Forecast: Employment in Repair of Transport Equipment (Except Motor Vehicles) Sector in the UK

In 2023, the employment in the UK’s Repair of Transport Equipment (Except Motor Vehicles) sector stood at approximately 18.78 thousand FTEs. From 2024 to 2028, forecasts indicate a declining trend with FTEs reducing year-on-year, reflected by annual declines of approximately 4.7% from 2023 to 2024, 4.7% from 2024 to 2025, 4.8% from 2025 to 2026, 4.9% from 2026 to 2027, and 5.2% from 2027 to 2028. The projected Compound Annual Growth Rate (CAGR) over these five years indicates an annual average decline of 4.9%.

Future trends to watch include:

  • Technological advancements and automation impacting labor demand.
  • Potential economic factors influencing transport construction and maintenance budgets.
  • Regulatory changes affecting sector operations and employment.
  • Environmental policies prompting shifts towards sustainable practices.

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