Forecast: Number of Persons Employed in Installation of Industrial Machinery and Equipment Sector in Brazil

In 2023, the number of persons employed in the installation of industrial machinery and equipment sector in Brazil stood slightly below forecasted 2024 values.

From 2024 to 2028, a trend of growth is forecasted, with employment numbers expanding from 39.15 thousand to 42.52 thousand employees. The year-on-year variation highlights steady increases: a 2.2% growth from 2024 to 2025, a 2.1% increase from 2025 to 2026, and similar percentages continuing to rise through 2028. Over these five years, a compound annual growth rate (CAGR) of approximately 2.1% is expected.

Future trends to watch for:

  • Technological advancements impacting job functions and requiring new skill sets.
  • Potential policy changes affecting industrial growth and labor demand.
  • Economic factors influencing investment in the industrial sector.

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