In 2023, the actual number of persons employed in the manufacture of weapons and ammunition sector in Germany was approximately 16.5 thousand. The forecasted data indicates a steady annual increase, with values expected to reach 18.5 thousand by 2028. From 2024 to 2028, employment is anticipated to grow at a compounded annual growth rate (CAGR) of approximately 2.76%. Year-on-year variance reveals a consistent increase of around 2-2.3% annually, suggesting a stable upward trend in employment within the industry.
Future trends to watch for include the impact of geopolitical developments on defense spending, technological advancements in manufacturing processes, and regulatory changes affecting the sector. These factors could influence employment numbers and necessitate shifts in workforce skills and competencies.
