In 2023, the number of employees in Germany's manufacture of weapons and ammunition sector was approximately 16.24 thousand. Forecasted data shows a steady increase in employment from 2024 to 2028, rising from 16.64 thousand to 18.24 thousand employees. This represents a compound annual growth rate (CAGR) of approximately 2.29% over the five years. Year-on-year growth ranges between 2.43% and 2.19%.
Future trends to watch for include:
- The influence of geopolitical developments on defense spending and employment in the sector.
- Technological advancements and their impact on workforce needs.
- Changes in government policies or international regulations affecting the defense industry's workforce.