In 2023, the fatal accident rate stood at 670.0 s per hundred persons in employment. Forecasts indicate a slight increase in fatal accidents in the UK electricity, gas, steam, and air conditioning supply sector from 2024 to 2028. The rate remains constant at 680.0 s from 2024 through 2025 before it rises to 690.0 s in 2026 and holds steady until 2028. This suggests a 1.47% increase from 2023 to 2026, and no further change thereafter. The five-year compound annual growth rate (CAGR) from 2023 to 2028 is expected to be approximately 0.59%.
Future trends to watch for include:
- Improvements in safety protocols and technology that could reduce accident incidences.
- Regulatory developments enhancing worker protection in high-risk environments.
- Trends in employment rates affecting accident statistics in this sector.