The forecast for the number of persons employed in the manufacture of steam generators (except central heating hot water boilers) sector in Italy shows a gradual decline from 2024 to 2028. The employment figures are projected to decrease from 1.99 thousand in 2024 to 1.82 thousand by 2028, indicating a consistent reduction in workforce over these years. Comparing year-on-year, from 2024 to 2025, the decrease is 2.01%, while from 2025 to 2026, it decreases by 2.56%. The forecast average compound annual growth rate (CAGR) from 2024 to 2028 is -2.23%, illustrating an annual average decline over the forecast period.
Future trends to watch for in this sector include:
- The impact of technological advancements leading to automation, potentially reducing employment further.
- Shifts in government policies or environmental regulations affecting production methods and employment.
- Global demand fluctuations for steam generators, which could influence sector growth and employment rates.
- Investment in green technologies that might create new job opportunities within the sector.