The Electric Lighting Equipment Market in Portugal exhibited a consistent growth trajectory from 2013 to 2023, with the per capita value reaching 45.21 Euros in 2023. Over the past decade, except for a minor dip between 2013 and 2014, the market grew steadily, indicating a robust demand and adoption of electric lighting solutions.
The year-on-year growth for 2022-2023 stands at approximately 1.23%, while the compound annual growth rate (CAGR) over the last five years (2018-2023) is around 1.38%, highlighting a strong expansion trend in recent years.
Looking ahead, future trends to watch for include the integration of smart lighting solutions and energy-efficient technologies. Advancements in LED technology and increasing consumer awareness regarding sustainability are likely to drive further market growth. Additionally, government initiatives promoting green energy solutions will influence growth dynamics positively in the upcoming years.
| # | 10 Countries | Euros Per Capita | Last Year | |||
|---|---|---|---|---|---|---|
| 1 | 1 Finland | 123.87 | 2023 | View data | ||
| 2 | 2 Sweden | 101.77 | 2023 | View data | ||
| 3 | 3 Denmark | 99.61 | 2023 | View data | ||
| 4 | 4 France | 75.41 | 2023 | View data | ||
| 5 | 5 Ireland | 72.44 | 2023 | View data | ||
| 7 | 7 Croatia | 49.97 | 2023 | View data | ||
| 8 | 8 Spain | 46.77 | 2023 | View data | ||
| 9 | 9 Portugal | 45.21 | 2023 | |||
| 10 | 10 Latvia | 28.89 | 2023 | View data | ||
