Forecast: Number of Employees in Manufacture of Measuring, Testing, Navigating and Control Equipment; Watches and Clocks Sector in France

In 2023, the number of employees in the Manufacture of Measuring, Testing, Navigating, and Control Equipment; Watches and Clocks Sector in France was approximately 32,120. The forecast from 2024 to 2028 shows a slight decline in employment, decreasing from 31,360 employees in 2024 to 28,360 in 2028. This represents an average annual decrease of around 2% year-on-year. The compound annual growth rate (CAGR) over this five-year period is negative, reflecting a consistent downward trend.

Future trends to watch for include the potential impact of technological advancements and automation on employment levels, shifts in global demand, and changes in the regulatory environment within the EU, which could all significantly influence the workforce dynamics in this sector.