In 2024, the employment in the manufacture of consumer electronics sector in Switzerland is forecasted to reach 687 full-time equivalents (FTEs). This represents a positive growth trend compared to previous years. The sector is expected to continue experiencing steady growth, with employment projected to increase to 711 FTEs in 2025, 734 FTEs in 2026, 757 FTEs in 2027, and 780 FTEs by 2028.
The year-on-year growth rates showcase a consistent increase in employment, suggesting a strong demand for consumer electronics manufacturing in Switzerland. The compound annual growth rate (CAGR) over the forecasted five-year period from 2024 to 2028 indicates an average annual growth, reflecting a robust and expanding sector.
Future trends to watch for include advancements in technology, such as the integration of AI and IoT in consumer electronics, which may drive further employment growth. Additionally, the shift towards sustainable and eco-friendly products could create new opportunities and demand for skilled labor in the industry.