In 2023, Japan leads the market with 38.6 thousand self-employed in the electrical equipment manufacturing sector. Italy and Germany follow with 15.66 and 15.01 thousand, respectively. Other key contributors include the Czech Republic, the United Kingdom, and Spain. Japan's slight decrease of 2.09% is modest compared to the UK's substantial 11.99% decline. Notably, Spain and Latvia experienced growth with 6.4% and 3.32% increases, respectively. Canada and Estonia displayed significant contractions, at 19.15% and 17.21%, respectively.
Future trends to monitor include:
- Potential shifts in self-employment due to technological advancements and automation in the sector.
- Impact of global economic reforms and trade policies on manufacturing employment.
- Regional initiatives and governmental support enhancing or restricting self-employment opportunities.
- Influence of renewable energy demands on sector dynamics, as the industry adapts to sustainable practices.
Top countries in Self-Employed People in Electrical Equipment Manufacturing Sector Share by Country (Thousand Units (Persons))
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Japan | 38.6 | 2023 | 0% | -2.09% | View data |
| 2 | 2 Italy | 15.66 | 2023 | +1.39% | -5.53% | View data |
| 3 | 3 Germany | 15.01 | 2023 | 0% | -2.64% | View data |
| 4 | 4 Czech Republic | 10.43 | 2023 | -2.25% | -5.82% | View data |
| 5 | 5 United Kingdom | 8.51 | 2023 | -16.23% | -11.99% | View data |
| 6 | 6 Spain | 3.22 | 2023 | +7.14% | +6.4% | View data |
| 7 | 7 Netherlands | 2.14 | 2023 | 0% | View data | |
| 8 | 8 Poland | 1.72 | 2023 | -11.11% | -7.79% | View data |
| 9 | 9 Greece | 1.57 | 2023 | +1.25% | -8.5% | View data |
| 10 | 10 Slovakia | 1.51 | 2023 | -3.97% | -1.34% | View data |
