Forecast: Number of Persons Employed in Repair of Electrical Equipment Sector in the UK

In 2023, the number of persons employed in the UK's repair of electrical equipment sector stood at approximately 5.20 thousand. Forecasts indicate a declining trend from 2024 to 2028, with annual figures dropping from 5.04 thousand in 2024 to 4.35 thousand in 2028.

Year-on-year, the employment levels are expected to decrease by approximately 3.57% in 2025 compared to 2024, followed by similar reductions of roughly 3.50% annually through 2028. The Compound Annual Growth Rate (CAGR) over the five-year forecast period indicates a decline of approximately 3.59%.

Future trends to watch for:

  • Advancements in technology leading to increased automation, which may further reduce employment.
  • Potential growth in domestic manufacturing, possibly affecting repair services demand.
  • Shifts in consumer behavior and preferences towards more sustainable repair options.

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