In 2023, China led with 102,190 researchers in the manufacture of electrical equipment, marking a 2.43% year-on-year increase. South Korea and Germany followed, with respective upticks of 4.54% and 1.76%. While Japan saw a decline of 6.75%, emerging countries like Poland and Latvia displayed significant growth with 5.73% and 8.13%, respectively. Canada's researchers decreased by 6.44%. New Zealand experienced the highest surge of 13.34%.
Looking ahead, observe increasing investments in green energy and technology sectors, which could stimulate job growth in the electrical equipment sector, potentially reshaping the global competitive landscape.
Top countries in Total Researchers in Manufacture of Electrical Equipment by Country
| # | 10 Countries | Units (Full-Time Equivalent) | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 China | 102,190 | 2023 | +1.67% | +2.43% | View data |
| 2 | 2 South Korea | 17,840 | 2023 | +4.44% | +4.54% | View data |
| 3 | 3 Germany | 15,470 | 2023 | +2.34% | +1.76% | View data |
| 4 | 4 Japan | 12,700 | 2023 | -8.86% | -6.75% | View data |
| 5 | 5 United Kingdom | 3,480 | 2023 | +3.42% | +3.08% | View data |
| 6 | 6 Italy | 3,360 | 2023 | +3.3% | +2.92% | View data |
| 7 | 7 Taiwan | 3,250 | 2023 | +2.81% | +2.44% | View data |
| 8 | 8 Poland | 2,560 | 2023 | +4.02% | +5.73% | View data |
| 9 | 9 Czech Republic | 2,360 | 2023 | +4.39% | +2.82% | View data |
| 10 | 10 Canada | 1,360 | 2023 | +0.22% | -6.44% | View data |