The European market for electrical resistors, excluding heating resistors, reveals Germany and Austria as the dominant players, with Germany at the forefront holding the largest share. France and Italy follow, making up a smaller yet essential portion. Year-on-year performance in 2023 indicates significant growth in Italy and Hungary, with the United Kingdom facing notable decline. Over five years, the landscape has shown modest fluctuations, with growth in southern and eastern Europe, exemplified by Hungary's impressive growth rate, in contrast to stability in Western Europe.
Future trends to watch include the increasing role of technological advancements, impact of renewable energy adoption, and shifts in manufacturing strategies across Europe. These factors can influence production capacity and market shares, potentially altering country standings within this sector.
Top countries in Sold Production of Electrical Resistors, Except Heating Resistors Share by Country (Euros)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Germany | 41.68 | 2023 | +8.14% | +1.41% | View data |
| 2 | 2 Austria | 31.1 | 2023 | +7.18% | +4.15% | View data |
| 3 | 3 France | 7.59 | 2023 | +1.02% | +0.78% | View data |
| 4 | 4 Italy | 5.94 | 2023 | +3.69% | +19.52% | View data |
| 5 | 5 Slovenia | 2.87 | 2023 | +3.09% | +4.09% | View data |
| 6 | 6 Denmark | 2.16 | 2023 | +6.77% | +1.73% | View data |
| 7 | 7 United Kingdom | 1.18 | 2023 | -23.54% | -21.5% | View data |
| 8 | 8 Portugal | 1 | 2023 | +10.28% | +4.45% | View data |
| 9 | 9 Czechia | 0.82 | 2023 | |||
| 10 | 10 Croatia | 0.69 | 2023 | +2.31% | -0.78% | View data |
