The employment in the manufacture of fluid power equipment sector in Poland has exhibited a steady increase from 2013 to 2023, starting at 2.4 thousand FTE and reaching 6.1 thousand FTE in 2023. The annual year-on-year growth rates over this period have fluctuated, with notable highs in 2014 (21.01%) and 2019 (19.55%), and more modest increases in other years. The CAGR over the last five years is 8.05%. The forecast indicates continued growth, with employment expected to rise to 7.79 thousand FTE by 2028, at a 5-year CAGR of 3.87%, signifying a total growth rate of 20.92% over this period.
Future trends to watch for include:
- Technological advancements and automation potentially affecting employment numbers.
- Global supply chain dynamics influencing local manufacturing capacities.
- Market demand shifts based on economic and industrial cycles.