The electrical equipment sector in Sweden saw fluctuations in its number of employees from 2013 to 2023. Notably, 2023 saw a 4.17% decline year-on-year, standing at 23,000 employees. The 5-year CAGR from 2018 to 2023 reflects a slight decrease of -0.89%. Annual variations show an overall downward trend, highlighted by significant drops in 2015 and 2016, and stabilization periods in 2017 and from 2020 to 2022.
Future trends to watch for include technological advancements potentially reducing labor requirements, increasing automation, and shifts in global supply chains. Monitoring these factors alongside employment metrics can provide critical insights into the sector’s evolution.