Forecast: Number of Persons Employed in Manufacture of Measuring, Testing, Navigating and Control Equipment; Watches and Clocks Sector in the UK

In 2023, the number of persons employed in the UK's manufacture of measuring, testing, navigating, and control equipment; watches and clocks sector was 59.40 thousand employees. Forecast data from 2024 to 2028 indicates a slight annual increase in employment, with year-on-year growth percentages averaging around 0.08%. The five-year compound annual growth rate (CAGR) is projected to be minimal, reflecting a stable employment trend within the sector.

Future trends to watch for include:

  • The impact of technological advancements such as automation on employment numbers.
  • Potential market expansion in green technologies and their influence on this sector.
  • Brexit-related changes and their implications on trade and employment in the manufacturing industry.

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