As of 2023, the employment in the loaded electronic boards industry in Germany stood at 7.25 thousand employees. Forecasted data from 2024 to 2028 shows a declining trend in employment numbers. In 2024, the number is expected to be 6.52 thousand, reducing to 3.61 thousand by 2028. This represents a year-on-year decrease of -11.3% from 2024 to 2025, -12.6% from 2025 to 2026, -14.3% from 2026 to 2027, and -16.6% from 2027 to 2028. The compound annual growth rate (CAGR) from 2024 to 2028 is approximately -12.6%.
Future trends to watch for include:
- Technological advancements could further reduce the need for manual labor in production.
- Growth in automation could impact employment negatively.
- Potential shifts in global supply chain dependencies might influence employment numbers.
- Any governmental policy changes promoting local manufacturing could affect future employment positively.