The gross investment in the manufacture of fluid power equipment sector in Norway stood at 31.7 million Norwegian Krones in 2023. Based on forecasted data, there is a slight decline over the next five years:
- 2024: 31.6 million NOK (-0.32% YoY from 2023)
- 2025: 31.4 million NOK (-0.63% YoY from 2024)
- 2026: 31.3 million NOK (-0.32% YoY from 2025)
- 2027: 31.1 million NOK (-0.64% YoY from 2026)
- 2028: 31.0 million NOK (-0.32% YoY from 2027)
The average variation per year over the last five years (CAGR) is approximately -0.44%.
Key future trends to watch for include advancements in fluid power technology, shifts in global supply chains, and changes in environmental regulations which may influence investment levels. Additionally, monitoring economic conditions in Norway and major trading partners will be essential for understanding future investment trends.
