Forecast: Lifting and Handling Equipment Number of Persons Employed in Denmark

Based on the available data, the number of persons employed in the lifting and handling equipment sector in Denmark is expected to see a steady increase from 2024 to 2028. In 2023, the sector had a recorded employment figure of 5.3 thousand employees. Over the forecast period, the annual year-on-year variations are as follows:

- 2024: 0.94%

- 2025: 0.37%

- 2026: 0.19%

- 2027: 0.37%

- 2028: 0.37%

Over the last two years, the average annual growth rate stands at approximately 0.65%, with the compound annual growth rate (CAGR) for the forecast period being 0.45%.

Future trends to watch for include the potential influence of technology and automation in the lifting and handling equipment sector, which might impact employment rates. Additionally, economic conditions, industry demand, and policies promoting local manufacturing could significantly influence employment numbers in this industry.

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