The number of employees in the UK manufacture of railway locomotives and rolling stock sector was, as of 2023, recorded at 8.33 thousand. From 2024 to 2028, forecasts indicate a steady growth from 8.53 to 9.28 thousand employees, reflecting a compound annual growth rate (CAGR) over these five years of approximately 2.2%. Year-on-year, the percentage variation demonstrates a consistent increase, depicting an optimistic trend in employment within this sector, influenced by innovation and upgrades in rail infrastructure.
Future trends to watch for include:
- Technological advancements in rail technologies, potentially boosting job creation.
- Government investment in sustainable transportation which may drive employment.
- Brexit-related impacts on supply chain and manufacturing may challenge workforce stability.