The analysis of employment numbers in the European cables and wiring devices sector reveals Germany leading significantly with over 72,000 employed, followed by France and Serbia. Noteworthy trends in 2023 include Serbia's remarkable 23.7% employment spike and steady growth in Austria, Netherlands, and Bosnia and Herzegovina. In contrast, Germany and Switzerland faced declines, and several countries experienced minimal changes, indicating a stabilizing industry. Over the past five years, shifts hint at moderate transformations across the region.
Looking forward, it's crucial to monitor:
- Technological advancements affecting employment dynamics.
- Economic policies impacting the workforce distribution.
- Market expansions in emerging Eastern European nations.
Top countries in Cables and Wiring Devices Number of Persons Employed by Country
| # | 10 Countries | Units (Employees) | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Germany | 72,090 | 2023 | -1.35% | -3.32% | View data |
| 2 | 2 France | 25,790 | 2023 | +0.62% | +0.21% | View data |
| 3 | 3 Serbia | 17,560 | 2023 | +18.51% | +23.7% | View data |
| 4 | 4 Italy | 16,870 | 2023 | -0.67% | -0.85% | View data |
| 5 | 5 Poland | 14,540 | 2023 | +2.16% | +2.58% | View data |
| 6 | 6 Hungary | 12,800 | 2023 | +6.93% | +0.95% | View data |
| 7 | 7 Romania | 9,430 | 2023 | +3.15% | +0.76% | View data |
| 8 | 8 Czech Republic | 8,420 | 2023 | -4.6% | -4.28% | View data |
| 9 | 9 Spain | 7,070 | 2023 | +2.27% | +0.7% | View data |
| 10 | 10 Austria | 5,050 | 2023 | +3.55% | +4.35% | View data |
