In 2023, China leads with 7.07 thousand Full-Time Equivalent (FTE) in Internal R&D Personnel focused on machinery and equipment repair and installation, showcasing a significant 10.86% year-on-year increase. Italy and the UK follow with 2.69 and 1.74 thousand FTE respectively, experiencing moderate growth. Germany faces a decline at -7.95%, indicating potential challenges. New Zealand's remarkable 79.29% rise is notable, although starting from a smaller base. Other European nations like the Czech Republic and Poland have shown stable increases, whereas countries like Canada and Romania have seen decreases. South Korea's minimal 0.87% growth signals a potential stagnation.
Future trends to watch include China's continued dominance and growth trajectory, Europe's varied performance, and potential rebounds in countries facing decline such as Germany and Canada. The increase in relative smaller contributors like New Zealand could indicate emerging market dynamics, while digital transformation and automation may impact R&D personnel demands globally.
Top countries in Total Internal R&D Personnel in Repair and Installation of Machinery and Equipment by Country
| # | 10 Countries | Units (Full-Time Equivalent) | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 China | 7,070 | 2023 | +7.5% | +10.86% | View data |
| 2 | 2 Italy | 2,690 | 2023 | +3.77% | +3.03% | View data |
| 3 | 3 United Kingdom | 1,740 | 2023 | +2.64% | +0.019% | View data |
| 4 | 4 Germany | 1,100 | 2023 | -10.18% | -7.95% | View data |
| 5 | 5 Czech Republic | 973.29 | 2023 | -0.09% | +6.13% | View data |
| 6 | 6 Poland | 711 | 2023 | +3.04% | +2.94% | View data |
| 7 | 7 Hungary | 529 | 2023 | +4.34% | +4.23% | View data |
| 8 | 8 Spain | 305.34 | 2023 | +0.24% | -1.72% | View data |
| 9 | 9 Norway | 195 | 2023 | +1.04% | +8.45% | View data |
| 10 | 10 Canada | 158 | 2023 | -16.4% | -12.67% | View data |
