The Passive Networks Components market in the Czech Republic, valued at 107.37 million Euros in 2023, exhibits a downward trend characterized by negative year-on-year changes over recent years. The market saw steady growth up to 2017, with the highest point recorded at 182.51 million Euros. However, since 2018, the market has contracted with a consistent year-on-year decline, culminating in a CAGR of -9.12% over the past five years.
Future trends to watch for:
- Emergence and integration of new technologies which might revive market growth.
- Potential shifts in manufacturing bases or supply chain restructures affecting component availability or cost.
- Economic recovery's impact on electronics and related industries that rely on passive networks.
- Regulatory changes or advances in energy-efficient technologies that could impact market dynamics positively.
How does the Czech Republic rank in Passive Networks Components (Resistor Networks And/or Capacitor Networks) Market Size Value?
| # | 6 Countries | Euros | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Hungary | 3,416,900,000 | 2023 | +8.31% | +3.97% | View data |
| 2 | 2 Germany | 611,130,000 | 2023 | +3.16% | +3.34% | View data |
| 3 | 3 France | 281,690,000 | 2023 | +5.96% | +4.1% | View data |
| 4 | 4 United Kingdom | 211,250,000 | 2023 | +1.25% | +1.34% | View data |
| 5 | 5 Czech Republic | 107,370,000 | 2023 | -10.53% | -9.12% | |
| 6 | 6 Denmark | 89,479,000 | 2023 | +1.22% | +0.62% | View data |