The forecast for the number of persons employed in the ships and boats building sector in Turkey from 2024 to 2028 shows stability with the workforce maintaining a consistent level of 20 thousand units from 2024 to 2027 and a slight increase to 21 thousand units in 2028. In 2023, the actual number of employees stood at 20 thousand units, indicating no change in the employment numbers for the next four years, with a minor 5% increase expected in the fifth year.
Year-on-year variations over the last two years: no change.
CAGR for the last five years: 0.24%.
Future trends to watch for:
- Technological advancements and the adoption of automation may impact employment numbers.
- Global economic conditions and demand for shipping and boat-building services.
- Regulatory changes and environmental regulations could influence the industry's employment dynamics.
- Investment in innovative shipbuilding techniques and materials.