In 2023, Germany led the European market for electrical resistors (except heating resistors) with a production value of €419.41 million, followed by Austria at €312.87 million. France and Italy showed moderate production values, while smaller markets like Slovenia, Denmark, and the UK had lower output levels. Notably, Hungary experienced significant growth with a 59.1% increase, whereas the UK faced a sharp decline of 21.5%. Over the last five years, trends indicate moderate growth across most regions, with fluctuations largely driven by technological advances and market demand changes.
Future trends to watch include:
- Technological advancements driving increased efficiency and demand.
- The impact of regulatory changes and environmental standards on production practices.
- Potential shifts in supply chains or manufacturing capabilities across Europe due to geopolitical factors.
- Continued investment in emerging markets such as Eastern Europe.
Top countries in Sold Production of Electrical Resistors, Except Heating Resistors by Country
| # | 10 Countries | Euros | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Germany | 419,410,000 | 2023 | +8.14% | +1.41% | View data |
| 2 | 2 Austria | 312,870,000 | 2023 | +7.18% | +4.15% | View data |
| 3 | 3 France | 76,329,000 | 2023 | +1.02% | +0.78% | View data |
| 4 | 4 Italy | 59,789,000 | 2023 | +3.69% | +19.52% | View data |
| 5 | 5 Slovenia | 28,827,000 | 2023 | +3.09% | +4.09% | View data |
| 6 | 6 Denmark | 21,730,000 | 2023 | +6.77% | +1.73% | View data |
| 7 | 7 United Kingdom | 11,843,000 | 2023 | -23.54% | -21.5% | View data |
| 8 | 8 Portugal | 10,086,000 | 2023 | +10.28% | +4.45% | View data |
| 9 | 9 Czechia | 8,234,600 | 2023 | |||
| 10 | 10 Croatia | 6,916,300 | 2023 | +2.31% | -0.78% | View data |
