The number of employees in the Manufacture of Air and Spacecraft and Related Machinery sector in Germany is projected to increase steadily from 91.88 thousand in 2024 to 96.05 thousand in 2028. The year-on-year growth rates between these projections are approximately 1.15% from 2024 to 2025, 1.13% from 2025 to 2026, 1.10% from 2026 to 2027, and 1.08% from 2027 to 2028. Considering the expected increase, the compound annual growth rate (CAGR) over this five-year forecast period is estimated at around 1.12%.
Future trends to monitor in this sector include:
- Technological advancements and their impact on workforce demand.
- Governmental policies on aerospace manufacturing in Germany.
- Global economic conditions and their influence on the aerospace market.
- The pace of innovations in green and sustainable aerospace technologies.
