The employment in the manufacture of railway locomotives and rolling stock sector in Germany is projected to increase steadily from 2024 to 2028. With values forecasted at 22.85 thousand FTEs in 2024 and gradually growing to 23.98 thousand FTEs by 2028, the sector shows a positive year-on-year growth trajectory averaging around 1.2% per annum. Compared to 2023, this reflects a consistent upward trend that underscores stability and potential for moderate growth.
Future trends to watch for include:
- The impact of technological advancements and automation on workforce demands.
- Potential shifts in environmental regulations influencing production processes.
- Market demand fluctuations driven by railway infrastructure investments.