The forecast for internal R&D personnel in the UK's machinery and equipment sector highlights a consistent downward trend from 2024 to 2028, with a significant decrease in full-time equivalent positions. This trend suggests a strong year-on-year decline, averaging around 5% annually from 2024 to 2028. In 2023, the number stood at approximately 7.36 thousand, marking this as the base year for the declining projections.

Looking ahead, the industry should watch for:

Technological advancements necessitating different skill sets in R&D.
Potential economic impacts influencing R&D investment.
Changes in government policies affecting funding and incentives for R&D in the manufacturing sector.