Forecast: Employment in Manufacture of Measuring, Testing, Navigating and Control Equipment; Watches and Clocks Sector in Italy

In 2023, employment in the manufacture of measuring, testing, navigating, control equipment, and watches and clocks sector in Italy stood at 16.5 thousand full-time equivalents. The forecast indicates a gradual decline from 2024 to 2028, with figures dropping from 16.37 to 15.39 thousand, marking an average annual decrease (CAGR) of approximately 1.5% over the five-year period. The year-on-year percentage variation shows a consistent decline, depicting a trend of shrinking employment in this sector.

Future trends to watch for include potential technological advancements leading to automation, the impact of global supply chain shifts, and policy changes in response to environmental sustainability. These factors could significantly influence employment trends in this sector.

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