The number of researchers in the manufacture of consumer electronics in Spain has seen significant fluctuations over the past decade. The figures dropped from 2013 onwards, reaching a low in 2015, before experiencing brief recoveries in 2016 and 2018. However, the general trend has been downward, with values decreasing from 2019 through 2023. By 2023, the count stood at 67.56 full-time equivalents. The Compound Annual Growth Rate (CAGR) for the 2018-2023 period was -3.8%, indicating a consistent decline. Forecasts suggest this trend will continue, with the number of researchers expected to fall to 40.71 by 2028, representing a 5-year CAGR of -8.04%.
Future trends to watch for:
• Ongoing technological advancements that might either reduce the need for researchers or create demand in specialized areas.
• Economic policies and investments in R&D that could potentially mitigate the downward trend.
• The impact of global competition and shifts in manufacturing bases which might influence local employment in this sector.
