In 2023, the number of persons employed in the ships and boats building sector in Germany was approximately 25,000. Forecasts for the period 2024-2028 show a steady level of employment, with stable figures of 26,000 for 2024 and 2025. A slight increase is projected for 2026 onwards, with employment reaching 27,000 through to 2028. Over the analyzed period, the employment CAGR is approximately 1.5%, indicating modest growth in this sector. The year-on-year growth between 2025 and 2026 is noteworthy at about 3.85%, marking the only point of visible change in the forecast period.
Future trends to watch for include:
- Technological advancements in shipbuilding processes, potentially impacting employment figures.
- Shifts in global economic conditions affecting maritime trade and shipbuilding demand.
- Environmental regulations and their effect on the demand for new, compliant vessels.