The employment in Finland's Repair of Electrical Equipment sector has shown significant fluctuations between 2013 and 2023. The highest growth rate was observed in 2019 with a year-on-year increase of 33.04%, followed by a slight decline and stabilization. As of 2023, the employment stood at 287 units, with an average yearly growth rate (CAGR) of 5.08% over the last five years. Forecasts indicate a continued steady growth rate with a projected CAGR of 1.71% over the next five years.
Future trends to watch for:
- Technological advancements and automation in electrical equipment repair.
- Potential impact of energy efficiency regulations and sustainability practices on employment.
- Changes in consumer behavior influencing repair vs. replacement decisions.