Forecast: Electrical Equipment and Electronics Number of Persons Employed in Germany

In 2024, the forecast for the number of persons employed in the electrical equipment and electronics sector in Germany rises to 522,740, reflecting a steady growth trend. The employment figures increase modestly year-on-year by approximately 0.35% to 0.39%, reaching 529,870 by 2028. The compound annual growth rate (CAGR) over this period is around 0.34% per year. This consistent increase highlights a stable sector with gradual employment growth.

Future trends to watch include:

  • Technological advancements boosting demand for skilled labor.
  • Potential impacts of automation and digitalization.
  • Global economic conditions affecting the sector's growth.

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