Forecast: Employment in Manufacture of Fibre Optic Cables Sector in Germany

Employment in the manufacture of fibre optic cables sector in Germany showed a notable decline from 2013 to 2019, with a significant dip from 1.48 thousand full-time equivalents in 2013 to 1.09 thousand in 2019. The years 2018 and 2019 were particularly challenging, with noticeable drops in employment. Despite a slight recovery in 2020 to 2023, employment figures in 2023 stood at 1.16 thousand, a lingering sign of previous declines. Future data forecasts indicate a modest growth, reaching 1.18 thousand FTEs by 2028. The overall average growth rate (CAGR) from 2023 to 2028 is forecasted at 0.21%, suggesting a period of stability yet slow improvement.

Future trends to watch for:

  • Continuous adaptation to technological advancements in fibre optics.
  • Potential influence of digital transformation initiatives on sectoral employment.
  • Impact of global supply chain dynamics and economic conditions post-2024.

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