In 2023, the employment in the electric lighting equipment sector in Italy stood at an estimated 15,000 persons. The forecast for the years 2024 to 2028 shows a steady decline, with employment projected to decrease from 14.73 thousand in 2024 to 13.81 thousand in 2028. Year-on-year, there is an approximate annual reduction of 1.5% to 2%, leading to a cumulative average growth rate (CAGR) of -1.59% from 2024 to 2028.
Future trends to watch for include technological advancements and automation, which may further impact employment levels. The sector might also be influenced by shifts in regulatory frameworks and sustainability demands, encouraging a pivot towards innovative and energy-efficient solutions.
