The employment in Poland's railway locomotives and rolling stock sector has exhibited a dynamic trend from 2013 to 2023. Over the initial years, the employment numbers showed fluctuations, with declines in 2014, 2016, and 2017. However, a notable upward shift started in 2019, with significant increases in 2020. By 2023, the employment stood at 13.48 thousand, reflecting consistent growth with year-on-year increases of 2.31% in 2022 and 2.24% in 2023. The five-year CAGR from 2018 to 2023 was approximately 3.27%, indicating a stable upward trend.
The forecast from 2024 through 2028 predicts continuous growth, reaching 14.91 thousand employees by 2028. The anticipated five-year CAGR is 1.6%, with an overall forecasted growth rate of 8.28% over this period.
Future Trends to Watch for:
- Technological advancements influencing job roles and required skill sets
- Investments in railway infrastructure potentially boosting employment
- Government policies and incentives impacting sector growth