The gross investment in the manufacturing of communication equipment sector in Belgium has shown considerable fluctuations from 2013 to 2023. It experienced notable peaks in 2014 and 2019, recording annual increases of 36.41% and 89.66%, respectively. However, there also have been significant declines, marked by a 59.37% decrease in 2016 and a 38.26% drop in 2021. In 2023, the investment stood at 5.4 million euros, reflecting a decline of 12.9% from the previous year. The average variation per year (CAGR) over the last five years was -1.42%, indicating a slight downward trend.
For the forecast period from 2024 to 2028, a continuous decline is projected, with the investment expected to drop to 1.5 million euros by 2028. The forecasted CAGR over these five years is -20.08%, showing a substantial annual decrease. As observed, the cumulative decline over this period is projected to be 67.39%.
Future Trends to Watch For:
- Increased digitization and automation within the sector may drive renewed investments.
- Potential impacts of policy changes and European Union directives on communication infrastructure funding.
- Advancements in 5G technology could rejuvenate the sector and alter investment trajectories.
- Market shifts due to geopolitical factors and changes in global supply chains.
