From 2012 to 2022, the Electric Lighting Equipment Market Size Value Per Capita in Spain has shown significant variation. Starting at 35.28 Percent Euros Per Capita in 2012, it decreased to 31.59 by 2013 and further dipped to 31.05 in 2014. The market rebounded in 2015 with a value of 39 and continued on an upward trend, reaching 46.08 by 2022. The year-on-year variation over the last two years (2021-2022) indicates a positive trend with respective growths of 21.78% in 2021 and 1.54% in 2022. The compound annual growth rate (CAGR) over the last five years (2018-2022) averages at 1.83% annually.
Future trends to watch for in the electric lighting equipment market include advancements in LED technology, increased government regulations on energy efficiency, and the growing adoption of smart lighting systems. Additionally, the shift towards sustainable and eco-friendly products may further influence market dynamics.
How does Spain rank in Electric Lighting Equipment Market Size Value Per Capita?
| # | 10 Countries | Euros Per Capita | Last Year | |
|---|---|---|---|---|
| 1 | 1 Finland | 123.87 | 2023 | View data |
| 2 | 2 Sweden | 101.77 | 2023 | View data |
| 3 | 3 Denmark | 99.61 | 2023 | View data |
| 4 | 4 France | 75.41 | 2023 | View data |
| 5 | 5 Ireland | 72.44 | 2023 | View data |
| 6 | 6 United Kingdom | 69.17 | 2023 | View data |
| 7 | 7 Croatia | 49.97 | 2023 | View data |
| 8 | 8 Spain | 46.77 | 2023 | |
| 9 | 9 Portugal | 45.21 | 2023 | View data |
| 10 | 10 Latvia | 28.89 | 2023 | View data |
