In 2023, China led significantly in the global total internal R&D personnel in the manufacture of electrical equipment, with 396.59 thousand full-time equivalents, followed by Germany with 25.62 and South Korea with 19.99. Among the top countries, China, South Korea, and Israel showed substantial year-on-year growth rates at 5.3%, 4.31%, and 4.88% respectively, indicating expanding investments in R&D personnel. In contrast, Japan and Canada experienced declines of 8.03% and 3.39% respectively, reflecting potential re-allocation of resources or market shifts. Smaller countries like New Zealand and Latvia observed notable increases of over 9%.
Future trends to watch include possible continued growth in China as it capitalizes on its vast manufacturing base and increasing commitment to technological advancement. Additionally, keep an eye on emerging markets, as countries like Poland and Slovakia might demonstrate increasing R&D personnel numbers, driven by foreign investments and technological collaborations. Balancing this growth, developed markets might witness stabilization or realignment in their R&D personnel deployment due to evolving technological demands and economic conditions.
Top countries in Total Internal R&D Personnel in Manufacture of Electrical Equipment by Country
| # | 10 Countries | Units (Full-Time Equivalent) | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 China | 396,590 | 2023 | +4.38% | +5.3% | View data |
| 2 | 2 Germany | 25,620 | 2023 | +2.08% | +1.45% | View data |
| 3 | 3 South Korea | 19,990 | 2023 | +4.16% | +4.31% | View data |
| 4 | 4 Japan | 14,500 | 2023 | -12.53% | -8.03% | View data |
| 5 | 5 Italy | 10,110 | 2023 | +2.7% | +2.21% | View data |
| 6 | 6 Taiwan | 6,710 | 2023 | +1.38% | +1.55% | View data |
| 7 | 7 Israel | 5,180 | 2023 | +3.25% | +4.88% | View data |
| 8 | 8 United Kingdom | 5,130 | 2023 | +3.09% | +1.45% | View data |
| 9 | 9 Czech Republic | 4,090 | 2023 | +3.96% | +3.85% | View data |
| 10 | 10 Poland | 3,270 | 2023 | +3.84% | +6.08% | View data |