The turnover in the manufacture of lifting and handling equipment sector in Sweden is projected to increase from 36.93 billion SEK in 2024 to 39.37 billion SEK by 2028. This data represents a consistent upward trajectory. Between 2024 and 2028, the market shows an average annual growth rate (CAGR) of approximately 1.6%. For context, the turnover in 2023 stood at 36.33 billion SEK. Analyzing year-on-year variations, the sector is expected to grow by 1.68% between 2024 and 2025, 1.65% between 2025 and 2026, 1.57% between 2026 and 2027, and 1.55% between 2027 and 2028.
Future trends to watch for include technological advancements in automation and robotics, increasing demand for sustainable and energy-efficient equipment, and potential shifts due to economic fluctuations and regulatory changes. Monitoring these factors can provide deeper insights into the market's direction and potential growth areas.
