Based on the provided data, the employment in the Maintenance and Repair of Motor Vehicles sector in Switzerland is projected to experience a slight reduction from 2024 to 2028. The figures for 2024 stand at 52.53 thousand full-time equivalents (FTE) and decrease annually until they reach 51.48 thousand FTE in 2028. Notably, in 2023, the actual employment value was at 52.7 thousand FTE. This indicates a steady decline over the years.
Year-on-year analysis reveals:
- For 2025, a decrease of 0.5% compared to 2024.
- For 2026, a decrease of 0.5% compared to 2025.
- For 2027, a decrease of 0.5% compared to 2026.
- For 2028, a decrease of 0.5% compared to 2027.
The Compound Annual Growth Rate (CAGR) indicates an average annual decline rate of around 0.6% over the five-year period from 2024 to 2028.
Future trends to watch for in this sector include the increasing adoption of electric vehicles, which may result in changes to the skill sets required for repairs and maintenance. Additionally, advancements in automotive technology and potential shifts in regulatory standards could play pivotal roles in shaping the employment landscape in the coming years.