ZVEI – Market for electronic security technology is growing solidly

ZVEI - Germany’s Electrical Industry

Joint press release from BHE and ZVEI

 

  • Despite significant differences, all specialist sectors show growth
  • Legal framework and construction industry challenge industry, digitization offers further growth opportunities
  • Skilled labor shortage is becoming a growing problem

 

In 2023, the market for electronic security technology in Germany recorded a 3.6 percent increase in sales to more than 5.3 billion euros.