As of 2023, the production value of electric lighting equipment in Switzerland stands at 359.4 million Euros. Forecasted data indicates a downward trend from 2024 to 2028, starting from 348.7 million Euros in 2024 and decreasing annually to reach 306.3 million Euros by 2028. This represents an average annual decline (CAGR) of approximately -2.5% over the five-year period. The year-on-year variation shows a consistent negative growth ranging from around -3% to -4% each year.
Future trends to watch for include advancements in energy-efficient lighting technologies, increased adoption of smart lighting systems, and potential regulatory changes aimed at reducing energy consumption. These factors could either mitigate the downward trend or accelerate it, depending on the market's response and adaptability.
