Employment in the renting and leasing of motor vehicles sector in Norway is projected to grow steadily from 2024 to 2028. In 2023, the sector employed 1.72 thousand FTEs, and projections show a gradual increase year on year. In 2024, employment is forecasted to be 1.77 thousand FTEs, increasing to 1.96 thousand FTEs by 2028. The projected year-on-year growth rates from 2024 onward range between 2.82% and 2.62%, indicating a stable upward trend.
Looking ahead, several trends should be considered:
- Technological advancements in rental and leasing services could drive demand for new skill sets and create additional employment opportunities.
- Increasing popularity of electric vehicles (EVs) may necessitate specialized training for employees and create roles dedicated to EV maintenance and support.
- Regulatory changes regarding environmental standards and sustainability might influence employment needs and roles in the sector.