Forecast: Number of Persons Employed in Manufacture of Motor Vehicles, Trailers and Semi-Trailers Sector in the UK

The employment in the UK’s motor vehicles, trailers, and semi-trailers manufacturing sector is projected to experience a gradual decline from 153.26 thousand employees in 2024 to 147.66 thousand in 2028. This reflects a negative compound annual growth rate (CAGR) averaging around -0.92% over this five-year forecasted period. The downward trend is expected to persist, indicating potential challenges for the sector in maintaining employment levels amid varying economic and market factors. As of 2023, the sector stood just above the 153.26 thousand mark, showing the beginning of this decline.

Future trends to watch for include:

  • Technological advancements in automotive manufacturing that may influence workforce requirements.
  • Regulatory changes in emission standards potentially impacting production processes and employment needs.
  • Potential shifts in global supply chains affecting UK-based manufacturing jobs.

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