The number of persons employed in the electric lighting equipment sector in Finland has experienced fluctuations over the past decade. In 2023, the employment stood at 1,420 employees. Historically, the sector saw varying growth rates, with significant year-on-year dips in 2019 (-14.24%) and 2020 (-14.12%), contributing to a challenging period. However, post-2020 recovery patterns emerged, exemplified by a 15.49% increase in 2021, stabilizing around an average -1.78% CAGR over the past five years.

Future projections suggest a steady state, with employment numbers plateauing at 1,420 from 2024 to 2028, translating to a forecasted nearly zero 5-year CAGR. This points towards a period of stability, albeit with minimal growth.

Future trends to watch for: