The number of persons employed in the weapons and ammunition sector in Germany has shown a steady increase from 2013 to 2023, rising from 12.14 thousand to 16.47 thousand employees. This indicates a solid growth trend, particularly highlighted by significant yearly increments in 2018 (13.06%) and 2020 (4.25%). Over the last two years, 2022 to 2023, there have been increases of 2.69% and 2.59% respectively.
The compound annual growth rate (CAGR) over the five years leading to 2023 stood at 2.74%, showcasing steady progress. This trend is forecasted to continue, with employment expected to reach 18.5 thousand by 2028, supported by a forecasted CAGR of 1.84% for the next five years.
Future trends to watch for include potential impacts of geopolitical factors, technological advancements in defense, and policy changes that could affect employment in this sector. Monitoring these dynamics will be crucial for anticipating shifts in the labor market.
