Forecast: Number of Persons Employed in Ships and Boats Building in Germany

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.

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