The market for fixed electrical resistors with a power handling capacity of less than 20 W in Sweden stood at 12.62 million euros in 2023. From 2013 to 2023, the market has experienced fluctuations with year-on-year variations, peaking notably in 2018 and showing the highest growth from 2020 onwards. Over the last five years, the compound annual growth rate was 2.59%, reflecting a stabilized growth trajectory despite earlier volatility.
Future trends to watch include advancements in technology leading to more efficient resistors and potential shifts in demand driven by Sweden's increasing focus on sustainable and energy-efficient electrical components. Other influencing factors could be regulatory changes and emerging market competition.
