Forecast: Employment in Manufacture of Motor Vehicles Sector in Switzerland

In 2024, the Swiss motor vehicle manufacturing sector is forecasted to employ 799 FTE (full-time equivalents). From this peak, a decline is forecasted: 722 FTE in 2025, 645 FTE in 2026, 570 FTE in 2027, and reaching 495 FTE in 2028. This downward trend suggests significant changes in the sector, with a year-on-year reduction of 9.6% from 2024 to 2025, 10.7% from 2025 to 2026, 11.6% from 2026 to 2027, and 13.2% from 2027 to 2028. The compound annual growth rate (CAGR) from 2024 to 2028 is -11.3%.

Future trends to watch for include:

  • Technological advancements and automation impacting employment numbers.
  • Potential shifts in global supply chains and their implications on local manufacturing.
  • Environmental and legislative pressures driving industry transformation toward more sustainable practices.
  • Economic factors influencing consumer demand and car production rates.

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