The forecast for total internal R&D personnel in the sectors of electricity, gas, steam, air conditioning, water supply, sewerage, waste management, and remediation activities in the UK indicates a growth trajectory from 2024 to 2028. In 2023, this metric stood at 1.42 thousand full-time equivalents. Year-on-year increases are modest yet steady: 3.4% from 2024 to 2025, followed by approximately 2.6% annually till 2028. The compound annual growth rate (CAGR) for 2024 to 2028 is approximately 3.2%, showcasing a consistent upward trend in R&D personnel involvement.
Future trends to watch for include:
- Technological advancements driving greater investment in R&D.
- Policy changes influencing sustainability practices.
- Potential skills shortages focusing on specialized R&D roles.
- The interplay between regulatory changes and innovation in these sectors.
- Evolving consumer demands shaping R&D priorities.
