The self-employed segment in the electrical equipment manufacturing sector reveals varied trends across countries. In 2023, Japan led with 18.0 thousand units, facing a slight decline of 2.09%. Similarly, significant reductions were observed in Canada and Estonia, with declines of 19.15% and 17.21% respectively, while Spain saw a 6.4% increase. Most European nations experienced moderate decreases, with the UK notably retreating by 11.99%. Over a five-year span, trends show fluctuating engagement with moderate average annual changes in employment figures, indicating a shifting landscape within the sector.
Looking forward, anticipated trends in the global marketplace involve increased automation and innovation driving operational efficiencies, potentially reducing self-employment in traditional manufacturing roles. However, opportunities may also arise from new technological advancements and niche production needs, advocating adaptability and resilience among self-employed individuals in this sector.
Top countries in Self-Employed People in Electrical Equipment Manufacturing Sector by Country
| # | 10 Countries | Thousand Units (Persons) | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Japan | 18 | 2023 | 0% | -2.09% | View data |
| 2 | 2 Italy | 7.3 | 2023 | +1.39% | -5.53% | View data |
| 3 | 3 Germany | 7 | 2023 | 0% | -2.64% | View data |
| 4 | 4 Czech Republic | 4.86 | 2023 | -2.25% | -5.82% | View data |
| 5 | 5 United Kingdom | 3.97 | 2023 | -16.23% | -11.99% | View data |
| 6 | 6 Spain | 1.5 | 2023 | +7.14% | +6.4% | View data |
| 7 | 7 Netherlands | 1 | 2023 | 0% | View data | |
| 8 | 8 Poland | 0.8 | 2023 | -11.11% | -7.79% | View data |
| 9 | 9 Greece | 0.73 | 2023 | +1.25% | -8.5% | View data |
| 10 | 10 Slovakia | 0.7 | 2023 | -3.97% | -1.34% | View data |
