In 2023, the number of employees in the Italian manufacture of engines and turbines sector (excluding aircraft, vehicle, and cycle engines) stood at 10.64 thousand. Forecast data indicates a declining trend from 2024 to 2028. Year-on-year variations show a decrease of 4.8% from 2024 to 2025, 5.1% from 2025 to 2026, 5.3% from 2026 to 2027, and 5.5% from 2027 to 2028. The compound annual growth rate (CAGR) over these five years is approximately -5.0%, reflecting a continuous reduction in workforce.
Future trends to watch for include:
- Technological advancements potentially reducing labor need
- Automation impacts on workforce size
- Fluctuations in global energy demand influencing sector employment
- Economic policies and investments in green energy affecting industry dynamics
