In 2023, the number of persons employed in the electrical equipment sector in Japan stood at approximately 568.0 thousand. Forecasts indicate a gradual decline in employment, dropping to 544.0 thousand by 2028. The year-on-year decline is consistently visible with decreases such as 0.9% from 2024 to 2025, and 0.9% from 2025 to 2026. The five-year Compound Annual Growth Rate (CAGR) is projected at -0.85%, reflecting a steady decrease over the analyzed period.

Future trends to watch for:

Technological advancements could influence further automation, potentially reducing the need for labor.
Evolving global demand patterns may impact employment rates.
Policy changes towards renewable energy and sustainability might reshape needs in the sector.