Forecast: Employees in Motor Vehicles, Trailers and Semi-Trailers Manufacturing Sector in Italy

In 2023, the Motor Vehicles, Trailers, and Semi-Trailers Manufacturing Sector in Italy had 165.1 thousand jobs. Forecasts indicate a steady decline in employment from 164.0 thousand jobs in 2024 to 159.7 thousand jobs in 2028. The year-on-year percentage change shows a reduction in employment of approximately 0.7% annually. The compound annual growth rate (CAGR) over the five-year period is expected to be a decrease of 0.7% per year.

Future trends to watch include advancements in automation and technology, which could further reduce labor demands. Additionally, shifts towards electric vehicles and sustainability standards could reshape job roles and requirements.

Top Countries about Motor Vehicle