The 2023 data on the European sold production of passive network components, namely resistor and capacitor networks, reveals that Italy, Hungary, and Germany lead the market. Italy reported the largest production volume at 158.63 million items, followed closely by Hungary and Germany. Notable year-on-year changes include Italy's substantial increase of 17%, with Hungary and Germany also experiencing moderate growth. Conversely, Spain saw a decline in production by 4.29%. The United Kingdom experienced an exceptional rise with a 63.82% variation. The 5-year CAGR for different countries suggests a pattern of modest growth with some countries showing high annual increases.
Future trends to watch for include a potential consolidation among leading producers like Italy and Hungary, while emerging economies such as Estonia and Sweden could gain ground via technological advancements. Watch for fluctuations in legislative impacts on production costs, as well as shifts in demand driven by evolving electronic applications and innovations in the industry.
Top countries in Sold Production of Passive Networks Components (Resistor Networks And/or Capacitor Networks) by Country
| # | 10 Countries | Units (Items) | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Italy | 158,630,000 | 2023 | +13.87% | +17% | View data |
| 2 | 2 Hungary | 149,930,000 | 2023 | +3.43% | +2.53% | View data |
| 3 | 3 Germany | 140,790,000 | 2023 | +5.35% | +5.16% | View data |
| 4 | 4 Poland | 43,666,000 | 2023 | +6.1% | +5.9% | View data |
| 5 | 5 Austria | 33,645,000 | 2023 | +0.95% | +4.3% | View data |
| 6 | 6 Czechia | 22,672,000 | 2023 | |||
| 7 | 7 Spain | 10,098,000 | 2023 | -0.18% | -4.29% | View data |
| 8 | 8 Slovenia | 8,896,800 | 2023 | +1.18% | -0.21% | View data |
| 9 | 9 Portugal | 8,343,600 | 2023 | +0.0086% | +3.24% | View data |
| 10 | 10 France | 2,792,700 | 2023 | +4.49% | +7.94% | View data |
