Forecast: Employment in Sale of Motor Vehicles Sector in Denmark

The employment in the sale of motor vehicles sector in Denmark is forecasted to remain almost constant from 2024 to 2028, with values ranging between 22.26 and 22.28 thousand full-time equivalents. As of 2023, the employment stood at 22.28 thousand full-time equivalents. The year-on-year variations are negligible over the forecast period, indicating a stable market. Over the last two years, the variation is minimal, reflecting a steady trend in employment levels. The Compound Annual Growth Rate (CAGR) over the last five years is close to zero, showcasing no significant annual increase or decrease.

Future trends to watch for include technological advancements in the automotive industry such as automation and electric vehicles, which might influence employment in the sector. Monitoring shifts in consumer preferences and regulatory changes will also be crucial to understanding potential future impacts on employment.

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