In 2023, the Electrical Equipment Manufacturing Gross Value Added (GVA) in Switzerland stood at 3.93 billion Swiss Francs. The forecasted data from 2024 to 2028 indicates a slight yet persistent decreasing trend, with values declining from 3.92 billion in 2024 to 3.89 billion in 2028.
Year-on-year variation shows a minute decrease from 2024 to 2025 (-0.26%) and a similar trend onward, reflecting an average annual reduction over the five-year period (CAGR) of approximately -0.26%.
Future trends to watch for:
- Technological advancements: Innovations in automation and smart manufacturing could potentially reverse the decline.
- Global market dynamics: Shifts in international trade policies and supply chain disruptions may impact production costs and market demand.
- Sustainability initiatives: Increasing focus on eco-friendly manufacturing processes could influence operational costs and investment in new technologies.