The employment data in the repair and installation of industrial machinery and equipment shows that Italy led the sector in 2023 with 118.4 thousand FTEs, reflecting a 1.76% increase from the previous year. The Czech Republic followed with 44.77 thousand FTEs, growing by 0.9%. The Netherlands, Austria, and Norway showcased modest increases of 0.52%, 1.81%, and 0.78% respectively. The United States experienced a decline of 1.53%, reaching 25 thousand FTEs. Over the last five years, the compound annual growth rate indicates varied expansion across countries, with Austria and Italy demonstrating notable resilience in employment growth.
Future trends to watch in global employment for this sector include potential growth in automation and digitization, which may alter the demand for specific skill sets. Additionally, sustainability and energy efficiency requirements could drive job growth in the green technology aspects of machinery repair and installation. International trade dynamics and policy changes could also influence employment trends across different regions.
Top countries in Employment in Repair and Installation of Industrial Machinery and Industrial Equipment by Country
| # | 6 Countries | Thousand Units (Full-Time Equivalent) | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Italy | 118.4 | 2023 | +0.68% | +1.76% | View data |
| 2 | 2 Czech Republic | 44.77 | 2023 | +0.034% | +0.9% | View data |
| 3 | 3 Netherlands | 39 | 2023 | 0% | +0.52% | View data |
| 4 | 4 Austria | 27.76 | 2023 | +1.26% | +1.81% | View data |
| 5 | 5 United States | 25 | 2023 | -3.85% | -1.53% | View data |
| 6 | 6 Norway | 18.3 | 2023 | +0.55% | +0.78% | View data |
