According to the forecast, the total internal R&D personnel in the UK’s transportation and storage sector will progressively increase from 2024 to 2028, reaching 920.6 FTEs from 830.4 FTEs. This growth suggests a positive trajectory, with a noticeable year-on-year increase ranging between 2.8% to 3.2%. The compound annual growth rate (CAGR) over the forecast period remains steady and indicates a sustainable growth rate of approximately 2.67% per annum.

Future trends to watch for include:

Technological advancements driving the need for more R&D personnel.
Impact of regulatory changes on R&D investments.
Increased focus on sustainable and environmentally friendly transportation solutions.
Emerging innovations in logistics and storage efficiency.