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Electronics Industry in Austria

It is no coincidence that the lighting of the famous tower clock in the pilgrimage city of Mecca comes from Austria.This is because Austrian industry is one of the most specialized in Europe when it comes to manufacturing in the fields of electronics and electrical engineering. With a workforce of 67,000 (in 2017), the electrical and electronics industry is the second biggest industrial employer in Austria.

As a strong export-oriented industrial sector (about two-thirds of the manufactured products are exported to 150 countries across the globe), the companies are disproportionately involved in international economic activity. The electrical and electronics industry accounts for one-third of total R&D expenditures of Austrian industry. The electronics industry succeeded in sustainably safeguarding its competitiveness in its main business segments thanks to high research expenditures and a resolute innovation orientation.

Many companies, from Infineon, Eaton and Alcatel to Hewlett Packard, Siemens and Sony already benefit from the numerous advantages of Austria as a business location. They have set up international R&D centers in Austria as well as production facilities to manufacture quality products.

Electronic components “Made in Austria” are particularly coveted internationally, from LED lighting and semiconductor components to generators and tram cars. Austria’s semiconductor industry plays an important role, especially with respect to automobile electronics. On balance, active electronic components and printed circuit boards at a value of EUR 3.3 billion were manufactured in Austria in 2016. This comprises a rise of about 20 percent from 2015. Growth speeded up considerably in 2017. (See Bank Austria's Sector Report on the Electrical and Electronics Industry 2017)

 

Please find more Information on Electronics in Austria here.

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The openness towards innovations, that one can find everywhere within Austria was our basis to bring FAIRTIQ to Austria first, after Switzerland and Liechtenstein. FAIRTIQ is looking forward to accompany our existing and also our new partners in Austria on all their upcoming and successful journeys.

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