The forecast for total internal R&D personnel in the UK ship and boat-building sector shows a gradual upward trend from 2024 to 2028. Starting in 2024 with a full-time equivalent of 1.94 thousand, the number is expected to grow steadily, reaching 2.16 thousand by 2028. The year-on-year growth is modest, reflecting industry stability, with the growth from 2024 to 2025 at approximately 3.1% and a similar trend onward. The CAGR over the forecast period suggests annual growth, indicating a healthy commitment to R&D in a competitive maritime industry.
Future trends to watch for include potential advancements in maritime technology, increasing focus on sustainability, and the impact of regulatory changes. These factors could significantly influence R&D investments, requiring agility and adaptation within the industry.
