In 2023, Austria led European sold production of electrical resistors (excluding heating resistors) with a 42.19% share. Germany and Croatia followed, holding 23.73% and 19.82% respectively. Austria saw a positive year-on-year growth of 7.14%, while Germany and Croatia experienced declines of 4.21% and 4.75%. Notably, Italy witnessed a significant surge in production with a 43.6% increase, while Denmark's production nearly doubled. Despite minor declines in some regions, the overall market is stable, with emerging players showing potential for growth.
Looking ahead, future trends to watch include increased automation and digitalization in production processes, which could further consolidate Austria's leadership. Additionally, shifting demands for electronic components in various industries might spur growth in countries like Italy and Denmark, while Germany and Croatia may seek innovative approaches to counteract their declining shares.
Top countries in Sold Production of Electrical Resistors, Except Heating Resistors Share by Country (Units (Items))
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Austria | 42.19 | 2023 | +10.72% | +7.14% | View data |
| 2 | 2 Germany | 23.73 | 2023 | +5.54% | -4.21% | View data |
| 3 | 3 Croatia | 19.82 | 2023 | -1.54% | -4.75% | View data |
| 4 | 4 Czechia | 8.12 | 2023 | |||
| 5 | 5 Romania | 4.08 | 2023 | +6.85% | +2.17% | View data |
| 6 | 6 Slovenia | 0.84 | 2023 | +0.39% | -0.045% | View data |
| 7 | 7 Portugal | 0.75 | 2023 | +13.33% | +5.01% | View data |
| 8 | 8 Italy | 0.28 | 2023 | -1.7% | +43.6% | View data |
| 9 | 9 France | 0.16 | 2023 | +25.88% | +1.78% | View data |
| 10 | 10 Denmark | 0.061 | 2023 | +44.31% | +98.2% | View data |
