Based on the given forecast data, the electric lighting equipment turnover in Switzerland shows a consistent declining trend from 2024 to 2028. The turnover is expected to decrease from 332.3 million Euros in 2024 to 281.1 million Euros in 2028. The year-on-year variation percentages indicate a steady decline: -3.89% from 2024 to 2025, -4.02% from 2025 to 2026, -4.18% from 2026 to 2027, and -4.32% from 2027 to 2028. The compound annual growth rate (CAGR) across this period reflects an average yearly decline of approximately -4.10%.
Future trends to watch for include technological advancements in LED lighting, increasing energy efficiency standards, and potential shifts towards smart lighting solutions. Additionally, economic factors such as market saturation and competitive pressure from international markets could further influence the turnover trajectory in the Swiss electric lighting equipment industry.
