In the Electric Lighting Equipment market in Ireland, the market size value in 2023 stands at 359.01 million Euros. Over the last decade, the market exhibited substantial growth with notable year-on-year variations. From 2013 to 2023, the market saw significant annual fluctuations including a peak in 2017 with a 31.27% increase and a notable decline of 13.84% in 2020. Over the past five years, the Compound Annual Growth Rate (CAGR) was 3.96%, indicating moderate and steady growth despite the volatility.
Future trends to watch for include the continual adoption of energy-efficient lighting solutions, the impact of green energy policies, and advancements in smart lighting systems. Additionally, the post-pandemic economic recovery and increased construction activities are likely to drive growth in the sector.
| # | 10 Countries | Euros | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 France | 5,099,100,000 | 2023 | +1.62% | +1.89% | View data |
| 2 | 2 United Kingdom | 4,683,300,000 | 2023 | +0.16% | -0.76% | View data |
| 3 | 3 Spain | 2,204,400,000 | 2023 | +1.55% | +1.94% | View data |
| 4 | 4 Sweden | 1,203,800,000 | 2023 | +5.61% | -0.11% | View data |
| 5 | 5 Finland | 670,150,000 | 2023 | +2.93% | +1.31% | View data |
| 6 | 6 Denmark | 618,770,000 | 2023 | +2.54% | +1.86% | View data |
| 7 | 7 Portugal | 440,930,000 | 2023 | -0.24% | +0.32% | View data |
| 8 | 8 Ireland | 359,010,000 | 2023 | +3.62% | +3.96% | |
| 9 | 9 Croatia | 195,880,000 | 2023 | +3.71% | +2.15% | View data |
| 10 | 10 Latvia | 62,597,000 | 2023 | +6.8% | +1.82% | View data |
