In 2023, the gross investment in the manufacture of electric lighting equipment sector in Sweden stood at an estimated value of 135 million Swedish Kronas. Forecasts for 2024 to 2028 suggest a steady increase, with values projected to reach 138.8 million in 2024, 142.8 million in 2025, 146.7 million in 2026, 150.6 million in 2027, and 154.5 million by 2028. This indicates a consistent upward trend with an average annual growth rate (CAGR) over the five years of approximately 3.6%.
Year-on-year variations show:
- 2024: +2.8% from the previous year
- 2025: +2.9% from the previous year
- 2026: +2.7% from the previous year
- 2027: +2.7% from the previous year
- 2028: +2.6% from the previous year
Future trends to watch for in this sector include advancements in energy-efficient lighting technologies, the impact of regulatory changes on manufacturing practices, and shifts in consumer preferences towards smart lighting solutions. The increasing focus on sustainability and the adoption of IoT in lighting equipment could further drive investments in this sector.
