The Electric Lighting Equipment Market in Portugal has experienced fluctuating growth patterns between 2013 and 2023. Starting from 249.85 million euros in 2013, the market saw a decline until 2014. However, it rebounded sharply in 2015 and continued to grow until 2018. The peak was observed in 2020 with a market value of 444.23 million euros. Since then, the market has seen a slight decline, with the value standing at 440.93 million euros in 2023, demonstrating a general stabilization but slight downtrend over the past few years.
Key trends observed include substantial growth from 2015 to 2018 and significant stabilization post-2020. Notably, the year-on-year growth has been minimal or negative since 2020, indicating market saturation or external challenges affecting growth. The 5-year CAGR shows a decreasing trend, reflecting the slowing growth momentum in recent years.
Future trends to watch for include advancements in smart lighting technologies, increasing emphasis on energy efficiency, and the potential impacts of regulatory changes or sustainability initiatives on market dynamics. Additionally, economic conditions and supply chain resilience will play crucial roles in shaping the market's trajectory in the coming years.
| # | 10 Countries | Euros | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 France | 5,099,100,000 | 2023 | +1.62% | +1.89% | View data |
| 2 | 2 United Kingdom | 4,683,300,000 | 2023 | +0.16% | -0.76% | View data |
| 3 | 3 Spain | 2,204,400,000 | 2023 | +1.55% | +1.94% | View data |
| 4 | 4 Sweden | 1,203,800,000 | 2023 | +5.61% | -0.11% | View data |
| 5 | 5 Finland | 670,150,000 | 2023 | +2.93% | +1.31% | View data |
| 6 | 6 Denmark | 618,770,000 | 2023 | +2.54% | +1.86% | View data |
| 7 | 7 Portugal | 440,930,000 | 2023 | -0.24% | +0.32% | |
| 8 | 8 Ireland | 359,010,000 | 2023 | +3.62% | +3.96% | View data |
| 9 | 9 Croatia | 195,880,000 | 2023 | +3.71% | +2.15% | View data |
