transition to 5G technology is fueling the demand for semiconductors, RF components, and connectivity solutions. Romania’s industrial automation and IoT adoption are also key growth drivers, as the country modernizes its manufacturing sector and integrates advanced technologies into smart factories. Furthermore, Romania’s skilled labor force, competitive manufacturing costs, and EU membership provide a solid foundation for attracting foreign investments.
However, the Romania Electronic Components industry faces challenges such as geopolitical uncertainties, particularly the ongoing conflict in Ukraine, which has disrupted regional supply chains. The country’s dependence on imported raw materials and high-tech components, along with the need for continuous infrastructure development, presents potential risks to market stability. Additionally, Romania must address the global semiconductor shortage and enhance local production capabilities to reduce supply chain vulnerabilities and ensure long-term market growth.
Key companies in Romania's electronic components market include Delphi Electronics & Safety, a major player in automotive electronics, providing components for electric vehicles (EVs), safety systems, and powertrain solutions. Continental Automotive Romania is another significant company, focusing on advanced automotive components such as sensors, control units, and connectivity modules. STMicroelectronics has a strong presence in Romania, specializing in semiconductors, sensors, and power management systems used in various industries like automotive, telecommunications, and consumer electronics.
Samsung Electronics Romania manufactures a wide range of electronic components, including displays and memory modules. Additionally, some of these players hold majority of the Romania Electronic Components market share. Moreover, Renesas Electronics Romania is involved in the production of automotive and industrial semiconductor solutions, while NXP Semiconductors Romania focuses on smart transportation and IoT applications.
Government regulations in Romania’s electronic components market are closely aligned with European Union directives and standards, particularly those related to environmental sustainability, product safety, and consumer protection. Key regulations include RoHS (Restriction of Hazardous Substances), REACH (Registration, Evaluation, Authorization, and Restriction of Chemicals), and WEEE (Waste Electrical and Electronic Equipment), which govern the reduction of harmful substances and the recycling of electronic waste. Further, these initiatives have further boosted the Romania Electronic Components market revenues.
Furthermore, Romania adheres to EU regulations on the CE marking, ensuring that electronic products meet safety, health, and environmental protection standards. The country also follows the EU Digital Strategy, which promotes the development of 5G networks, IoT, and digital infrastructure, further driving the demand for electronic components. Romania’s government is actively supporting initiatives to foster Industry 4.0, encouraging innovation in smart manufacturing and automation, and providing incentives for research and development in electronic technologies.
The future of Romania's electronic components market looks promising, with significant growth expected across several key sectors, particularly automotive, telecommunications, and industrial automation. As the demand for electric vehicles (EVs) accelerates, the need for specialized components such as battery management systems, electric drivetrains, and power electronics will continue to rise, positioning Romania as an important player in the EV supply chain. The expansion of 5G networks and the increasing adoption of IoT technologies will further drive demand for semiconductors, connectivity solutions, and sensors.
Additionally, Romania's focus on smart manufacturing, renewable energy, and sustainability will fuel the need for energy-efficient and eco-friendly electronic components. With strong support from the government for digital transformation and innovation, coupled with the country’s competitive labor costs and skilled workforce, Romania is poised to become a key hub for electronic component manufacturing in Europe, attracting both local and foreign investments in the coming years.
According to Ravi Bhandari, Research Head, 6Wresearch, Romania’s electro-mechanic type growth is driven by the increasing demand for components that integrate both electrical and mechanical systems, particularly in the automotive, industrial automation, and renewable energy sectors. As Romania modernizes its manufacturing base with Industry 4.0 technologies, there is a notable rise in the need for electro-mechanical systems such as motors, actuators, sensors, and robotics that combine electrical power with mechanical motion.
This growth is further accelerated by the automotive sector’s shift towards electric vehicles (EVs), which require advanced electro-mechanical systems for components like electric drivetrains, power management units, and braking systems. Additionally, the integration of electro-mechanics in smart manufacturing, robotics, and energy-efficient technologies is creating new opportunities for innovation and investment, making Romania a key player in the development of these high-tech solutions.
The automotive application growth in Romania’s electronic components market is significantly driven by the rise of electric vehicles (EVs) and the increasing demand for advanced automotive technologies. As Romania positions itself as a key hub for automotive manufacturing, the need for specialized electronic components such as power management systems, battery management systems, sensors, electric drivetrains, and connectivity modules continues to rise.
The push for greener, more energy-efficient vehicles, coupled with the country’s automotive industry transformation towards electric and autonomous vehicles, is further fueling demand for high-performance electronic components. Additionally, Romania's growing participation in the European Union’s green transition initiatives and its proximity to major automotive manufacturers are boosting the market for automotive electronics, making it a critical sector for both local and foreign investments.
The report offers a comprehensive study of the subsequent market segments:
1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 Romania Electronic Components Market Overview |
3.1 Romania Country Macro Economic Indicators |
3.2 Romania Electronic Components Market Revenues & Volume, 2021 & 2031F |
3.3 Romania Electronic Components Market - Industry Life Cycle |
3.4 Romania Electronic Components Market - Porter's Five Forces |
3.5 Romania Electronic Components Market Revenues & Volume Share, By Types, 2021 & 2031F |
3.6 Romania Electronic Components Market Revenues & Volume Share, By Applications, 2021 & 2031F |
4 Romania Electronic Components Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Romania Electronic Components Market Trends |
6 Romania Electronic Components Market, By Types |
6.1 Romania Electronic Components Market, By Types |
6.1.1 Overview and Analysis |
6.1.2 Romania Electronic Components Market Revenues & Volume, By Types, 2021 - 2031F |
6.1.3 Romania Electronic Components Market Revenues & Volume, By Passive , 2021 - 2031F |
6.1.4 Romania Electronic Components Market Revenues & Volume, By Active, 2021 - 2031F |
6.1.5 Romania Electronic Components Market Revenues & Volume, By Electro Mechanic, 2021 - 2031F |
6.2 Romania Electronic Components Market, By Applications |
6.2.1 Overview and Analysis |
6.2.2 Romania Electronic Components Market Revenues & Volume, By Automotive, 2021 - 2031F |
6.2.3 Romania Electronic Components Market Revenues & Volume, By Communications, 2021 - 2031F |
6.2.4 Romania Electronic Components Market Revenues & Volume, By Industrial, 2021 - 2031F |
6.2.5 Romania Electronic Components Market Revenues & Volume, By Computing Applications, 2021 - 2031F |
6.2.6 Romania Electronic Components Market Revenues & Volume, By Others, 2021 - 2031F |
7 Romania Electronic Components Market Import-Export Trade Statistics |
7.1 Romania Electronic Components Market Export to Major Countries |
7.2 Romania Electronic Components Market Imports from Major Countries |
8 Romania Electronic Components Market Key Performance Indicators |
9 Romania Electronic Components Market - Opportunity Assessment |
9.1 Romania Electronic Components Market Opportunity Assessment, By Types, 2021 & 2031F |
9.2 Romania Electronic Components Market Opportunity Assessment, By Applications, 2021 & 2031F |
10 Romania Electronic Components Market - Competitive Landscape |
10.1 Romania Electronic Components Market Revenue Share, By Companies, 2024 |
10.2 Romania Electronic Components Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |