Forecast: Employment in Manufacture of Air and Spacecraft and Related Machinery Sector in Italy

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.

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