Production values (Billion Euros):
- 2024: 10.91
- 2025: 11.25
- 2026: 11.58
- 2027: 11.90
- 2028: 12.23
Year-on-year variation (%):
- 2025: 3.12%
- 2026: 2.93%
- 2027: 2.76%
- 2028: 2.77%
Compound Annual Growth Rate (CAGR) over the last 5 years: 2.90%
Future trends to watch for include advancements in smart grid technology, increased demand for sustainable and renewable energy solutions, and the impact of regulatory changes on the electricity distribution and control apparatus market. The industry's shift towards digitalization could also drive growth.
