The turnover in the installation of industrial machinery and equipment sector in Switzerland is forecasted to decline sharply from 2024 to 2028. In 2023, the turnover stood at 236.0 million Swiss Francs. The forecasted values show a significant year-on-year decrease: 192.8 million in 2024 (-18.3%), 149.6 million in 2025 (-22.4%), 106.9 million in 2026 (-28.5%), 64.7 million in 2027 (-39.5%), and 22.8 million in 2028 (-64.7%). Over the last five years, the Compound Annual Growth Rate (CAGR) reflects an average annual decrease of approximately 37.8%.
Future trends to watch for include:
- Technological advancements that might disrupt traditional installation processes.
- Potential shifts in industrial demand or changes in regulatory environments.
- Adoption of automation and Industry 4.0 technologies that could reduce the need for manual installations.
- Economic factors that may influence capital investment in industrial machinery and equipment.