Forecast: Number of Employees in Manufacture of Electric Lighting Equipment Sector in the UK

In 2023, the number of employees in the UK's electric lighting equipment manufacturing sector stood at approximately 16,020. From 2024, forecasts predict a steady increase, with projections reaching 16.59 thousand by 2028.

The year-on-year percentage variation indicates a consistent growth rate, with minor annual increases. The compound annual growth rate (CAGR) from 2024 to 2028 reflects a slow but persistent upward trend.

Future trends to watch include:

  • Technological advancements in energy-efficient lighting solutions.
  • Potential impacts of industry regulations on employment growth.
  • Market demand shifts due to sustainability initiatives and smart home technologies.

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