The electric lighting equipment turnover per employee in Norway stood at 330.1 thousand euros in 2023. Based on the forecasted data for subsequent years, there is a gradual upward trend, with the value projected to be 331.0 thousand euros in 2024, increasing steadily to 337.2 thousand euros by 2028. The year-on-year percentage variation from 2023 to 2024 is approximately 0.27%, with slight incremental rises observed in subsequent years: 0.60% (2025), 0.51% (2026), 0.42% (2027), and 0.33% (2028). The compounded annual growth rate (CAGR) over the next five years is estimated to be 0.65%.
Future trends to watch for include advancements in energy-efficient lighting technology and smart lighting systems, which could drive productivity and turnover per employee even higher. Additionally, changes in regulations and increased investments in infrastructure and commercial construction projects could also positively impact the sector.