The value added of electrical equipment in the Netherlands has shown variability over the past decade. From 2013 to 2019, there was a positive growth trend, peaking at 3.0 billion euros in 2019. A significant dip occurred in 2020, dropping to 2.53 billion euros, followed by a robust recovery in 2021. The CAGR over the past 5 years has averaged 1.76%. In 2023, the value stood at 3.2 billion euros. Forecasts suggest steady growth up to 2028, with a projected average annual growth rate of 1.2% and a total growth of 6.14% over the next five years.

Future trends to watch for include:

Technological advancements driving efficiencies in production.
Increased demand for sustainable and energy-efficient electrical equipment.
Potential market disruptions from economic fluctuations or geopolitical tensions.