Forecast: Employment in Manufacture of Consumer Electronics Sector in Spain

In 2023, employment in the Manufacture of Consumer Electronics sector in Spain stood at 917 FTE. From 2024 to 2028, forecasts show a progressive decline in employment. The year-on-year variations are as follows: a decrease of 7.27% from 2024 to 2025, a further decline of 7.46% from 2025 to 2026, a reduction of 7.51% from 2026 to 2027, and a decrease of 7.83% from 2027 to 2028. The Compound Annual Growth Rate (CAGR) over this five-year period is -7.7%.

Future trends to watch for include advancements in automation and AI, which may further impact the employment landscape. Additionally, shifts in global supply chains and trade policies could influence local manufacturing operations and employment levels.