The employment in the Repair of Motor Vehicles and Motorcycles sector in Sweden saw steady growth from 2013 to 2019, with an annual growth rate ranging between 0.22% and 2.29%. A notable drop occurred in 2020 with a decline of -2.65% due to external factors, followed by recovery in 2021 with a significant increase of 4.2%. From 2022 onwards, the sector has experienced a more stable growth rate around 0.86% annually. As of 2023, employment stood at 523.83 thousand Full-Time Equivalent workers, marking a consistent upward trend.
Future trends to watch for:
• Predicted steady growth with a forecasted 5-year CAGR of 0.64%, leading to an employment level of 545.39 thousand by 2028.
• Technological advancements in vehicle repair and maintenance might increase efficiency but could alter job roles and required skill sets.
• Regulatory changes and an increasing shift towards electric vehicles may impact employment dynamics, potentially driving demand for new specialized skills in the workforce.