The employment in the manufacture of fibre optic cables sector in the Netherlands has been on a declining trend, with a notable decrease from 915 units in 2015 to 712 units in 2024, reflecting a consistent year-on-year decrease. The Compound Annual Growth Rate (CAGR) has varied, showing significant fluctuations in employment growth rates over the years. The last five years (2024-2028) are forecasted to see a continued decline at a CAGR of -2.36%, indicating an overall forecasted 5-year growth rate of -11.24%.
Looking ahead, the sector could face further challenges due to technological advancements and shifts in market demand. Companies might need to adapt by investing in new technologies or reskilling their workforce to mitigate the declining employment trend.
