The European batteries and accumulators industry showed varied employment trends in 2023. Germany led with 14.24 thousand employees, reflecting a moderate growth of 6.98%. Hungary witnessed a dramatic 170.45% increase, indicating a burgeoning sector presence. Poland followed with a 7.78% rise, while France saw a decline of 4.56%. Italy and the UK experienced contractions, at -7.02% and -2.4% respectively. Notably, Norway (+54.44%) and Finland (+36.69%) recorded substantial growth, suggesting emerging competence in the industry, whereas declines were observed in countries like Bosnia and Herzegovina (-35.15%) and Croatia (-7.22%).
Looking ahead, significant growth potential is anticipated in Central and Eastern Europe driven by technological investments and green initiatives. Western European markets may focus on innovation and sustainability strategies to revitalize traditional manufacturing bases. Continuous monitoring of policy shifts and technological advancements will be vital to anticipate changes in employment dynamics.
Top countries in Batteries and Accumulators Number of Persons Employed by Country
| # | 10 Countries | Units (Employees) | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Germany | 14,240 | 2023 | +3.63% | +6.98% | View data |
| 2 | 2 Hungary | 7,670 | 2023 | +20.49% | +170.45% | View data |
| 3 | 3 Poland | 7,580 | 2023 | +4.19% | +7.78% | View data |
| 4 | 4 France | 2,460 | 2023 | -3.84% | -4.56% | View data |
| 5 | 5 Spain | 2,300 | 2023 | +0.26% | +0.52% | View data |
| 6 | 6 Italy | 1,960 | 2023 | -4.96% | -7.02% | View data |
| 7 | 7 United Kingdom | 1,590 | 2023 | -2.45% | -2.4% | View data |
| 8 | 8 Czech Republic | 1,430 | 2023 | -0.28% | +0.54% | View data |
| 9 | 9 Austria | 1,320 | 2023 | +3.86% | +5.93% | View data |
| 10 | 10 Greece | 995 | 2023 | +0.71% | +2.1% | View data |
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