The gross value added per employee FTE in the UK’s aircraft and spacecraft industry is forecasted to decline steadily from 2024 to 2028. With a starting point of 50.6 thousand euros in 2024, this value is expected to decrease to 34.7 thousand euros by 2028. This shows a consistent reduction of approximately 7.9% year-on-year during this period. When compared to the previous two years, this signifies a shift from a stable to a negative growth trajectory, with a five-year compound annual growth rate (CAGR) indicating a decrease in productivity per employee in this sector.
Future trends to watch include technological advancements in manufacturing processes which could counteract this decline. Innovations in automation and artificial intelligence, alongside potential increases in governmental and commercial investments, might revitalize productivity levels. Additionally, geopolitical and economic shifts could affect the aircraft and spacecraft sectors, influencing both demand and operational efficiencies.
