From 2013 to 2018, the Electric Lighting Equipment sector in Spain showed a consistent increase in hours worked, peaking at 19.033 million hours in 2018. A marked decline followed in 2019, with fluctuations leading to a slight recovery by 2023, where it stood at 16.495 million hours. The data reveals a downward trend from 2024 onwards, projecting a continuous decline to 15.393 million hours by 2028. Year-on-year variation and average annual changes highlight recent stability, but the five-year CAGR forecasts a modest annual decline of 1.1% through 2028.

Future trends to watch for: