In 2023, the Electric Lighting Equipment Gross Value Added per Employee FTE in the UK stood at 75.9 thousand euros. From 2024 to 2028, forecasts indicate a gradual increase, reaching 76.3 thousand euros. Year-on-year growth up to 2028 is minimal, reflecting stability with an annual growth rate of approximately 0.05%. The compound annual growth rate (CAGR) over five years is also steady, suggesting minimal volatility during this period.

Future trends to watch for include:

Advancements in energy-efficient technology that could enhance productivity.
Potential impacts of policy changes related to carbon emissions and green initiatives.
Shifts in consumer preferences towards smart lighting and its subsequent effect on the market.