The forecast for the sold production of fixed electrical resistors with a power handling capacity of more than 20 W in Germany indicates a steady increase from 2024 to 2028. In 2023, the market stood at 78.961 million euros. Year-on-year growth rates show consistent incremental increases: 0.54% in 2024, 0.54% in 2025, 0.54% in 2026, 0.53% in 2027, and 0.52% in 2028. The five-year compound annual growth rate (CAGR) averages approximately 0.53% per year.
Future trends to watch for include:
- Technological advancements in resistor production, potentially enhancing efficiency and performance.
- Market demand driven by developments in renewable energy and electric vehicles.
- Economic factors such as changes in raw material costs and energy prices could impact production costs and market growth.