The employment in the electric lighting equipment sector in Sweden has shown a gradual but varying trend over the past decade. From 2013 to 2023, the number of employed personnel slightly declined, hitting its lowest point in 2015. Post-2015, the sector experienced a recovery phase, marked by modest year-on-year increases, reaching 2.88 thousand employees in 2023. This steady growth reflects an overall healthy sector despite some fluctuations.
Forecasting from 2024 onwards, the employment figures are expected to continue their upward trend, with projections indicating a reach of 2.93 thousand employees by 2028. The forecasted compound annual growth rate (CAGR) over the next five years is 0.22%, pointing towards a phase of stabilization. However, the year-on-year growth rates suggest a generally slow but positive inclination.
Future trends to watch for include advancements in smart lighting and energy-efficient lighting systems, which could create new employment opportunities. Additionally, regulatory changes and environmental concerns pushing for sustainable lighting solutions might further drive growth in employment within this sector.
