In 2023, the repair of transport equipment sector in Germany, excluding motor vehicles, employed approximately 41.62 thousand individuals. Forecast data for 2024 projects an increase to 41.82 thousand employees, representing a 0.5% year-on-year growth. Continuing this trend, the sector is expected to see incremental growth, reaching 42.66 thousand by 2028, with a consistent annual increase of approximately 0.5%. Over the forecasted five-year period, the compound annual growth rate (CAGR) is anticipated to be steady at about 0.5%.
Future trends to watch for include:
- Technological advancements altering job roles and skills needed
- Potential impact of economic and political shifts on industry demand
- Sustainability movements influencing maintenance practices
