In 2023, the turnover for the Electrical Equipment and Electronics sector in Switzerland stood at 17.4 Billion Euros. Forecast data for the years 2024 to 2028 show a steady growth trend. The turnover is expected to increase marginally year-on-year, going from 17.56 Billion Euros in 2024 to 18.15 Billion Euros in 2028. This represents compound annual growth rates (CAGR) of approximately 0.8% over the forecast period.
The year-on-year variations are as follows: from 2024 to 2025, an increase of 0.8%, from 2025 to 2026, an increase of 0.85%, from 2026 to 2027, an increase of 0.84%, and from 2027 to 2028, an increase of 0.83%. Over the last two years, the turnover grew by about 0.84% annually.
In the coming years, key trends to watch include advancements in digitalization, the increasing adoption of renewable energy technologies, and changes in consumer demand for smarter and more energy-efficient electrical devices.
