In 2023, the number of persons employed in the lifting and handling equipment sector in Germany stood at approximately 96.5 thousand. Forecasted data shows a gradual increase in employment: 97.8 thousand in 2024, rising yearly to reach 103.24 thousand by 2028. The year-on-year growth percentages are typically moderate, showcasing stability in the sector with an average annual increase of about 1.9% over these forecasted years. This trend indicates positive but cautious growth in the industry.
Looking ahead, trends to watch for include advancements in automation and digitalization, which may impact employment numbers and skill requirements. Companies in this sector should also monitor potential economic changes and labor market regulations that could influence future employment levels. Additionally, global supply chain dynamics might alter demand for lifting and handling equipment, subsequently influencing workforce needs.