The employment in the UK’s sector for the manufacture of electric motors, generators, transformers, and electricity distribution and control apparatus, from 2023 stood slightly higher at around 21,000 FTE. The forecast for employment shows a consistent downward trend from 2024 to 2028, with a drop from 20,150 to 16,890 FTE. Year-on-year, the employment is anticipated to fall at average rates between 4-5%, while the five-year CAGR reflects an average annual decline of approximately 4%.

Future trends to monitor include:

Automation and technological advancements enhancing operational efficiency may reduce headcount needs.
Policy initiatives towards greener, sustainable electric products could stimulate demand and employment stabilization.
Potential shifts in global trade agreements impacting supply chain and employment.