Forecast: Number of Persons Employed in Electrical Equipment in France

In 2023, the employment in the electrical equipment sector in France was recorded at 74,000 persons. The forecasted data from 2024 to 2028 suggest a declining trend in employment numbers. A year-on-year decrease is anticipated with a -2.78% drop from 2024 to 2025, -1.43% from 2025 to 2026, -2.90% from 2026 to 2027, and -1.49% from 2027 to 2028. This trend results in a Compound Annual Growth Rate (CAGR) of approximately -2.22% for the 5-year period from 2024 to 2028.

Future trends to watch for:

  • Automation and technological advancements potentially impacting workforce requirements.
  • Policy changes in renewable energy and their influence on electrical equipment demand.
  • Global economic conditions affecting exports and overall sector growth.

Top Countries about Electrical Equipment