Forecast: Number of Persons Employed in Repair and Installation of Industrial Machinery and Industrial Equipment in Germany

The employment in the repair and installation of industrial machinery and equipment sector in Germany stood at an estimated 261.0 thousand persons in 2023. The forecast data from 2024 to 2028 indicates a gradual increase from 263.0 to 269.0 thousand persons. Over the five-year period, the compound annual growth rate (CAGR) is approximately 0.57% year-on-year. Recent variations suggest moderate growth, signaling stability in this sector.

Future trends to watch for:

  • Technological advancements may drive demand for more specialized skill sets.
  • Potential economic fluctuations could impact employment levels.
  • The transition towards automation may alter the workforce dynamics in this sector.
  • Regulations and environmental policies could influence job opportunities and sector growth.

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