In 2023, the employment in the manufacture of aircraft and spacecraft sector in Italy stood below the forecasted level of 42.44 thousand FTEs expected for 2024. Over the five-year forecast from 2024 to 2028, employment is anticipated to grow from 42.44 thousand in 2024 to 45.01 thousand in 2028, indicating a steady upward trend.
Year-on-year variations show consistent growth, with 2025 forecasted to experience a 1.53% increase from 2024. The upward trend continues with yearly increments, culminating in a projected 1.44% rise in 2028. The compound annual growth rate (CAGR) over the period is expected to be 1.50%, reflecting sustained expansion in this sector.
Future trends to monitor include:
- Technological advancements driving sector efficiency and employment shifts.
- Potential impacts of international trade policies on the Italian aerospace industry.
- Demand fluctuations influenced by global economic conditions and defense spending.