In 2023, the sold production of electrical resistors, excluding heating resistors, in Italy was at 37.85 million items. The forecast from 2024 to 2028 shows a consistent decline: 2024 sees 37.205 million items, gradually decreasing each year to 34.683 million in 2028. The year-on-year percentage variation depicts a trend of reduction with a -1.72% average annual decrease (CAGR) over these years.
Future trends to watch for:
- Technological advancements could potentially disrupt the market dynamics.
- Shift towards renewable energy systems may affect demand for traditional electrical components.
- Global economic factors and raw material prices might further impact production levels.