The market size for fixed electrical resistors with a power handling capacity of more than 20 W in Hungary demonstrates a generally upward trajectory from 2013 to 2023, reaching a value of 7.196 million Euros in 2023. Notable fluctuations are observed, particularly in 2020 with a sharp decline of 17.56%, followed by a significant recovery in 2021 with a 21.68% increase. The CAGR over the past five years stands at 1.44%, indicating moderate growth.

Future trends to watch for:

Increased demand driven by advancements in technology and energy-efficient applications.
Potential volatility due to economic changes and supply chain challenges.
Innovation in materials used for resistors which may influence market dynamics.