In 2023, self-employed activities in Germany's electrical equipment manufacturing sector clocked in at 14.5 million hours. Forecasts from 2024 to 2027 show stability with 14.0 million hours each year. However, 2028 is projected at a lower 13.0 million hours, indicating a 7% decrease compared to previous years. This reflects a compound annual growth rate (CAGR) of -2.9% between 2024 and 2028.

Future trends to monitor:

Potential increases in automation, possibly reducing self-employment hours.
Changes in EU regulations that might affect labor in the electrical equipment sector.
The impact of technological advancements on entrepreneurial opportunities.
Market demand fluctuations for electrical equipment in European markets.