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.