Employment in the Manufacture of Electronic Components and Boards Sector in Sweden has shown fluctuating trends over the past decade. Actual data from 2013 to 2023 highlight a peak in 2018 with a subsequent decline and stabilization around 3.81 thousand Full-Time Equivalents (FTEs) by 2023. The year-on-year variation points to significant volatility, with notable highs and lows, such as a 32.06% rise in 2016 followed by a 20.64% drop in 2019. Over the last two years, there was a slight decline of 0.24% per year and the 5-year Compound Annual Growth Rate (CAGR) averaged at -2.41%.
Looking forward, forecast data from 2024 to 2028 suggest a very gradual decrease, with the annual rate of decline projected to average -0.18%, leading to a slight overall reduction of 0.9% by 2028.
Future trends to watch in this sector include:
- Technological advancements and automation impacting employment needs.
- Global supply chain disruptions influencing local manufacturing dynamics.
- Potential growth in demand for electronic components due to emerging technologies such as 5G, IoT, and electric vehicles.