The employment in the manufacture of motor vehicles sector in the Netherlands has shown a positive trend from 2013 to 2023, with consistent growth and few exceptions. Employment increased from 8.13 thousand in 2013 to 14.74 thousand in 2023. The sector experienced a significant rise from 2015 onwards, with notable increases in 2018 (17.26%) and 2019 (9.2%). Despite a small dip in 2020 (-2.73%), the upward momentum resumed. The last two years saw steady growth with year-on-year variations of 3.83% in 2022 and 3.65% in 2023. The 5-year CAGR leading to 2023 was 3.58%.
Future trends to watch:
- Continued growth forecasted, reaching an estimated 17.24 thousand by 2028, reflecting a 5-year CAGR of 2.48%.
- Technological advancements and shifts towards electric vehicles may influence employment demands.
- Economic shifts and regulatory changes could impact future growth variations.
This analysis indicates a robust trajectory for employment in the sector with potential for continued but moderated growth.
