In Belgium, the forecasted output for Electrical Equipment and Electronics from 2024 to 2028 shows a stable trend with a constant value of 0.3% from 2024 to 2026, followed by a slight decline to 0.2% from 2027 onwards. Comparison to 2023 highlights stability in earlier years with decreased output projected in later years.
Year-on-year variations show no change from 2024 to 2026, and a decline of -33.3% in 2027, which stabilizes in 2028. The 5-year CAGR indicates a gradual decrease in output per year.
Future trends to watch for:
• Technological advancements in production methods
• Changes in global and EU regulations
• Belgium's investment in green and renewable energy sectors impacting the electronics industry
• Competitive pressures from other European countries.
