In 2023, employment in the Manufacture of Agricultural and Forestry Machinery sector in France stood at approximately 18.92 thousand FTE (Full-Time Equivalent). Forecasted data from 2024 to 2028 indicate a steady upward trend, with growth rates showing a consistent year-on-year increase of around 1.3%. Over this five-year period, the compound annual growth rate (CAGR) is approximately 1.3%, reflecting sustained growth in the sector's employment figures.
Future trends to watch for include:
- Technological advancements in agriculture that may affect machinery manufacturing.
- Policy changes in agricultural subsidies and environmental regulations.
- Global supply chain issues impacting production and employment.