The European power-driven hand tools sector shows significant employment concentration in Germany, with 28.26 thousand workers, far surpassing other countries. Romania and Hungary also have notable employment figures, reaching 3.93 and 3.53 thousand, respectively. In 2023, Germany employment surged by 12.51%, while Romania experienced a robust 20.51% increase. Conversely, notable decreases occurred in the United Kingdom and Croatia, with declines of 12.63% and 9.5%. Over a five-year period, France and Poland saw declining employment trends.
Future trends to watch in the sector include technological advancements driving efficiency, potentially impacting employment. Additionally, the increasing focus on sustainability and the adoption of green technologies might alter employment dynamics in different countries. Economic factors and labor policies in individual EU countries will also play a crucial role in shaping the future workforce in this industry.
Top countries in Power-Driven Hand Tools Number of Persons Employed by Country
| # | 10 Countries | Units (Employees) | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Germany | 28,260 | 2023 | +7.98% | +12.51% | View data |
| 2 | 2 Romania | 3,930 | 2023 | +15.38% | +20.51% | View data |
| 3 | 3 Hungary | 3,530 | 2023 | +3.95% | +5.67% | View data |
| 4 | 4 Czech Republic | 2,860 | 2023 | +0.18% | +0.28% | View data |
| 5 | 5 Bulgaria | 720 | 2023 | -1.5% | -1.31% | View data |
| 6 | 6 France | 653 | 2023 | +0.31% | -3.88% | View data |
| 7 | 7 Poland | 512 | 2023 | -6.06% | -7.15% | View data |
| 8 | 8 Italy | 388 | 2023 | +5% | +3.86% | View data |
| 9 | 9 United Kingdom | 277 | 2023 | -13.71% | -12.63% | View data |
| 10 | 10 Netherlands | 276 | 2023 | +8.24% | +5.42% | View data |
