Forecast: Employment in Repair of Fabricated Metal Products, Machinery and Equipment Sector in Germany

The employment in the repair of fabricated metal products, machinery, and equipment sector in Germany is projected to rise steadily from 142.39 thousand FTEs in 2024 to 148.62 thousand FTEs in 2028. This shows a consistent year-on-year increase, reflecting a positive trend in this sector. Between 2024 and 2027, the sector experiences a growth rate of approximately 1.05% per year. In 2023, the workforce stood below these levels, indicating a recovery and expansion phase. Over the five-year period, the employment CAGR is approximately 1.04%, suggesting sustainable growth in this sector.

Future trends to watch for include:

• The impact of technological advancements on repair techniques and workforce requirements.
• Potential shifts in demands due to industry 4.0 and digitalization of equipment repair processes.
• Labor market flexibility and skills upgrading to adapt to evolving industry standards.
• Regulatory changes and their influence on employment dynamics.