The employment in the repair of motor vehicles and motorcycles sector in Finland has shown a consistent decline from 2013 through 2023, starting at 237.48k and reaching 217.23k in 2023. This represents a gradual downward trend with fluctuations in between, notably slight upticks in 2018 and 2019. Over the last two years, the employment number decreased by 2.18%, and the last five years' CAGR stands at -0.92% annually.
The forecasted data suggest a continued decline in employment, projecting 210.21k by 2028. This represents a 5-year CAGR of -0.52%, with a total decline of approximately 2.59% over the forecast period.
Key future trends to monitor include the impact of the increasing automation within the automotive repair sector, advancements in electric vehicle technology potentially reducing the need for traditional maintenance, and the influence of economic conditions on consumer behavior related to vehicle repairs.
