The forecast for the import of lamps and lighting fittings to Norway presents a steadily increasing trend from 2024 to 2028. The value, expressed in Million US Dollars, is predicted to rise from 678.08 in 2024 to 741.09 in 2028. For context, the value stood at 661.42 million in 2023. Year-on-year variation shows progressive growth: 2.4% from 2024 to 2025, 2.3% from 2025 to 2026, 2.2% from 2026 to 2027, and 2.1% from 2027 to 2028. The compound annual growth rate (CAGR) for the forecasted period from 2024 to 2028 stands at approximately 2.25%.
Future trends to watch for include a potential increase in demand for energy-efficient and smart lighting solutions, driven by environmental regulations and consumer preferences. Additionally, advancements in LED technology and IoT integration in lighting systems could further spur imports.
