As of 2023, the employment in the sector of forging, pressing, stamping, and roll-forming of metal; powder metallurgy in Germany stood at approximately 133,000 employees. Forecasts indicate a steady upward trend in employment from 2024 to 2028, with a year-on-year growth rate averaging around 1.4%. Employment is expected to rise from 136.02 thousand employees in 2024 to 143.71 thousand in 2028, reflecting a compounded annual growth rate (CAGR) of about 1.4% over this period.
Future trends to watch for include the increasing automation and adoption of Industry 4.0 technologies, which could impact employment dynamics by enhancing efficiency and possibly altering workforce skill requirements. Additionally, sustainability pressures might encourage advancements in materials and methods, impacting sector employment needs.
