The Manufacture of Electronic Components and Boards sector in Germany saw fluctuations over the past decade. Employment values decreased from 2013 to 2014, followed by a recovery phase that saw an upward trend. Notably, 2018 marked a significant increase at 12.11%, continuing to peak through 2019. The sector experienced a minor decline in 2020 but stabilized thereafter, achieving modest growth as of 2023.
In 2023, employment stood at 82.67 thousand full-time equivalents. Over the last two years, the year-on-year variations were 0.82% in 2022 and 0.80% in 2023. Additionally, the CAGR from the past five years was calculated at 0.58%.
Forecasts predict a continued gradual increase, reaching 85.85 thousand by 2028, with a forecasted 5-year CAGR of 0.6% and a total growth rate of 3.05%. Future trends to watch for include advancements in technology, shifts in global supply chains, and policy changes that may impact employment within this sector.
