Forecast: Number of Employees in Manufacture of Fluid Power Equipment Sector in Germany

In the German manufacture of fluid power equipment sector, the number of employees stood at approximately 59.76 thousand in 2023. Forecast data from 2024 to 2028 shows a consistent upward trend in employment numbers, with an annual increase averaging at approximately 1.9% per year, projected to reach 65.83 thousand by 2028. From 2023 to 2024, there is an anticipated rise of 2.05%.

Future trends to watch for include:

  • Technological advancements leading to increased automation could impact employment numbers.
  • The potential for market expansion due to sustainable energy initiatives may drive workforce demand.
  • Global economic conditions and supply chain dynamics could influence sector employment significantly.

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