Forecast: Sold Production of Electricity Supply or Production Meters in Finland

The sold production of electricity supply or production meters in Finland varied significantly over the years. From 2013 to 2015, there was a sharp decline followed by a robust recovery. After a moderate drop in 2016, the market exhibited growth from 2017 to 2020. However, a notable decline began in 2021, culminating in a pronounced drop in 2022 and a slight decrease in 2023, where it stood at 11.065 million euros. This continued decline is reflected in the forecasted contraction through to 2028. The Compound Annual Growth Rate (CAGR) over the past five years is -12.81%, indicating a shrinking market.

Future trends to watch for:

  • Technological advancements in smart meters and digital grid infrastructure.
  • Government policies and incentives towards renewable energy and efficiency improvements.
  • Market consolidation and emergence of innovative business models.
  • Global supply chain and component availability impacts.

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