The production in the manufacture of electric lighting equipment sector in Switzerland shows a declining trend from 2024 onwards, starting at 322.5 million Swiss Francs in 2024 and decreasing year-on-year to 259.1 million Swiss Francs by 2028. This represents an average annual decrease of approximately 5% each year when considering the Compound Annual Growth Rate (CAGR). This downturn follows the historical trend observed up to 2023.
Key variations to note in recent years include:
- From 2024 to 2025: -5.4%
- From 2025 to 2026: -5.3%
- From 2026 to 2027: -5.3%
- From 2027 to 2028: -5.3%
Future trends to monitor include advancements in energy-efficient lighting technologies, shifts in regulatory policies favoring sustainability, and a potential increase in smart lighting solutions, which could potentially mitigate the declining trend in production by addressing evolving consumer preferences and market demands.
