In 2023, the electrical equipment and electronics turnover in Sweden stood at 6.40 billion Euros. The 2024-2028 forecast indicates a gradual decline from 6.38 billion Euros in 2024 to 6.27 billion Euros in 2028. The year-on-year variation showcases a slight decrease of approximately 0.47% from 2024 to 2025, 0.32% from 2025 to 2026, 0.47% from 2026 to 2027, and 0.48% from 2027 to 2028. Over the last two years, the turnover is expected to decline by approximately 1.58%, with an average annual variation (CAGR) over the next five years being around -0.42%.

Future trends to watch for:

Technological advancements and innovations in the electrical equipment and electronics sector.
Macroeconomic factors affecting consumer and business spending.
Government policies and regulations impacting the industry.
Shifts in global supply chain dynamics and their effect on domestic production and import-export balances.