In 2023, Germany led the European production of fixed electrical resistors for power capacities over 20 watts, valued at 78.956 million euros. Italy followed with 50.094 million euros, demonstrating significant growth of 15.37%. France recorded a stable market with a slight increase of 0.13%, while Denmark experienced a decline of 0.96%. Croatia and Estonia showed downturns of 2.13% and 3.83% respectively. Hungary, despite its minimal production value, remained constant.
Future trends indicate a potential surge in demand driven by advancements in industries such as renewable energy and electric vehicles. Countries with active investments in technology may see favorable growth prospects.
Top countries in Sold Production of Fixed Electrical Resistors for a Power Handling Capacity More than 20 W by Country
| # | 8 Countries | Euros | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Germany | 78,956,000 | 2023 | +5.14% | -0.31% | View data |
| 2 | 2 Italy | 50,094,000 | 2023 | +4.25% | +15.37% | View data |
| 3 | 3 France | 18,827,000 | 2023 | +2.64% | +0.13% | View data |
| 4 | 4 Denmark | 17,629,000 | 2023 | +1.61% | -0.96% | View data |
| 5 | 5 Czechia | 7,537,400 | 2023 | |||
| 6 | 6 Croatia | 2,383,500 | 2023 | +1.77% | -2.13% | View data |
| 7 | 7 Estonia | 68,280 | 2023 | +29.94% | -3.83% | View data |
| 8 | 8 Hungary | 1 | 2023 | 0% | View data |