In 2023, Germany led Europe's electrical equipment and electronics sector in employment, with 520,910 employees, followed by France at 137,850. Notable workforce growth occurred in Ireland, Serbia, and Malta, with increases of 4.8%, 4.48%, and 5.84% respectively. Conversely, Switzerland, Belgium, and Iceland saw declines of 4.68%, 2.37%, and 4.69%. Trends over the past five years indicate modest growth in Poland and the Netherlands, while Italy and the UK exhibited decline. Long-term trends suggest rising labor demand in Eastern Europe, driven by cost-effective labor markets and increasing production relocation from Western European countries.
Future trends to consider include the influence of automation and digital transformation on employment. Eastern Europe is projected to gain a larger share of the workforce due to competitive labor costs. Environmental regulations are expected to drive companies towards greener technologies, shaping employment dynamics within the sector. Brexit and energy policies in the UK will also play significant roles in shaping the workforce landscape. Monitoring the adoption of Industry 4.0 technologies will be crucial, as they promise to redefine skill requirements and workforce distribution across the continent.
Top countries in Electrical Equipment and Electronics Number of Persons Employed by Country
| # | 10 Countries | Units (Employees) | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Germany | 520,910 | 2023 | +0.36% | +0.05% | View data |
| 2 | 2 France | 137,850 | 2023 | +3.42% | +3.41% | View data |
| 3 | 3 Italy | 137,180 | 2023 | -2.37% | -1.76% | View data |
| 4 | 4 Poland | 127,230 | 2023 | +0.86% | +1.14% | View data |
| 5 | 5 Czech Republic | 107,240 | 2023 | +0.13% | -0.2% | View data |
| 6 | 6 United Kingdom | 69,370 | 2023 | -2.32% | -1.61% | View data |
| 7 | 7 Spain | 69,170 | 2023 | -0.056% | -0.73% | View data |
| 8 | 8 Hungary | 55,660 | 2023 | +1.1% | -0.14% | View data |
| 9 | 9 Austria | 52,560 | 2023 | +2.32% | +1.13% | View data |
| 10 | 10 Romania | 48,170 | 2023 | -0.55% | -0.93% | View data |
