The production of electrical equipment in Finland stood at 5.85 billion Euros in 2023. Forecasted data indicates a steady year-on-year increase: 2.39% in 2024, 2.00% in 2025, 1.80% in 2026, 1.93% in 2027, and 1.73% in 2028. Over the last two years (2024-2025), the production is expected to grow by an average of 2.20% annually. The compound annual growth rate (CAGR) over the five-year period from 2024 to 2028 is projected to be 1.97%, reflecting a stable and moderate growth trend in Finland's electrical equipment production sector.
Future trends to watch for include the impact of global supply chain disruptions, technological advancements in electrical equipment, and increased demand for renewable energy solutions. Additionally, policies and investment in infrastructure could further influence production volumes. Monitoring these factors will be essential for accurate forecasting and strategic planning.
