The number of persons employed in the repair of motor vehicles and motorcycles sector in Brazil in 2023 stood at 10.82 million. Forecasts indicate a steady increase: 10.893 million in 2024, rising to 11.181 million by 2028. Year-on-year growth accelerates modestly over this period, with estimates showing a compound annual growth rate (CAGR) of 0.82% from 2024 to 2028.
Future trends to watch for:
- The impact of technological advancements on job roles, with potential shifts towards skilled repairs.
- Demand fluctuations driven by economic conditions and vehicle ownership levels.
- The influence of electric and hybrid vehicle adoption on employment dynamics.