Forecast: Number of Persons Employed in Manufacture of Engines and Turbines (Except Aircraft, Vehicle and Cycle Engines) Sector in Italy

In 2023, the actual employment in Italy's manufacture of engines and turbines sector stood at approximately 10.49 thousand employees. The forecast for the subsequent years shows a decline: 10.02 thousand in 2025, decreasing annually to 8.64 thousand by 2028. This consistent downturn reflects year-on-year percentage decreases, with significant declines over the period. The calculated CAGR from 2024 to 2028 underlines an average annual reduction in employment, indicating a shrinking workforce in the sector.

Future trends to watch for:

  • Technological advancements and automation leading to workforce reductions.
  • Potential shifts in industrial focus due to energy transitions impacting employment levels.
  • Global economic conditions affecting manufacturing demand and consequently employment.

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