Forecast: Number of Persons Employed in Manufacture of Electric Lighting Equipment Sector in France

The number of employees in the electric lighting equipment manufacturing sector in France is expected to decline steadily over the forecasted period from 2024 to 2028. The forecast begins with 5.88 thousand employees in 2024 and is projected to decrease to 3.13 thousand by 2028. The significant year-on-year reductions indicate a compounding average annual decline of around 15% over these five years.

Future trends to watch for include:

  • Increased automation and technological advancements, potentially reducing the need for manual labor.
  • Shifts in global production dynamics and supply chain restructuring post-pandemic influencing employment figures.
  • Environmental regulations and the push toward sustainable energy solutions impacting sector employment requirements.

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