The forecasted sold production of Semiconductor Light Emitting Diodes (LEDs) in Sweden is projected to grow steadily from 14.235 million Euros in 2024 to 15.388 million Euros in 2028. The year-on-year percentage variations indicate a consistently modest increase: approximately 2.1% from 2024 to 2025, 2.0% from 2025 to 2026, 1.9% from 2026 to 2027, and 1.9% from 2027 to 2028. In 2023, the value stood at 13.935 million Euros, denoting a stable upward trajectory.

Future trends to watch for:

Innovation in LED technology contributing to higher efficiency and lower production costs.
Increasing adoption of LEDs in smart city infrastructure and automotive industries.
Potential impact of regulatory changes on production and environmental standards.