The number of persons employed in the air and spacecraft and related machinery sector in the US stood at approximately 535,000 in 2023. Forecasts indicate a modest yet steady growth, reaching 546,000 by 2028. This represents year-on-year increases ranging from 0.37% to 0.55%, with a CAGR of roughly 0.41% over five years, suggesting a stable employment environment.
Future trends to watch for include:
- Technological advancements reshaping skill requirements.
- Regulatory changes impacting employment levels.
- Potential shifts in global demand for air and spacecraft products.
- The growing influence of sustainable practices in industry operations.
