The employment in the electric lighting equipment sector in France has seen a marked decline from 2013 to 2023, with a reduction from 16.22 thousand to 6.58 thousand employees in 2023. Initially, a drastic drop of 32.46% occurred from 2013 to 2014, with further declines, except for some minor recoveries in 2017 (5.2%) and 2020 (7.79%). The last two years saw significant reductions of 8.97% in 2022 and 9.76% in 2023. The overall compound annual growth rate (CAGR) from 2018 to 2023 was -8.8%.

Over the next five years, the forecast anticipates a continued decline, with employment expected to decrease to 3.13 thousand by 2028, corresponding to a five-year CAGR of -11.84% and a total decrease of 46.76%. This trend signals ongoing automation, technological advancements, and potential offshoring.

Future Trends to Watch For:

Automation and AI integration potentially reducing manual labor needs.
Shift to more energy-efficient and smart lighting systems impacting workforce requirements.
Potential policy changes or incentives aimed at revamping the industry.