The market size for electricity distribution and control apparatus in the Netherlands has shown a clear upward trend from €475.73 million in 2013 to a forecasted €1830.2 million by 2028. Year-on-year growth fluctuated, with peaks in 2015 (37.87%) and declines in 2021 (-7.44%). The 5-year CAGR is projected to be 3.96%, with a cumulative growth rate over the next five years of 21.44%. Notably, yearly variations have stabilized in recent years, suggesting a maturing market.
Future trends to watch include advancements in smart grid technologies, investment in renewable energy infrastructures, and regulatory changes that could impact market dynamics. The focus on sustainability and digitalization will likely drive further growth in this sector.
