In 2023, the number of persons employed in the manufacture of metal-forming machinery and machine tools sector in Germany stood at 123.80 thousand. Forecasts project a steady increase from 124.26 thousand in 2024 to 126.08 thousand by 2028. The year-on-year percentage growth estimated for 2024 to 2025 is roughly 0.37%, and from 2025 to 2026 is 0.37%. The compound annual growth rate (CAGR) over the forecasted five-year period is estimated to be approximately 0.37% per year.
Future trends to watch for include potential advancements in automation and digital transformation within the industry, which could impact employment numbers. Global economic conditions and shifts in manufacturing demand will also influence these forecasts.
