Based on the available data, employment in the Manufacture of Electrical Equipment sector in Norway is forecasted to exhibit a steady decline from 2024 to 2028. In 2023, the sector's employment stood at 5.78 thousand full-time equivalents (FTEs). The year-on-year variations indicate a decrease of 1.23% from 2024 to 2025, 1.42% from 2025 to 2026, 1.26% from 2026 to 2027, and 1.28% from 2027 to 2028. Over the last five years, the compound annual growth rate (CAGR) reflects an average annual decline of approximately 1.57%.
Future trends to watch for:
• Automation and technological advancements could further impact employment levels.
• Global supply chain disruptions and shifts in manufacturing hubs might influence local employment.
• Policies encouraging sustainable and green manufacturing may alter workforce requirements.
