Forecast: Employment in Repair of Electrical Equipment Sector in Finland

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.