The electric lighting equipment workforce in Switzerland shows a consistent decline from 2024 to 2028. The number of persons employed decreases from 916 in 2024 to 432 in 2028, reflecting a decreasing trend in employment. From 2023's standpoint, we observe a yearly drop of 13.44% in 2025, 15.25% in 2026, 18% in 2027, and 21.6% in 2028. Analyzing these figures, the compound annual growth rate (CAGR) stands at -16.45% over the five-year period.
Future trends to watch for include the increased adoption of automation and smart technologies which may further reduce the need for human labor in electric lighting equipment manufacturing. Additionally, shifts in regulatory frameworks or economic conditions could either mitigate or exacerbate this downward employment trend.
