In 2023, the Italian sector for the manufacture of measuring, testing, navigating, and control equipment employed fewer than 19.44 thousand professionals. The forecasted employment data shows a gradual decline from 2024 to 2028, decreasing from 19.44 thousand to 18.26 thousand employees. This represents an anticipated year-on-year decline of 1.55% between 2024 and 2025 and similar percentages thereafter. When considering a compound annual growth rate (CAGR) over the five-year period, we observe a consistent downward trend, pointing to a contraction in workforce numbers within this industry.
Future trends to watch for in this sector may include:
- Technological advancements potentially requiring fewer but more specialized roles.
- Increases in automation impacting employment figures negatively.
- New policies or investments in green technologies driving a shift in employment needs.