Forecast: Employment in Manufacture of Consumer Electronics Sector in Denmark

The employment in the Manufacture of Consumer Electronics sector in Denmark has consistently contracted from 2013 to 2023, declining from 1.27 thousand FTEs in 2013 to 0.831 thousand FTEs in 2023. Between 2022 and 2023, there was a 2.69% decrease, while the average annual variation over the last five years was -4%. The forecast indicates a continuing downward trend, expecting employment to reduce further to 0.58 thousand FTEs by 2028 with a -5.75% CAGR, translating to a -25.64% growth rate.

Future trends to watch for:

  • Potential impact of technological advancements and automation in manufacturing.
  • Shift towards more sustainable production practices possibly influencing employment.
  • Potential policy changes or incentives that could alter the employment trajectory in this sector.

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