The Aircraft and Spacecraft sector in Germany employed 90.93 thousand persons in 2023. Historical analysis shows a fluctuating trend with a significant dip in 2016, followed by steady growth reaching 2023. The year-on-year employment increased consistently over the past two years at modest rates (1.22% in 2022 and 1.19% in 2023). The forecast indicates a continued upward trajectory, with the CAGR expected to stabilize around 0.89% from 2024 to 2028.
Future trends to watch for:
- Technological advancements influencing labor market dynamics.
- The impact of sustainable aviation initiatives on employment.
- Potential geopolitical factors affecting the aerospace industry.
- Continued growth in aerospace manufacturing and EU policy influences.
