The forecast for the sold production of lifting and handling equipment in Sweden from 2024 to 2028 shows a steady increase in volume. In 2023, the production stood at a lower level compared to forecasts, exhibiting a clear upward trend year-on-year. Specifically, from 2024 to 2025, there's a 1.49% increase; from 2025 to 2026, a 1.46% increase; from 2026 to 2027, a 1.42% increase; and from 2027 to 2028, a 1.39% increase. The Compound Annual Growth Rate (CAGR) over the five years from 2024 to 2028 is approximately 1.44%.
Future trends to watch for include advancements in automation and smart technology integration, which could further boost efficiency and production capacity. Additionally, the focus on sustainability might drive innovation in lifting and handling equipment, emphasizing energy-efficient and eco-friendly designs.
