In 2023, the number of persons employed in the Repair of Fabricated Metal Products, Machinery, and Equipment sector in Germany stood at 160.05 thousand. The forecasted data indicates a steady increase in employment from 2024 through 2028. Year-on-year, the employment numbers are expected to rise by approximately 1.35% on average. The Compound Annual Growth Rate (CAGR) for the five-year period is estimated to be around 1.27%.
Future trends to watch for include:
- Technological advancements potentially reducing labor demand.
- Increased emphasis on sustainability impacting repair practices and skills required.
- Fluctuations in the global market influencing employment stability.
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