The employment in the manufacture of electric lighting equipment sector in Germany has shown a significant downward trend since 2013, shifting from 35.16 thousand FTEs to 18.97 thousand FTEs in 2023. The most recent figures indicate a substantial year-on-year decline of 10.79% in 2023. Over the past five years leading up to 2023, the compound annual growth rate (CAGR) stood at -8.74%, reflecting a steady decrease in employment levels.

Forecasted data suggests an accelerated decline, projecting a further drop to 7.84 thousand FTEs by 2028. The forecasted five-year CAGR between 2024 to 2028 is projected to be -14.05%, with an overall reduction of 53.09% in employment over this period.

Future trends to watch for include:

Automation and digitalization potentially reducing labor demand further.
Shifts in global supply chains that may impact local manufacturing employment.
Policies or incentives promoting sustainability and energy efficiency, potentially affecting the sector's dynamics.