Examining the employment forecast for the Electric Lighting Equipment Manufacturing sector in Switzerland from 2024 to 2028 reveals a significant downward trend. The sector employed 952 Full-Time Equivalents (FTE) in 2023. From 2024, the employment numbers are projected to decrease consistently year-on-year. By 2025, employment is expected to drop by 14.7%, and by 22.6% from 2026 to 2027. Over the five years, the Compound Annual Growth Rate (CAGR) shows an average annual decline of 17.4% in employment.
Future trends to watch for include technological advancements leading to automation, which may further reduce the demand for human labor. Additionally, shifts towards sustainable and energy-efficient lighting solutions could alter the labor dynamics within the sector, potentially creating niche employment opportunities.
