In 2023, the number of employees in Germany's sector of Manufacture of Bodies (Coachwork) for Motor Vehicles, Trailers, and Semi-Trailers stood at approximately 52.00 thousand.
In the forecast from 2024 to 2028, the employee count is expected to grow steadily: reaching 52.57 thousand in 2024, increasing to 54.72 thousand by 2028. The average annual growth rate (CAGR) over these five years is anticipated at about 1.01%.
Year-on-year growth estimates show incremental increases ranging from 1.05% to 1.03% annually. The projected figures suggest a consistent upward trend in employment, indicating potential growth and increased demand in this sector.
Future trends to watch for include:
- Technological advancements in manufacturing processes and automation.
- The impact of environmental regulations and shifts towards electric vehicle production.
- Potential fluctuations in demand due to economic conditions and evolving consumer preferences.